4578 198th St W Farmington, MN 55024
Estimated payment $3,665/month
Highlights
- Deck
- Great Room
- No HOA
- 1 Fireplace
- Mud Room
- Den
About This Home
A large and spacious two story nestled on the shore of an expansive neighborhood pond. Property features 6 bedrooms, two upper level full baths (incl main bedroom private bath), a lower level 3/4 bath and main floor 1/2 bath. Additional property features include a fenced yard, high ceiling den/office, a grand mudroom off garage access, a 3 stall attached garage, large deck, and a walk out lower level. Recent updates make the property move-in ready!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,866
Year Built
- Built in 2012
Lot Details
- 10,106 Sq Ft Lot
- Property is Fully Fenced
- Chain Link Fence
Parking
- 3 Car Attached Garage
Interior Spaces
- 2-Story Property
- 1 Fireplace
- Mud Room
- Great Room
- Living Room
- Dining Room
- Den
- The kitchen features windows
Bedrooms and Bathrooms
- 6 Bedrooms
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
- Natural lighting in basement
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 145125006280
Map
Home Values in the Area
Average Home Value in this Area
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 | $6,482 | $499,500 | $141,400 | $358,100 |
| 2023 | $6,482 | $501,600 | $141,700 | $359,900 |
| 2022 | $5,576 | $478,500 | $141,300 | $337,200 |
| 2021 | $5,472 | $392,400 | $129,400 | $263,000 |
| 2020 | $5,386 | $382,700 | $123,200 | $259,500 |
| 2019 | $5,511 | $363,200 | $117,300 | $245,900 |
| 2018 | $5,379 | $363,900 | $111,700 | $252,200 |
| 2017 | $5,336 | $345,400 | $106,400 | $239,000 |
| 2016 | $5,593 | $333,400 | $101,200 | $232,200 |
| 2015 | $4,977 | $331,725 | $93,981 | $237,744 |
| 2014 | -- | $310,797 | $86,922 | $223,875 |
| 2013 | -- | $282,900 | $76,800 | $206,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $569,900 | -1.7% | $169 / Sq Ft |
| 08/15/2025 08/15/25 | Price Changed | $579,900 | -1.5% | $172 / Sq Ft |
| 07/15/2025 07/15/25 | Price Changed | $588,900 | -0.7% | $174 / Sq Ft |
| 07/03/2025 07/03/25 | For Sale | $592,900 | 0.0% | $175 / Sq Ft |
| 06/26/2025 06/26/25 | Off Market | $592,900 | -- | -- |
| 06/12/2025 06/12/25 | Price Changed | $592,900 | -1.7% | $175 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $602,900 | +62.9% | $178 / Sq Ft |
| 05/30/2013 05/30/13 | Sold | $370,000 | +4.3% | $127 / Sq Ft |
| 04/16/2013 04/16/13 | Pending | -- | -- | -- |
| 03/28/2013 03/28/13 | For Sale | $354,900 | -- | $122 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $422,475 | Burnet Title | |
| Warranty Deed | $370,000 | Suburban Title Inc | |
| Limited Warranty Deed | $66,900 | Suburban Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $401,353 | New Conventional | |
| Previous Owner | $345,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6719467
APN: 14-51250-06-280
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