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20573 Abbey Ln

Farmington, MN 55024

2 bd 2 ba 1,164 sqft Built 2004 townhomes
Most recent sale
$212,000
Oct 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 26, 2022 Sold $212,000 MLS #6265196
Sep 26, 2022 Listed $217,000 MLS #6265196
Jul 17, 2018 Sold $156,000 MLS #4955395
May 30, 2018 Price changed $150,000 MLS #4955395
May 18, 2018 Listed $159,900 MLS #4955395
Aug 18, 2004 Sold $154,612 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,989 $39,404 $174,393 $2,206
2023 $136,754 $39,973 $176,727 $2,180
2022 $124,900 $38,600 $163,500 $2,334
2021 $115,200 $36,700 $151,900 $2,186
2020 $115,200 $36,700 $151,900 $2,152
2019 $108,600 $34,900 $143,500 $1,972
2018 $96,500 $32,300 $128,800 $1,804
2017 $84,100 $29,900 $114,000 $1,692
2016 $75,200 $28,500 $103,700 $1,612
2015 $68,600 $27,200 $95,800 $1,301
2014 $56,600 $24,800 $81,400 $1,337
2013 $56,900 $22,100 $79,000 $1,492
2012 $62,200 $22,100 $84,300 $1,189
2011 $51,710 $16,344 $68,054 $1,459
2009 $105,400 $31,900 $137,300 $1,632
2008 $105,400 $31,900 $137,300 $1,656
2007 $111,100 $31,900 $143,000 $1,488

Property facts

Year built
2004
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,164 sqft
Lot size
ZIP code
55024
City
Farmington
Street
Abbey Ln
Coordinates
44.65188, -93.17112

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
$1,746
Gross rental yield
9.88%
Implied cap rate
6.42%
Trend-extrapolated value

Frequently asked questions

When did 20573 Abbey Ln last sell?
20573 Abbey Ln most recently sold on Oct 26, 2022 for $212,000.
What is the current tax assessment for 20573 Abbey Ln?
The most recent total assessment for 20573 Abbey Ln (year 2025) is $174,393 with $2,206 in property tax.
How does 20573 Abbey Ln's assessment compare to its last sale price?
The current assessment is 17.7% below the last sale price of $212,000.
When was 20573 Abbey Ln built?
20573 Abbey Ln was built in 2004.
How does 20573 Abbey Ln compare to others on Abbey Ln?
We track 8 other properties on Abbey Ln. Browse the list under "Other properties on Abbey Ln" to compare beds, baths, and sale history.
What are the property facts for 20573 Abbey Ln?
20573 Abbey Ln is a 2 bed, 2 bath, 1,164 sqft townhomes.
Is 20573 Abbey Ln a flip candidate?
No — 20573 Abbey Ln does not appear in our flips dataset.
Is 20573 Abbey Ln a tax-appeal candidate?
No — 20573 Abbey Ln 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
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast

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