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5400 206th St

Farmington, MN 55024

2 bd 2 ba 1,358 sqft Built 2003 townhomes
Most recent sale
$242,000
Feb 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 17, 2022 Sold $242,000 MLS #6138135
Jan 3, 2022 Listed $234,900 MLS #6138135
Oct 23, 2003 Sold $163,245 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $170,204 $45,173 $215,377 $2,710
2023 $172,724 $45,532 $218,256 $2,678
2022 $133,958 $38,082 $172,040 $2,492
2021 $128,433 $36,086 $164,519 $2,406
2020 $128,433 $36,086 $164,519 $2,344
2019 $119,667 $33,952 $153,619 $2,089
2018 $103,049 $30,514 $133,563 $1,845
2017 $86,464 $27,261 $113,725 $1,657
2016 $73,574 $25,000 $98,574 $1,534
2015 $65,048 $23,062 $88,110 $1,152
2014 $50,449 $19,567 $70,016 $1,168
2013 $49,972 $17,101 $67,073 $1,325
2012 $54,950 $17,573 $72,523 $1,588
2011 $71,989 $19,936 $91,925 $1,908
2009 $132,100 $35,400 $167,500 $2,073
2008 $132,100 $35,400 $167,500 $2,139
2007 $141,700 $35,400 $177,100 $1,932

Property facts

Year built
2003
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,358 sqft
Lot size
ZIP code
55024
City
Farmington
Street
206th St
Coordinates
44.65190, -93.17400

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,037
Gross rental yield
10.10%
Implied cap rate
6.57%
Trend-extrapolated value

Frequently asked questions

When did 5400 206th St last sell?
5400 206th St most recently sold on Feb 17, 2022 for $242,000.
What is the current tax assessment for 5400 206th St?
The most recent total assessment for 5400 206th St (year 2025) is $215,377 with $2,710 in property tax.
How does 5400 206th St's assessment compare to its last sale price?
The current assessment is 11.0% below the last sale price of $242,000.
When was 5400 206th St built?
5400 206th St was built in 2003.
How does 5400 206th St compare to others on 206th St?
We track 8 other properties on 206th St. Browse the list under "Other properties on 206th St" to compare beds, baths, and sale history.
What are the property facts for 5400 206th St?
5400 206th St is a 2 bed, 2 bath, 1,358 sqft townhomes.
Is 5400 206th St a flip candidate?
No — 5400 206th St does not appear in our flips dataset.
Is 5400 206th St a tax-appeal candidate?
No — 5400 206th 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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