17150 Franchise Way
Farmington, MN 55024
4 bd 2 ba 2,033 sqft Built 1980 Lot 11,050 sqft single_family
Most recent sale
$345,000
Sep 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2022 | Sold | $345,121 | Public Record |
| Sep 15, 2022 | Sold | $345,000 | MLS #6241102 |
| Aug 23, 2022 | Price changed | $345,000 | MLS #6241102 |
| Aug 16, 2022 | Price changed | $349,900 | MLS #6241102 |
| Aug 9, 2022 | Price changed | $359,900 | MLS #6241102 |
| Jul 27, 2022 | Listed | $365,000 | MLS #6241102 |
| May 31, 2022 | Sold | $262,500 | Public Record |
| Feb 1, 1987 | Sold | $98,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $294,200 | $74,200 | $368,400 | $4,038 |
| 2023 | $281,596 | $72,692 | $354,288 | $3,868 |
| 2022 | $230,507 | $61,978 | $292,485 | $4,212 |
| 2021 | $204,725 | $55,496 | $260,221 | $3,704 |
| 2020 | $204,725 | $55,496 | $260,221 | $4,520 |
| 2019 | $201,248 | $52,760 | $254,008 | $4,250 |
| 2018 | $188,750 | $49,780 | $238,530 | $3,915 |
| 2017 | $168,676 | $46,746 | $215,422 | $3,739 |
| 2016 | $157,825 | $44,081 | $201,906 | $3,554 |
| 2015 | $141,771 | $42,150 | $183,921 | $3,240 |
| 2014 | $133,942 | $40,605 | $174,547 | $3,084 |
| 2013 | $118,962 | $36,401 | $155,363 | $3,148 |
| 2012 | $113,758 | $34,956 | $148,714 | $2,870 |
| 2011 | $124,820 | $37,410 | $162,230 | $2,661 |
| 2009 | $172,200 | $52,000 | $224,200 | $2,702 |
| 2008 | $172,200 | $52,000 | $224,200 | $2,636 |
| 2007 | $174,300 | $52,000 | $226,300 | $2,356 |
Property facts
Year built
1980
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
2,033 sqft
Lot size
11,050 sqft
ZIP code
55024
City
Farmington
Street
Franchise Way
Coordinates
44.70071, -93.20176
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,050
Gross rental yield
10.61%
Implied cap rate
6.90%
Trend-extrapolated value
—
Frequently asked questions
When did 17150 Franchise Way last sell?
17150 Franchise Way most recently sold on Sep 15, 2022 for $345,000.
What is the current tax assessment for 17150 Franchise Way?
The most recent total assessment for 17150 Franchise Way (year 2025) is $368,400 with $4,038 in property tax.
How does 17150 Franchise Way's assessment compare to its last sale price?
The current assessment is 6.8% above the last sale price of $345,000.
When was 17150 Franchise Way built?
17150 Franchise Way was built in 1980.
How does 17150 Franchise Way compare to others on Franchise Way?
We track 3 other properties on Franchise Way. Browse the list under "Other properties on Franchise Way" to compare beds, baths, and sale history.
What are the property facts for 17150 Franchise Way?
17150 Franchise Way is a 4 bed, 2 bath, 2,033 sqft, 11,050 sqft lot single_family.
Is 17150 Franchise Way a flip candidate?
Yes — 17150 Franchise Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 17150 Franchise Way a tax-appeal candidate?
No — 17150 Franchise Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$446.6K
2026 Q4
$451.5K
ZIP 55024 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franchise Way