1501 Farm Rd
Chanhassen, MN 55318
4 bd 4 ba 5,488 sqft Built 1996 Lot 219,978 sqft single_family
Most recent sale
$1,399,000
Sep 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 2, 2022 | Sold | $1,399,000 | MLS #6219568 |
| Aug 3, 2022 | Relisted | $1,400,000 | MLS #6219568 |
| Jul 15, 2022 | Listed | $1,400,000 | MLS #6219568 |
| Aug 25, 2010 | Sold | $694,000 | MLS #3891797 |
| Mar 8, 2010 | Listed | $750,000 | MLS #3891797 |
| Sep 21, 2009 | Listed | $775,000 | MLS #3838134 |
| Aug 5, 2009 | Price changed | $825,000 | MLS #3686577 |
| May 15, 2009 | Listed | $850,000 | MLS #3686577 |
| Sep 17, 2001 | Sold | $525,000 | Public Record |
| Nov 19, 1993 | Sold | $95,000 | Public Record |
| Jul 9, 1990 | Sold | $78,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $842,800 | $315,000 | $1,157,800 | $13,184 |
| 2023 | $646,900 | $281,800 | $928,700 | $10,220 |
| 2022 | $564,400 | $234,900 | $799,300 | $9,902 |
| 2021 | $559,400 | $234,900 | $794,300 | $9,610 |
| 2020 | $559,400 | $234,900 | $794,300 | $10,040 |
| 2019 | $574,400 | $234,900 | $809,300 | $9,880 |
| 2018 | $543,600 | $223,700 | $767,300 | $9,676 |
| 2017 | $510,200 | $223,700 | $733,900 | $10,636 |
| 2016 | $538,000 | $223,700 | $761,700 | $10,548 |
| 2015 | $518,200 | $215,500 | $733,700 | $10,520 |
| 2014 | $538,000 | $213,700 | $751,700 | $10,712 |
| 2013 | $495,800 | $199,500 | $695,300 | $10,712 |
| 2012 | — | — | $671,200 | $10,430 |
| 2011 | $470,900 | $206,100 | $677,000 | $10,374 |
| 2010 | $498,600 | $213,700 | $712,300 | $9,664 |
| 2009 | $497,100 | $221,900 | $719,000 | $9,896 |
| 2008 | $528,200 | $221,900 | $750,100 | $9,544 |
| 2007 | $475,100 | $224,400 | $699,500 | $9,358 |
Property facts
Year built
1996
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
5,488 sqft
Lot size
219,978 sqft
ZIP code
55318
City
Chanhassen
Street
Farm Rd
Coordinates
44.81605, -93.56012
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$8,232
Gross rental yield
7.06%
Implied cap rate
4.59%
Trend-extrapolated value
—
Frequently asked questions
When did 1501 Farm Rd last sell?
1501 Farm Rd most recently sold on Sep 2, 2022 for $1,399,000.
What is the current tax assessment for 1501 Farm Rd?
The most recent total assessment for 1501 Farm Rd (year 2025) is $1,157,800 with $13,184 in property tax.
How does 1501 Farm Rd's assessment compare to its last sale price?
The current assessment is 17.2% below the last sale price of $1,399,000.
When was 1501 Farm Rd built?
1501 Farm Rd was built in 1996.
How does 1501 Farm Rd compare to others on Farm Rd?
We track 4 other properties on Farm Rd. Browse the list under "Other properties on Farm Rd" to compare beds, baths, and sale history.
What are the property facts for 1501 Farm Rd?
1501 Farm Rd is a 4 bed, 4 bath, 5,488 sqft, 219,978 sqft lot single_family.
Is 1501 Farm Rd a flip candidate?
No — 1501 Farm Rd does not appear in our flips dataset.
Is 1501 Farm Rd a tax-appeal candidate?
No — 1501 Farm Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.4%
Implied 1-yr
+29.7%
2026 Q3
$967.4K
2026 Q4
$1.01M
ZIP 55318 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farm Rd