NOT LISTED FOR SALE

3324 197th St W Farmington, MN 55024

Estimated Value: $368,000 - $419,000

3 Beds
3 Baths
2,266 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $352,750 $156 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,444/month

Highlights

  • 34,979 Sq Ft lot
  • Home Office
  • 4 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • 1-minute walk to Town Hall Park

About This Home

As of November 2022

There is so much to love about this special property! A spacious and comfortable home on an idyllic lot (nearly 1 acre), with 2 outbuildings and heated garages. Bring your hobbies, toys, home business and enjoy. This home is move in ready with three bedrooms upstairs and one down, with an attached 1/2 bath, perfect for guests! This home offers two living spaces, a generous kitchen, dining room, pantry, main floor 1/2 bath, and well cared for reminders of a simpler time. All of this in an award winning school district, across the street from a park in charming Empire Township, with walking paths nearby.

Last Agent to Sell the Property

Sarah Deziel

BRIX Real Estate Listed on: 09/29/2022

BRIX Real Estate

Last Buyer's Agent

Daniel Tutewohl

Keller Williams Preferred Rlty

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1963

Lot Details

  • 0.8 Acre Lot
  • Lot Dimensions are 199x175x199x175
  • Many Trees

Parking

  • 4 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Split Level Home
  • Unfinished Walls

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Radiant Heating System
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120200054020

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,084

Year Built

Built in 1963

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1564
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Partially Finished, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Living Area: 2266
  • Fireplace: No
  • Below Grade Finished Sq Ft: 702
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Unfinished

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Other Structures: Additional Garage, Workshop, Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Garage Door Opener, Heated Garage
  • Garage Square Feet: 506

Utilities

  • Heating: Baseboard, Boiler, Hot Water, Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork,Other,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictNumber: 192
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 199x175x199x175
  • Lot Size Sq Ft: 34978.68
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 120200054020
  • Tax Annual Amount: 4084
  • TaxWithAssessments: 4084.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2022
Closed on
Nov 23, 2022
Sold by
Sigrist Nathaniel and Sigrist Meredith
Bought by
Schmitz Nathan
Seller's Agent
Sarah Deziel
BRIX Real Estate
Buyer's Agent
Daniel Tutewohl
Keller Williams Preferred Rlty
List Price
$350,000
Sold Price
$352,750
Premium/Discount to List
$2,750
0.79%
Current Estimated Value
$398,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,547
Avg. Annual Appreciation
4.23%
Original Mortgage
$317,475
Outstanding Balance
$307,862
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$90,435

Purchase Details

Closed on
Apr 29, 2016
Sold by
Berthiaume Lisa Ann and Tix Mitchell Thomas
Bought by
Sigrist Meredith and Sigrist Nathaniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 9, 2012
Sold by
Tix Thomas P and Tix Shirley A
Bought by
Tix Thomas Peter and Tix Shirley Ann
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schmitz Nathan $352,750 --
Sigrist Meredith $270,400 Title Smart Inc
Tix Thomas Peter -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Nathan $317,475
Previous Owner Sigrist Meredith $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2022 11/23/22 Sold $352,750 +0.8% $156 / Sq Ft
09/29/2022 09/29/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $350,000 -- $154 / Sq Ft
Source: NorthstarMLS

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 $4,268 $388,500 $97,500 $291,000
2023 $4,268 $417,600 $92,800 $324,800
2022 $4,084 $429,700 $92,900 $336,800
2021 $4,352 $346,300 $77,400 $268,900
2020 $4,128 $361,000 $85,500 $275,500
2019 $3,955 $328,600 $81,400 $247,200
2018 $3,721 $320,600 $81,400 $239,200
2017 $3,726 $293,300 $77,600 $215,700
2016 $3,724 $288,000 $77,600 $210,400
2015 $3,013 $267,306 $72,423 $194,883
2014 -- $233,625 $64,870 $168,755
2013 -- $206,920 $58,289 $148,631
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6255591

NorthstarMLS

APN: 12-02000-54-020