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1278 220th St

Farmington, MN 55024

3 bd 1 ba 1,100 sqft Built 1940 Lot 40,511 sqft single_family
Most recent sale
$255,000
Jul 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 7, 2022 Sold $255,000 MLS #6190885
May 6, 2022 Listed $239,900 MLS #6190885
Feb 6, 2019 Listing removed $135,900 NorthstarMLS
Jun 12, 2018 Sold $139,900 Public Record
Nov 4, 2017 Listing removed $135,900 NorthstarMLS
Oct 25, 2017 Price changed $135,900 MLS #4865246
Aug 14, 2017 Listed $139,900 MLS #4865246
Aug 2, 2017 Sold $84,000 Public Record
Jul 16, 2015 Listing removed $99,900 NorthstarMLS
May 22, 2015 Listed $99,900 MLS #4602195

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $136,991 $65,306 $202,297 $1,746
2023 $125,698 $68,796 $194,494 $1,734
2022 $94,953 $54,633 $149,586 $1,572
2021 $91,119 $54,325 $145,444 $1,570
2020 $91,119 $54,325 $145,444 $1,522
2019 $83,178 $50,930 $134,108 $1,319
2018 $75,149 $40,211 $115,360 $1,207
2017 $66,882 $35,398 $102,280 $1,161
2016 $60,682 $34,731 $95,413 $1,209
2015 $60,877 $34,754 $95,631 $1,127
2014 $63,921 $35,089 $99,010 $968
2013 $49,681 $29,927 $79,608 $1,139
2012 $54,792 $32,555 $87,347 $1,309
2011 $69,652 $36,116 $105,768 $1,345
2009 $109,200 $61,600 $170,800 $1,563
2008 $109,200 $61,600 $170,800 $1,538
2007 $111,300 $56,000 $167,300 $1,300

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,100 sqft
Lot size
40,511 sqft
ZIP code
55024
City
Farmington
Street
220th St
Coordinates
44.63016, -93.09137

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,650
Gross rental yield
7.76%
Implied cap rate
5.05%
Trend-extrapolated value

Frequently asked questions

When did 1278 220th St last sell?
1278 220th St most recently sold on Jul 7, 2022 for $255,000.
What is the current tax assessment for 1278 220th St?
The most recent total assessment for 1278 220th St (year 2025) is $202,297 with $1,746 in property tax.
How does 1278 220th St's assessment compare to its last sale price?
The current assessment is 20.7% below the last sale price of $255,000.
When was 1278 220th St built?
1278 220th St was built in 1940.
How does 1278 220th St compare to others on 220th St?
We track 8 other properties on 220th St. Browse the list under "Other properties on 220th St" to compare beds, baths, and sale history.
What are the property facts for 1278 220th St?
1278 220th St is a 3 bed, 1 bath, 1,100 sqft, 40,511 sqft lot single_family.
Is 1278 220th St a flip candidate?
No — 1278 220th St does not appear in our flips dataset.
Is 1278 220th St a tax-appeal candidate?
No — 1278 220th 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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