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Multi-Family Dwellings (Generic, Any Combination)Residential
Last sold for $63,000 on Mar 3, 2022

407 1ST ST

FARMINGTON, MN 55024
4
Beds
2
Baths
1,323 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.22 ac
Lot SizeThe size of the land the home sits on, from county records.
1910
Year BuiltThe year the home was originally built, according to county records.

Valuation

Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$63,000 · Mar 3, 2022

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$750 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$45,100 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$45,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$44,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$45,100

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Multi-Family Dwellings (Generic, Any Combination)
CountyDAKOTA
Lot (acres)The size of the land the home sits on, from county records.0.22
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(3)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Boeckman Middle SchoolC+
Middle · Grades 6–8 · 0.5 mi
E
Riverview Elementary SchoolB
Elementary · Grades KG–5 · 0.6 mi
H
Farmington High SchoolC
High · Grades 9–12 · 2.9 mi

District: Farmington Area Public Schools

Neighborhood · ZIP 55024These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.51
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.78
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.14

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.98%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.38,340
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.439 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$117,017
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$132,927
Average tempThe average temperature here across a full year.45°F
Annual precipHow much rain and melted snow falls here in a typical year.32 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

407 1st St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Smaller than 90% of homes in Farmington 55024
  • Has a smaller lot than 71% of homes in Farmington 55024
  • Among the oldest homes in Dakota County

How it measures up in Farmington 55024

The dot is this home. The mark in the middle is the typical home in Farmington 55024.

Living area1,323 ft²
SmallerTypical 1,940 ft²Bigger

Bigger than 10% of homes nearby

Lot size0.22 ac
SmallerTypical 0.26 acBigger

Bigger than 29% of homes nearby

Year built1910
OlderTypical 1999Newer

Newer than 2% of homes nearby

How 407 1st St ranks against every home in each area.
MeasureThis homeFarmington 55024Dakota County
Living areabigger than1,323 ft²10% of homes14% of homes
Lot sizebigger than0.22 ac29% of homes33% of homes
Year builtnewer than19102% of homesalmost no homes

About 407 1st St

When did 407 1st St, Farmington, MN last sell?

407 1st St, Farmington, MN last sold on Mar 3, 2022 for $63,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 407 1st St, Farmington, MN?

407 1st St, Farmington, MN has 4 bedrooms, 2 bathrooms, 1,323 square feet of living space and a 0.22-acre lot.

When was 407 1st St, Farmington, MN built?

407 1st St, Farmington, MN was built in 1910, making it 116 years old.

What schools serve 407 1st St, Farmington, MN?

407 1st St, Farmington, MN is assigned to Boeckman Middle School (middle), rated C+; Riverview Elementary School (elementary), rated B; Farmington High School (high), rated C. All sit in Farmington Area Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 407 1st St, Farmington, MN compare to other homes in Farmington 55024?

Among the 13,084 homes in Farmington 55024, it is bigger than 10% of them (1,323 ft² against a typical 1,940 ft²), its lot is bigger than 29% of them (0.22 ac against a typical 0.26 ac) and it is newer than 2% of them (1910 against a typical 1999). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 407 1st St, Farmington, MN?

The 2025 property tax bill for 407 1st St, Farmington, MN was $750. The county assessed it at $45,100.

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