NOT LISTED FOR SALE

5159 198th St W Farmington, MN 55024

Estimated Value: $469,008 - $530,000

4 Beds
3 Baths
2,498 Sq Ft
$197/Sq Ft Est. Value

About This Home

This home is located at 5159 198th St W, Farmington, MN 55024 and is currently estimated at $491,752, approximately $196 per square foot. 5159 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
Aug 31, 2016
Sold by
Smith James R and Smaith Holly A
Bought by
Erickson Christopher A
Current Estimated Value
$491,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,900
Outstanding Balance
$244,341
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$247,411

Purchase Details

Closed on
Aug 29, 2003
Sold by
C&M Home Builders Inc
Bought by
Smith James R and Smith Holly A
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
Erickson Christopher A $322,000 Burnet Title
Smith James R $334,378 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Christopher A $305,900
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 $5,404 $433,200 $111,500 $321,700
2023 $5,404 $443,800 $111,700 $332,100
2022 $5,788 $426,700 $111,400 $315,300
2021 $4,874 $343,200 $96,800 $246,400
2020 $5,204 $344,100 $92,200 $251,900
2019 $4,824 $323,700 $87,800 $235,900
2018 $4,661 $322,300 $83,600 $238,700
2017 $4,515 $303,300 $79,600 $223,700
2016 $4,587 $286,800 $73,600 $213,200
2015 $4,181 $271,339 $68,146 $203,193
2014 -- $260,657 $63,138 $197,519
2013 -- $230,900 $55,848 $175,052
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

5159 198th St W, Farmington, MN

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