NOT LISTED FOR SALE

1226 240th St W Farmington, MN 55024

Estimated Value: $407,000

3 Beds
1 Bath
2,072 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $370,000 $179 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,545/month

10 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • The kitchen features windows
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Discover serenity in this fantastic multi-level home nestled on 1.5 acres of lush, tree-lined landscape, featuring beautiful gardens and expansive green spaces. Located just on the outskirts of Farmington, this property offers the perfect balance of tranquility and convenient access for commuters.
This home boasts abundant natural light throughout, with a kitchen that seamlessly flows into the dining and living room areas, creating an open and inviting atmosphere. Storage is ample with a detached 26x24, two-stall heated garage, which also includes additional storage below.
Evenings here are a delight, whether you are dining on the private deck or sitting by the fire on the secluded patio. With its impressive updates, spacious layout, and desirable location, this home is must-see. Don’t miss your opportunity to make it yours today!

Last Agent to Sell the Property

Jason Dahlmeir

LPT Realty, LLC Listed on: 06/19/2024

Last Buyer's Agent

Drew Bauer

Minnesota Realty Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1976

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 312x209x312x209

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Parking Garage Space

Home Design

  • Split Level Home
  • Flex
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Partial Basement

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Propane
  • Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070150025012

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 1316
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 2072
  • Fireplace: No
  • Below Grade Finished Sq Ft: 756
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Flex Room, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Covered, Detached, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Parking Garage

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Electric: 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Natural Woodwork,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 312x209x312x209
  • Lot Size Sq Ft: 65340
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 070150025012
  • Tax Annual Amount: 2066
  • TaxWithAssessments: 2066.0000

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $370,000 -3.9% $179 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $384,900 -- $186 / Sq Ft
Source: NorthstarMLS

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
2022 $2,066 $386,400 $85,000 $301,400
2021 $1,614 $310,200 $70,800 $239,400
2020 $1,390 $303,600 $70,800 $232,800
2019 $1,115 $276,000 $67,400 $208,600
2018 $904 $251,100 $53,400 $197,700
2017 $821 $229,700 $48,600 $181,100
2016 $822 $220,400 $48,600 $171,800
2015 $2,246 $67,800 $12,400 $55,400
2014 -- $201,047 $44,862 $156,185
2013 -- $150,458 $38,619 $111,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6556569

NorthstarMLS

APN: 07-01500-25-012