NOT LISTED FOR SALE

4706 198th St W Farmington, MN 55024

Estimated Value: $538,000 - $594,000

4 Beds
2.5 Baths
2,698 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $547,000 $203 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,463/month

11 Days on Market

Highlights

  • Home fronts a pond
  • Home Office
  • The kitchen features windows
  • No HOA
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of June 2023

Why buy new? This beautiful previously-loved home in the Parkview Ponds neighborhood of Farmington comes with all the upgrades ready to enjoy! You’ll love the wide open layout on the main level. The kitchen features knotty alder cabinetry with pullout drawers, granite counters, and stainless appliances. Walk out to the big deck overlooking a pond (which doubles as a hockey rink in the winter). Head upstairs and you’ll find four bedrooms, including a spacious primary suite with a huge walk-in closet complete with organizers. You’ll appreciate the walk-in closets in the other three bedrooms as well. With 2,700 finished sq ft above ground, you may not need the additional space, but the walkout lower level comes unfinished, offering a blank slate for you to add your own touches. Updates include: new garage doors, new driveway, newer water heater, fresh paint throughout most of the interior as well as exterior trim, irrigation system, upgraded carpet throughout, epoxy garage floor.

Last Agent to Sell the Property

Charles Ritt

Coldwell Banker Realty Brokerage Phone: 952-210-2841 Listed on: 04/27/2023

Coldwell Banker Realty

Co-Listed By

Nancy Ritt

Coldwell Banker Realty Brokerage Phone: 952-210-2841

Last Buyer's Agent

Lori Pistulka

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,814

Year Built

  • Built in 2011

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75x141x87x135
  • Home fronts a pond
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 2,698 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Parkview Ponds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 145680011120

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,814

Year Built

Built in 2011

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2011
  • Above Grade Finished Sq Ft: 2698
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 952-210-2841
  • Attribution Contact: 952-210-2841
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete, Unfinished, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2698
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Laundry, Office
  • SqFtTotal: 3938.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Architecural Shingle, Asphalt, Pitched
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Concrete,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 75x141x87x135
  • Lot Size Sq Ft: 10933.56
  • Land Lease: No
  • Lot Features: Tree Coverage - Light, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 145680011120
  • Tax Annual Amount: 5814
  • TaxWithAssessments: 5814.0000

Multi Family

  • WaterfrontFeatures: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 8, 2023
Sold by
Larkin Jason and Bradley Lee
Bought by
Wubben Bradley and Wubben Kendra
Seller's Agent
Charles Ritt
Coldwell Banker Realty
Buyer's Agent
Lori Pistulka
Edina Realty, Inc.
List Price
$539,900
Sold Price
$547,000
Premium/Discount to List
$7,100
1.32%
Views
57
Current Estimated Value
$563,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,407
Avg. Annual Appreciation
1.24%
Original Mortgage
$355,550
Outstanding Balance
$346,112
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$217,295

Purchase Details

Closed on
Oct 4, 2012
Sold by
Larkin Bruce W and Larkin Maxine R
Bought by
Larkin Jason M and Bradley Lee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,597
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2011
Sold by
Topaz Llc
Bought by
Larkin Jason and Larkin Bruce W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,153
Interest Rate
4.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2005
Sold by
Manley Land Development Inc
Bought by
Mittelstaedt Bros Construction Inc
Source: Public Records

Range of Values:

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Average Value
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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
Wubben Bradley $547,000 --
Larkin Jason M -- Edina Realty Title
Larkin Jason $303,854 Land Title
Mittelstaedt Bros Construction Inc $731,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wubben Bradley $355,550
Previous Owner Larkin Jason M $294,597
Previous Owner Larkin Jason $296,153
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $547,000 +1.3% $203 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $539,900 -- $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 $6,170 $510,300 $135,700 $374,600
2023 $6,170 $505,500 $136,000 $369,500
2022 $5,814 $481,700 $135,600 $346,100
2021 $5,714 $407,800 $123,300 $284,500
2020 $5,566 $398,300 $117,400 $280,900
2019 $5,671 $374,300 $111,800 $262,500
2018 $5,624 $373,600 $106,500 $267,100
2017 $5,618 $359,700 $101,400 $258,300
2016 $5,847 $349,400 $94,100 $255,300
2015 $5,211 $346,876 $89,475 $257,401
2014 -- $325,512 $82,845 $242,667
2013 -- $289,869 $73,506 $216,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6324402

NorthstarMLS

APN: 14-56800-11-120