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713 Farmers Way

Belle Plaine, MN 56011

5 bd 3 ba 2,445 sqft Built 2004 Lot 8,276 sqft single_family
Most recent sale
$375,000
Nov 22, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 22, 2023 Sold $375,000 NorthstarMLS
Oct 14, 2023 Price changed $379,900 NorthstarMLS
Sep 3, 2023 Price changed $389,900 NorthstarMLS
Aug 22, 2023 Listing removed NorthstarMLS
Aug 21, 2023 Listed $409,900 NorthstarMLS
Aug 4, 2023 Price changed $424,900 NorthstarMLS
Jul 14, 2023 Listed $439,900 NorthstarMLS
Nov 23, 2017 Sold $249,900 NorthstarMLS
Oct 17, 2017 Listed $249,900 NorthstarMLS
Sep 20, 2017 Sold $170,000 Public Record
Jul 5, 2005 Sold $253,200 Public Record
Sep 29, 2004 Sold $54,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $255,861 $4,188
2021 $239,000 $3,788
2020 $235,478 $3,780
2019 $220,400 $3,486
2018 $198,100 $3,440
2017 $185,400 $3,220
2016 $165,300 $2,980
2015 $162,000 $2,954
2014 $148,500 $2,850
2013 $153,600 $2,932
2012 $158,600 $2,848
2011 $149,700 $30,000 $179,700 $2,570

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,445 sqft
Lot size
8,276 sqft
ZIP code
56011
City
Belle Plaine
Street
Farmers Way
Coordinates
44.61176, -93.74291

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
$3,668
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 713 Farmers Way last sell?
713 Farmers Way most recently sold on Nov 22, 2023 for $375,000.
What is the current tax assessment for 713 Farmers Way?
The most recent total assessment for 713 Farmers Way (year 2022) is $255,861 with $4,188 in property tax.
How does 713 Farmers Way's assessment compare to its last sale price?
The current assessment is 31.8% below the last sale price of $375,000.
When was 713 Farmers Way built?
713 Farmers Way was built in 2004.
How does 713 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 713 Farmers Way?
713 Farmers Way is a 5 bed, 3 bath, 2,445 sqft, 8,276 sqft lot single_family.
Is 713 Farmers Way a flip candidate?
No — 713 Farmers Way does not appear in our flips dataset.
Is 713 Farmers Way a tax-appeal candidate?
No — 713 Farmers Way 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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