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512 Pine St

Farmington, MN 55024

2 bd 1 ba 800 sqft Built 1945 Lot 10,237 sqft single_family
Most recent sale
$230,500
Feb 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 18, 2025 Sold $265,000 NorthstarMLS
Jul 11, 2025 Listed $260,000 NorthstarMLS
Feb 11, 2022 Sold $230,500 MLS #6140675
Jan 13, 2022 Listed $210,000 MLS #6140675
Dec 12, 2015 Sold $137,000 MLS #4649314
Oct 16, 2015 Price changed $144,900 MLS #4649314
Sep 29, 2015 Listed $149,900 MLS #4649314
Sep 10, 2013 Sold $90,000 MLS #4396998
Jul 31, 2013 Listed $90,000 MLS #4396998

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,009 $46,991 $166,000 $2,104
2023 $113,795 $48,871 $162,666 $2,012
2022 $99,792 $41,401 $141,193 $2,056
2021 $92,197 $38,423 $130,620 $1,922
2020 $84,108 $35,939 $120,047 $1,846
2019 $72,935 $33,160 $106,095 $1,672
2018 $68,758 $31,124 $99,882 $1,628
2017 $63,188 $28,955 $92,143 $1,552
2016 $54,825 $26,963 $81,788 $1,428
2015 $50,263 $24,440 $74,703 $1,226
2014 $43,305 $20,825 $64,130 $1,117
2013 $68,700 $29,200 $97,900 $2,136
2012 $72,900 $30,800 $103,700 $1,747
2011 $75,800 $32,400 $108,200 $1,689
2009 $91,700 $42,400 $134,100 $1,837
2008 $95,300 $42,400 $137,700 $1,828
2007 $95,300 $42,400 $137,700 $1,668

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
800 sqft
Lot size
10,237 sqft
ZIP code
55024
City
Farmington
Street
Pine St
Coordinates
44.64243, -93.14083

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
$1,200
Gross rental yield
6.25%
Implied cap rate
4.06%
Trend-extrapolated value

Frequently asked questions

When did 512 Pine St last sell?
512 Pine St most recently sold on Feb 11, 2022 for $230,500.
What is the current tax assessment for 512 Pine St?
The most recent total assessment for 512 Pine St (year 2025) is $166,000 with $2,104 in property tax.
How does 512 Pine St's assessment compare to its last sale price?
The current assessment is 28.0% below the last sale price of $230,500.
When was 512 Pine St built?
512 Pine St was built in 1945.
How does 512 Pine St compare to others on Pine St?
We track 8 other properties on Pine St. Browse the list under "Other properties on Pine St" to compare beds, baths, and sale history.
What are the property facts for 512 Pine St?
512 Pine St is a 2 bed, 1 bath, 800 sqft, 10,237 sqft lot single_family.
Is 512 Pine St a flip candidate?
No — 512 Pine St does not appear in our flips dataset.
Is 512 Pine St a tax-appeal candidate?
No — 512 Pine 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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