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53 Arbor Ln

Farmington, MN 55024

3 bd 2 ba 1,272 sqft Built 2006 Lot 1,350 sqft townhomes
Most recent sale
$220,000
Mar 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2022 Sold $220,000 MLS #6132932
Jan 4, 2022 Price changed $229,900 MLS #6132932
Dec 6, 2021 Listed $234,900 MLS #6132932
Sep 16, 2015 Sold $127,000 MLS #4564174
May 1, 2015 Sold $127,000 Public Record
Feb 18, 2015 Listed $129,900 MLS #4564174
Nov 9, 2011 Sold $60,000 MLS #4092574
Oct 4, 2011 Listed $69,900 MLS #4092574
Oct 26, 2006 Sold $198,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $138,039 $40,823 $178,862 $2,262
2023 $138,528 $41,360 $179,888 $2,416
2022 $126,100 $39,800 $165,900 $2,618
2021 $121,900 $37,900 $159,800 $2,300
2020 $121,900 $37,900 $159,800 $2,480
2019 $124,200 $41,200 $165,400 $2,826
2018 $111,900 $38,200 $150,100 $2,163
2017 $101,400 $35,300 $136,700 $2,055
2016 $92,200 $33,700 $125,900 $2,041
2015 $89,200 $32,100 $121,300 $1,710
2014 $77,700 $29,300 $107,000 $1,605
2013 $68,800 $26,000 $94,800 $1,649
2012 $67,200 $26,000 $93,200 $1,435
2011 $62,171 $20,598 $82,769 $1,591
2009 $143,800 $37,700 $181,500 $2,278
2008 $143,800 $37,700 $181,500 $2,297
2007 $11,200 $11,200 $90

Property facts

Year built
2006
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,272 sqft
Lot size
1,350 sqft
ZIP code
55024
City
Farmington
Street
Arbor Ln
Coordinates
44.64203, -93.12772

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,908
Gross rental yield
10.41%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 53 Arbor Ln last sell?
53 Arbor Ln most recently sold on Mar 4, 2022 for $220,000.
What is the current tax assessment for 53 Arbor Ln?
The most recent total assessment for 53 Arbor Ln (year 2025) is $178,862 with $2,262 in property tax.
How does 53 Arbor Ln's assessment compare to its last sale price?
The current assessment is 18.7% below the last sale price of $220,000.
When was 53 Arbor Ln built?
53 Arbor Ln was built in 2006.
How does 53 Arbor Ln compare to others on Arbor Ln?
We track 6 other properties on Arbor Ln. Browse the list under "Other properties on Arbor Ln" to compare beds, baths, and sale history.
What are the property facts for 53 Arbor Ln?
53 Arbor Ln is a 3 bed, 2 bath, 1,272 sqft, 1,350 sqft lot townhomes.
Is 53 Arbor Ln a flip candidate?
No — 53 Arbor Ln does not appear in our flips dataset.
Is 53 Arbor Ln a tax-appeal candidate?
No — 53 Arbor 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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