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1197 First St

Taylors Falls, MN 55084

3 bd 1 ba 1,010 sqft Built 1991 Lot 40,946 sqft single_family
Most recent sale
$255,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $255,000 MLS #6175016
Apr 6, 2022 Listed $229,900 MLS #6175016
Apr 29, 2013 Listing removed $155,000 NorthstarMLS
Jun 23, 2006 Sold $158,000 Public Record
Jul 15, 2004 Listed $155,000 MLS #2300645

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,700 $21,800 $87,500 $1,194
2023 $49,700 $15,600 $65,300 $864
2022 $23,300 $7,300 $30,600 $490
2021 $17,900 $5,900 $23,800 $392
2020 $17,900 $5,900 $23,800 $2,436
2019 $107,500 $33,500 $141,000 $2,270
2018 $93,900 $32,700 $126,600 $2,204
2017 $84,300 $35,100 $119,400 $2,034
2016 $76,300 $34,400 $110,700 $1,984
2015 $75,400 $29,400 $104,800 $1,962
2014 $74,500 $24,400 $98,900 $1,848
2013 $70,600 $19,400 $90,000 $2,350
2012 $91,700 $28,500 $120,200 $1,920
2011 $98,700 $2,046
2010 $136,900 $2,094
2009 $114,700 $43,300 $158,000 $2,436
2008 $96,400 $68,000 $164,400 $2,484
2007 $95,500 $60,000 $155,500 $2,482

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,010 sqft
Lot size
40,946 sqft
ZIP code
55084
City
Taylors Falls
Street
First St
Coordinates
45.39781, -92.67724

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,515
Gross rental yield
7.13%
Implied cap rate
4.63%
Trend-extrapolated value

Frequently asked questions

When did 1197 First St last sell?
1197 First St most recently sold on May 10, 2022 for $255,000.
What is the current tax assessment for 1197 First St?
The most recent total assessment for 1197 First St (year 2025) is $87,500 with $1,194 in property tax.
How does 1197 First St's assessment compare to its last sale price?
The current assessment is 65.7% below the last sale price of $255,000.
When was 1197 First St built?
1197 First St was built in 1991.
How does 1197 First St compare to others on First St?
We track 8 other properties on First St. Browse the list under "Other properties on First St" to compare beds, baths, and sale history.
What are the property facts for 1197 First St?
1197 First St is a 3 bed, 1 bath, 1,010 sqft, 40,946 sqft lot single_family.
Is 1197 First St a flip candidate?
No — 1197 First St does not appear in our flips dataset.
Is 1197 First St a tax-appeal candidate?
No — 1197 First 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
-0.3%
Implied 1-yr
-1.3%
2025 Q3
$341.7K
2025 Q4
$341.7K
ZIP 55084 — Median Price History + Forecast

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