NOT LISTED FOR SALE

16615 Festal Ave Farmington, MN 55024

Estimated Value: $505,000 - $543,557

4 Beds
4 Baths
2,302 Sq Ft
$231/Sq Ft Est. Value

About This Home

This home is located at 16615 Festal Ave, Farmington, MN 55024 and is currently estimated at $531,639, approximately $230 per square foot. 16615 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
Jun 3, 2025
Sold by
Olson James H and Olson Karen A
Bought by
Olson Benjamin J and Olson Emily J
Current Estimated Value
$531,639

Purchase Details

Closed on
May 28, 1999
Sold by
College City Homes
Bought by
Olson James H and Olson Karen A

Purchase Details

Closed on
Feb 15, 1999
Sold by
North Suburban Development Inc
Bought by
College City Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Olson Benjamin J $500,000 --
Olson James H $240,571 --
College City Homes Inc $43,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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 $5,678 $521,700 $97,200 $424,500
2023 $5,678 $532,400 $97,000 $435,400
2022 $4,608 $505,200 $96,600 $408,600
2021 $4,360 $420,800 $84,000 $336,800
2020 $4,474 $385,500 $80,000 $305,500
2019 $4,183 $384,300 $76,200 $308,100
2018 $4,043 $376,100 $72,600 $303,500
2017 $4,014 $354,500 $69,100 $285,400
2016 $4,031 $336,700 $65,800 $270,900
2015 $3,595 $324,531 $62,481 $262,050
2014 -- $291,722 $60,026 $231,696
2013 -- $266,761 $54,423 $212,338
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

16615 Festal Ave, Farmington, MN

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