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18005 Elgin Ave

Farmington, MN 55024

4 bd 2 ba 1,910 sqft Built 1991 Lot 3,690 sqft single_family
Most recent sale
$380,000
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $380,000 MLS #6214582
Jun 13, 2022 Price changed $369,900 MLS #6214582
Jun 8, 2022 Listed $349,900 MLS #6214582
May 22, 2012 Sold $116,000 MLS #4062728
Aug 19, 2011 Price changed $119,000 MLS #4062728
Jul 8, 2011 Price changed $139,000 MLS #4062728
Jun 28, 2011 Listed $149,000 MLS #4062728
Nov 21, 2003 Sold $201,500 Public Record
Jun 7, 2002 Sold $173,000 Public Record
Feb 20, 1992 Sold $88,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $231,145 $66,290 $297,435 $3,702
2023 $234,640 $66,347 $300,987 $3,668
2022 $185,484 $56,098 $241,582 $3,474
2021 $184,216 $53,333 $237,549 $3,444
2020 $184,216 $53,333 $237,549 $3,380
2019 $173,023 $50,356 $223,379 $3,200
2018 $159,532 $47,388 $206,920 $3,055
2017 $146,297 $44,600 $190,897 $2,837
2016 $129,867 $41,737 $171,604 $2,723
2015 $119,739 $39,766 $159,505 $2,385
2014 $111,153 $36,471 $147,624 $2,232
2013 $98,334 $31,959 $130,293 $2,300
2012 $97,101 $30,903 $128,004 $2,361
2011 $105,087 $33,054 $138,141 $2,233
2009 $142,600 $51,300 $193,900 $2,459
2008 $142,600 $51,300 $193,900 $2,465
2007 $148,800 $51,300 $200,100 $2,231

Property facts

Year built
1991
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,910 sqft
Lot size
3,690 sqft
ZIP code
55024
City
Farmington
Street
Elgin Ave
Coordinates
44.68803, -93.16972

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,865
Gross rental yield
9.05%
Implied cap rate
5.88%
Trend-extrapolated value

Frequently asked questions

When did 18005 Elgin Ave last sell?
18005 Elgin Ave most recently sold on Jul 12, 2022 for $380,000.
What is the current tax assessment for 18005 Elgin Ave?
The most recent total assessment for 18005 Elgin Ave (year 2025) is $297,435 with $3,702 in property tax.
How does 18005 Elgin Ave's assessment compare to its last sale price?
The current assessment is 21.7% below the last sale price of $380,000.
When was 18005 Elgin Ave built?
18005 Elgin Ave was built in 1991.
How does 18005 Elgin Ave compare to others on Elgin Ave?
We track 8 other properties on Elgin Ave. Browse the list under "Other properties on Elgin Ave" to compare beds, baths, and sale history.
What are the property facts for 18005 Elgin Ave?
18005 Elgin Ave is a 4 bed, 2 bath, 1,910 sqft, 3,690 sqft lot single_family.
Is 18005 Elgin Ave a flip candidate?
No — 18005 Elgin Ave does not appear in our flips dataset.
Is 18005 Elgin Ave a tax-appeal candidate?
No — 18005 Elgin Ave 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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