4520 198th St W Farmington, MN 55024
Estimated Value: $606,000 - $653,000
5
Beds
4
Baths
2,697
Sq Ft
$235/Sq Ft
Est. Value
About This Home
This home is located at 4520 198th St W, Farmington, MN 55024 and is currently estimated at $634,757, approximately $235 per square foot. 4520 198th St W is a home 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
Apr 17, 2014
Sold by
Hoagland Framers Inc
Bought by
Vanpelt Wesley and Van Pelt Tanielle
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
$364,000
Interest Rate
4.31%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Vanpelt Wesley | $75,900 | Premier Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Vanpelt Wesley | $364,000 |
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 | $7,654 | $609,400 | $141,400 | $468,000 |
| 2023 | $7,654 | $606,200 | $141,700 | $464,500 |
| 2022 | $6,974 | $576,600 | $141,300 | $435,300 |
| 2021 | $6,990 | $488,700 | $125,600 | $363,100 |
| 2020 | $6,784 | $485,700 | $119,600 | $366,100 |
| 2019 | $5,962 | $452,400 | $113,900 | $338,500 |
| 2018 | $5,964 | $391,200 | $108,500 | $282,700 |
| 2017 | $5,962 | $379,600 | $103,300 | $276,300 |
| 2016 | $6,040 | $368,900 | $98,300 | $270,600 |
| 2015 | $1,530 | $358,539 | $89,758 | $268,781 |
| 2014 | -- | $77,700 | $77,700 | $0 |
| 2013 | -- | $69,800 | $69,800 | $0 |
Source: Public Records
Map
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