1475 Spruce St
Farmington, MN 55024
4 bd 5 ba 2,838 sqft Built 2021 Lot 6,970 sqft single_family
Most recent sale
$505,900
Feb 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 9, 2022 | Sold | $505,900 | MLS #6098326 |
| Sep 24, 2021 | Price changed | $505,900 | MLS #6098326 |
| Sep 10, 2021 | Listed | $485,000 | MLS #6098326 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $467,700 | $99,100 | $566,800 | $7,206 |
| 2023 | $336,400 | $99,000 | $435,400 | $5,282 |
| 2022 | — | $27,100 | $27,100 | $472 |
| 2021 | — | $14,900 | $14,900 | $260 |
Property facts
Year built
2021
Property type
single_family
Stories
4
Beds
4
Baths
5
Living area
2,838 sqft
Lot size
6,970 sqft
ZIP code
55024
City
Farmington
Street
Spruce St
Coordinates
44.63821, -93.12489
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,257
Gross rental yield
10.10%
Implied cap rate
6.56%
Trend-extrapolated value
—
Frequently asked questions
When did 1475 Spruce St last sell?
1475 Spruce St most recently sold on Feb 9, 2022 for $505,900.
What is the current tax assessment for 1475 Spruce St?
The most recent total assessment for 1475 Spruce St (year 2025) is $566,800 with $7,206 in property tax.
How does 1475 Spruce St's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $505,900.
When was 1475 Spruce St built?
1475 Spruce St was built in 2021.
How does 1475 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 1475 Spruce St?
1475 Spruce St is a 4 bed, 5 bath, 2,838 sqft, 6,970 sqft lot single_family.
Is 1475 Spruce St a flip candidate?
No — 1475 Spruce St does not appear in our flips dataset.
Is 1475 Spruce St a tax-appeal candidate?
No — 1475 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