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3724 Fairlawn Dr

Minnetonka, MN 55345

4 bd 2 ba 2,400 sqft Built 1954 Lot 15,246 sqft single_family
Most recent sale
$426,300
May 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2022 Sold $426,300 Public Record
May 16, 2022 Sold $420,000 Public Record
May 13, 2022 Sold $420,000 MLS #6170092
Apr 21, 2022 Listed $460,000 MLS #6170092
Oct 24, 2017 Sold $300,000 MLS #4862888
Aug 16, 2017 Relisted $300,000 MLS #4862888
Aug 11, 2017 Listing removed $300,000 NorthstarMLS
Aug 7, 2017 Listed $300,000 MLS #4862888

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $471,091 $6,226
2024 $270,400 $202,400 $472,800 $5,914
2023 $386,770 $4,880
2022 $320,498 $4,442
2021 $309,380 $4,282
2020 $303,167 $4,384
2019 $293,684 $4,271
2018 $272,974 $3,995
2017 $267,851 $3,955
2016 $266,652 $3,950
2015 $254,771 $3,799
2014 $229,919 $3,562
2013 $240,274 $3,612
2012 $248,449 $3,553
2011 $119,600 $150,000 $269,600 $3,519
2010 $143,100 $150,000 $293,100 $3,504
2009 $146,500 $150,000 $296,500 $3,382
2008 $195,500 $104,700 $300,200 $3,374
2007 $195,500 $104,700 $300,200 $3,487

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,400 sqft
Lot size
15,246 sqft
ZIP code
55345
City
Minnetonka
Street
Fairlawn Dr
Coordinates
44.93540, -93.49208

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,600
Gross rental yield
10.13%
Implied cap rate
6.59%
Trend-extrapolated value

Frequently asked questions

When did 3724 Fairlawn Dr last sell?
3724 Fairlawn Dr most recently sold on May 31, 2022 for $426,300.
What is the current tax assessment for 3724 Fairlawn Dr?
The most recent total assessment for 3724 Fairlawn Dr (year 2025) is $471,091 with $6,226 in property tax.
How does 3724 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 10.5% above the last sale price of $426,300.
When was 3724 Fairlawn Dr built?
3724 Fairlawn Dr was built in 1954.
How does 3724 Fairlawn Dr compare to others on Fairlawn Dr?
We track 5 other properties on Fairlawn Dr. Browse the list under "Other properties on Fairlawn Dr" to compare beds, baths, and sale history.
What are the property facts for 3724 Fairlawn Dr?
3724 Fairlawn Dr is a 4 bed, 2 bath, 2,400 sqft, 15,246 sqft lot single_family.
Is 3724 Fairlawn Dr a flip candidate?
No — 3724 Fairlawn Dr does not appear in our flips dataset.
Is 3724 Fairlawn Dr a tax-appeal candidate?
No — 3724 Fairlawn Dr 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$617.1K
2026 Q4
$608K
ZIP 55345 — Median Price History + Forecast

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