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1104 Locust St

Farmington, MN 55024

4 bd 2 ba 1,802 sqft Built 2000 Lot 6,011 sqft single_family
Most recent sale
$374,500
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $374,500 MLS #6251018
Aug 19, 2022 Listed $349,900 MLS #6251018
Jan 13, 2018 Sold $244,500 MLS #4887344
Dec 12, 2017 Relisted $244,500 MLS #4887344
Nov 28, 2017 Price changed $244,500 MLS #4887344
Oct 25, 2017 Listed $249,500 MLS #4887344
Jun 3, 2016 Sold $240,000 MLS #4701053
Apr 12, 2016 Listed $239,900 MLS #4701053
Jan 25, 2016 Sold $176,800 MLS #4659590
Nov 4, 2015 Listed $176,800 MLS #4659590
Nov 28, 2009 Listed $175,000 MLS #3859341

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $234,768 $70,752 $305,520 $3,814
2023 $232,138 $72,555 $304,693 $3,714
2022 $194,964 $61,878 $256,842 $3,688
2021 $180,170 $58,360 $238,530 $3,460
2020 $180,170 $58,360 $238,530 $3,462
2019 $173,532 $55,406 $228,938 $3,203
2018 $155,215 $51,923 $207,138 $3,061
2017 $142,428 $48,905 $191,333 $2,941
2016 $132,061 $45,974 $178,035 $2,877
2015 $124,643 $44,018 $168,661 $2,491
2014 $115,551 $38,722 $154,273 $2,296
2013 $100,325 $33,783 $134,108 $2,386
2012 $100,214 $32,695 $132,909 $2,466
2011 $109,349 $35,005 $144,354 $2,616
2009 $164,700 $55,600 $220,300 $2,845
2008 $164,700 $55,600 $220,300 $2,855
2007 $172,000 $55,600 $227,600 $2,589

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,802 sqft
Lot size
6,011 sqft
ZIP code
55024
City
Farmington
Street
Locust St
Coordinates
44.63538, -93.13155

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,703
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 1104 Locust St last sell?
1104 Locust St most recently sold on Sep 30, 2022 for $374,500.
What is the current tax assessment for 1104 Locust St?
The most recent total assessment for 1104 Locust St (year 2025) is $305,520 with $3,814 in property tax.
How does 1104 Locust St's assessment compare to its last sale price?
The current assessment is 18.4% below the last sale price of $374,500.
When was 1104 Locust St built?
1104 Locust St was built in 2000.
How does 1104 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 1104 Locust St?
1104 Locust St is a 4 bed, 2 bath, 1,802 sqft, 6,011 sqft lot single_family.
Is 1104 Locust St a flip candidate?
No — 1104 Locust St does not appear in our flips dataset.
Is 1104 Locust St a tax-appeal candidate?
No — 1104 Locust 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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