1018 1st St
Farmington, MN 55024
3 bd 2 ba 1,520 sqft Built 1979 Lot 1,568 sqft townhomes
Most recent sale
$240,000
Nov 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 12, 2021 | Sold | $240,000 | MLS #6106159 |
| Oct 2, 2021 | Listed | $239,900 | MLS #6106159 |
| Aug 15, 2013 | Sold | $119,900 | MLS #4366009 |
| Jul 9, 2013 | Sold | $113,625 | Public Record |
| Jun 26, 2013 | Sold | $112,500 | Public Record |
| May 24, 2013 | Price changed | $119,900 | MLS #4366009 |
| May 13, 2013 | Listed | $129,900 | MLS #4366009 |
| Mar 22, 2013 | Sold | $76,500 | MLS #4330060 |
| Feb 19, 2013 | Price changed | $80,000 | MLS #4330060 |
| Jan 24, 2013 | Listing removed | $89,900 | NorthstarMLS |
| Jan 21, 2013 | Listed | $89,900 | MLS #4331068 |
| Jan 17, 2013 | Listed | $89,900 | MLS #4330060 |
| Jun 13, 2011 | Listing removed | $112,500 | NorthstarMLS |
| Oct 20, 2009 | Sold | $95,218 | Public Record |
| Sep 9, 2009 | Price changed | $118,459 | MLS #3817034 |
| Jul 28, 2009 | Listed | $124,898 | MLS #3817034 |
| May 13, 2009 | Price changed | $119,898 | MLS #3631797 |
| Jan 3, 2009 | Listed | $125,000 | MLS #3631797 |
| Dec 30, 2005 | Sold | $152,500 | Public Record |
| Aug 1, 1988 | Sold | $68,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $146,142 | $30,540 | $176,682 | $2,236 |
| 2023 | $138,563 | $30,643 | $169,206 | $2,090 |
| 2022 | $113,289 | $25,615 | $138,904 | $2,024 |
| 2021 | $110,405 | $22,831 | $133,236 | $1,960 |
| 2020 | $110,405 | $22,831 | $133,236 | $1,866 |
| 2019 | $100,003 | $21,352 | $121,355 | $1,722 |
| 2018 | $90,094 | $19,271 | $109,365 | $1,666 |
| 2017 | $84,781 | $17,499 | $102,280 | $1,698 |
| 2016 | $84,433 | $16,648 | $101,081 | $1,660 |
| 2015 | $80,123 | $15,617 | $95,740 | $1,403 |
| 2014 | $71,986 | $13,835 | $85,821 | $1,304 |
| 2013 | $63,509 | $11,739 | $75,248 | $1,355 |
| 2012 | $62,476 | $11,682 | $74,158 | $1,469 |
| 2011 | $71,963 | $12,877 | $84,840 | $1,559 |
| 2009 | $119,900 | $23,400 | $143,300 | $1,720 |
| 2008 | $119,900 | $23,400 | $143,300 | $1,684 |
| 2007 | $121,600 | $23,400 | $145,000 | $1,514 |
Property facts
Year built
1979
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
1,568 sqft
ZIP code
55024
City
Farmington
Street
1st St
Coordinates
44.63110, -93.14972
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
$2,280
Gross rental yield
11.40%
Implied cap rate
7.41%
Trend-extrapolated value
—
Frequently asked questions
When did 1018 1st St last sell?
1018 1st St most recently sold on Nov 12, 2021 for $240,000.
What is the current tax assessment for 1018 1st St?
The most recent total assessment for 1018 1st St (year 2025) is $176,682 with $2,236 in property tax.
How does 1018 1st St's assessment compare to its last sale price?
The current assessment is 26.4% below the last sale price of $240,000.
When was 1018 1st St built?
1018 1st St was built in 1979.
How does 1018 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 1018 1st St?
1018 1st St is a 3 bed, 2 bath, 1,520 sqft, 1,568 sqft lot townhomes.
Is 1018 1st St a flip candidate?
No — 1018 1st St does not appear in our flips dataset.
Is 1018 1st St a tax-appeal candidate?
No — 1018 1st 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 1st St