Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 25M+ properties All 50 states Methodology

3297 224th St

Farmington, MN 55024

4 bd 3 ba 2,147 sqft Built 2017 Lot 10,019 sqft single_family
Most recent sale
$440,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $440,000 MLS #6169374
Mar 25, 2022 Listed $399,900 MLS #6169374
Mar 16, 2017 Sold $48,500 Public Record
Sep 16, 2016 Listing removed $274,370 NorthstarMLS
May 12, 2016 Listed $274,370 MLS #4714642

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $337,460 $90,140 $427,600 $5,312
2023 $337,500 $91,600 $429,100 $5,206
2022 $283,897 $78,784 $362,681 $5,184
2021 $263,632 $74,524 $338,156 $4,878
2020 $259,816 $55,668 $315,484 $4,748
2019 $226,763 $52,315 $279,078 $4,293
2018 $26,460 $26,460 $451
2017 $42,000 $42,000 $837
2016 $40,600 $40,600 $1,132
2015 $37,800 $37,800 $1,056
2014 $34,000 $34,000 $1,035
2013 $33,000 $33,000 $1,058
2012 $34,700 $34,700 $1,072
2011 $38,600 $38,600 $1,107
2009 $33,800 $33,800 $964
2008 $16,600 $16,600 $680
2007 $1,100 $1,100 $12

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,147 sqft
Lot size
10,019 sqft
ZIP code
55024
City
Farmington
Street
224th St
Coordinates
44.62499, -93.13315

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,221
Gross rental yield
8.78%
Implied cap rate
5.71%
Trend-extrapolated value

Frequently asked questions

When did 3297 224th St last sell?
3297 224th St most recently sold on May 27, 2022 for $440,000.
What is the current tax assessment for 3297 224th St?
The most recent total assessment for 3297 224th St (year 2025) is $427,600 with $5,312 in property tax.
How does 3297 224th St's assessment compare to its last sale price?
The current assessment is 2.8% below the last sale price of $440,000.
When was 3297 224th St built?
3297 224th St was built in 2017.
How does 3297 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 3297 224th St?
3297 224th St is a 4 bed, 3 bath, 2,147 sqft, 10,019 sqft lot single_family.
Is 3297 224th St a flip candidate?
No — 3297 224th St does not appear in our flips dataset.
Is 3297 224th St a tax-appeal candidate?
No — 3297 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

Explore nearby