NOT LISTED FOR SALE

5075 198th St W Farmington, MN 55024

Estimated Value: $583,000 - $652,000

4 Beds
3 Baths
2,216 Sq Ft
$280/Sq Ft Est. Value

About This Home

This home is located at 5075 198th St W, Farmington, MN 55024 and is currently estimated at $621,011, approximately $280 per square foot. 5075 198th St W is a home located in Dakota County with nearby schools including Riverview Elementary School, Levi P. Dodge Middle School, and Farmington High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2017
Sold by
Collier Thomas Justin and Collier Michelle
Bought by
Gressman Cory E and Gressman Sandra D
Current Estimated Value
$621,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,200
Outstanding Balance
$362,135
Interest Rate
3.85%
Mortgage Type
VA
Estimated Equity
$258,876

Purchase Details

Closed on
Oct 29, 2004
Sold by
Pettis Dale and Pettis Leslie
Bought by
Collier Thomas J and Collier Marcia K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Gressman Cory E $424,100 Edina Realty Title Inc
Gressman Cory E $424,100 Edina Realty Title Inc
Collier Thomas J $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gressman Cory E $433,200
Closed Gressman Cory E $433,200
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 $7,468 $583,500 $133,500 $450,000
2023 $7,468 $593,600 $133,800 $459,800
2022 $6,502 $589,200 $133,400 $455,800
2021 $6,750 $455,600 $99,000 $356,600
2020 $6,426 $469,000 $94,300 $374,700
2019 $5,976 $428,400 $89,800 $338,600
2018 $5,566 $392,100 $85,500 $306,600
2017 $5,107 $356,300 $81,500 $274,800
2016 $5,728 $320,400 $74,900 $245,500
2015 $4,685 $339,791 $73,577 $266,214
2014 -- $292,376 $67,486 $224,890
2013 -- $283,438 $60,503 $222,935
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

5075 198th St W, Farmington, MN

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