498 15th St
Farmington, MN 55024
5 bd 3 ba 2,596 sqft Built 2020 Lot 11,987 sqft single_family
Most recent sale
$530,236
May 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 23, 2022 | Sold | $530,236 | Public Record |
| Apr 1, 2022 | Listed | $577,900 | MLS #6172403 |
| Jan 18, 2022 | Listed | $527,375 | MLS #6143178 |
| Jan 15, 2022 | Listing removed | $527,375 | NorthstarMLS |
| Sep 10, 2021 | Price changed | $527,375 | MLS #5718515 |
| Aug 20, 2021 | Price changed | $546,675 | MLS #5718515 |
| Jun 11, 2021 | Price changed | $578,800 | MLS #5718515 |
| Apr 8, 2021 | Price changed | $529,300 | MLS #5718515 |
| Apr 3, 2021 | Price changed | $495,525 | MLS #5718515 |
| Mar 1, 2021 | Listed | $490,525 | MLS #5718515 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $388,656 | $103,363 | $492,019 | $6,102 |
| 2023 | $382,700 | $103,700 | $486,400 | $5,900 |
| 2022 | $75,100 | $90,200 | $165,300 | $2,360 |
| 2021 | — | $15,200 | $15,200 | $266 |
Property facts
Year built
2020
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,596 sqft
Lot size
11,987 sqft
ZIP code
55024
City
Farmington
Street
15th St
Coordinates
44.63851, -93.12393
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,894
Gross rental yield
8.81%
Implied cap rate
5.73%
Trend-extrapolated value
—
Frequently asked questions
When did 498 15th St last sell?
498 15th St most recently sold on May 23, 2022 for $530,236.
What is the current tax assessment for 498 15th St?
The most recent total assessment for 498 15th St (year 2025) is $492,019 with $6,102 in property tax.
How does 498 15th St's assessment compare to its last sale price?
The current assessment is 7.2% below the last sale price of $530,236.
When was 498 15th St built?
498 15th St was built in 2020.
How does 498 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 498 15th St?
498 15th St is a 5 bed, 3 bath, 2,596 sqft, 11,987 sqft lot single_family.
Is 498 15th St a flip candidate?
No — 498 15th St does not appear in our flips dataset.
Is 498 15th St a tax-appeal candidate?
No — 498 15th 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 15th St