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616 14th St

Farmington, MN 55024

2 bd 2 ba 1,592 sqft Built 2000 Lot 6,403 sqft single_family
Most recent sale
$325,000
Mar 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 16, 2022 Sold $325,000 MLS #6147475
Feb 3, 2022 Listed $284,900 MLS #6147475
Sep 16, 2015 Sold $178,500 MLS #4567666
Jun 15, 2015 Sold $178,500 Public Record
Mar 3, 2015 Listed $179,500 MLS #4567666

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $182,868 $68,806 $251,674 $3,154
2023 $177,430 $70,801 $248,231 $3,036
2022 $149,691 $60,172 $209,863 $3,026
2021 $139,841 $56,724 $196,565 $2,862
2020 $139,841 $56,724 $196,565 $3,060
2019 $147,414 $54,383 $201,797 $2,794
2018 $129,344 $50,762 $180,106 $2,720
2017 $121,631 $47,902 $169,533 $2,609
2016 $112,581 $44,962 $157,543 $2,547
2015 $105,944 $42,988 $148,932 $2,196
2014 $98,022 $37,721 $135,743 $2,015
2013 $84,660 $32,771 $117,431 $2,132
2012 $86,570 $31,842 $118,412 $2,200
2011 $94,404 $34,145 $128,549 $2,363
2009 $141,100 $55,600 $196,700 $2,500
2008 $141,100 $55,600 $196,700 $2,542
2007 $149,900 $55,600 $205,500 $2,302

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,592 sqft
Lot size
6,403 sqft
ZIP code
55024
City
Farmington
Street
14th St
Coordinates
44.63570, -93.12736

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,388
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value

Frequently asked questions

When did 616 14th St last sell?
616 14th St most recently sold on Mar 16, 2022 for $325,000.
What is the current tax assessment for 616 14th St?
The most recent total assessment for 616 14th St (year 2025) is $251,674 with $3,154 in property tax.
How does 616 14th St's assessment compare to its last sale price?
The current assessment is 22.6% below the last sale price of $325,000.
When was 616 14th St built?
616 14th St was built in 2000.
How does 616 14th St compare to others on 14th St?
We track 8 other properties on 14th St. Browse the list under "Other properties on 14th St" to compare beds, baths, and sale history.
What are the property facts for 616 14th St?
616 14th St is a 2 bed, 2 bath, 1,592 sqft, 6,403 sqft lot single_family.
Is 616 14th St a flip candidate?
No — 616 14th St does not appear in our flips dataset.
Is 616 14th St a tax-appeal candidate?
No — 616 14th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast

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