703 Fairfield Cir
Minnetonka, MN 55305
2 bd 2 ba 1,911 sqft Built 1996 Lot 22,303 sqft townhomes
Most recent sale
$316,000
Apr 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 4, 2022 | Sold | $316,000 | MLS #6154798 |
| Feb 24, 2022 | Listed | $275,000 | MLS #6154798 |
| Dec 15, 2016 | Sold | $220,000 | MLS #4749354 |
| Oct 22, 2016 | Relisted | $225,000 | MLS #4749354 |
| Oct 14, 2016 | Listing removed | $225,000 | NorthstarMLS |
| Aug 9, 2016 | Listed | $225,000 | MLS #4749354 |
| Mar 16, 2012 | Listing removed | $241,900 | NorthstarMLS |
| Apr 2, 2008 | Sold | $222,750 | MLS #3426232 |
| Aug 14, 2007 | Listed | $223,500 | MLS #3426232 |
| Jun 18, 2007 | Listed | $241,900 | MLS #3397135 |
| Oct 20, 2003 | Sold | $225,000 | Public Record |
| May 16, 1997 | Sold | $115,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $247,900 | $55,000 | $302,900 | $3,714 |
| 2020 | — | — | $232,317 | $2,924 |
| 2019 | — | — | $221,526 | $2,657 |
| 2018 | — | — | $202,669 | $2,485 |
| 2017 | — | — | $182,395 | $2,173 |
| 2016 | — | — | $156,344 | $2,389 |
| 2015 | — | — | $167,244 | $2,316 |
| 2014 | — | — | $158,415 | $2,072 |
| 2013 | — | — | $132,255 | $2,118 |
| 2012 | — | — | $143,046 | $2,329 |
| 2011 | — | — | $162,557 | $2,216 |
| 2010 | $143,200 | $40,000 | $183,200 | $2,268 |
| 2009 | $163,100 | $40,000 | $203,100 | $2,317 |
| 2008 | $180,700 | $40,000 | $220,700 | $2,310 |
| 2007 | $185,200 | $40,000 | $225,200 | $2,332 |
Property facts
Year built
1996
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,911 sqft
Lot size
22,303 sqft
ZIP code
55305
City
Minnetonka
Street
Fairfield Cir
Coordinates
44.97446, -93.42571
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
$2,867
Gross rental yield
10.89%
Implied cap rate
7.08%
Trend-extrapolated value
—
Frequently asked questions
When did 703 Fairfield Cir last sell?
703 Fairfield Cir most recently sold on Apr 4, 2022 for $316,000.
What is the current tax assessment for 703 Fairfield Cir?
The most recent total assessment for 703 Fairfield Cir (year 2025) is $302,900 with $3,714 in property tax.
How does 703 Fairfield Cir's assessment compare to its last sale price?
The current assessment is 4.1% below the last sale price of $316,000.
When was 703 Fairfield Cir built?
703 Fairfield Cir was built in 1996.
How does 703 Fairfield Cir compare to others on Fairfield Cir?
We track 8 other properties on Fairfield Cir. Browse the list under "Other properties on Fairfield Cir" to compare beds, baths, and sale history.
What are the property facts for 703 Fairfield Cir?
703 Fairfield Cir is a 2 bed, 2 bath, 1,911 sqft, 22,303 sqft lot townhomes.
Is 703 Fairfield Cir a flip candidate?
No — 703 Fairfield Cir does not appear in our flips dataset.
Is 703 Fairfield Cir a tax-appeal candidate?
No — 703 Fairfield Cir is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.6%
2026 Q3
$610.3K
2026 Q4
$614.1K
ZIP 55305 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairfield Cir