NOT LISTED FOR SALE

3460 197th St W Farmington, MN 55024

Estimated Value: $363,000 - $382,000

3 Beds
1.5 Baths
1,874 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $357,175 $191 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,244/month

39 Days on Market

Highlights

  • 31,668 Sq Ft lot
  • No HOA
  • 2 Car Attached Garage
  • Deck
  • The kitchen features windows
  • 2-minute walk to Town Hall Park

About This Home

As of December 2023

This stunning split entry home is located in a prime Farmington neighborhood and sits on a huge 3/4 acre lot, offering ample space and privacy. The exterior features an additional shed, providing extra storage options for all your lawn equipment. Inside, the home boasts beautiful interior spaces featuring an updated kitchen with gleaming white cabinetry and granite countertops and look through to the main living room with masonry fireplace. The dinette boasts trending pendant lighting and access to the spacious deck. The open floor plan creates a seamless flow between the spacious rooms, which are bathed in natural light, thanks to large windows. The remodeled bathrooms add a touch of luxury, and the convenience of having three bedrooms all on one level enhances the functionality of the home. The stunning primary bedroom boasts a huge walk-in closet with lovely accent wall and walk through to the full bath. Two additional bedrooms plus laundry and mechanicals are found on this level.

Last Agent to Sell the Property

Patti Iverson

Coldwell Banker Realty Brokerage Phone: 612-414-7100 Listed on: 10/17/2023

Coldwell Banker Realty

Co-Listed By

Nicholas Thull

Coldwell Banker Realty Brokerage Phone: 612-414-7100

Last Buyer's Agent

Elizabeth Gust

Pemberton RE

Pemberton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,508

Year Built

  • Built in 1977

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 125 x 252
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Vinyl Siding

Interior Spaces

  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 120200052013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,508

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 1054
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 612-414-7100
  • Attribution Contact: 612-414-7100
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Living Room
  • Living Area: 1874
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 820
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 125 x 252
  • Lot Size Sq Ft: 31668.12
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 120200052013
  • Tax Annual Amount: 3508
  • TaxWithAssessments: 3508.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2020
Sold by
Ballstadt Tammy L
Bought by
Janka Lucas
Current Estimated Value
$374,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Outstanding Balance
$228,142
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$146,260

Purchase Details

Closed on
Aug 20, 2012
Sold by
Balsley Kevin C and Balsley Michelle D
Bought by
Ballstadt Tammy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,884
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 25, 2003
Sold by
Pacholl Michael and Pacholl Angela
Bought by
Balsley Kevin and Balsley Michelle

Purchase Details

Closed on
Jan 9, 1996
Sold by
Thorne Paul R
Bought by
Pachoil Michael S
Source: Public Records

Range of Values:

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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
Janka Lucas $270,000 Titlesmart Inc
Ballstadt Tammy L $172,000 Fatco
Balsley Kevin $194,500 --
Pachoil Michael S $94,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janka Lucas $256,500
Previous Owner Ballstadt Tammy L $168,884
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $357,175 -0.8% $191 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/03/2023 11/03/23 Price Changed $359,900 -4.0% $192 / Sq Ft
10/20/2023 10/20/23 For Sale $375,000 -- $200 / 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 $3,356 $315,900 $95,700 $220,200
2023 $3,508 $334,100 $91,000 $243,100
2022 $3,334 $342,300 $91,100 $251,200
2021 $3,254 $278,500 $75,900 $202,600
2020 $3,086 $277,300 $75,500 $201,800
2019 $2,961 $253,200 $71,900 $181,300
2018 $2,772 $247,400 $71,900 $175,500
2017 $2,827 $226,100 $68,500 $157,600
2016 $2,855 $225,700 $68,500 $157,200
2015 $2,327 $203,759 $61,561 $142,198
2014 -- $179,670 $55,075 $124,595
2013 -- $160,486 $49,278 $111,208
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6441094

NorthstarMLS

APN: 12-02000-52-013