NOT LISTED FOR SALE

16605 Festal Ave Farmington, MN 55024

Estimated Value: $561,000 - $586,000

4 Beds
3 Baths
3,576 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 16605 Festal Ave, Farmington, MN 55024 and is currently estimated at $571,546, approximately $159 per square foot. 16605 Festal Ave 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
Oct 21, 2015
Sold by
Rassmussen James P
Bought by
Scheff Neil and Scheff Connie M
Current Estimated Value
$571,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.78%
Mortgage Type
New Conventional
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
Scheff Neil $365,000 Edina Realty Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheff Neil $292,000
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 $6,084 $556,100 $97,200 $458,900
2023 $6,084 $565,000 $97,000 $468,000
2022 $4,910 $542,200 $96,600 $445,600
2021 $4,716 $448,400 $84,000 $364,400
2020 $4,842 $415,100 $80,000 $335,100
2019 $4,464 $413,800 $76,200 $337,600
2018 $4,359 $399,600 $72,600 $327,000
2017 $4,343 $380,100 $69,100 $311,000
2016 $4,278 $358,500 $65,800 $292,700
2015 $4,052 $344,805 $62,862 $281,943
2014 -- $329,654 $60,819 $268,835
2013 -- $301,750 $55,208 $246,542
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

16605 Festal Ave, Farmington, MN

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