4703 Fairhills Rd
Minnetonka, MN 55345
4 bd 4 ba 3,251 sqft Built 1954 Lot 23,958 sqft single_family
Most recent sale
$770,000
Jun 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2022 | Sold | $770,000 | MLS #6216066 |
| Jun 10, 2022 | Listed | $699,000 | MLS #6216066 |
| Oct 24, 2008 | Listed | $279,000 | MLS #3613387 |
| Dec 10, 1997 | Sold | $195,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $453,600 | $213,400 | $667,000 | $9,233 |
| 2024 | $444,400 | $213,400 | $657,800 | $8,607 |
| 2022 | $164,800 | $194,000 | $358,800 | $4,946 |
| 2021 | $134,800 | $194,000 | $328,800 | $4,521 |
| 2020 | $134,800 | $194,000 | $328,800 | $4,125 |
| 2019 | $93,300 | $194,000 | $287,300 | $3,809 |
| 2018 | $70,100 | $194,000 | $264,100 | $3,829 |
| 2017 | $79,100 | $185,000 | $264,100 | $3,818 |
| 2016 | $80,900 | $180,200 | $261,100 | $3,846 |
| 2015 | $97,100 | $165,000 | $262,100 | $3,491 |
| 2014 | $86,400 | $150,000 | $236,400 | $3,681 |
| 2013 | $90,500 | $150,000 | $240,500 | $3,632 |
| 2012 | — | — | $241,582 | $3,415 |
| 2011 | — | — | $238,530 | $3,279 |
| 2010 | $103,000 | $150,000 | $253,000 | $3,326 |
| 2009 | $129,600 | $150,000 | $279,600 | $3,459 |
| 2008 | $152,500 | $150,000 | $302,500 | $3,465 |
| 2007 | $194,100 | $113,400 | $307,500 | $3,580 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
4
Living area
3,251 sqft
Lot size
23,958 sqft
ZIP code
55345
City
Minnetonka
Street
Fairhills Rd
Coordinates
44.91812, -93.47848
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
$4,877
Gross rental yield
7.60%
Implied cap rate
4.94%
Trend-extrapolated value
—
Frequently asked questions
When did 4703 Fairhills Rd last sell?
4703 Fairhills Rd most recently sold on Jun 30, 2022 for $770,000.
What is the current tax assessment for 4703 Fairhills Rd?
The most recent total assessment for 4703 Fairhills Rd (year 2025) is $667,000 with $9,233 in property tax.
How does 4703 Fairhills Rd's assessment compare to its last sale price?
The current assessment is 13.4% below the last sale price of $770,000.
When was 4703 Fairhills Rd built?
4703 Fairhills Rd was built in 1954.
How does 4703 Fairhills Rd compare to others on Fairhills Rd?
We track 7 other properties on Fairhills Rd. Browse the list under "Other properties on Fairhills Rd" to compare beds, baths, and sale history.
What are the property facts for 4703 Fairhills Rd?
4703 Fairhills Rd is a 4 bed, 4 bath, 3,251 sqft, 23,958 sqft lot single_family.
Is 4703 Fairhills Rd a flip candidate?
No — 4703 Fairhills Rd does not appear in our flips dataset.
Is 4703 Fairhills Rd a tax-appeal candidate?
No — 4703 Fairhills Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairhills Rd