1306 Forest Ln
Faribault, MN 55021
5 bd 5 ba 4,159 sqft Built 2002 Lot 21,780 sqft single_family
Most recent sale
$511,500
Mar 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 7, 2022 | Sold | $511,500 | MLS #6150324 |
| Feb 8, 2022 | Listed | $475,000 | MLS #6150324 |
| Jul 18, 2002 | Sold | $55,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $416,800 | $101,600 | $518,400 | $6,410 |
| 2023 | $376,500 | $95,200 | $471,700 | $5,732 |
| 2022 | $334,500 | $79,800 | $414,300 | $5,750 |
| 2021 | $331,100 | $84,000 | $415,100 | $5,442 |
| 2020 | $326,800 | $90,400 | $417,200 | $5,364 |
| 2019 | — | — | $393,900 | $5,144 |
| 2018 | — | — | $377,200 | $5,064 |
| 2017 | — | — | $364,300 | $5,062 |
| 2016 | — | — | $350,500 | $4,974 |
| 2015 | — | — | $345,200 | $4,666 |
| 2014 | — | — | $310,600 | $4,632 |
| 2013 | — | — | $310,600 | $4,310 |
| 2012 | — | — | $328,900 | $4,032 |
| 2011 | — | — | $371,800 | $4,022 |
| 2010 | — | — | $371,800 | $4,072 |
| 2009 | — | — | $419,000 | $4,028 |
| 2006 | — | — | $406,400 | $4,016 |
| 2005 | — | — | $373,600 | $3,320 |
Property facts
Year built
2002
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,159 sqft
Lot size
21,780 sqft
ZIP code
55021
City
Faribault
Street
Forest Ln
Coordinates
44.31795, -93.28734
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,069
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1306 Forest Ln last sell?
1306 Forest Ln most recently sold on Mar 7, 2022 for $511,500.
What is the current tax assessment for 1306 Forest Ln?
The most recent total assessment for 1306 Forest Ln (year 2025) is $518,400 with $6,410 in property tax.
How does 1306 Forest Ln's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $511,500.
When was 1306 Forest Ln built?
1306 Forest Ln was built in 2002.
How does 1306 Forest Ln compare to others on Forest Ln?
We track 4 other properties on Forest Ln. Browse the list under "Other properties on Forest Ln" to compare beds, baths, and sale history.
What are the property facts for 1306 Forest Ln?
1306 Forest Ln is a 5 bed, 5 bath, 4,159 sqft, 21,780 sqft lot single_family.
Is 1306 Forest Ln a flip candidate?
No — 1306 Forest Ln does not appear in our flips dataset.
Is 1306 Forest Ln a tax-appeal candidate?
No — 1306 Forest Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Forest Ln