NOT LISTED FOR SALE

17165 Franchise Way Farmington, MN 55024

Estimated Value: $396,000 - $440,227

4 Beds
3 Baths
2,187 Sq Ft
$191/Sq Ft Est. Value

Last Sold January 18, 2023

Last sale price $372,000 $170 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,589/month

37 Days on Market

Highlights

  • Deck
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2023

Fabulous 4 bedroom/3 bathroom home completely renovated from floor to ceiling; in a great neighborhood just minutes from Dodd Trail Park, shopping, etc. Updated eat-in kitchen w/granite countertops, LVP flooring, & LG stainless appliances. BRAND NEW: ROOF/Architectural shingles - DRIVEWAY - ELECTRICAL PANEL - DECK FLOOR & STEPS - CASEMENT WINDOWS - CARPET - PLANK FLOORING – APPLIANCES - LIGHT FIXTURES – 2 BATHROOMS (vanity/sink/faucet/toilet on main floor – Fresh Paint (walls & ceilings) - Exterior (fresh paint on soffits & fascia). 3 bedrooms on the main level; include master suite with 3⁄4 newly renovated bath; large lower level bedroom/office has double closets and new casement windows. Tons of storage space in the laundry room that could be finished off as a craft area/workshop. More storage under the steps. Deck off the dining room has all new flooring & steps; w/chain link fence, perennial’s, and mature trees. This home has it ALL and is move in ready.

Last Agent to Sell the Property

Kris Jensen

KJ Realty LLC Brokerage Phone: 651-600-1179 Listed on: 11/15/2022

Last Buyer's Agent

Jason Voerster

National Realty Guild

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,166

Year Built

  • Built in 1980

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 130
  • Chain Link Fence
  • Few Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home
  • Architectural Shingle Roof

Interior Spaces

  • Brick Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dodd Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222085003270

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,166

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water - In Street
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1251
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Attribution Contact: 651-600-1179
  • Attribution Contact: 651-600-1179
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Sump Pump
  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Brick, Family Room
  • Living Area: 2187
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 936
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle
  • Fencing: Chain Link
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer - In Street
  • Electric: 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Dakota Electric Association

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 85 x 130
  • Lot Size Sq Ft: 11020.68
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 222085003270
  • Tax Annual Amount: 4166
  • TaxWithAssessments: 4454.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 16, 2023
Sold by
Jensen Real Estate Solutions Inc
Bought by
Nelson Alison
Seller's Agent
Kris Jensen
KJ Realty LLC
Buyer's Agent
Jason Voerster
National Realty Guild
List Price
$385,000
Sold Price
$372,000
Premium/Discount to List
-$13,000
-3.38%
Views
18
Current Estimated Value
$416,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,807
Avg. Annual Appreciation
4.18%
Original Mortgage
$364,560
Outstanding Balance
$353,058
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$63,749

Purchase Details

Closed on
Aug 4, 2022
Sold by
Cavanagh Thomas and Cavanagh Catherine
Bought by
Jensen Real Estate Solutions Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,450
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2002
Sold by
Swenson Bruce and Swenson Wanda
Bought by
Cavanagh Thomas and Cavanagh Catherine
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
Nelson Alison $372,000 --
Jensen Real Estate Solutions Inc $260,600 --
Cavanagh Thomas $700,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Alison $364,560
Previous Owner Jensen Real Estate Solutions Inc $195,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2023 01/18/23 Sold $372,000 -0.8% $170 / Sq Ft
12/22/2022 12/22/22 Pending -- -- --
12/08/2022 12/08/22 Price Changed $374,900 -1.3% $171 / Sq Ft
12/02/2022 12/02/22 Price Changed $379,900 -1.3% $174 / Sq Ft
11/15/2022 11/15/22 For Sale $385,000 -- $176 / Sq Ft
Source: NorthstarMLS

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 $4,748 $432,700 $76,400 $356,300
2023 $4,748 $440,900 $76,200 $364,700
2022 $4,454 $399,800 $76,000 $323,800
2021 $4,136 $336,700 $66,100 $270,600
2020 $4,236 $303,700 $60,000 $243,700
2019 $4,026 $300,600 $57,100 $243,500
2018 $3,851 $284,100 $54,400 $229,700
2017 $3,586 $257,500 $51,800 $205,700
2016 $3,483 $241,300 $49,300 $192,000
2015 $3,146 $209,427 $44,329 $165,098
2014 -- $201,034 $42,855 $158,179
2013 -- $182,395 $38,561 $143,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6309542

NorthstarMLS

APN: 22-20850-03-270