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1012 Fairfield Spur

Minnetonka, MN 55305

2 bd 2 ba 1,248 sqft Built 1996 Lot 37,157 sqft townhomes
Most recent sale
$305,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $305,000 MLS #6139833
Apr 28, 2022 Listed $274,900 MLS #6139833
May 12, 2016 Sold $206,000 MLS #4696324
Apr 1, 2016 Listed $199,900 MLS #4696324
Jul 12, 2013 Sold $180,250 Public Record
Aug 29, 2007 Sold $203,500 Public Record
May 15, 2003 Sold $196,000 Public Record
Jun 1, 1997 Sold $110,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $214,659 $2,563
2019 $193,622 $2,410
2018 $183,485 $2,415
2017 $177,054 $2,101
2016 $151,003 $2,242
2015 $156,562 $2,021
2014 $137,596 $1,699
2013 $107,621 $1,741
2012 $116,777 $2,281
2011 $159,069 $2,172
2010 $140,000 $40,000 $180,000 $1,991
2009 $141,800 $40,000 $181,800 $2,061
2008 $159,700 $40,000 $199,700 $2,132
2007 $170,200 $40,000 $210,200 $2,152

Property facts

Year built
1996
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,248 sqft
Lot size
37,157 sqft
ZIP code
55305
City
Minnetonka
Street
Fairfield Spur
Coordinates
44.97271, -93.42715

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,872
Gross rental yield
7.37%
Implied cap rate
4.79%
Trend-extrapolated value

Frequently asked questions

When did 1012 Fairfield Spur last sell?
1012 Fairfield Spur most recently sold on Jun 3, 2022 for $305,000.
What is the current tax assessment for 1012 Fairfield Spur?
The most recent total assessment for 1012 Fairfield Spur (year 2020) is $214,659 with $2,563 in property tax.
How does 1012 Fairfield Spur's assessment compare to its last sale price?
The current assessment is 29.6% below the last sale price of $305,000.
When was 1012 Fairfield Spur built?
1012 Fairfield Spur was built in 1996.
How does 1012 Fairfield Spur compare to others on Fairfield Spur?
We track 2 other properties on Fairfield Spur. Browse the list under "Other properties on Fairfield Spur" to compare beds, baths, and sale history.
What are the property facts for 1012 Fairfield Spur?
1012 Fairfield Spur is a 2 bed, 2 bath, 1,248 sqft, 37,157 sqft lot townhomes.
Is 1012 Fairfield Spur a flip candidate?
No — 1012 Fairfield Spur does not appear in our flips dataset.
Is 1012 Fairfield Spur a tax-appeal candidate?
No — 1012 Fairfield Spur 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
+0.6%
Implied 1-yr
+2.6%
2026 Q3
$610.3K
2026 Q4
$614.1K
ZIP 55305 — Median Price History + Forecast

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