16078 Fairoaks Ave
Hugo, MN 55038
5 bd 4 ba 3,451 sqft Built 2021 Lot 14,206 sqft single_family
Most recent sale
$620,755
Apr 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 18, 2024 | Sold | $600,000 | Public Record |
| Aug 14, 2024 | Price changed | $628,000 | NorthstarMLS |
| Jul 23, 2024 | Listed | $643,000 | NorthstarMLS |
| Jul 13, 2024 | Price changed | $643,000 | NorthstarMLS |
| Jun 26, 2024 | Price changed | $650,000 | NorthstarMLS |
| Jun 14, 2024 | Listed | $660,000 | NorthstarMLS |
| May 23, 2024 | Listed | $670,000 | NorthstarMLS |
| Apr 18, 2024 | Listed | $680,000 | NorthstarMLS |
| Apr 4, 2022 | Sold | $620,755 | MLS #6124695 |
| Nov 12, 2021 | Listed | $617,300 | MLS #6124695 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $491,700 | $128,000 | $619,700 | $6,688 |
| 2024 | $495,300 | $128,000 | $623,300 | $6,364 |
| 2023 | $45,700 | $132,200 | $177,900 | $2,022 |
| 2022 | — | $41,700 | $41,700 | $564 |
| 2021 | — | $10,100 | $10,100 | $138 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,451 sqft
Lot size
14,206 sqft
ZIP code
55038
City
Hugo
Street
Fairoaks Ave
Coordinates
45.18192, -93.00636
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,177
Gross rental yield
10.01%
Implied cap rate
6.51%
Trend-extrapolated value
—
Frequently asked questions
When did 16078 Fairoaks Ave last sell?
16078 Fairoaks Ave most recently sold on Apr 4, 2022 for $620,755.
What is the current tax assessment for 16078 Fairoaks Ave?
The most recent total assessment for 16078 Fairoaks Ave (year 2025) is $619,700 with $6,688 in property tax.
How does 16078 Fairoaks Ave's assessment compare to its last sale price?
The current assessment is 0.2% below the last sale price of $620,755.
When was 16078 Fairoaks Ave built?
16078 Fairoaks Ave was built in 2021.
How does 16078 Fairoaks Ave compare to others on Fairoaks Ave?
We track 8 other properties on Fairoaks Ave. Browse the list under "Other properties on Fairoaks Ave" to compare beds, baths, and sale history.
What are the property facts for 16078 Fairoaks Ave?
16078 Fairoaks Ave is a 5 bed, 4 bath, 3,451 sqft, 14,206 sqft lot single_family.
Is 16078 Fairoaks Ave a flip candidate?
No — 16078 Fairoaks Ave does not appear in our flips dataset.
Is 16078 Fairoaks Ave a tax-appeal candidate?
No — 16078 Fairoaks 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$542.8K
2026 Q4
$533.4K
ZIP 55038 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairoaks Ave