505 Elm St
Farmington, MN 55024
3 bd 3 ba 2,000 sqft Built 1942 Lot 10,237 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $167,751 | $51,100 | $218,851 | $2,732 |
| 2023 | $172,340 | $52,107 | $224,447 | $2,738 |
| 2022 | $151,476 | $44,860 | $196,336 | $2,820 |
| 2021 | $121,471 | $39,335 | $160,806 | $2,334 |
| 2020 | $108,245 | $34,583 | $142,828 | $2,184 |
| 2019 | $97,480 | $32,268 | $129,748 | $2,343 |
| 2018 | $89,214 | $30,070 | $119,284 | $2,260 |
| 2017 | $79,988 | $27,960 | $107,948 | $2,148 |
| 2016 | $67,497 | $25,954 | $93,451 | $1,978 |
| 2015 | $61,481 | $23,577 | $85,058 | $1,760 |
| 2014 | $51,838 | $20,031 | $71,869 | $1,631 |
| 2013 | $59,183 | $20,098 | $79,281 | $1,841 |
| 2012 | $59,142 | $21,229 | $80,371 | $1,806 |
| 2011 | $82,700 | $30,000 | $112,700 | $2,184 |
| 2009 | $100,500 | $39,200 | $139,700 | $3,262 |
| 2008 | $102,000 | $38,100 | $140,100 | $2,112 |
| 2007 | $100,800 | $38,100 | $138,900 | $1,435 |
Property facts
Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,000 sqft
Lot size
10,237 sqft
ZIP code
55024
City
Farmington
Street
Elm St
Coordinates
44.64070, -93.14131
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsFrequently asked questions
When did 505 Elm St last sell?
No public-record sale is on file for 505 Elm St.
What is the current tax assessment for 505 Elm St?
The most recent total assessment for 505 Elm St (year 2025) is $218,851 with $2,732 in property tax.
When was 505 Elm St built?
505 Elm St was built in 1942.
How does 505 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 505 Elm St?
505 Elm St is a 3 bed, 3 bath, 2,000 sqft, 10,237 sqft lot single_family.
Is 505 Elm St a flip candidate?
No — 505 Elm St does not appear in our flips dataset.
Is 505 Elm St a tax-appeal candidate?
No — 505 Elm 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 Elm St