Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 80M+ records · 24M+ properties All 50 states Methodology

1597 Spruce St

Farmington, MN 55024

5 bd 4 ba 3,532 sqft Built 2024 Lot 8,712 sqft single_family
Most recent sale
$259,800
Feb 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2024 Listed $753,769 NorthstarMLS
Feb 10, 2022 Sold $259,800 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,900 $84,900 $1,282
2023 $28,000 $28,000 $412
2022 $800 $800 $14

Property facts

Year built
2024
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,532 sqft
Lot size
8,712 sqft
ZIP code
55024
City
Farmington
Street
Spruce St
Coordinates
44.63931, -93.12128

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
$1,559
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1597 Spruce St last sell?
1597 Spruce St most recently sold on Feb 10, 2022 for $259,800.
What is the current tax assessment for 1597 Spruce St?
The most recent total assessment for 1597 Spruce St (year 2025) is $84,900 with $1,282 in property tax.
How does 1597 Spruce St's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $259,800.
When was 1597 Spruce St built?
1597 Spruce St was built in 2024.
How does 1597 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 1597 Spruce St?
1597 Spruce St is a 5 bed, 4 bath, 3,532 sqft, 8,712 sqft lot single_family.
Is 1597 Spruce St a flip candidate?
No — 1597 Spruce St does not appear in our flips dataset.
Is 1597 Spruce St a tax-appeal candidate?
No — 1597 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

Explore nearby