5131 185th St W Farmington, MN 55024
Estimated Value: $340,000 - $351,000
3
Beds
2
Baths
926
Sq Ft
$375/Sq Ft
Est. Value
About This Home
This home is located at 5131 185th St W, Farmington, MN 55024 and is currently estimated at $347,148, approximately $374 per square foot. 5131 185th St W is a home located in Dakota County with nearby schools including Akin Road Elementary School, Levi P. Dodge Middle School, and Farmington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 4, 2017
Sold by
Larsen Dan
Bought by
Larsen Eric M
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
$176,400
Outstanding Balance
$118,839
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$228,309
Purchase Details
Closed on
May 3, 2004
Sold by
Hansen Timothy E and Hansen Heather J Bauermeister
Bought by
Larsen Eric M
Purchase Details
Closed on
Apr 30, 2002
Sold by
Sanders Lance S
Bought by
Hansen Timothy and Bauermeister Heather
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Larsen Eric M | -- | None Available | |
| Larsen Eric M | $230,000 | -- | |
| Hansen Timothy | $194,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Larsen Eric M | $176,400 |
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 | $3,616 | $308,000 | $68,600 | $239,400 |
| 2023 | $3,616 | $305,200 | $68,700 | $236,500 |
| 2022 | $3,448 | $308,600 | $68,500 | $240,100 |
| 2021 | $3,454 | $254,100 | $59,600 | $194,500 |
| 2020 | $3,398 | $252,700 | $56,700 | $196,000 |
| 2019 | $3,362 | $240,200 | $54,000 | $186,200 |
| 2018 | $2,997 | $219,600 | $51,400 | $168,200 |
| 2017 | $2,829 | $205,900 | $49,000 | $156,900 |
| 2016 | $2,690 | $191,100 | $46,600 | $144,500 |
| 2015 | $2,394 | $157,543 | $39,760 | $117,783 |
| 2014 | -- | $148,169 | $36,585 | $111,584 |
| 2013 | -- | $130,293 | $31,959 | $98,334 |
Source: Public Records
Map
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