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501 Heritage Way

Farmington, MN 55024

3 bd 2 ba 1,608 sqft Built 1971 Lot 12,240 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $172,035 $68,303 $240,338 $3,016
2023 $187,623 $71,181 $258,804 $3,164
2022 $146,772 $60,039 $206,811 $2,982
2021 $134,855 $56,478 $191,333 $2,786
2020 $117,541 $51,447 $168,988 $2,572
2019 $102,577 $47,881 $150,458 $2,345
2018 $97,799 $45,138 $142,937 $2,302
2017 $99,552 $42,949 $142,501 $2,366
2016 $96,012 $41,148 $137,160 $2,351
2015 $88,228 $37,596 $125,824 $2,038
2014 $79,705 $32,930 $112,635 $1,933
2013 $76,543 $31,623 $108,166 $2,129
2012 $82,893 $33,884 $116,777 $2,189
2011 $104,400 $43,200 $147,600 $2,295
2009 $129,600 $56,500 $186,100 $2,553
2008 $135,400 $56,500 $191,900 $2,578
2007 $135,400 $56,500 $191,900 $2,125

Property facts

Year built
1971
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,608 sqft
Lot size
12,240 sqft
ZIP code
55024
City
Farmington
Street
Heritage Way
Coordinates
44.62506, -93.14442

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 501 Heritage Way last sell?
No public-record sale is on file for 501 Heritage Way.
What is the current tax assessment for 501 Heritage Way?
The most recent total assessment for 501 Heritage Way (year 2025) is $240,338 with $3,016 in property tax.
When was 501 Heritage Way built?
501 Heritage Way was built in 1971.
How does 501 Heritage Way compare to others on Heritage Way?
We track 8 other properties on Heritage Way. Browse the list under "Other properties on Heritage Way" to compare beds, baths, and sale history.
What are the property facts for 501 Heritage Way?
501 Heritage Way is a 3 bed, 2 bath, 1,608 sqft, 12,240 sqft lot single_family.
Is 501 Heritage Way a flip candidate?
No — 501 Heritage Way does not appear in our flips dataset.
Is 501 Heritage Way a tax-appeal candidate?
No — 501 Heritage 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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