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18040 Fairhomes Ln

Wayzata, MN 55391

3 bd 2 ba 2,202 sqft Built 1956 Lot 13,939 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2021 Sold $555,000 Public Record
Nov 19, 2021 Sold $555,000 NorthstarMLS
Oct 22, 2021 Listed $550,000 NorthstarMLS
Feb 8, 2020 Listing removed $519,900 NorthstarMLS
Apr 28, 2016 Listing removed $2,795 AppfolioUnits
Feb 5, 2016 Listed for rent $2,795 AppfolioUnits
Feb 3, 2016 Listing removed $2,795 AppfolioUnits
Jan 18, 2016 Listing removed $2,795 NorthstarMLS
Jan 18, 2016 Listed for rent $2,795 AppfolioUnits
Oct 30, 2015 Listed for rent $2,795 NorthstarMLS
Jan 15, 2014 Listing removed $2,850 NorthstarMLS
Dec 2, 2013 Price changed for rent $2,850 NorthstarMLS
Nov 6, 2013 Price changed for rent $2,895 NorthstarMLS
Oct 21, 2013 Listed for rent $2,950 NorthstarMLS
Mar 22, 2012 Listing removed $2,870 LakeSuperiorAreaRealtors
Mar 13, 2012 Listing removed $128,000 NorthstarMLS
Feb 7, 2012 Listing removed $2,870 NorthstarMLS
Dec 31, 2011 Price changed for rent $2,870 NorthstarMLS
Dec 1, 2011 Price changed for rent $2,895 NorthstarMLS
Oct 24, 2011 Listing removed $2,895 NorthstarMLS
Oct 24, 2011 Listed $2,870 LakeSuperiorAreaRealtors
Oct 24, 2011 Listed for rent $2,945 NorthstarMLS
Oct 5, 2011 Price changed for rent $2,895 NorthstarMLS
Sep 23, 2011 Price changed $544,900 NorthstarMLS
Aug 22, 2011 Price changed $549,900 NorthstarMLS
Aug 18, 2011 Listed for rent $3,000 NorthstarMLS
Jul 28, 2011 Listed $559,900 NorthstarMLS
Jun 18, 1999 Sold $149,000 Public Record
Jul 7, 1995 Sold $119,000 NorthstarMLS
May 5, 1995 Listed $124,900 NorthstarMLS
Aug 1, 1994 Listed $128,000 NorthstarMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $335,500 $270,900 $606,400 $6,960
2024 $342,800 $270,900 $613,700 $6,733
2023 $340,000 $215,000 $555,000 $6,029
2022 $298,000 $188,000 $486,000 $5,750
2021 $289,000 $169,000 $458,000 $5,425
2020 $288,000 $168,000 $456,000 $5,625
2019 $269,000 $168,000 $437,000 $5,360
2018 $257,000 $168,000 $425,000 $5,219
2017 $250,000 $168,000 $418,000 $5,174
2011 $148,000 $127,000 $275,000 $3,104
2010 $161,000 $133,000 $294,000 $3,024
2009 $140,000 $148,000 $288,000 $2,835
2008 $136,000 $159,000 $295,000 $2,884
2007 $139,000 $138,000 $277,000 $2,810

Property facts

Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,202 sqft
Lot size
13,939 sqft
ZIP code
55391
City
Wayzata
Street
Fairhomes Ln
Coordinates
44.93559, -93.50911

Comparable properties nearby

Frequently asked questions

When did 18040 Fairhomes Ln last sell?
No public-record sale is on file for 18040 Fairhomes Ln.
What is the current tax assessment for 18040 Fairhomes Ln?
The most recent total assessment for 18040 Fairhomes Ln (year 2025) is $606,400 with $6,960 in property tax.
When was 18040 Fairhomes Ln built?
18040 Fairhomes Ln was built in 1956.
How does 18040 Fairhomes Ln compare to others on Fairhomes Ln?
We track 2 other properties on Fairhomes Ln. Browse the list under "Other properties on Fairhomes Ln" to compare beds, baths, and sale history.
What are the property facts for 18040 Fairhomes Ln?
18040 Fairhomes Ln is a 3 bed, 2 bath, 2,202 sqft, 13,939 sqft lot single_family.
Is 18040 Fairhomes Ln a flip candidate?
No — 18040 Fairhomes Ln does not appear in our flips dataset.
Is 18040 Fairhomes Ln a tax-appeal candidate?
No — 18040 Fairhomes 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
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$2.76M
2026 Q4
$2.89M
ZIP 55391 — Median Price History + Forecast

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