18643 Explorer Way Farmington, MN 55024
Estimated Value: $446,000 - $523,000
            
                5
                Beds
            
            
            
                3
                Baths
            
            
            
                2,342
                Sq Ft
            
            
                
                    $210/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 18643 Explorer Way, Farmington, MN 55024 and is currently estimated at $492,522, approximately $210 per square foot. 18643 Explorer Way 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
            
            
                Mar 4, 2022
            
        
                Sold by
            
            
                Zillow Homes Property Trust
            
        
                Bought by
            
            
                Sitton Rocky and Sitton Yvonne
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $120,000
            
        
                Outstanding Balance
            
            
                $111,824
            
        
                Interest Rate
            
            
                3.69%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $380,698
            
        Purchase Details
                Closed on
            
            
                Sep 10, 2021
            
        
                Sold by
            
            
                Zerba Paul R and Zerba Jennifer L
            
        
                Bought by
            
            
                Zillow Homes Property Trust
            
        Purchase Details
                Closed on
            
            
                Feb 28, 2018
            
        
                Sold by
            
            
                Johnson Henry R and Johnson Nancy L
            
        
                Bought by
            
            
                Zerba Paul R and Zerba Jennifer L
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $304,000
            
        
                Interest Rate
            
            
                4.04%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Nov 23, 2004
            
        
                Sold by
            
            
                Muchura Anton G and Muchura Bonnie M
            
        
                Bought by
            
            
                Johnson Ron R and Johnson Nancy
            
        Purchase Details
                Closed on
            
            
                Mar 3, 1998
            
        
                Sold by
            
            
                Thorson Homes Inc
            
        
                Bought by
            
            
                Mechura Anton G and Mechura Bonnie M
            
        Purchase Details
                Closed on
            
            
                Mar 4, 1997
            
        
                Sold by
            
            
                Heritage Development Of Minnesota Inc
            
        
                Bought by
            
            
                Thorson Properties Inc
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Sitton Rocky | $475,000 | -- | |
| Zillow Homes Property Trust | $436,600 | Zillow Closing Svcs Tx Llc | |
| Zerba Paul R | $320,000 | Trademark Title Services Inc | |
| Johnson Ron R | $299,900 | -- | |
| Mechura Anton G | $177,000 | -- | |
| Thorson Properties Inc | $36,900 | -- | |
| -- | $436,600 | -- | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Sitton Rocky | $120,000 | |
| Previous Owner | Zerba Paul R | $304,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $5,576 | $463,800 | $103,200 | $360,600 | 
| 2023 | $5,576 | $457,800 | $103,400 | $354,400 | 
| 2022 | $5,188 | $446,600 | $100,200 | $346,400 | 
| 2021 | $5,014 | $367,200 | $87,100 | $280,100 | 
| 2020 | $4,882 | $353,200 | $83,000 | $270,200 | 
| 2019 | $4,761 | $332,000 | $79,000 | $253,000 | 
| 2018 | $4,650 | $318,500 | $75,300 | $243,200 | 
| 2017 | $4,577 | $302,700 | $71,700 | $231,000 | 
| 2016 | $4,467 | $290,300 | $68,200 | $222,100 | 
| 2015 | $4,072 | $264,145 | $62,955 | $201,190 | 
| 2014 | -- | $253,790 | $58,362 | $195,428 | 
| 2013 | -- | $229,047 | $51,754 | $177,293 | 
                Source: Public Records
                    
            
        Map
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