3256 198th St
Farmington, MN 55024
4 bd 2 ba 1,940 sqft Built 1999 Lot 26,136 sqft single_family
Most recent sale
$384,900
Jul 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 27, 2022 | Sold | $384,900 | MLS #6214201 |
| Jun 8, 2022 | Listed | $384,900 | MLS #6214201 |
| Jun 21, 2010 | Sold | $225,000 | MLS #3901485 |
| May 5, 2010 | Price changed | $229,000 | MLS #3901485 |
| Mar 26, 2010 | Listed | $234,000 | MLS #3901485 |
| Mar 30, 1999 | Sold | $37,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $256,105 | $84,186 | $340,291 | $3,512 |
| 2023 | $239,815 | $81,664 | $321,479 | $3,308 |
| 2022 | $204,217 | $66,795 | $271,012 | $3,266 |
| 2021 | $193,844 | $61,254 | $255,098 | $3,134 |
| 2020 | $193,844 | $61,254 | $255,098 | $2,950 |
| 2019 | $170,523 | $57,434 | $227,957 | $2,941 |
| 2018 | $173,257 | $57,534 | $230,791 | $2,725 |
| 2017 | $151,717 | $53,895 | $205,612 | $2,766 |
| 2016 | $150,358 | $53,837 | $204,195 | $2,609 |
| 2015 | $134,110 | $51,664 | $185,774 | $2,309 |
| 2014 | $131,458 | $46,795 | $178,253 | $2,181 |
| 2013 | $118,255 | $42,013 | $160,268 | $2,300 |
| 2012 | $117,944 | $41,997 | $159,941 | $2,378 |
| 2011 | $127,535 | $44,723 | $172,258 | $2,319 |
| 2009 | $173,900 | $65,100 | $239,000 | $2,686 |
| 2008 | $173,900 | $65,100 | $239,000 | $2,646 |
| 2007 | $179,200 | $62,000 | $241,200 | $2,438 |
Property facts
Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,940 sqft
Lot size
26,136 sqft
ZIP code
55024
City
Farmington
Street
198th St
Coordinates
44.66194, -93.13191
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,910
Gross rental yield
9.07%
Implied cap rate
5.90%
Trend-extrapolated value
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Frequently asked questions
When did 3256 198th St last sell?
3256 198th St most recently sold on Jul 27, 2022 for $384,900.
What is the current tax assessment for 3256 198th St?
The most recent total assessment for 3256 198th St (year 2025) is $340,291 with $3,512 in property tax.
How does 3256 198th St's assessment compare to its last sale price?
The current assessment is 11.6% below the last sale price of $384,900.
When was 3256 198th St built?
3256 198th St was built in 1999.
How does 3256 198th St compare to others on 198th St?
We track 8 other properties on 198th St. Browse the list under "Other properties on 198th St" to compare beds, baths, and sale history.
What are the property facts for 3256 198th St?
3256 198th St is a 4 bed, 2 bath, 1,940 sqft, 26,136 sqft lot single_family.
Is 3256 198th St a flip candidate?
No — 3256 198th St does not appear in our flips dataset.
Is 3256 198th St a tax-appeal candidate?
No — 3256 198th 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 198th St