NOT LISTED FOR SALE

4731 198th St W Farmington, MN 55024

Estimated Value: $552,000 - $635,000

5 Beds
4 Baths
2,760 Sq Ft
$217/Sq Ft Est. Value

About This Home

This home is located at 4731 198th St W, Farmington, MN 55024 and is currently estimated at $598,994, approximately $217 per square foot. 4731 198th 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
Sep 2, 2025
Sold by
Holthusen Theodore Grant
Bought by
Theodore Grant Holthusen Living Trust and Holthusen
Current Estimated Value
$598,994

Purchase Details

Closed on
May 2, 2025
Sold by
Holthusen Erin and Holthusen Living Trust
Bought by
Holthusen Theodore Grant

Purchase Details

Closed on
Jul 31, 2018
Sold by
Miller Jeffrey and Burnside Tisha
Bought by
Holthusen Theodore G and Holthusen Erin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,800
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Mittlestaedt Brothers Construction Inc
Bought by
Burnside Jeffrey and Burnside Tisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,040
Interest Rate
5.5%
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:

Collateral Analytics

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ICE

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Theodore Grant Holthusen Living Trust $500 None Listed On Document
Holthusen Theodore Grant $500 None Listed On Document
Holthusen Theodore G $442,000 Dca Title
Burnside Jeffrey $387,793 --
Mittelstaedt Bros Construction Inc $731,980 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holthusen Theodore G $397,800
Previous Owner Burnside Jeffrey $337,040
Source: Public Records

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 $7,602 $605,800 $126,500 $479,300
2023 $7,602 $602,700 $126,700 $476,000
2022 $6,472 $571,600 $126,400 $445,200
2021 $6,444 $453,500 $119,700 $333,800
2020 $6,324 $447,800 $114,000 $333,800
2019 $6,364 $421,600 $108,600 $313,000
2018 $6,324 $415,700 $103,400 $312,300
2017 $6,365 $400,700 $98,400 $302,300
2016 $6,657 $391,800 $94,100 $297,700
2015 $6,044 $395,490 $90,554 $304,936
2014 -- $377,941 $84,042 $293,899
2013 -- $337,502 $74,804 $262,698
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

4731 198th St W, Farmington, MN

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