403 12th St
Farmington, MN 55024
5 bd 3 ba 2,232 sqft Built 1998 Lot 7,013 sqft single_family
Most recent sale
$365,000
Feb 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2022 | Sold | $365,000 | MLS #6141231 |
| Jan 13, 2022 | Listed | $359,900 | MLS #6141231 |
| Feb 13, 2021 | Listing removed | $299,900 | NorthstarMLS |
| Dec 10, 2020 | Sold | $298,500 | MLS #5682602 |
| Nov 5, 2020 | Listed | $279,900 | MLS #5682602 |
| Dec 4, 2001 | Sold | $168,900 | Public Record |
| Dec 10, 1998 | Sold | $119,900 | Public Record |
| May 5, 1998 | Sold | $33,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $253,501 | $71,312 | $324,813 | $4,052 |
| 2023 | $257,000 | $74,700 | $331,700 | $4,288 |
| 2022 | $210,947 | $62,354 | $273,301 | $4,614 |
| 2021 | $196,010 | $58,870 | $254,880 | $3,692 |
| 2020 | $196,010 | $58,870 | $254,880 | $3,646 |
| 2019 | $185,450 | $55,805 | $241,255 | $3,634 |
| 2018 | $171,822 | $52,538 | $224,360 | $3,313 |
| 2017 | $157,827 | $49,529 | $207,356 | $3,246 |
| 2016 | $150,144 | $46,748 | $196,892 | $3,147 |
| 2015 | $140,173 | $44,729 | $184,902 | $2,685 |
| 2014 | $127,199 | $39,282 | $166,481 | $2,472 |
| 2013 | $110,249 | $34,323 | $144,572 | $2,592 |
| 2012 | $111,289 | $33,283 | $144,572 | $2,675 |
| 2011 | $121,300 | $35,589 | $156,889 | $2,850 |
| 2009 | $174,500 | $55,600 | $230,100 | $2,988 |
| 2008 | $174,500 | $55,600 | $230,100 | $3,027 |
| 2007 | $184,100 | $55,600 | $239,700 | $2,747 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,232 sqft
Lot size
7,013 sqft
ZIP code
55024
City
Farmington
Street
12th St
Coordinates
44.63872, -93.12995
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,348
Gross rental yield
11.01%
Implied cap rate
7.15%
Trend-extrapolated value
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Frequently asked questions
When did 403 12th St last sell?
403 12th St most recently sold on Feb 9, 2022 for $365,000.
What is the current tax assessment for 403 12th St?
The most recent total assessment for 403 12th St (year 2025) is $324,813 with $4,052 in property tax.
How does 403 12th St's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $365,000.
When was 403 12th St built?
403 12th St was built in 1998.
How does 403 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 403 12th St?
403 12th St is a 5 bed, 3 bath, 2,232 sqft, 7,013 sqft lot single_family.
Is 403 12th St a flip candidate?
Yes — 403 12th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 403 12th St a tax-appeal candidate?
No — 403 12th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 12th St