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968 Farmers Ridge Trl

Belle Plaine, MN 56011

4 bd 3 ba 2,118 sqft Built 2006 Lot 11,761 sqft single_family
Most recent sale
$360,000
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $360,000 NorthstarMLS
Mar 14, 2024 Price changed $360,000 NorthstarMLS
Mar 7, 2024 Listed $375,000 NorthstarMLS
Jun 19, 2007 Sold $212,000 Public Record
Jan 5, 2006 Sold $299,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $242,672 $3,974
2021 $232,900 $3,692
2020 $227,521 $3,654
2019 $220,000 $3,480
2018 $193,300 $3,358
2017 $181,000 $3,144
2016 $174,000 $3,134
2015 $170,700 $3,110
2014 $156,600 $3,002
2013 $145,200 $2,774
2012 $142,100 $2,556
2011 $134,500 $30,000 $164,500 $2,322

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,118 sqft
Lot size
11,761 sqft
ZIP code
56011
City
Belle Plaine
Street
Farmers Ridge Trl
Coordinates
44.60565, -93.74001

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
$3,177
Gross rental yield
10.59%
Implied cap rate
6.88%
Trend-extrapolated value

Frequently asked questions

When did 968 Farmers Ridge Trl last sell?
968 Farmers Ridge Trl most recently sold on Apr 9, 2024 for $360,000.
What is the current tax assessment for 968 Farmers Ridge Trl?
The most recent total assessment for 968 Farmers Ridge Trl (year 2022) is $242,672 with $3,974 in property tax.
How does 968 Farmers Ridge Trl's assessment compare to its last sale price?
The current assessment is 32.6% below the last sale price of $360,000.
When was 968 Farmers Ridge Trl built?
968 Farmers Ridge Trl was built in 2006.
How does 968 Farmers Ridge Trl compare to others on Farmers Ridge Trl?
We track 8 other properties on Farmers Ridge Trl. Browse the list under "Other properties on Farmers Ridge Trl" to compare beds, baths, and sale history.
What are the property facts for 968 Farmers Ridge Trl?
968 Farmers Ridge Trl is a 4 bed, 3 bath, 2,118 sqft, 11,761 sqft lot single_family.
Is 968 Farmers Ridge Trl a flip candidate?
No — 968 Farmers Ridge Trl does not appear in our flips dataset.
Is 968 Farmers Ridge Trl a tax-appeal candidate?
No — 968 Farmers Ridge Trl 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
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$360.5K
2026 Q4
$358.9K
ZIP 56011 — Median Price History + Forecast

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