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1510 Spruce St

Farmington, MN 55024

5 bd 4 ba 2,689 sqft Built 2021 Lot 10,411 sqft single_family
Most recent sale
$543,873
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $543,873 MLS #6106830
Sep 28, 2021 Listed $543,874 MLS #6106830

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $473,000 $94,300 $567,300 $7,214
2023 $192,588 $90,850 $283,438 $3,458
2022 $25,700 $25,700 $446
2021 $15,200 $15,200 $266

Property facts

Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
2,689 sqft
Lot size
10,411 sqft
ZIP code
55024
City
Farmington
Street
Spruce St
Coordinates
44.63841, -93.12312

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
$4,034
Gross rental yield
8.90%
Implied cap rate
5.79%
Trend-extrapolated value

Frequently asked questions

When did 1510 Spruce St last sell?
1510 Spruce St most recently sold on May 11, 2022 for $543,873.
What is the current tax assessment for 1510 Spruce St?
The most recent total assessment for 1510 Spruce St (year 2025) is $567,300 with $7,214 in property tax.
How does 1510 Spruce St's assessment compare to its last sale price?
The current assessment is 4.3% above the last sale price of $543,873.
When was 1510 Spruce St built?
1510 Spruce St was built in 2021.
How does 1510 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 1510 Spruce St?
1510 Spruce St is a 5 bed, 4 bath, 2,689 sqft, 10,411 sqft lot single_family.
Is 1510 Spruce St a flip candidate?
No — 1510 Spruce St does not appear in our flips dataset.
Is 1510 Spruce St a tax-appeal candidate?
No — 1510 Spruce 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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