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3095 224th St

Farmington, MN 55024

5 bd 4 ba 2,861 sqft Built 2013 Lot 15,246 sqft single_family
Most recent sale
$495,000
May 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 12, 2022 Sold $495,000 MLS #6163887
Mar 31, 2022 Listed $479,000 MLS #6163887
Mar 20, 2014 Sold $328,052 Public Record
Nov 8, 2013 Sold $49,900 MLS #4344014
Oct 28, 2013 Relisted $49,900 MLS #4344014
Oct 8, 2013 Listing removed $49,900 Arrowhead
Aug 13, 2013 Listing removed $49,900 NorthstarMLS
Mar 12, 2013 Listed $49,900 MLS #1099842
Feb 24, 2013 Listing removed $49,900 NorthstarMLS
Mar 7, 2012 Listed $49,900 MLS #4129025
Feb 12, 2012 Listing removed $59,900 NorthstarMLS
Feb 18, 2011 Listed $59,900 MLS #4015650

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $396,206 $88,510 $484,716 $6,012
2023 $380,200 $88,900 $469,100 $5,690
2022 $320,413 $77,039 $397,452 $5,676
2021 $295,713 $72,963 $368,676 $5,312
2020 $295,713 $72,963 $368,676 $5,408
2019 $303,552 $56,404 $359,956 $4,768
2018 $257,418 $52,943 $310,361 $4,824
2017 $253,524 $50,297 $303,821 $4,837
2016 $247,599 $47,720 $295,319 $4,790
2015 $237,686 $45,861 $283,547 $2,194
2014 $97,663 $37,971 $135,634 $710
2013 $34,000 $34,000 $1,058
2012 $33,000 $33,000 $1,073
2011 $34,700 $34,700 $1,107
2009 $33,800 $33,800 $964
2008 $33,800 $33,800 $681
2007 $1,100 $1,100 $12

Property facts

Year built
2013
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,861 sqft
Lot size
15,246 sqft
ZIP code
55024
City
Farmington
Street
224th St
Coordinates
44.62512, -93.12909

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,292
Gross rental yield
10.40%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 3095 224th St last sell?
3095 224th St most recently sold on May 12, 2022 for $495,000.
What is the current tax assessment for 3095 224th St?
The most recent total assessment for 3095 224th St (year 2025) is $484,716 with $6,012 in property tax.
How does 3095 224th St's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $495,000.
When was 3095 224th St built?
3095 224th St was built in 2013.
How does 3095 224th St compare to others on 224th St?
We track 8 other properties on 224th St. Browse the list under "Other properties on 224th St" to compare beds, baths, and sale history.
What are the property facts for 3095 224th St?
3095 224th St is a 5 bed, 4 bath, 2,861 sqft, 15,246 sqft lot single_family.
Is 3095 224th St a flip candidate?
No — 3095 224th St does not appear in our flips dataset.
Is 3095 224th St a tax-appeal candidate?
No — 3095 224th 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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