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1003 Walnut St

Farmington, MN 55024

3 bd 2 ba 1,896 sqft Built 1996 Lot 6,011 sqft single_family
Most recent sale
$355,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $355,000 MLS #6197056
Jul 30, 2022 Listed $355,000 MLS #6197056
Jan 31, 2013 Sold $192,000 MLS #4316819
Nov 12, 2012 Listed $197,500 MLS #4316819
Aug 24, 2004 Sold $210,500 Public Record
Jul 19, 1996 Sold $108,300 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $237,757 $72,995 $310,752 $3,880
2023 $232,557 $74,861 $307,418 $3,746
2022 $199,177 $63,878 $263,055 $3,778
2021 $183,636 $60,235 $243,871 $3,536
2020 $183,636 $60,235 $243,871 $3,448
2019 $173,240 $54,717 $227,957 $3,212
2018 $156,294 $51,389 $207,683 $3,053
2017 $142,453 $48,335 $190,788 $2,986
2016 $135,208 $45,552 $180,760 $2,958
2015 $129,860 $43,706 $173,566 $2,578
2014 $119,697 $40,135 $159,832 $2,378
2013 $103,937 $35,076 $139,013 $2,488
2012 $104,659 $34,027 $138,686 $2,570
2011 $114,214 $36,353 $150,567 $2,591
2009 $163,000 $57,300 $220,300 $2,845
2008 $163,000 $57,300 $220,300 $2,853
2007 $170,100 $55,600 $225,700 $2,564

Property facts

Year built
1996
Property type
single_family
Stories
3
Beds
3
Baths
2
Living area
1,896 sqft
Lot size
6,011 sqft
ZIP code
55024
City
Farmington
Street
Walnut St
Coordinates
44.63687, -93.13327

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
$2,844
Gross rental yield
9.61%
Implied cap rate
6.25%
Trend-extrapolated value

Frequently asked questions

When did 1003 Walnut St last sell?
1003 Walnut St most recently sold on Sep 15, 2022 for $355,000.
What is the current tax assessment for 1003 Walnut St?
The most recent total assessment for 1003 Walnut St (year 2025) is $310,752 with $3,880 in property tax.
How does 1003 Walnut St's assessment compare to its last sale price?
The current assessment is 12.5% below the last sale price of $355,000.
When was 1003 Walnut St built?
1003 Walnut St was built in 1996.
How does 1003 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 1003 Walnut St?
1003 Walnut St is a 3 bed, 2 bath, 1,896 sqft, 6,011 sqft lot single_family.
Is 1003 Walnut St a flip candidate?
No — 1003 Walnut St does not appear in our flips dataset.
Is 1003 Walnut St a tax-appeal candidate?
No — 1003 Walnut 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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