NOT LISTED FOR SALE

5245 187th St W Farmington, MN 55024

Estimated Value: $397,000 - $409,012

4 Beds
2 Baths
1,108 Sq Ft
$366/Sq Ft Est. Value

About This Home

This home is located at 5245 187th St W, Farmington, MN 55024 and is currently estimated at $405,003, approximately $365 per square foot. 5245 187th 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
Jul 2, 2009
Sold by
Merseth Greg and Merseth Danielle
Bought by
Kodet Jonathan E and Kodet Lisa M
Current Estimated Value
$405,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,341
Outstanding Balance
$124,019
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$280,984

Purchase Details

Closed on
May 31, 2006
Sold by
Erickson Ronald S and Erickson Christina M
Bought by
Merseth Greg and Merseth Danielle
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
Kodet Jonathan E $202,000 --
Merseth Greg $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kodet Jonathan E $198,341
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 $4,214 $353,100 $90,100 $263,000
2023 $4,214 $350,800 $90,300 $260,500
2022 $4,032 $343,300 $90,000 $253,300
2021 $3,878 $292,100 $78,300 $213,800
2020 $3,872 $280,000 $74,600 $205,400
2019 $3,709 $269,500 $71,000 $198,500
2018 $3,477 $254,800 $65,400 $189,400
2017 $3,325 $234,000 $62,200 $171,800
2016 $3,262 $219,300 $59,200 $160,100
2015 $2,834 $191,769 $52,209 $139,560
2014 -- $175,855 $47,944 $127,911
2013 -- $164,737 $42,584 $122,153
Source: Public Records

Map

Minnesota Dakota County Farmington 55024

5245 187th St W, Farmington, MN

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