5427 187th St
Farmington, MN 55024
4 bd 2 ba 2,137 sqft Built 1994 Lot 11,326 sqft single_family
Most recent sale
$400,000
Mar 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 16, 2022 | Sold | $400,000 | MLS #6150416 |
| Feb 8, 2022 | Listed | $379,900 | MLS #6150416 |
| Sep 25, 2020 | Sold | $312,000 | MLS #5501259 |
| Aug 5, 2020 | Relisted | $299,900 | MLS #5501259 |
| Jul 2, 2020 | Listed | $299,900 | MLS #5501259 |
| Aug 26, 2009 | Sold | $190,551 | Public Record |
| Jun 11, 2009 | Sold | $190,550 | MLS #3648669 |
| Mar 12, 2009 | Price changed | $214,500 | MLS #3648669 |
| Feb 17, 2009 | Listed | $219,000 | MLS #3648669 |
| Mar 11, 2004 | Sold | $249,900 | Public Record |
| Apr 21, 1995 | Sold | $120,300 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $282,347 | $90,208 | $372,555 | $4,638 |
| 2023 | $280,015 | $92,149 | $372,164 | $4,522 |
| 2022 | $228,871 | $78,656 | $307,527 | $4,404 |
| 2021 | $217,823 | $74,444 | $292,267 | $4,226 |
| 2020 | $217,823 | $74,444 | $292,267 | $4,244 |
| 2019 | $210,924 | $70,661 | $281,585 | $4,159 |
| 2018 | $207,596 | $62,653 | $270,249 | $3,947 |
| 2017 | $188,760 | $59,035 | $247,795 | $3,772 |
| 2016 | $173,765 | $55,609 | $229,374 | $3,896 |
| 2015 | $174,300 | $57,300 | $231,600 | $3,182 |
| 2014 | $148,782 | $48,982 | $197,764 | $3,171 |
| 2013 | $142,505 | $43,596 | $186,101 | $3,080 |
| 2012 | $130,687 | $41,680 | $172,367 | $3,147 |
| 2011 | $140,655 | $44,465 | $185,120 | $3,131 |
| 2009 | $191,900 | $67,400 | $259,300 | $3,414 |
| 2008 | $191,900 | $67,400 | $259,300 | $3,418 |
| 2007 | $199,900 | $67,400 | $267,300 | $3,106 |
Property facts
Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,137 sqft
Lot size
11,326 sqft
ZIP code
55024
City
Farmington
Street
187th St
Coordinates
44.67806, -93.17476
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,206
Gross rental yield
9.62%
Implied cap rate
6.25%
Trend-extrapolated value
—
Frequently asked questions
When did 5427 187th St last sell?
5427 187th St most recently sold on Mar 16, 2022 for $400,000.
What is the current tax assessment for 5427 187th St?
The most recent total assessment for 5427 187th St (year 2025) is $372,555 with $4,638 in property tax.
How does 5427 187th St's assessment compare to its last sale price?
The current assessment is 6.9% below the last sale price of $400,000.
When was 5427 187th St built?
5427 187th St was built in 1994.
How does 5427 187th St compare to others on 187th St?
We track 8 other properties on 187th St. Browse the list under "Other properties on 187th St" to compare beds, baths, and sale history.
What are the property facts for 5427 187th St?
5427 187th St is a 4 bed, 2 bath, 2,137 sqft, 11,326 sqft lot single_family.
Is 5427 187th St a flip candidate?
Yes — 5427 187th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5427 187th St a tax-appeal candidate?
No — 5427 187th 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 187th St