504 5th St
Farmington, MN 55024
2 bd 2 ba 1,519 sqft Built 2003 Lot 1,960 sqft townhomes
Most recent sale
$310,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $310,000 | MLS #6236552 |
| Jul 18, 2022 | Listed | $295,000 | MLS #6236552 |
| Jun 16, 2022 | Listed | $295,000 | MLS #6202195 |
| Mar 29, 2014 | Sold | $165,000 | MLS #4435407 |
| Feb 13, 2014 | Price changed | $165,000 | MLS #4435407 |
| Dec 14, 2013 | Relisted | $175,000 | MLS #4435407 |
| Dec 13, 2013 | Listing removed | $175,000 | NorthstarMLS |
| Dec 12, 2013 | Listed | $165,000 | MLS #4435407 |
| Mar 27, 2003 | Sold | $205,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $217,142 | $42,707 | $259,849 | $3,254 |
| 2023 | $188,850 | $42,050 | $230,900 | $2,830 |
| 2022 | $175,034 | $36,137 | $211,171 | $3,044 |
| 2021 | $179,227 | $34,342 | $213,569 | $3,104 |
| 2020 | $179,227 | $34,342 | $213,569 | $3,042 |
| 2019 | $168,238 | $32,360 | $200,598 | $2,812 |
| 2018 | $151,826 | $29,479 | $181,305 | $2,696 |
| 2017 | $141,062 | $26,945 | $168,007 | $2,621 |
| 2016 | $132,787 | $25,410 | $158,197 | $2,538 |
| 2015 | $124,513 | $23,874 | $148,387 | $2,219 |
| 2014 | $115,729 | $21,431 | $137,160 | $1,993 |
| 2013 | $97,801 | $18,322 | $116,123 | $2,234 |
| 2012 | $105,573 | $18,616 | $124,189 | $2,299 |
| 2011 | $114,462 | $19,973 | $134,435 | $2,391 |
| 2009 | $173,700 | $32,200 | $205,900 | $2,634 |
| 2008 | $173,700 | $32,200 | $205,900 | $2,614 |
| 2007 | $173,900 | $32,200 | $206,100 | $2,309 |
Property facts
Year built
2003
Property type
townhomes
Stories
1
Beds
2
Baths
2
Living area
1,519 sqft
Lot size
1,960 sqft
ZIP code
55024
City
Farmington
Street
5th St
Coordinates
44.63755, -93.14222
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,279
Gross rental yield
8.82%
Implied cap rate
5.73%
Trend-extrapolated value
—
Frequently asked questions
When did 504 5th St last sell?
504 5th St most recently sold on Aug 24, 2022 for $310,000.
What is the current tax assessment for 504 5th St?
The most recent total assessment for 504 5th St (year 2025) is $259,849 with $3,254 in property tax.
How does 504 5th St's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $310,000.
When was 504 5th St built?
504 5th St was built in 2003.
How does 504 5th St compare to others on 5th St?
We track 8 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 504 5th St?
504 5th St is a 2 bed, 2 bath, 1,519 sqft, 1,960 sqft lot townhomes.
Is 504 5th St a flip candidate?
No — 504 5th St does not appear in our flips dataset.
Is 504 5th St a tax-appeal candidate?
No — 504 5th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 5th St