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23 Lilac Ln

Farmington, MN 55024

2 bd 2 ba 1,460 sqft Built 2002 Lot 1,263 sqft townhomes
Most recent sale
$249,900
Oct 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $249,900 MLS #6244955
Aug 6, 2022 Listed $249,900 MLS #6244955
Sep 30, 2017 Sold $172,500 MLS #4861873
Aug 4, 2017 Listed $172,500 MLS #4861873
Aug 15, 2013 Sold $105,000 MLS #4375377
Jun 4, 2013 Listed $105,000 MLS #4375377
Sep 7, 2010 Sold $76,000 Public Record
Aug 3, 2005 Sold $173,500 Public Record
Nov 19, 2002 Sold $153,039 Public Record
Jun 7, 2002 Sold $153,606 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $161,593 $46,590 $208,183 $2,622
2023 $159,981 $46,830 $206,811 $2,540
2022 $126,052 $39,230 $165,282 $2,396
2021 $121,140 $37,057 $158,197 $2,316
2020 $121,140 $37,057 $158,197 $2,268
2019 $117,821 $30,675 $148,496 $2,097
2018 $106,297 $27,811 $134,108 $1,905
2017 $92,542 $24,998 $117,540 $1,709
2016 $78,857 $22,987 $101,844 $1,692
2015 $75,976 $21,617 $97,593 $1,303
2014 $60,942 $18,557 $79,499 $1,137
2013 $49,917 $15,412 $65,329 $2,401
2012 $71,400 $22,200 $93,600 $2,189
2011 $67,829 $17,774 $85,603 $2,444
2009 $132,100 $32,200 $164,300 $2,027
2008 $132,100 $32,200 $164,300 $2,019
2007 $136,400 $35,400 $171,800 $1,863

Property facts

Year built
2002
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,460 sqft
Lot size
1,263 sqft
ZIP code
55024
City
Farmington
Street
Lilac Ln
Coordinates
44.64287, -93.13100

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,190
Gross rental yield
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 23 Lilac Ln last sell?
23 Lilac Ln most recently sold on Oct 17, 2022 for $249,900.
What is the current tax assessment for 23 Lilac Ln?
The most recent total assessment for 23 Lilac Ln (year 2025) is $208,183 with $2,622 in property tax.
How does 23 Lilac Ln's assessment compare to its last sale price?
The current assessment is 16.7% below the last sale price of $249,900.
When was 23 Lilac Ln built?
23 Lilac Ln was built in 2002.
How does 23 Lilac Ln compare to others on Lilac Ln?
We track 8 other properties on Lilac Ln. Browse the list under "Other properties on Lilac Ln" to compare beds, baths, and sale history.
What are the property facts for 23 Lilac Ln?
23 Lilac Ln is a 2 bed, 2 bath, 1,460 sqft, 1,263 sqft lot townhomes.
Is 23 Lilac Ln a flip candidate?
No — 23 Lilac Ln does not appear in our flips dataset.
Is 23 Lilac Ln a tax-appeal candidate?
No — 23 Lilac 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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