1465 Spruce St
Farmington, MN 55024
3 bd 3 ba 2,496 sqft Built 2021 Lot 6,970 sqft single_family
Most recent sale
$469,900
Jan 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 19, 2022 | Sold | $469,900 | MLS #5728554 |
| May 11, 2021 | Price changed | $469,900 | MLS #5728554 |
| Mar 22, 2021 | Listed | $459,900 | MLS #5728554 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $435,300 | $99,100 | $534,400 | $6,716 |
| 2023 | $310,635 | $98,916 | $409,551 | $4,970 |
| 2022 | — | $82,000 | $82,000 | $1,426 |
| 2021 | — | $14,900 | $14,900 | $260 |
Property facts
Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,496 sqft
Lot size
6,970 sqft
ZIP code
55024
City
Farmington
Street
Spruce St
Coordinates
44.63821, -93.12513
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,744
Gross rental yield
9.56%
Implied cap rate
6.21%
Trend-extrapolated value
—
Frequently asked questions
When did 1465 Spruce St last sell?
1465 Spruce St most recently sold on Jan 19, 2022 for $469,900.
What is the current tax assessment for 1465 Spruce St?
The most recent total assessment for 1465 Spruce St (year 2025) is $534,400 with $6,716 in property tax.
How does 1465 Spruce St's assessment compare to its last sale price?
The current assessment is 13.7% above the last sale price of $469,900.
When was 1465 Spruce St built?
1465 Spruce St was built in 2021.
How does 1465 Spruce St compare to others on Spruce St?
We track 8 other properties on Spruce St. Browse the list under "Other properties on Spruce St" to compare beds, baths, and sale history.
What are the property facts for 1465 Spruce St?
1465 Spruce St is a 3 bed, 3 bath, 2,496 sqft, 6,970 sqft lot single_family.
Is 1465 Spruce St a flip candidate?
No — 1465 Spruce St does not appear in our flips dataset.
Is 1465 Spruce St a tax-appeal candidate?
No — 1465 Spruce 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 Spruce St