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18553 Explorer Way

Farmington, MN 55024

5 bd 4 ba 3,652 sqft Built 1997 Lot 23,087 sqft single_family
Most recent sale
$36,900
Feb 6, 1997

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Price changed $475,000 MLS #6231998
Aug 25, 2022 Price changed $499,900 MLS #6231998
Aug 4, 2022 Relisted $524,900 MLS #6231998
Jul 8, 2022 Listed $524,900 MLS #6231998
Feb 6, 1997 Sold $36,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $441,700 $98,600 $540,300 $6,806
2023 $408,400 $91,800 $500,200 $6,070
2022 $338,000 $79,800 $417,800 $5,964
2021 $322,352 $75,754 $398,106 $5,732
2020 $322,352 $75,754 $398,106 $5,580
2019 $299,891 $71,728 $371,619 $5,312
2018 $278,423 $67,908 $346,331 $5,288
2017 $268,943 $64,417 $333,360 $5,366
2016 $266,840 $61,179 $328,019 $5,288
2015 $254,569 $58,844 $313,413 $5,009
2014 $257,921 $54,838 $312,759 $4,838
2013 $234,582 $48,747 $283,329 $4,681
2012 $214,989 $46,758 $261,747 $4,788
2011 $231,484 $49,665 $281,149 $4,454
2009 $286,300 $71,000 $357,300 $4,885
2008 $286,300 $71,000 $357,300 $4,910
2007 $298,600 $71,000 $369,600 $4,437

Property facts

Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,652 sqft
Lot size
23,087 sqft
ZIP code
55024
City
Farmington
Street
Explorer Way
Coordinates
44.68118, -93.18665

Comparable properties nearby

Frequently asked questions

When did 18553 Explorer Way last sell?
18553 Explorer Way most recently sold on Feb 6, 1997 for $36,900.
What is the current tax assessment for 18553 Explorer Way?
The most recent total assessment for 18553 Explorer Way (year 2025) is $540,300 with $6,806 in property tax.
How does 18553 Explorer Way's assessment compare to its last sale price?
The current assessment is 1,364.2% above the last sale price of $36,900.
When was 18553 Explorer Way built?
18553 Explorer Way was built in 1997.
How does 18553 Explorer Way compare to others on Explorer Way?
We track 6 other properties on Explorer Way. Browse the list under "Other properties on Explorer Way" to compare beds, baths, and sale history.
What are the property facts for 18553 Explorer Way?
18553 Explorer Way is a 5 bed, 4 bath, 3,652 sqft, 23,087 sqft lot single_family.
Is 18553 Explorer Way a flip candidate?
No — 18553 Explorer Way does not appear in our flips dataset.
Is 18553 Explorer Way a tax-appeal candidate?
No — 18553 Explorer Way 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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