5123 198th St W Farmington, MN 55024
Estimated Value: $535,720 - $608,000
4
Beds
4
Baths
2,340
Sq Ft
$241/Sq Ft
Est. Value
About This Home
This home is located at 5123 198th St W, Farmington, MN 55024 and is currently estimated at $562,930, approximately $240 per square foot. 5123 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
Nov 16, 2015
Sold by
Erlenbusch Guy L and Erlenbusch Ellen R
Bought by
Erlenbusch Guy L and Erlenbusch Ellen R
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
$221,650
Outstanding Balance
$174,101
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$388,829
Purchase Details
Closed on
Mar 12, 2004
Sold by
Boldt Jeffrey A and Spinner Jody A
Bought by
Edenbusch Guy L and Berg Ellen R
Purchase Details
Closed on
May 22, 2003
Sold by
C&M Home Builders Inc
Bought by
Boldt Jeffrey A and Boldt Jody A
Purchase Details
Closed on
Nov 20, 2002
Sold by
Traditon Ventures Llc
Bought by
The Rottlund Company Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erlenbusch Guy L | -- | Attorney | |
| Edenbusch Guy L | $345,500 | -- | |
| Boldt Jeffrey A | $323,231 | -- | |
| The Rottlund Company Inc | $337,682 | -- | |
| Topaz Llc | $939,316 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erlenbusch Guy L | $221,650 |
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 | $6,170 | $490,900 | $119,100 | $371,800 |
| 2023 | $6,170 | $505,500 | $119,300 | $386,200 |
| 2022 | $5,006 | $485,500 | $119,000 | $366,500 |
| 2021 | $5,058 | $355,400 | $98,700 | $256,700 |
| 2020 | $4,886 | $356,000 | $94,000 | $262,000 |
| 2019 | $4,808 | $332,200 | $89,600 | $242,600 |
| 2018 | $4,680 | $321,300 | $85,300 | $236,000 |
| 2017 | $4,488 | $304,400 | $81,200 | $223,200 |
| 2016 | $4,598 | $285,300 | $73,600 | $211,700 |
| 2015 | $4,191 | $271,993 | $68,166 | $203,827 |
| 2014 | -- | $261,311 | $63,157 | $198,154 |
| 2013 | -- | $231,336 | $55,862 | $175,474 |
Source: Public Records
Map
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