4585 196th St W Farmington, MN 55024
Estimated Value: $386,000 - $482,000
            
                5
                Beds
            
            
            
                3
                Baths
            
            
            
                1,384
                Sq Ft
            
            
                
                    $323/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 4585 196th St W, Farmington, MN 55024 and is currently estimated at $447,520, approximately $323 per square foot. 4585 196th 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 31, 2013
            
        
                Sold by
            
            
                Key Land Homes
            
        
                Bought by
            
            
                Phothisane Angela
            
        
                            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
            
            
                $189,050
            
        
                Outstanding Balance
            
            
                $132,437
            
        
                Interest Rate
            
            
                3%
            
        
                Mortgage Type
            
            
                Adjustable Rate Mortgage/ARM
            
        
                Estimated Equity
            
            
                $315,083
            
        Purchase Details
                Closed on
            
            
                Apr 11, 2013
            
        
                Sold by
            
            
                Builders Development & Financial Inc
            
        
                Bought by
            
            
                Key Land Homes
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $53,900
            
        
                Interest Rate
            
            
                3.46%
            
        
                Mortgage Type
            
            
                Construction
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Phothisane Angela | $241,078 | Global Closing & Title Servi | |
| Key Land Homes | $53,900 | Suburban Title | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Phothisane Angela | $189,050 | |
| Previous Owner | Key Land Homes | $53,900 | 
                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 | $4,534 | $372,300 | $118,400 | $253,900 | 
| 2023 | $4,534 | $375,200 | $118,700 | $256,500 | 
| 2022 | $4,404 | $360,300 | $118,400 | $241,900 | 
| 2021 | $4,368 | $316,300 | $115,900 | $200,400 | 
| 2020 | $4,288 | $311,500 | $110,300 | $201,200 | 
| 2019 | $4,321 | $295,200 | $105,100 | $190,100 | 
| 2018 | $4,075 | $291,900 | $100,100 | $191,800 | 
| 2017 | $4,067 | $269,000 | $95,300 | $173,700 | 
| 2016 | $4,233 | $261,400 | $88,000 | $173,400 | 
| 2015 | $3,753 | $250,084 | $85,670 | $164,414 | 
| 2014 | -- | $233,734 | $79,071 | $154,663 | 
| 2013 | -- | $33,540 | $33,540 | $0 | 
                Source: Public Records
                    
            
        Map
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