16081 Fairoaks Ave
Hugo, MN 55038
4 bd 3 ba 3,874 sqft Built 2021 Lot 9,583 sqft single_family
Most recent sale
$557,125
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $557,125 | MLS #6105535 |
| Dec 3, 2021 | Price changed | $551,545 | MLS #620-62339-623760000-0020 |
| Dec 1, 2021 | Price changed | $551,545 | MLS #6105535 |
| Nov 2, 2021 | Price changed | $549,545 | MLS #620-62339-623760000-0020 |
| Nov 1, 2021 | Price changed | $549,545 | MLS #6105535 |
| Oct 2, 2021 | Price changed | $546,545 | MLS #620-62339-623760000-0020 |
| Oct 1, 2021 | Price changed | $546,545 | MLS #6105535 |
| Oct 1, 2021 | Listed | $545,545 | MLS #620-62339-623760000-0020 |
| Sep 24, 2021 | Listed | $545,545 | MLS #6105535 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $410,300 | $128,000 | $538,300 | $5,660 |
| 2024 | $415,600 | $128,000 | $543,600 | $5,414 |
| 2023 | $180,900 | $128,600 | $309,500 | $3,078 |
| 2022 | — | $41,700 | $41,700 | $564 |
| 2021 | — | $10,100 | $10,100 | $138 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,874 sqft
Lot size
9,583 sqft
ZIP code
55038
City
Hugo
Street
Fairoaks Ave
Coordinates
45.18242, -93.00590
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
$5,811
Gross rental yield
12.52%
Implied cap rate
8.14%
Trend-extrapolated value
—
Frequently asked questions
When did 16081 Fairoaks Ave last sell?
16081 Fairoaks Ave most recently sold on Mar 30, 2022 for $557,125.
What is the current tax assessment for 16081 Fairoaks Ave?
The most recent total assessment for 16081 Fairoaks Ave (year 2025) is $538,300 with $5,660 in property tax.
How does 16081 Fairoaks Ave's assessment compare to its last sale price?
The current assessment is 3.4% below the last sale price of $557,125.
When was 16081 Fairoaks Ave built?
16081 Fairoaks Ave was built in 2021.
How does 16081 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 16081 Fairoaks Ave?
16081 Fairoaks Ave is a 4 bed, 3 bath, 3,874 sqft, 9,583 sqft lot single_family.
Is 16081 Fairoaks Ave a flip candidate?
No — 16081 Fairoaks Ave does not appear in our flips dataset.
Is 16081 Fairoaks Ave a tax-appeal candidate?
No — 16081 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