3140 198th St W Farmington, MN 55024
Estimated Value: $408,000 - $450,217
5
Beds
2
Baths
2,491
Sq Ft
$176/Sq Ft
Est. Value
About This Home
This home is located at 3140 198th St W, Farmington, MN 55024 and is currently estimated at $437,304, approximately $175 per square foot. 3140 198th St W is a home located in Dakota County with nearby schools including Riverview Elementary School, Robert Boeckman Middle School, and Farmington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 13, 2022
Sold by
Cofield Stephen and Cofield Lisa
Bought by
Fry Richard and Fry Melissa
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
$379,900
Outstanding Balance
$360,936
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$76,368
Purchase Details
Closed on
Oct 28, 1999
Sold by
Jarvi Construction Inc
Bought by
Cofield Stephen R and Cofield Lisa A
Purchase Details
Closed on
Mar 17, 1999
Sold by
Arcon Development Inc
Bought by
Jarvi Construction Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fry Richard | $379,900 | -- | |
| Cofield Stephen R | $162,820 | -- | |
| Jarvi Construction Inc | $40,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fry Richard | $379,900 | |
| Closed | Jarvi Construction Inc | -- |
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 | $4,008 | $411,300 | $83,600 | $327,700 |
| 2023 | $4,008 | $393,500 | $79,500 | $314,000 |
| 2022 | $3,908 | $388,700 | $79,600 | $309,100 |
| 2021 | $3,850 | $332,500 | $66,400 | $266,100 |
| 2020 | $3,642 | $322,700 | $64,400 | $258,300 |
| 2019 | $3,592 | $293,400 | $61,300 | $232,100 |
| 2018 | $3,255 | $293,900 | $61,300 | $232,600 |
| 2017 | $3,293 | $260,300 | $58,400 | $201,900 |
| 2016 | $3,092 | $258,000 | $58,400 | $199,600 |
| 2015 | $2,752 | $221,090 | $53,080 | $168,010 |
| 2014 | -- | $213,133 | $48,157 | $164,976 |
| 2013 | -- | $191,551 | $43,348 | $148,203 |
Source: Public Records
Map
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