NOT LISTED FOR SALE

17095 Franchise Way Farmington, MN 55024

Estimated Value: $377,000 - $391,000

3 Beds
2 Baths
1,709 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $193,000 $113 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,318/month

12 Days on Market

Highlights

  • Heated Floors
  • 2 Car Attached Garage
  • Landscaped with Trees
  • Deck
  • Woodwork
  • Bathroom on Main Level

About This Home

As of May 2014

Nicely updated home conveniently located near shopping, schools & parks. 3BRs on one level, updated baths, kitchen, 6 panel doors, in floor heat in LL bath, roof 2012, furnace/water heater/softener 2008.

Last Agent to Sell the Property

Jessica Gorres

Coldwell Banker Burnet Listed on: 03/29/2014

Last Buyer's Agent

Brian Hurt

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,548

Year Built

  • 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 86x129
  • Landscaped with Trees

Home Design

  • Bi-Level Home
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Dining Room
  • Finished Basement
  • Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 222085003170

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,548

Year Built

1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Tiled Floors
  • Amenities Exterior: Deck, Driveway - Asphalt
  • Estimated Number of Acres: 0.25
  • Assessment Balance: 346.52
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1152
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 222085003170
  • Projected Closed Date: 05/16/2014
  • Stories: Bi-Level Split
  • Street Designation: Way
  • Taxes With Assessments: 2453.16
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x13, On Level: Upper
  • Room 2: Dining Room, 11x9, On Level: Upper
  • Room 3: Family Room, 14x13, On Level: Lower
  • Room 4: Kitchen, 9x9, On Level: Upper
  • Room 5: Bedroom, 14x11, On Level: Upper
  • Room 6: Bedroom, 11x10, On Level: Upper
  • Room 7: 10x10, On Level: Upper
  • Room 9: Deck, 14x12, On Level: Upper
  • Basement Features: Drainage System, Finished
  • Finished Above Grade Sq Ft: 1196
  • Below Grade Finished Sq Ft: 513
  • Total Fin Square Footage: 1709

Exterior Features

  • Frontage Road: City, Sidewalk
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor
  • Sewer: City
  • Water: City

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 86x129
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2014
Closed on
May 16, 2014
Sold by
Ketcher Kevin J and Ketcher Laura B
Bought by
Kalsow Wesley P
Seller's Agent
Jessica Gorres
Coldwell Banker Burnet
Buyer's Agent
Brian Hurt
RE/MAX Results
List Price
$187,500
Sold Price
$193,000
Premium/Discount to List
$5,500
2.93%
Current Estimated Value
$384,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,347
Avg. Annual Appreciation
6.20%
Original Mortgage
$183,350
Outstanding Balance
$139,786
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$244,561

Purchase Details

Closed on
May 2, 2008
Sold by
Hsbc Mortgage Services Inc
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Hidalgo Tamara M
Bought by
Rairdin Mike and Young Michele

Purchase Details

Closed on
Dec 30, 1999
Sold by
Bauer Gayle A and Bauer Dale G
Bought by
Hidalgo Tamara M

Purchase Details

Closed on
Feb 12, 1996
Sold by
Ward Marcella D
Bought by
Nelson Gayle A
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
Kalsow Wesley P $193,000 Burnet Title
Not Provided $165,000 --
Rairdin Mike $215,000 --
Hidalgo Tamara M $121,000 --
Nelson Gayle A $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalsow Wesley P $183,350
Previous Owner Not Provided $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $193,000 +2.9% $113 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
03/29/2014 03/29/14 For Sale $187,500 -- $110 / 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 $3,548 $334,100 $74,200 $259,900
2023 $3,548 $335,300 $74,000 $261,300
2022 $3,268 $319,200 $73,700 $245,500
2021 $2,996 $270,500 $64,100 $206,400
2020 $3,060 $243,500 $58,200 $185,300
2019 $2,906 $240,500 $55,500 $185,000
2018 $2,663 $228,700 $52,800 $175,900
2017 $2,589 $208,100 $50,300 $157,800
2016 $2,444 $197,700 $47,900 $149,800
2015 $2,147 $161,358 $41,181 $120,177
2014 -- $153,074 $39,627 $113,447
2013 -- $142,283 $35,765 $106,518
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4595941

REALTOR® Association of Southern Minnesota

APN: 22-20850-03-170