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32 Summit Farm Ln

Gem Lake, MN 55110

3 bd 3 ba 2,696 sqft Built 2020 Lot 9,583 sqft townhomes
Most recent sale
$554,706
Nov 3, 2020

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2022 Sold $685,000 NorthstarMLS
Sep 30, 2022 Listed $695,000 MLS #6266464
Feb 13, 2021 Listing removed $570,000 NorthstarMLS
Nov 3, 2020 Sold $554,706 Public Record
Jul 24, 2020 Listing removed $599,000 NorthstarMLS
Feb 18, 2020 Price changed $599,000 MLS #5349894
Jan 16, 2020 Price changed $609,000 MLS #5349894
Jan 5, 2020 Listed $620,984 MLS #5349894

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $587,900 $100,000 $687,900 $10,826
2023 $465,000 $100,000 $565,000 $8,462
2022 $438,300 $100,000 $538,300 $8,270
2021 $431,000 $100,000 $531,000 $7,966
2020 $431,000 $100,000 $531,000 $1,316
2019 $66,700 $432

Property facts

Year built
2020
Property type
townhomes
Stories
1
Beds
3
Baths
3
Living area
2,696 sqft
Lot size
9,583 sqft
ZIP code
55110
City
Gem Lake
Street
Summit Farm Ln
Coordinates
45.05093, -93.04372

Comparable properties nearby

Block-level micro-comps

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

Frequently asked questions

When did 32 Summit Farm Ln last sell?
32 Summit Farm Ln most recently sold on Nov 3, 2020 for $554,706.
What is the current tax assessment for 32 Summit Farm Ln?
The most recent total assessment for 32 Summit Farm Ln (year 2025) is $687,900 with $10,826 in property tax.
How does 32 Summit Farm Ln's assessment compare to its last sale price?
The current assessment is 24.0% above the last sale price of $554,706.
When was 32 Summit Farm Ln built?
32 Summit Farm Ln was built in 2020.
How does 32 Summit Farm Ln compare to others on Summit Farm Ln?
We track 4 other properties on Summit Farm Ln. Browse the list under "Other properties on Summit Farm Ln" to compare beds, baths, and sale history.
What are the property facts for 32 Summit Farm Ln?
32 Summit Farm Ln is a 3 bed, 3 bath, 2,696 sqft, 9,583 sqft lot townhomes.
Is 32 Summit Farm Ln a flip candidate?
No — 32 Summit Farm Ln does not appear in our flips dataset.
Is 32 Summit Farm Ln a tax-appeal candidate?
No — 32 Summit Farm 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
+2.3%
Implied 1-yr
+9.1%
2026 Q3
$581.1K
2026 Q4
$592.6K
ZIP 55110 — Median Price History + Forecast

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