20724 Falcon Ave
Forest Lake, MN 55025
3 bd 2 ba 1,524 sqft Built 2005 Lot 5,532 sqft townhomes
Most recent sale
$260,000
Dec 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 20, 2021 | Sold | $260,000 | MLS #6121561 |
| Oct 31, 2021 | Listed | $250,000 | MLS #6121561 |
| May 27, 2021 | Sold | $111,818 | Public Record |
| Dec 1, 2020 | Sold | $220,000 | MLS #5679395 |
| Oct 29, 2020 | Listed | $225,000 | MLS #5679395 |
| Jun 18, 2017 | Sold | $175,000 | MLS #4816662 |
| Apr 14, 2017 | Listed | $175,000 | MLS #4816662 |
| Jul 20, 2016 | Sold | $160,000 | Public Record |
| Jan 1, 2016 | Sold | $160,000 | Public Record |
| Sep 16, 2015 | Sold | $152,000 | MLS #4571276 |
| Apr 20, 2015 | Sold | $152,000 | Public Record |
| Mar 12, 2015 | Listed | $152,900 | MLS #4571276 |
| Jan 1, 2015 | Sold | $152,000 | Public Record |
| Jul 29, 2005 | Sold | $199,120 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $172,200 | $65,600 | $237,800 | $2,558 |
| 2024 | $176,300 | $74,000 | $250,300 | $2,516 |
| 2023 | $174,300 | $51,600 | $225,900 | $2,258 |
| 2022 | $136,400 | $40,000 | $176,400 | $2,042 |
| 2021 | $128,300 | $39,600 | $167,900 | $1,980 |
| 2020 | $127,700 | $34,000 | $161,700 | $1,944 |
| 2019 | $116,600 | $34,700 | $151,300 | $1,872 |
| 2018 | $108,800 | $24,400 | $133,200 | $1,574 |
| 2017 | $102,400 | $16,200 | $118,600 | $1,516 |
| 2016 | $111,600 | $16,900 | $128,500 | $1,578 |
| 2015 | $103,000 | $16,600 | $119,600 | $1,404 |
| 2014 | $88,700 | $16,200 | $104,900 | $2,156 |
| 2013 | $70,600 | $12,300 | $82,900 | $1,916 |
| 2012 | $70,600 | $12,300 | $82,900 | $1,620 |
| 2011 | $115,600 | $20,000 | $135,600 | $1,470 |
| 2010 | $111,700 | $24,100 | $135,800 | $1,210 |
| 2009 | — | — | $180,800 | $1,628 |
| 2007 | — | — | $160,800 | $1,174 |
| 2006 | — | — | $20,200 | $102 |
Property facts
Year built
2005
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,524 sqft
Lot size
5,532 sqft
ZIP code
55025
City
Forest Lake
Street
Falcon Ave
Coordinates
45.25032, -93.00458
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,286
Gross rental yield
10.55%
Implied cap rate
6.86%
Trend-extrapolated value
—
Frequently asked questions
When did 20724 Falcon Ave last sell?
20724 Falcon Ave most recently sold on Dec 20, 2021 for $260,000.
What is the current tax assessment for 20724 Falcon Ave?
The most recent total assessment for 20724 Falcon Ave (year 2025) is $237,800 with $2,558 in property tax.
How does 20724 Falcon Ave's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $260,000.
When was 20724 Falcon Ave built?
20724 Falcon Ave was built in 2005.
How does 20724 Falcon Ave compare to others on Falcon Ave?
We track 8 other properties on Falcon Ave. Browse the list under "Other properties on Falcon Ave" to compare beds, baths, and sale history.
What are the property facts for 20724 Falcon Ave?
20724 Falcon Ave is a 3 bed, 2 bath, 1,524 sqft, 5,532 sqft lot townhomes.
Is 20724 Falcon Ave a flip candidate?
Yes — 20724 Falcon Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 20724 Falcon Ave a tax-appeal candidate?
No — 20724 Falcon Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.2%
Implied 1-yr
-8.6%
2026 Q3
$405K
2026 Q4
$394.9K
ZIP 55025 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Falcon Ave