NOT LISTED FOR SALE

5141 198th St W Farmington, MN 55024

Estimated Value: $509,000 - $517,000

5 Beds
3.5 Baths
3,488 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $490,000 $140 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,152/month

42 Days on Market

Highlights

  • No HOA
  • Home Office
  • The kitchen features windows
  • Game Room
  • Stainless Steel Appliances
  • 3 Car Attached Garage

About This Home

As of August 2024

Beautifully updated 2 story in the demand area. Complete new interior paint & carpet. Maple floor has just been refinished. Two story entry, kitchen has new quartz counters, stainless steel appliances,
center island, composite deck. Main floor family room with built ins and gas fireplace. Upper level
features 4 bedrooms on one level. Very large master bedroom with walk in closet, private master bath with separate shower, jetted tub, two sinks. The other 3 bedrooms are all very good sized. Lower level features look out windows and generous family room. 5th bedroom and office area on lower level.

Last Agent to Sell the Property

Debbie Nelson-Scheffler

Edina Realty, Inc. Listed on: 06/21/2024

Edina Realty, Inc.

Last Buyer's Agent

Wendy Woodbury

Keller Williams Select Realty

Keller Williams Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 2003

Lot Details

  • 9,627 Sq Ft Lot
  • Lot Dimensions are 73x130x72x138
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Home Office
  • Game Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction
  • Natural lighting in basement

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Vermillion Grove 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 148250102020

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,492

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2438
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Finished, Full, Sump Pump
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 3488
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1050
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Office

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Dakota Electric Association

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Satelite Dish,Tile Floors,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Farmington
  • SchoolDistrictPhone: 651-463-5000

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 73x130x72x138
  • Lot Size Sq Ft: 9626.76
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 148250102020
  • Tax Annual Amount: 5492
  • TaxWithAssessments: 5492.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Aug 27, 2024
Sold by
Roldan Carlos and Wenstrom Robyn
Bought by
Hogan Scott and Ehrecke Kelsey
Seller's Agent
Debbie Nelson-Scheffler
Edina Realty, Inc.
Buyer's Agent
Wendy Woodbury
Keller Williams Select Realty
List Price
$500,000
Sold Price
$490,000
Premium/Discount to List
-$10,000
-2%
Views
84
Current Estimated Value
$512,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,209
Avg. Annual Appreciation
3.86%
Original Mortgage
$475,300
Outstanding Balance
$470,369
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$41,840

Purchase Details

Closed on
Feb 22, 2016
Sold by
Senne Ashley and Senne Kyle
Bought by
Angulo Roldan Carlos D and Angulo Wenstrom Robyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,371
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2010
Sold by
Estoremasters Llc
Bought by
Pehler Ashley

Purchase Details

Closed on
Feb 9, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Estoremasters Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Carrell Jody and Carrell Everett Brandon
Bought by
Haniff Asroff Ally and Haniff Shazlia

Purchase Details

Closed on
Dec 9, 2003
Sold by
Mattamy Minneapolis Partnership
Bought by
Reynolds Jody
Source: Public Records

Range of Values:

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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
Hogan Scott $490,000 --
Angulo Roldan Carlos D $337,078 Midland Title
Pehler Ashley $265,000 --
Estoremasters Llc $153,300 --
Haniff Asroff Ally $361,500 --
Reynolds Jody $335,173 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Scott $475,300
Previous Owner Angulo Roldan Carlos D $303,371
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $490,000 0.0% $140 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/23/2024 07/23/24 Off Market $490,000 -- --
07/16/2024 07/16/24 Price Changed $485,000 -3.0% $139 / Sq Ft
06/21/2024 06/21/24 For Sale $500,000 -- $143 / Sq Ft
Source: NorthstarMLS

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 $5,492 $437,300 $108,200 $329,100
2023 $5,492 $451,000 $108,400 $342,600
2022 $4,918 $433,100 $108,200 $324,900
2021 $4,976 $349,700 $94,000 $255,700
2020 $4,876 $350,800 $89,500 $261,300
2019 $4,947 $331,600 $85,200 $246,400
2018 $4,782 $329,800 $81,200 $248,600
2017 $4,661 $310,400 $77,300 $233,100
2016 $4,685 $295,100 $66,100 $229,000
2015 $4,280 $277,225 $61,307 $215,918
2014 -- $266,870 $56,913 $209,957
2013 -- $236,350 $50,377 $185,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6555341

NorthstarMLS

APN: 14-82501-02-020