NOT LISTED FOR SALE

18055 Echo Terrace Farmington, MN 55024

Estimated Value: $328,891 - $337,000

3 Beds
2 Baths
960 Sq Ft
$347/Sq Ft Est. Value

About This Home

This home is located at 18055 Echo Terrace, Farmington, MN 55024 and is currently estimated at $333,223, approximately $347 per square foot. 18055 Echo Terrace is a home located in Dakota County with nearby schools including Meadowview Elementary School, Robert Boeckman Middle School, and Farmington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2019
Sold by
Zempel Rachel and Zempel Cody
Bought by
Wetch Michael A and Connor Bailey L
Current Estimated Value
$333,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Outstanding Balance
$192,703
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$140,520

Purchase Details

Closed on
Jun 29, 2015
Sold by
Koch Kory T and Koch Jessica D
Bought by
Pond Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,431
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2004
Sold by
Hoang Dien L and Hoang Dung T
Bought by
Koch Kory T and Koch Jessica D

Purchase Details

Closed on
Jul 26, 2001
Sold by
Walz Edward R and Walz Christin
Bought by
Hoang Dien and Hoang Dung
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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
Wetch Michael A $245,000 Global Closing & Title Svcs
Pond Rachel $197,000 Gibraltar Title
Koch Kory T $207,000 --
Hoang Dien $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wetch Michael A $220,000
Previous Owner Pond Rachel $193,431
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 $3,170 $271,900 $68,400 $203,500
2023 $3,170 $271,100 $68,500 $202,600
2022 $3,072 $276,200 $68,400 $207,800
2021 $3,024 $229,700 $59,400 $170,300
2020 $2,974 $224,900 $56,600 $168,300
2019 $2,804 $214,000 $53,900 $160,100
2018 $2,602 $200,000 $51,300 $148,700
2017 $2,491 $182,800 $48,900 $133,900
2016 $2,364 $172,000 $46,500 $125,500
2015 $2,057 $137,923 $38,622 $99,301
2014 -- $127,023 $35,317 $91,706
2013 -- $111,000 $30,770 $80,230
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

18055 Echo Terrace, Farmington, MN

This home is located at 18055 Echo Terrace, Farmington, MN 55024 and is currently estimated at $333,223, approximately $347 per square foot. 18055 Echo Terrace is a home located in Dakota County with nearby schools including Meadowview Elementary School, Robert Boeckman Middle School, and Farmington High School.

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