NOT LISTED FOR SALE

3256 198th St W Farmington, MN 55024

Estimated Value: $394,000 - $414,476

4 Beds
2 Baths
1,940 Sq Ft
$210/Sq Ft Est. Value

About This Home

This home is located at 3256 198th St W, Farmington, MN 55024 and is currently estimated at $407,869, approximately $210 per square foot. 3256 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
Jul 27, 2022
Sold by
Phillips Raymond and Phillips Lisa
Bought by
Abraham Burt and Abraham Darla
Current Estimated Value
$407,869

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
$363,968
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$43,901

Purchase Details

Closed on
Jun 17, 2010
Sold by
Buck Kevin D and Buck Holly A
Bought by
Phillips Raymond H and Phillips Lisa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1999
Sold by
T C Construction Inc
Bought by
Buck Kevin D and Buck Holly A

Purchase Details

Closed on
Mar 9, 1999
Sold by
Arcon Development Inc
Bought by
T C Construction Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Abraham Burt $384,900 --
Phillips Raymond H $225,000 Burnet Title
Buck Kevin D $141,196 --
T C Construction Inc $37,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Burt $379,900
Previous Owner Phillips Raymond H $180,000
Closed T C Construction Inc --
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 $3,340 $354,900 $87,800 $267,100
2023 $3,340 $332,700 $83,500 $249,200
2022 $3,266 $329,100 $83,600 $245,500
2021 $3,134 $282,800 $69,700 $213,100
2020 $2,950 $268,200 $64,400 $203,800
2019 $2,941 $243,300 $61,300 $182,000
2018 $2,725 $245,900 $61,300 $184,600
2017 $2,766 $222,800 $58,400 $164,400
2016 $2,609 $221,500 $58,400 $163,100
2015 $2,309 $185,774 $51,664 $134,110
2014 -- $178,253 $46,795 $131,458
2013 -- $160,268 $42,013 $118,255
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

3256 198th St W, Farmington, MN

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