503 4th St Farmington, MN 55024
Estimated Value: $281,000 - $323,000
2
Beds
2
Baths
1,519
Sq Ft
$202/Sq Ft
Est. Value
About This Home
This home is located at 503 4th St, Farmington, MN 55024 and is currently estimated at $306,552, approximately $201 per square foot. 503 4th St is a home located in Dakota County with nearby schools including Farmington Elementary School, Robert Boeckman Middle School, and Farmington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 10, 2020
Sold by
Gades Sanford and Gades La Vonne
Bought by
Lindeman Twila Sue
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
$35,000
Outstanding Balance
$30,990
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$276,129
Purchase Details
Closed on
Aug 30, 2018
Sold by
Odette Steven F and Durand Gayle Janelle Odelle
Bought by
Gades Sanford and Gades Lavonne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 1, 2004
Sold by
Farmington Development Corp
Bought by
Inouye Randy R and Inouye Barbara L
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lindeman Twila Sue | $235,000 | Dca Title | |
| Gades Sanford | $21,969 | Dca Title | |
| Inouye Randy R | $205,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lindeman Twila Sue | $35,000 | |
| Previous Owner | Gades Sanford | $165,000 |
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 | $3,094 | $278,300 | $46,200 | $232,100 |
| 2023 | $3,094 | $265,400 | $44,900 | $220,500 |
| 2022 | $3,108 | $248,000 | $44,800 | $203,200 |
| 2021 | $3,104 | $232,000 | $39,000 | $193,000 |
| 2020 | $3,272 | $230,100 | $37,000 | $193,100 |
| 2019 | $2,812 | $218,200 | $35,200 | $183,000 |
| 2018 | $2,696 | $200,500 | $32,600 | $167,900 |
| 2017 | $2,621 | $188,300 | $30,200 | $158,100 |
| 2016 | $2,538 | $179,300 | $28,800 | $150,500 |
| 2015 | $2,194 | $148,387 | $23,874 | $124,513 |
| 2014 | -- | $135,634 | $21,380 | $114,254 |
| 2013 | -- | $116,123 | $18,322 | $97,801 |
Source: Public Records
Map
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