NOT LISTED FOR SALE

16558 Farrago Trail Farmington, MN 55024

Estimated Value: $499,000 - $521,000

5 Beds
3 Baths
2,930 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 16, 2012

Last sale price $295,000 $101 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,228/month

40 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 3 Car Attached Garage
  • Scott Highlands Middle School Rated A-
  • Wood Flooring
  • 5-minute walk to Fieldstone Park

About This Home

As of August 2012

Large eat-in kitchen with center island. Main floor 4 season porch walks out to deck, flat backyard & park. Master bedroom has private full bathroom. Lower level Family Room with stone fireplace & plenty of room for play/game area. NEW ROOF 7/12.

Last Agent to Sell the Property

Scott Skjei

Edina Realty, Inc. Listed on: 07/05/2012

Co-Listed By

Michele Skjei

Edina Realty, Inc.

Last Buyer's Agent

Suellen Thomas

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,552

Year Built

  • 1999

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 94x163x114
  • Sprinkler System
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 4-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 222098104010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,552

Year Built

1999

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Inground Sprinkler System
  • Estimated Number of Acres: 0.37
  • Construction: Previously Owned
  • Foundation Size: 1773
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 222098104010
  • Stories: 4+ Level Split
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x13, On Level: Upper
  • Room 3: Family Room, 30x12, On Level: Lower
  • Room 4: Kitchen, 15x12, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 12x9, On Level: Upper
  • Room 8: Bedroom, 14x11, On Level: Lower
  • Room 9: Bedroom, 13x11, On Level: Lower
  • Room 10: Sunroom/Solarium, 15x11, On Level: Main
  • Room 11: Deck, 16x12, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1750
  • Below Grade Finished Sq Ft: 1180
  • Total Fin Square Footage: 2930

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Lot Info

  • Estimated Lot Dimensions: 94x163x114
  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Ackerman Eric and Ackerman Alicia Rose
Bought by
Ackerman Eric and Ackerman Alicia Rose
Current Estimated Value
$509,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Outstanding Balance
$355,652
Interest Rate
3.05%
Mortgage Type
VA
Estimated Equity
$154,279

Purchase Details

Closed on
Mar 11, 2020
Sold by
Degracia Lisseth
Bought by
Ackerman Eric and Ackerman Alicia Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 15, 2017
Sold by
Levang Michael P and Levang Stacy
Bought by
Degracia Lisseth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,166
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 5, 2012
Closed on
Aug 11, 2012
Sold by
Smith Ryan L and Smith Leslie D
Bought by
Levang Michael P and Levang Stacy
Seller's Agent
Scott Skjei
Edina Realty, Inc.
Buyer's Agent
Suellen Thomas
Edina Realty, Inc.
List Price
$289,000
Sold Price
$295,000
Premium/Discount to List
$6,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$289,656
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2007
Sold by
Kelly Charles J and Kelly Jodi M
Bought by
Smith Ryan L and Smith Leslie D

Purchase Details

Closed on
Jul 1, 1999
Sold by
College City Homes Inc
Bought by
Kelly Charles J and Kelly Jodi M

Purchase Details

Closed on
Jun 4, 1999
Sold by
North Suburban Development Inc
Bought by
College City Homes Inc

Purchase Details

Closed on
May 17, 1999
Sold by
North Suburban Development Inc
Bought by
Parish Marketing & Development
Source: Public Records

Range of Values:

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Average Value
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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
Ackerman Eric -- Stewart Title Guaranty Co
Ackerman Eric $370,000 On Site Title
Degracia Lisseth $348,000 Liberty Title Inc
Levang Michael P $295,000 Edina Realty Title Inc
Smith Ryan L $355,000 --
Kelly Charles J $41,900 --
College City Homes Inc $42,738 --
College City Homes Inc $36,618 --
Parish Marketing & Development $47,838 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ackerman Eric $387,000
Closed Ackerman Eric $370,000
Previous Owner Degracia Lisseth $338,166
Previous Owner Levang Michael P $289,656
Closed College City Homes Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2012 08/16/12 Sold $295,000 +2.1% $101 / Sq Ft
08/14/2012 08/14/12 Pending -- -- --
07/05/2012 07/05/12 For Sale $289,000 -- $99 / 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 $6,552 $482,700 $90,000 $392,700
2023 $6,552 $497,800 $89,700 $408,100
2022 $4,412 $478,100 $89,400 $388,700
2021 $4,266 $402,900 $77,700 $325,200
2020 $6,128 $377,800 $74,000 $303,800
2019 $3,995 $370,300 $70,500 $299,800
2018 $3,724 $360,400 $67,100 $293,300
2017 $3,687 $328,700 $63,900 $264,800
2016 $3,643 $311,500 $60,800 $250,700
2015 $3,503 $292,485 $57,143 $235,342
2014 -- $283,983 $55,409 $228,574
2013 -- $262,074 $50,201 $211,873
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Scott Skjei

    Edina Realty, Inc.

  • M

    Seller Co-Listing Agent in 2012

    Michele Skjei

    Edina Realty, Inc.

  • S

    Buyer's Agent in 2012

    Suellen Thomas

    Edina Realty, Inc.

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4341913

REALTOR® Association of Southern Minnesota

APN: 22-20981-04-010

Minnesota Dakota County Farmington 55024

16558 Farrago Trail, Farmington, MN

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