NOT LISTED FOR SALE

18493 Echo Dr Farmington, MN 55024

Estimated Value: $345,000 - $361,000

4 Beds
2 Baths
1,775 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 05, 2012

Last sale price $154,000 $87 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $2,153/month

14 Days on Market

Highlights

  • Deck
  • Patio
  • Tile Flooring
  • 2 Car Attached Garage
  • Bathroom on Main Level
  • 5-minute walk to Distad Park and Greenway

About This Home

As of January 2012

BACK ON MARKET as of 10/6/11. Short sale was approved. financing fell thru. Extensively updated. Llaminate & tile flooring, very up to date, tasteful colors, newer concrete driveway. Walkout lower level updated roof & furnace. Short with only 1 bank!!

Last Agent to Sell the Property

David Moe

RE/MAX Results Listed on: 10/18/2011

Last Buyer's Agent

Matthew Underwood

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,700

Year Built

  • 1995

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 130x70x105
  • Partially Fenced Property

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,700

Year Built

1995

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Partial, Patio
  • Estimated Number of Acres: 0.14
  • Construction: Previously Owned
  • Foundation Size: 926
  • Mechanicals: Water Softener-Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 01/27/2012
  • Stories: Bi-Level Split
  • Street Designation: Drive
  • Taxes With Assessments: 2348
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath, Master Walk-Thru
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 13x11, On Level: Upper
  • Room 2: Dining Room, 12x10, On Level: Upper
  • Room 3: Family Room, 23x13, On Level: Lower
  • Room 4: Kitchen, 12x9, On Level: Upper
  • Room 5: Bedroom, 12x11, On Level: Upper
  • Room 6: Bedroom, 12x9, On Level: Upper
  • Room 7: 12x9, On Level: Lower
  • Room 8: Bedroom, 11x8, On Level: Lower
  • Room 9: Deck, 10x12, On Level: Upper
  • Room 10: Laundry Room, 11x5, On Level: Lower
  • Room 11: Patio, On Level: Lower
  • Basement Features: Drainage System, Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 926
  • Below Grade Finished Sq Ft: 849
  • Total Fin Square Footage: 1775

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 130x70x105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2020
Sold by
Twin Cities Habitat For Humanity Inc
Bought by
Omot Julius and Odiel Openo
Current Estimated Value
$351,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$235,138
Interest Rate
3.6%
Mortgage Type
Unknown
Estimated Equity
$116,721

Purchase Details

Closed on
May 20, 2019
Sold by
Baksh Shabeer Shabeer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.07%

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jan 5, 2012
Sold by
Hermanson Mark A and Hermanson Jessica A
Bought by
Baksh Shabeer A and Ally Kamini
Seller's Agent
David Moe
RE/MAX Results
Buyer's Agent
Matthew Underwood
RE/MAX Advantage Plus
List Price
$159,000
Sold Price
$154,000
Premium/Discount to List
-$5,000
-3.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$4,500
Interest Rate
3.98%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 20, 2004
Sold by
Gage John E and Gage Theresa
Bought by
Hermanson Mark A and Hermanson Jessica

Purchase Details

Closed on
Dec 15, 1998
Sold by
Renegar Robert S and Renegar Rebecca A
Bought by
Gage John E
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
Omot Julius $275,000 Land Title Inc
-- $262,500 --
Baksh Shabeer A $154,000 Trademark Title Services
Hermanson Mark A $222,323 --
Gage John E $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omot Julius $265,000
Previous Owner -- --
Previous Owner Baksh Shabeer A $4,500
Previous Owner Baksh Shabeer A $150,096
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2012 01/05/12 Sold $154,000 -3.1% $87 / Sq Ft
11/01/2011 11/01/11 Pending -- -- --
10/18/2011 10/18/11 For Sale $159,000 -- $90 / 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 $3,700 $317,200 $69,900 $247,300
2023 $3,700 $311,600 $70,000 $241,600
2022 $3,484 $314,400 $69,900 $244,500
2021 $3,468 $256,500 $60,700 $195,800
2020 $3,402 $253,600 $57,900 $195,700
2019 $3,179 $240,500 $55,100 $185,400
2018 $3,020 $222,700 $49,800 $172,900
2017 $2,803 $207,300 $47,500 $159,800
2016 $2,698 $189,700 $45,200 $144,500
2015 $2,381 $157,979 $38,547 $119,432
2014 -- $147,406 $35,416 $111,990
2013 -- $127,132 $30,856 $96,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4083868

REALTOR® Association of Southern Minnesota

APN: 14-19507-05-190