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18223 Empire Trl

Farmington, MN 55024

3 bd 2 ba 1,621 sqft Built 1985 Lot 6,600 sqft single_family
Most recent sale
$305,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 28, 2022 Sold $305,000 Public Record
Aug 19, 2022 Sold $305,000 MLS #6215156
Jul 6, 2022 Price changed $305,000 MLS #6215156
Jun 7, 2022 Listed $320,000 MLS #6215156
Jul 26, 2017 Sold $219,000 MLS #4839890
Jun 8, 2017 Listed $225,000 MLS #4839890
May 21, 2015 Sold $168,500 Public Record
Feb 23, 2015 Sold $164,900 MLS #4548327
Dec 8, 2014 Listed $164,900 MLS #4548327
Dec 2, 2014 Listing removed $169,900 NorthstarMLS
Nov 8, 2014 Listed $169,900 MLS #4543437
Nov 3, 2014 Listing removed $174,900 NorthstarMLS
Sep 13, 2014 Price changed $174,900 MLS #4488856
Jul 30, 2014 Price changed $182,500 MLS #4488856
Jun 17, 2014 Price changed $188,900 MLS #4488856
Jun 4, 2014 Listed $197,500 MLS #4488856
Apr 10, 1997 Sold $103,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $208,552 $64,922 $273,474 $3,422
2023 $221,696 $67,301 $288,997 $3,526
2022 $172,441 $56,824 $229,265 $3,300
2021 $172,421 $54,010 $226,431 $3,286
2020 $172,421 $54,010 $226,431 $3,226
2019 $161,995 $51,029 $213,024 $3,048
2018 $148,952 $47,940 $196,892 $2,890
2017 $135,438 $44,995 $180,433 $2,703
2016 $121,247 $42,073 $163,320 $2,518
2015 $107,346 $39,842 $147,188 $2,173
2014 $97,886 $36,440 $134,326 $2,011
2013 $83,718 $31,642 $115,360 $2,070
2012 $82,569 $30,502 $113,071 $2,130
2011 $89,579 $32,757 $122,336 $2,204
2009 $141,100 $53,900 $195,000 $2,514
2008 $141,100 $53,900 $195,000 $2,502
2007 $145,900 $53,900 $199,800 $2,227

Property facts

Year built
1985
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,621 sqft
Lot size
6,600 sqft
ZIP code
55024
City
Farmington
Street
Empire Trl
Coordinates
44.68516, -93.17379

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,432
Gross rental yield
9.57%
Implied cap rate
6.22%
Trend-extrapolated value

Frequently asked questions

When did 18223 Empire Trl last sell?
18223 Empire Trl most recently sold on Aug 19, 2022 for $305,000.
What is the current tax assessment for 18223 Empire Trl?
The most recent total assessment for 18223 Empire Trl (year 2025) is $273,474 with $3,422 in property tax.
How does 18223 Empire Trl's assessment compare to its last sale price?
The current assessment is 10.3% below the last sale price of $305,000.
When was 18223 Empire Trl built?
18223 Empire Trl was built in 1985.
How does 18223 Empire Trl compare to others on Empire Trl?
We track 6 other properties on Empire Trl. Browse the list under "Other properties on Empire Trl" to compare beds, baths, and sale history.
What are the property facts for 18223 Empire Trl?
18223 Empire Trl is a 3 bed, 2 bath, 1,621 sqft, 6,600 sqft lot single_family.
Is 18223 Empire Trl a flip candidate?
No — 18223 Empire Trl does not appear in our flips dataset.
Is 18223 Empire Trl a tax-appeal candidate?
No — 18223 Empire Trl 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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