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565 Forest Ln

Medford, MN 55049

7 bd 5 ba 3,946 sqft Built 2017 Lot 11,935 sqft single_family
Most recent sale
$565,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2024 Listed $599,900 NorthstarMLS
Aug 19, 2022 Sold $565,000 MLS #6223815
Jul 1, 2022 Listed $565,000 MLS #6223815
Jan 27, 2017 Sold $28,000 MLS #5045806
Dec 10, 2016 Listing removed $28,000 NorthstarMLS
Jul 25, 2016 Relisted $28,000 MLS #4543824
Jul 16, 2016 Listing removed $28,000 NorthstarMLS
Jun 11, 2016 Relisted $28,000 MLS #4543824
Jun 10, 2016 Listing removed $28,000 NorthstarMLS
Jun 9, 2016 Listing removed $28,000 Southeastminnesota
Apr 1, 2016 Price changed $28,000 MLS #4543824
Nov 11, 2014 Listed $31,000 MLS #4543824
Nov 10, 2014 Listed $31,000 MLS #4058269
Nov 9, 2014 Listed $28,000 MLS #5045806
Jul 1, 2008 Sold $65,000 Public Record
Feb 3, 2008 Listing removed $38,900 Southeastminnesota
Feb 3, 2006 Listed $38,900 MLS #2915635

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $524,300 $52,100 $576,400 $7,772
2023 $420,400 $50,700 $471,100 $6,862
2020 $370,747 $6,000
2019 $356,577 $5,400
2018 $319,190 $364
2017 $17,500 $17,500 $368
2016 $17,500 $17,500 $392
2015 $18,000 $18,000 $408
2014 $19,000 $19,000 $412
2013 $20,000 $20,000 $412
2012 $20,000 $20,000 $252
2011 $12,300 $12,300 $350
2010 $12,300 $12,300 $342
2009 $20,800 $20,800 $328
2006 $23,100 $23,100 $1,704

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
7
Baths
5
Living area
3,946 sqft
Lot size
11,935 sqft
ZIP code
55049
City
Medford
Street
Forest Ln
Coordinates
44.17080, -93.23859

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
$5,919
Gross rental yield
12.57%
Implied cap rate
8.17%
Trend-extrapolated value

Frequently asked questions

When did 565 Forest Ln last sell?
565 Forest Ln most recently sold on Aug 19, 2022 for $565,000.
What is the current tax assessment for 565 Forest Ln?
The most recent total assessment for 565 Forest Ln (year 2025) is $576,400 with $7,772 in property tax.
How does 565 Forest Ln's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $565,000.
When was 565 Forest Ln built?
565 Forest Ln was built in 2017.
How does 565 Forest Ln compare to others on Forest Ln?
We track 5 other properties on Forest Ln. Browse the list under "Other properties on Forest Ln" to compare beds, baths, and sale history.
What are the property facts for 565 Forest Ln?
565 Forest Ln is a 7 bed, 5 bath, 3,946 sqft, 11,935 sqft lot single_family.
Is 565 Forest Ln a flip candidate?
No — 565 Forest Ln does not appear in our flips dataset.
Is 565 Forest Ln a tax-appeal candidate?
No — 565 Forest 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
+7.1%
Implied 1-yr
+28.6%
2023 Q4
$506.3K
2024 Q1
$506.3K
ZIP 55049 — Median Price History + Forecast

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