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5251 217th St

Farmington, MN 55024

2 bd 2 ba 1,652 sqft Built 2024 Lot 5,375 sqft single_family
Most recent sale
$107,376
Sep 11, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 16, 2024 Price changed $493,000 NorthstarMLS
Dec 19, 2023 Listed $511,000 NorthstarMLS
Sep 11, 2023 Sold $107,376 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $162,870 $98,832 $261,702 $3,278
2023 $31,700 $31,700 $466
2022 $2,400 $2,400 $24

Property facts

Year built
2024
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,652 sqft
Lot size
5,375 sqft
ZIP code
55024
City
Farmington
Street
217th St
Coordinates
44.63676, -93.17251

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
$644
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5251 217th St last sell?
5251 217th St most recently sold on Sep 11, 2023 for $107,376.
What is the current tax assessment for 5251 217th St?
The most recent total assessment for 5251 217th St (year 2025) is $261,702 with $3,278 in property tax.
How does 5251 217th St's assessment compare to its last sale price?
The current assessment is 143.7% above the last sale price of $107,376.
When was 5251 217th St built?
5251 217th St was built in 2024.
How does 5251 217th St compare to others on 217th St?
We track 8 other properties on 217th St. Browse the list under "Other properties on 217th St" to compare beds, baths, and sale history.
What are the property facts for 5251 217th St?
5251 217th St is a 2 bed, 2 bath, 1,652 sqft, 5,375 sqft lot single_family.
Is 5251 217th St a flip candidate?
No — 5251 217th St does not appear in our flips dataset.
Is 5251 217th St a tax-appeal candidate?
Yes — 5251 217th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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