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320 15th St

Farmington, MN 55024

4 bd 3 ba 2,306 sqft Built 2021 Lot 7,449 sqft single_family
Most recent sale
$467,500
Jan 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2022 Sold $467,500 MLS #6072545
Nov 18, 2021 Price changed $464,900 MLS #6072545
Nov 2, 2021 Price changed $475,000 MLS #6072545
Oct 14, 2021 Price changed $474,900 MLS #6072545
Sep 14, 2021 Price changed $489,900 MLS #6072545
Jul 30, 2021 Listed $499,900 MLS #6072545
Jun 2, 2021 Listing removed $93,000 NorthstarMLS
Jun 1, 2020 Listed $93,000 MLS #5573816
Feb 5, 2020 Sold $372,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $395,400 $103,486 $498,886 $6,186
2023 $380,000 $103,700 $483,700 $5,868
2022 $82,000 $82,000 $1,426
2021 $25,800 $25,800 $452
2020 $3,800 $3,800 $42

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,306 sqft
Lot size
7,449 sqft
ZIP code
55024
City
Farmington
Street
15th St
Coordinates
44.63989, -93.12426

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,459
Gross rental yield
8.88%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 320 15th St last sell?
320 15th St most recently sold on Jan 13, 2022 for $467,500.
What is the current tax assessment for 320 15th St?
The most recent total assessment for 320 15th St (year 2025) is $498,886 with $6,186 in property tax.
How does 320 15th St's assessment compare to its last sale price?
The current assessment is 6.7% above the last sale price of $467,500.
When was 320 15th St built?
320 15th St was built in 2021.
How does 320 15th St compare to others on 15th St?
We track 8 other properties on 15th St. Browse the list under "Other properties on 15th St" to compare beds, baths, and sale history.
What are the property facts for 320 15th St?
320 15th St is a 4 bed, 3 bath, 2,306 sqft, 7,449 sqft lot single_family.
Is 320 15th St a flip candidate?
Yes — 320 15th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 320 15th St a tax-appeal candidate?
No — 320 15th 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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