23 Walnut St
Farmington, MN 55024
4 bd 2 ba 2,074 sqft Built 1974 Lot 12,632 sqft single_family
Most recent sale
$323,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $323,000 | MLS #6242759 |
| Aug 8, 2022 | Listed | $299,900 | MLS #6242759 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $246,918 | $52,062 | $298,980 | $3,734 |
| 2023 | $249,892 | $53,493 | $303,385 | $3,698 |
| 2022 | $219,677 | $45,885 | $265,562 | $3,814 |
| 2021 | $201,168 | $48,371 | $249,539 | $3,616 |
| 2020 | $201,168 | $48,371 | $249,539 | $3,346 |
| 2019 | $175,753 | $45,337 | $221,090 | $3,174 |
| 2018 | $162,462 | $42,714 | $205,176 | $2,999 |
| 2017 | $147,294 | $40,006 | $187,300 | $2,934 |
| 2016 | $139,845 | $37,754 | $177,599 | $2,473 |
| 2015 | $109,366 | $35,097 | $144,463 | $2,070 |
| 2014 | $95,966 | $31,820 | $127,786 | $1,875 |
| 2013 | $81,596 | $27,551 | $109,147 | $2,232 |
| 2012 | $96,497 | $27,583 | $124,080 | $2,290 |
| 2011 | $104,383 | $29,507 | $133,890 | $2,332 |
| 2009 | $155,600 | $47,700 | $203,300 | $2,596 |
| 2008 | $155,600 | $47,700 | $203,300 | $2,582 |
| 2007 | $160,500 | $47,700 | $208,200 | $2,337 |
Property facts
Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,074 sqft
Lot size
12,632 sqft
ZIP code
55024
City
Farmington
Street
Walnut St
Coordinates
44.63724, -93.14961
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,111
Gross rental yield
11.56%
Implied cap rate
7.51%
Trend-extrapolated value
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Frequently asked questions
When did 23 Walnut St last sell?
23 Walnut St most recently sold on Sep 23, 2022 for $323,000.
What is the current tax assessment for 23 Walnut St?
The most recent total assessment for 23 Walnut St (year 2025) is $298,980 with $3,734 in property tax.
How does 23 Walnut St's assessment compare to its last sale price?
The current assessment is 7.4% below the last sale price of $323,000.
When was 23 Walnut St built?
23 Walnut St was built in 1974.
How does 23 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 23 Walnut St?
23 Walnut St is a 4 bed, 2 bath, 2,074 sqft, 12,632 sqft lot single_family.
Is 23 Walnut St a flip candidate?
No — 23 Walnut St does not appear in our flips dataset.
Is 23 Walnut St a tax-appeal candidate?
No — 23 Walnut 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 Walnut St