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5451 185the St

Farmington, MN 55024

2 bd 3 ba 1,448 sqft Built 1995 townhomes
Most recent sale
$222,000
Feb 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 11, 2022 Sold $222,000 MLS #6137453
Dec 27, 2021 Listed $225,000 MLS #6137453
Jul 11, 2007 Sold $143,500 Public Record
Aug 29, 2005 Sold $167,900 Public Record
Apr 29, 1997 Sold $89,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,094 $26,578 $188,672 $2,382
2023 $161,223 $26,840 $188,063 $2,316
2022 $152,400 $25,600 $178,000 $2,540
2021 $142,600 $24,400 $167,000 $2,404
2020 $142,600 $24,400 $167,000 $2,360
2019 $134,200 $23,200 $157,400 $2,145
2018 $118,600 $21,500 $140,100 $2,076
2017 $111,300 $19,900 $131,200 $2,131
2016 $111,600 $19,000 $130,600 $1,980
2015 $99,600 $18,100 $117,700 $1,758
2014 $93,500 $16,500 $110,000 $1,324
2013 $65,673 $10,774 $76,447 $1,497
2012 $71,300 $11,033 $82,333 $1,568
2011 $78,748 $11,978 $90,726 $1,627
2009 $125,300 $21,300 $146,600 $1,768
2008 $125,300 $21,300 $146,600 $1,741
2007 $127,700 $21,300 $149,000 $1,566

Property facts

Year built
1995
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,448 sqft
Lot size
ZIP code
55024
City
Farmington
Street
185the St
Coordinates
44.68263, -93.17489

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,172
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 5451 185the St last sell?
5451 185the St most recently sold on Feb 11, 2022 for $222,000.
What is the current tax assessment for 5451 185the St?
The most recent total assessment for 5451 185the St (year 2025) is $188,672 with $2,382 in property tax.
How does 5451 185the St's assessment compare to its last sale price?
The current assessment is 15.0% below the last sale price of $222,000.
When was 5451 185the St built?
5451 185the St was built in 1995.
How does 5451 185the St compare to others on 185the St?
We do not currently track other properties on 185the St.
What are the property facts for 5451 185the St?
5451 185the St is a 2 bed, 3 bath, 1,448 sqft townhomes.
Is 5451 185the St a flip candidate?
No — 5451 185the St does not appear in our flips dataset.
Is 5451 185the St a tax-appeal candidate?
No — 5451 185the 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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