NOT LISTED FOR SALE

1005 2nd St Farmington, MN 55024

Estimated Value: $275,000 - $310,000

3 Beds
1 Bath
960 Sq Ft
$300/Sq Ft Est. Value

About This Home

This home is located at 1005 2nd St, Farmington, MN 55024 and is currently estimated at $287,768, approximately $299 per square foot. 1005 2nd St is a home located in Dakota County with nearby schools including Farmington Elementary School, Robert Boeckman Middle School, and Farmington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2017
Sold by
Janns John Robert and Lanns Jane M
Bought by
Johnson Michael and Johnson Sandra
Current Estimated Value
$287,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Outstanding Balance
$153,038
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$134,730

Purchase Details

Closed on
Jun 6, 2002
Sold by
Morgan Mark J
Bought by
Lanns John Robert J

Purchase Details

Closed on
Oct 24, 1997
Sold by
Wolf Richard J and Wolf Rita K
Bought by
Morgan Mark J
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Johnson Michael $185,000 Title Smart Inc
Lanns John Robert J $101,000 --
Morgan Mark J $99,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Michael $181,649
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,740 $239,200 $55,200 $184,000
2023 $2,740 $238,200 $55,300 $182,900
2022 $2,748 $233,700 $55,100 $178,600
2021 $2,664 $208,700 $48,000 $160,700
2020 $2,486 $201,800 $45,300 $156,500
2019 $2,291 $183,900 $43,200 $140,700
2018 $2,390 $168,900 $41,100 $127,800
2017 $2,660 $170,400 $39,200 $131,200
2016 $2,402 $163,000 $37,300 $125,700
2015 $1,903 $142,800 $36,000 $106,800
2014 -- $130,900 $33,600 $97,300
2013 -- $91,707 $23,411 $68,296
Source: Public Records

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