NOT LISTED FOR SALE

16674 Farrago Trail Farmington, MN 55024

Estimated Value: $556,000 - $562,646

4 Beds
4 Baths
2,318 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 16674 Farrago Trail, Farmington, MN 55024 and is currently estimated at $560,162, approximately $241 per square foot. 16674 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
Sep 22, 2017
Sold by
Smith Mark J and Smith Shannon M
Bought by
Sua Frederik
Current Estimated Value
$560,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,405
Outstanding Balance
$293,132
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$267,030

Purchase Details

Closed on
Dec 4, 2015
Sold by
Baker Bryan and Baker Sarah
Bought by
Smith Mark J and Smith Shannon M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2010
Sold by
Thompson Gregory K and Thompson Susan L
Bought by
Baker Bryan and Baker Sarah

Purchase Details

Closed on
May 7, 2002
Sold by
D R Horton Inc - Minnesota
Bought by
Thompson Gregory K and Elliot Susan L
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
Sua Frederik $369,900 Burnet Title
Smith Mark J $330,000 Burnet Title
Baker Bryan $299,000 --
Thompson Gregory K $284,534 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sua Frederik $351,405
Previous Owner Smith Mark J $324,022
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 $5,638 $522,200 $96,000 $426,200
2023 $5,638 $529,100 $95,700 $433,400
2022 $4,612 $502,100 $95,400 $406,700
2021 $4,442 $421,200 $83,000 $338,200
2020 $4,488 $392,200 $79,000 $313,200
2019 $4,098 $385,400 $75,300 $310,100
2018 $3,959 $369,000 $71,700 $297,300
2017 $4,148 $347,700 $68,200 $279,500
2016 $3,965 $335,100 $65,000 $270,100
2015 $3,837 $318,972 $61,589 $257,383
2014 -- $311,778 $59,688 $252,090
2013 -- $288,016 $54,244 $233,772
Source: Public Records

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