NOT LISTED FOR SALE

16558 Farrago Trail Farmington, MN 55024

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

5 Beds
3 Baths
1,773 Sq Ft
$288/Sq Ft Est. Value

About This Home

This home is located at 16558 Farrago Trail, Farmington, MN 55024 and is currently estimated at $509,931, approximately $287 per square foot. 16558 Farrago Trail is a home located in Dakota County with nearby schools including Parkview Elementary School, Scott Highlands Middle School, and Rosemount Senior High School.

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

Closed on
Aug 11, 2012
Sold by
Smith Ryan L and Smith Leslie D
Bought by
Levang Michael P and Levang Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
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

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

Map

Minnesota Dakota County Farmington 55024

16558 Farrago Trail, Farmington, MN

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