NOT LISTED FOR SALE

18850 Elgin Ave Farmington, MN 55024

Estimated Value: $465,000 - $514,000

5 Beds
3.5 Baths
3,000 Sq Ft
$164/Sq Ft Est. Value

Last Sold March 05, 2012

Last sale price $219,000 $73 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,042/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Breakfast Area or Nook
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • 5-minute walk to Silver Springs Park

About This Home

As of March 2012

Beautiful yard with paver patios, fire pit, paver driveway and sidewalks, limestone edging...wow! Nice 2 story with hardwood floors, 3 bedrooms on upper level each with walk-in closets, big eat-in kitchen with patio door to a huge deck and fenced yard!

Last Agent to Sell the Property

Kary Marpe

Edina Realty, Inc. Listed on: 01/18/2012

Last Buyer's Agent

Kathleen Laverdiere

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Fenced Yard - Full, Porch
  • Estimated Number of Acres: 0.24
  • Construction: Previously Owned
  • Foundation Size: 1100
  • Mechanicals: Water Softener-Owned
  • Stories: 2 Story
  • Street Designation: Avenue
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 13x12, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 3: Family Room, 18x13, On Level: Main
  • Room 4: Kitchen, 16x9, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Upper
  • Room 6: Bedroom, 12x9, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 13x13, On Level: Lower
  • Room 9: Laundry Room, 13x12, On Level: Main
  • Room 10: Rec Room, 16x12, On Level: Lower
  • Room 11: Den/Office, 13x13, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2120
  • Below Grade Finished Sq Ft: 880
  • Total Fin Square Footage: 3000

Exterior Features

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

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Lot Info

  • Estimated Lot Dimensions: 73x127x81x
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2012
Closed on
Mar 2, 2012
Sold by
Fortney John B and Fortney Kimberly A
Bought by
Malcolm Gregory A and Malcolm Debra J
Seller's Agent
Kary Marpe
Edina Realty, Inc.
Buyer's Agent
Kathleen Laverdiere
Keller Williams Classic Rlty NW
List Price
$224,900
Sold Price
$219,000
Premium/Discount to List
-$5,900
-2.62%
Current Estimated Value
$493,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,307
Avg. Annual Appreciation
6.13%
Original Mortgage
$213,448
Outstanding Balance
$146,554
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$346,753

Purchase Details

Closed on
Jan 15, 2001
Sold by
Cornelisen John P and Cornelisen Lesley G
Bought by
Fortney John B and Fortney Kimberly A

Purchase Details

Closed on
Feb 14, 1996
Sold by
Developmen Developmen and Developmen J
Bought by
Cornelisen John P and Cornelisen Lesley G
Source: Public Records

Range of Values:

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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
Malcolm Gregory A $219,000 Edina Realty Title Inc
Fortney John B $239,900 --
Cornelisen John P $153,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malcolm Gregory A $213,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2012 03/05/12 Sold $219,000 -2.6% $73 / Sq Ft
01/25/2012 01/25/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $224,900 -- $75 / 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 $5,358 $443,000 $95,700 $347,300
2023 $5,358 $440,000 $95,900 $344,100
2022 $5,082 $430,500 $95,700 $334,800
2021 $4,852 $360,300 $83,200 $277,100
2020 $4,924 $342,700 $79,200 $263,500
2019 $4,638 $334,500 $75,500 $259,000
2018 $4,542 $311,000 $70,400 $240,600
2017 $4,428 $296,400 $67,000 $229,400
2016 $4,407 $281,900 $63,800 $218,100
2015 $3,892 $260,548 $58,747 $201,801
2014 -- $242,454 $54,236 $188,218
2013 -- $228,829 $48,372 $180,457
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4099198

REALTOR® Association of Southern Minnesota

APN: 14-68251-03-160