705 Farmers Way
Belle Plaine, MN 56011
4 bd 3 ba 2,076 sqft Built 2004 Lot 8,276 sqft single_family
Most recent sale
$347,000
Jun 10, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 10, 2022 | Sold | $347,000 | MLS #6181920 |
| Apr 29, 2022 | Relisted | $345,000 | MLS #6181920 |
| Apr 20, 2022 | Listed | $345,000 | MLS #6181920 |
| May 8, 2020 | Sold | $280,000 | MLS #5500574 |
| Mar 7, 2020 | Listed | $279,900 | MLS #5500574 |
| Feb 9, 2005 | Sold | $210,400 | Public Record |
| Oct 10, 2003 | Sold | $207,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $305,520 | $4,734 |
| 2024 | — | — | $286,381 | $4,338 |
| 2023 | — | — | $286,400 | $4,104 |
| 2022 | — | — | $230,464 | $3,778 |
| 2021 | — | — | $193,200 | $3,070 |
| 2020 | — | — | $187,736 | $3,022 |
| 2019 | — | — | $174,100 | $2,762 |
| 2018 | — | — | $165,800 | $2,888 |
| 2017 | — | — | $155,100 | $2,702 |
| 2016 | — | — | $166,200 | $2,996 |
| 2015 | — | — | $162,900 | $2,970 |
| 2014 | — | — | $149,400 | $2,866 |
| 2013 | — | — | $150,200 | $2,868 |
| 2012 | — | — | $142,100 | $2,556 |
| 2011 | $134,500 | $30,000 | $164,500 | $2,322 |
| 2010 | $134,500 | $30,000 | $164,500 | $2,394 |
Property facts
Year built
2004
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,076 sqft
Lot size
8,276 sqft
ZIP code
56011
City
Belle Plaine
Street
Farmers Way
Coordinates
44.61214, -93.74288
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,114
Gross rental yield
10.77%
Implied cap rate
7.00%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Farmers Way last sell?
705 Farmers Way most recently sold on Jun 10, 2022 for $347,000.
What is the current tax assessment for 705 Farmers Way?
The most recent total assessment for 705 Farmers Way (year 2025) is $305,520 with $4,734 in property tax.
How does 705 Farmers Way's assessment compare to its last sale price?
The current assessment is 12.0% below the last sale price of $347,000.
When was 705 Farmers Way built?
705 Farmers Way was built in 2004.
How does 705 Farmers Way compare to others on Farmers Way?
We track 8 other properties on Farmers Way. Browse the list under "Other properties on Farmers Way" to compare beds, baths, and sale history.
What are the property facts for 705 Farmers Way?
705 Farmers Way is a 4 bed, 3 bath, 2,076 sqft, 8,276 sqft lot single_family.
Is 705 Farmers Way a flip candidate?
No — 705 Farmers Way does not appear in our flips dataset.
Is 705 Farmers Way a tax-appeal candidate?
No — 705 Farmers Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.4%
Implied 1-yr
-1.7%
2026 Q3
$360.5K
2026 Q4
$358.9K
ZIP 56011 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farmers Way