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226 Fairfax Rd

Hoyt Lakes, MN 55750

3 bd 1 ba 564 sqft Built 1956 Lot 7,841 sqft single_family
Most recent sale
$106,000
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2023 Price changed $120,900 RangeMLS
Aug 21, 2023 Price changed $128,000 LakeSuperiorAreaRealtors
Aug 15, 2023 Price changed $130,000 LakeSuperiorAreaRealtors
Jul 17, 2023 Listed $132,000 LakeSuperiorAreaRealtors
Jul 6, 2022 Sold $106,000 MLS #6202875
Jun 1, 2022 Listed $96,000 MLS #6202875

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $58,084 $3,603 $61,687 $702
2023 $38,760 $3,060 $41,820 $500
2022 $32,280 $3,060 $35,340 $452
2021 $32,280 $2,820 $35,100 $408
2020 $32,280 $2,820 $35,100 $354
2019 $29,100 $2,820 $31,920 $318
2018 $28,440 $2,820 $31,260 $308
2017 $28,440 $2,820 $31,260 $292
2016 $27,960 $2,820 $30,780 $236
2015 $24,200 $2,700 $26,900 $352
2014 $28,600 $2,700 $31,300 $267
2013 $26,900 $2,600 $29,500 $177
2012 $23,600 $2,300 $25,900 $163
2011 $22,900 $2,300 $25,200 $226
2010 $43,700 $4,100 $47,800 $287
2009 $41,500 $3,900 $45,400 $249
2008 $41,500 $3,900 $45,400 $243
2007 $37,600 $3,000 $40,600 $233

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
564 sqft
Lot size
7,841 sqft
ZIP code
55750
City
Hoyt Lakes
Street
Fairfax Rd
Coordinates
47.51361, -92.14175

Comparable properties nearby

Block-level micro-comps

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

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$846
Gross rental yield
9.58%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 226 Fairfax Rd last sell?
226 Fairfax Rd most recently sold on Jul 6, 2022 for $106,000.
What is the current tax assessment for 226 Fairfax Rd?
The most recent total assessment for 226 Fairfax Rd (year 2025) is $61,687 with $702 in property tax.
How does 226 Fairfax Rd's assessment compare to its last sale price?
The current assessment is 41.8% below the last sale price of $106,000.
When was 226 Fairfax Rd built?
226 Fairfax Rd was built in 1956.
How does 226 Fairfax Rd compare to others on Fairfax Rd?
We track 8 other properties on Fairfax Rd. Browse the list under "Other properties on Fairfax Rd" to compare beds, baths, and sale history.
What are the property facts for 226 Fairfax Rd?
226 Fairfax Rd is a 3 bed, 1 bath, 564 sqft, 7,841 sqft lot single_family.
Is 226 Fairfax Rd a flip candidate?
No — 226 Fairfax Rd does not appear in our flips dataset.
Is 226 Fairfax Rd a tax-appeal candidate?
No — 226 Fairfax Rd 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
+3.4%
Implied 1-yr
+13.6%
2026 Q2
$141.7K
2026 Q3
$145.7K
ZIP 55750 — Median Price History + Forecast

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