NOT LISTED FOR SALE

1016 1st St Farmington, MN 55024

Estimated Value: $225,000 - $252,444

2 Beds
2 Baths
1,497 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 22, 2015

Last sale price $77,250 $52 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $1,594/month

77 Days on Market

Highlights

  • Fireplace
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2015

BANK-OWNED FORECLOSURE. PROPERTY SOLD 'AS IS' WITHOUT REPAIRS, WARRANTY OR SELLER DISCLOSURE & MAY BE a TIME LIMIT BID auction. Buyer should have representation, inspect home and verify all dimensions. Buyer pays web tech fee and buyer premium at closing.

Last Agent to Sell the Property

Ed DonFrancesco

REALHome Services Listed on: 10/06/2014

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 1978

Lot Details

  • 1,742

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • Fireplace
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 1,742 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, snow removal

Listing and Financial Details

  • Assessor Parcel Number 148380002166

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 1978

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: TH Quad/4 Corners
  • Estimated Number of Acres: 0.04
  • Construction: Previously Owned
  • Foundation Size: 1042
  • Parcel Number: 148380002166
  • Projected Closed Date: 02/28/2015
  • Street Designation: Street
  • Taxes With Assessments: 1370
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 17x15, On Level: Main
  • Room 4: Kitchen, 13x11, On Level: Main
  • Room 5: Bedroom, 12x10, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1042
  • Below Grade Finished Sq Ft: 455
  • Total Fin Square Footage: 1497

Exterior Features

  • Exterior: Metal, Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Snow Removal
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 150

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 1572

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2014
  • Tax Value: 1370

MLS Schools

  • School District: Farmington #192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Nordstrom Kelly and Paramore Ryan
Bought by
Nordstrom Kelly and Paramore Ryan
Current Estimated Value
$236,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,439
Outstanding Balance
$126,127
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$109,984

Purchase Details

Closed on
Mar 19, 2018
Sold by
Nordstrom Christopher and Kunkel Amanda
Bought by
Nordstrom Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,704
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2015
Sold by
Lehmeyer Steve and Lehmeyer Jaime
Bought by
Nordstom Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,192
Interest Rate
3.96%
Mortgage Type
VA

Purchase Details

Listed on
Oct 6, 2014
Closed on
Jan 2, 2015
Bought by
Lehmeyer Steve Steve
Seller's Agent
Ed DonFrancesco
REALHome Services
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$80,000
Sold Price
$77,250
Premium/Discount to List
-$2,750
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Kappe Gregg A and Hanifl Kerry L
Bought by
Lamarge Deborah A

Purchase Details

Closed on
May 22, 1996
Sold by
Tupa Joel and Tupa Mich
Bought by
Allan Rappe Gregory
Source: Public Records

Range of Values:

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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
Nordstrom Kelly -- Global Closing And Ttl Svcs
Nordstrom Kelly $165,000 Global Closing & Title Servi
Nordstom Christopher $133,000 First American Title Co
Lehmeyer Steve Steve $77,300 --
Lehmeyer Steve $77,251 Premium Title Services Inc
Lamarge Deborah A $103,000 --
Allan Rappe Gregory $64,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordstrom Kelly $141,439
Closed Nordstrom Kelly $142,704
Previous Owner Nordstom Christopher $136,192
Closed Lamarge Deborah A --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2015 01/22/15 Sold $77,250 -3.4% $52 / Sq Ft
12/22/2014 12/22/14 Pending -- -- --
10/06/2014 10/06/14 For Sale $80,000 -- $53 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,286 $224,600 $35,400 $189,200
2023 $2,286 $203,600 $34,400 $169,200
2022 $2,142 $198,400 $34,300 $164,100
2021 $2,090 $169,300 $29,800 $139,500
2020 $1,984 $164,700 $26,800 $137,900
2019 $1,836 $152,800 $25,600 $127,200
2018 $1,759 $141,400 $23,700 $117,700
2017 $1,788 $133,400 $21,900 $111,500
2016 $2,140 $132,100 $20,900 $111,200
2015 $2,077 $127,200 $19,900 $107,300
2014 -- $89,963 $14,030 $75,933
2013 -- $79,063 $11,930 $67,133
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4681607

REALTOR® Association of Southern Minnesota

APN: 14-83800-02-166