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5055 194th St

Farmington, MN 55024

4 bd 2 ba 1,994 sqft Built 1995 Lot 10,672 sqft single_family
Most recent sale
$380,000
Mar 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 18, 2022 Sold $380,000 MLS #6148307
Feb 3, 2022 Listed $350,000 MLS #6148307
Apr 14, 2008 Sold $245,000 MLS #3494485
Feb 5, 2008 Listed $239,900 MLS #3494485
Nov 27, 2002 Sold $207,500 Public Record
Nov 4, 1999 Sold $167,500 Public Record
Aug 15, 1995 Sold $113,280 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $239,290 $84,433 $323,723 $4,038
2023 $243,731 $86,795 $330,526 $4,022
2022 $196,484 $73,765 $270,249 $3,878
2021 $184,748 $69,696 $254,444 $3,686
2020 $184,748 $69,696 $254,444 $3,670
2019 $176,922 $65,968 $242,890 $4,456
2018 $169,636 $62,463 $232,099 $4,264
2017 $154,189 $58,726 $212,915 $3,266
2016 $142,857 $55,234 $198,091 $3,238
2015 $137,294 $53,058 $190,352 $2,791
2014 $124,614 $48,625 $173,239 $3,539
2013 $116,071 $43,107 $159,178 $3,695
2012 $110,883 $41,428 $152,311 $2,806
2011 $120,552 $44,185 $164,737 $2,816
2009 $170,100 $68,500 $238,600 $3,112
2008 $170,100 $68,500 $238,600 $3,088
2007 $175,500 $68,500 $244,000 $2,803

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,994 sqft
Lot size
10,672 sqft
ZIP code
55024
City
Farmington
Street
194th St
Coordinates
44.66903, -93.16754

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,991
Gross rental yield
9.45%
Implied cap rate
6.14%
Trend-extrapolated value

Frequently asked questions

When did 5055 194th St last sell?
5055 194th St most recently sold on Mar 18, 2022 for $380,000.
What is the current tax assessment for 5055 194th St?
The most recent total assessment for 5055 194th St (year 2025) is $323,723 with $4,038 in property tax.
How does 5055 194th St's assessment compare to its last sale price?
The current assessment is 14.8% below the last sale price of $380,000.
When was 5055 194th St built?
5055 194th St was built in 1995.
How does 5055 194th St compare to others on 194th St?
We track 8 other properties on 194th St. Browse the list under "Other properties on 194th St" to compare beds, baths, and sale history.
What are the property facts for 5055 194th St?
5055 194th St is a 4 bed, 2 bath, 1,994 sqft, 10,672 sqft lot single_family.
Is 5055 194th St a flip candidate?
No — 5055 194th St does not appear in our flips dataset.
Is 5055 194th St a tax-appeal candidate?
No — 5055 194th 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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