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  • $319,000

    505 4th St, Farmington, MN 55024

    2beds
    1,519sqft
    (TH) Side x Side
    Built in 2002
    1,960 Square Feet Lot
    $318,900 Zestimate®
    $210/sqft
    $2,009 Estimated rent

    Home value

    $318,900

    $300,000 - $338,000

    $2,009/mo

    Zestimate® history
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    What's special

    Welcome home to easy living in one of Farmington’s most sought-after 55+ communities! This beautifully maintained single-level townhome offers the perfect blend of comfort, convenience, and natural light — all just steps away from charming downtown Farmington. Featuring 2 bedrooms, 2 bathrooms, and an inviting open layout, this home was thoughtfully designed for effortless living. The spacious kitchen provides abundant cabinetry and prep space, while the separate dining area creates the perfect setting for gatherings with family and friends. Retreat to the expansive primary suite, offering comfort, privacy, and plenty of room to unwind. The bright and airy sunroom is sure to become your favorite spot in the home, enhanced by multiple skylights throughout that fill the space with beautiful natural sunlight. Additional highlights include supplemental in-floor heat, attic storage for all your extras, and wonderful built-in side cabinet storage in the garage to keep everything organized. If you’ve been searching for low-maintenance living in a welcoming community close to shopping, dining, and everyday conveniences — this is one you won’t want to miss!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sheila Hanson 612-239-3102,

    Keller Williams Integrity NW

    Bought with:

    Ann Drewiske

    Kris Lindahl Real Estate

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7070377MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 14x15
    Bedroom 2
    • Level: Main
    • Area: 140 Square Feet
    • Dimensions: 14x10
    Dining room
    • Level: Main
    • Area: 176 Square Feet
    • Dimensions: 11x16
    Kitchen
    • Level: Main
    • Area: 272 Square Feet
    • Dimensions: 17x16
    Living room
    • Level: Main
    • Area: 256 Square Feet
    • Dimensions: 16x16
    Sitting room
    • Level: Main
    • Area: 160 Square Feet
    • Dimensions: 10x16
    Utility room
    • Level: Main
    • Area: 77 Square Feet
    • Dimensions: 7x11
    Heating
    • Forced Air, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    • Laundry: Electric Dryer Hookup, Main Level, Sink, In Unit, Washer Hookup
    Features
    • Basement: None
    • Has fireplace: No
    Interior area
    • Total structure area: 1,519
    • Total interior livable area: 1,519 sqft
    • Finished area above ground: 1,519
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Electric, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Doors 36"+, Hallways 42"+, No Stairs Internal, Solar Tube(s)
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 1,960 Square Feet
    • Dimensions: 20 x 74 x 32 x 40 x 12 x 34
    Details
    • Foundation area: 1519
    • Parcel number: 146527501030
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: (TH) Side x Side
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Electric, Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Security: Security Lights
    • Subdivision: St Michaels Place
    HOA
    • Has HOA: Yes
    • Amenities included: Common Garden, Patio, Security Lighting
    • Services included: Maintenance Structure, Lawn Care, Maintenance Grounds, Professional Mgmt, Snow Removal
    • HOA fee: $400 monthly
    • HOA name: Reis Property Partners
    • HOA phone: 651-488-7470
    Location
    • Region: Farmington

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $281,300
    • Annual tax amount: $3,160
    • Date on market: 5/28/2026
    • Cumulative days on market: 88 days

    Price history

    DateEventPrice
    9/18/2026Sold$319,000$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7070377 Report a problem
    8/26/2026Pending sale$319,000$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7070377 Report a problem
    8/6/2026Price change$319,000-1.8%$210/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7070377 Report a problem
    6/15/2026Price change$324,900-1.5%$214/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7070377 Report a problem
    5/30/2026Listed for sale$330,000+60.6%$217/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7070377 Report a problem
    3/10/2003Sold$205,500$135/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,670 +16.1%$281,300 +2.7%
    2024$3,160 +3.8%$274,000 +4.8%
    2023$3,044 +8.5%$261,500 +7.1%
    2022$2,806 -8.1%$244,200 +6.9%
    2021$3,054 -1.6%$228,500 +7%
    2020$3,104 +2%$213,569 -2.1%
    2019$3,042 $218,200 +8.8%
    2018$3,042 +8.2%$200,500 +6.5%
    2017$2,812 +4.3%$188,300 +5%
    2016$2,696 +2.9%$179,300 +20.8%
    2015$2,621 +3.2%$148,387 +9.4%
    2014$2,538 +15.7%$135,634 +16.8%
    2013$2,194 -1.8%$116,123
    2012$2,234 -0.7%--
    2011$2,250 -11.5%--
    2010$2,542 -2.6%--
    2009$2,610 +0.8%--
    2008$2,589 +13.2%--
    2007$2,288 +1.6%--
    2006$2,252 +125.2%--
    2004$1,000 --
    Find assessor info on the county website

    Neighborhood: 55024

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $318,900
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    Estimated market value
    $318,900