5447 188th St
Farmington, MN 55024
5 bd 4 ba 3,320 sqft Built 1992 Lot 10,890 sqft single_family
Most recent sale
$440,000
Apr 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2022 | Sold | $440,000 | MLS #6145442 |
| Feb 3, 2022 | Listed | $413,000 | MLS #6145442 |
| Mar 27, 2020 | Sold | $330,000 | MLS #5474352 |
| Feb 6, 2020 | Listed | $319,900 | MLS #5474352 |
| Jan 18, 2019 | Listing removed | $2,245 | NorthstarMLS |
| Mar 20, 2018 | Listing removed | $2,245 | NorthstarMLS |
| Mar 6, 2018 | Price changed for rent | $2,245 | NorthstarMLS |
| Feb 20, 2018 | Listed for rent | $2,321 | NorthstarMLS |
| Feb 11, 2014 | Listing removed | $1,895 | NorthstarMLS |
| Jan 29, 2014 | Price changed for rent | $1,895 | NorthstarMLS |
| Dec 5, 2013 | Listed for rent | $2,100 | NorthstarMLS |
| Sep 10, 2013 | Sold | $264,900 | MLS #4368107 |
| Jul 1, 2013 | Price changed | $264,900 | MLS #4368107 |
| Jun 5, 2013 | Price changed | $269,900 | MLS #4368107 |
| May 17, 2013 | Listed | $273,900 | MLS #4368107 |
| Aug 6, 2007 | Sold | $289,600 | Public Record |
| Oct 7, 1993 | Sold | $164,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $366,493 | $87,594 | $454,087 | $5,638 |
| 2023 | $357,500 | $88,600 | $446,100 | $5,412 |
| 2022 | $289,800 | $77,000 | $366,800 | $5,236 |
| 2021 | $282,400 | $73,400 | $355,800 | $5,120 |
| 2020 | $271,200 | $69,900 | $341,100 | $5,116 |
| 2019 | $238,700 | $70,600 | $309,300 | $4,735 |
| 2018 | $222,900 | $67,200 | $290,100 | $4,590 |
| 2017 | $212,000 | $64,000 | $276,000 | $4,503 |
| 2016 | $200,100 | $61,800 | $261,900 | $4,406 |
| 2015 | $183,800 | $57,600 | $241,400 | $3,858 |
| 2014 | $158,544 | $47,831 | $206,375 | $3,513 |
| 2013 | $148,884 | $45,937 | $194,821 | $3,473 |
| 2012 | $161,313 | $48,986 | $210,299 | $3,569 |
| 2011 | $181,000 | $55,600 | $236,600 | $3,533 |
| 2009 | $217,800 | $72,700 | $290,500 | $3,870 |
| 2008 | $280,700 | $72,700 | $353,400 | $4,639 |
| 2007 | $280,700 | $72,700 | $353,400 | $4,226 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,320 sqft
Lot size
10,890 sqft
ZIP code
55024
City
Farmington
Street
188th St
Coordinates
44.67723, -93.17510
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,980
Gross rental yield
13.58%
Implied cap rate
8.83%
Trend-extrapolated value
—
Frequently asked questions
When did 5447 188th St last sell?
5447 188th St most recently sold on Apr 12, 2022 for $440,000.
What is the current tax assessment for 5447 188th St?
The most recent total assessment for 5447 188th St (year 2025) is $454,087 with $5,638 in property tax.
How does 5447 188th St's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $440,000.
When was 5447 188th St built?
5447 188th St was built in 1992.
How does 5447 188th St compare to others on 188th St?
We track 8 other properties on 188th St. Browse the list under "Other properties on 188th St" to compare beds, baths, and sale history.
What are the property facts for 5447 188th St?
5447 188th St is a 5 bed, 4 bath, 3,320 sqft, 10,890 sqft lot single_family.
Is 5447 188th St a flip candidate?
No — 5447 188th St does not appear in our flips dataset.
Is 5447 188th St a tax-appeal candidate?
No — 5447 188th 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 188th St