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1312 Fairview Ln

Farmington, MN 55024

3 bd 2 ba 1,655 sqft Built 1971 Lot 10,062 sqft single_family
Most recent sale
$200,000
Dec 7, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 9, 2024 Sold $350,000 NorthstarMLS
Apr 24, 2024 Price changed $379,900 NorthstarMLS
Apr 17, 2024 Price changed $384,900 NorthstarMLS
Mar 27, 2024 Price changed $389,900 NorthstarMLS
Mar 14, 2024 Listed $399,900 NorthstarMLS
Dec 7, 2023 Sold $200,000 Public Record
Oct 20, 1995 Sold $115,000 Public Record
Jun 18, 1993 Sold $106,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $216,558 $68,688 $285,246 $3,566
2023 $235,000 $73,300 $308,300 $3,740
2022 $192,300 $63,700 $256,000 $3,654
2021 $179,000 $60,700 $239,700 $3,450
2020 $173,600 $57,600 $231,200 $3,468
2019 $154,000 $54,800 $208,800 $3,196
2018 $148,200 $52,200 $200,400 $3,171
2017 $178,300 $49,700 $228,000 $3,828
2016 $173,200 $48,000 $221,200 $3,834
2015 $139,207 $40,354 $179,561 $3,012
2014 $125,652 $35,597 $161,249 $3,053
2013 $121,177 $34,295 $155,472 $2,914
2012 $133,416 $36,662 $170,078 $3,032
2011 $156,600 $43,200 $199,800 $3,068
2009 $188,400 $56,500 $244,900 $3,358
2008 $196,600 $56,500 $253,100 $3,391
2007 $196,600 $56,500 $253,100 $2,921

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,655 sqft
Lot size
10,062 sqft
ZIP code
55024
City
Farmington
Street
Fairview Ln
Coordinates
44.62633, -93.14167

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1312 Fairview Ln last sell?
1312 Fairview Ln most recently sold on Dec 7, 2023 for $200,000.
What is the current tax assessment for 1312 Fairview Ln?
The most recent total assessment for 1312 Fairview Ln (year 2025) is $285,246 with $3,566 in property tax.
How does 1312 Fairview Ln's assessment compare to its last sale price?
The current assessment is 42.6% above the last sale price of $200,000.
When was 1312 Fairview Ln built?
1312 Fairview Ln was built in 1971.
How does 1312 Fairview Ln compare to others on Fairview Ln?
We track 8 other properties on Fairview Ln. Browse the list under "Other properties on Fairview Ln" to compare beds, baths, and sale history.
What are the property facts for 1312 Fairview Ln?
1312 Fairview Ln is a 3 bed, 2 bath, 1,655 sqft, 10,062 sqft lot single_family.
Is 1312 Fairview Ln a flip candidate?
Yes — 1312 Fairview Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1312 Fairview Ln a tax-appeal candidate?
No — 1312 Fairview 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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