NOT LISTED FOR SALE

5340 198th St W Farmington, MN 55024

Estimated Value: $506,000 - $527,000

5 Beds
3.5 Baths
3,126 Sq Ft
$166/Sq Ft Est. Value

Last Sold July 20, 2012

Last sale price $261,400 $84 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,195/month

23 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • 3 Car Attached Garage
  • 4-minute walk to Vermilion Grove Playground

About This Home

As of July 2012

Attractive 2-story WO w/many nice features & updates! 5BR w/4BR up, 4BA, 3 car gar, updated eat-in kitchen w/center island, HW floor & new SS applcs, fam rm w/gas FP & built-ins, formal LR & DR, MF laundry, spacious amus rm, lg deck w/stairs & more!

Last Agent to Sell the Property

Sue Brown

Coldwell Banker Burnet Listed on: 05/12/2012

Last Buyer's Agent

Thomas LaBeau

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 2002

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 84x170x120
  • Sprinkler System
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 148250004010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,334

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Asphalt, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.33
  • Construction: Previously Owned
  • Foundation Size: 1026
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 148250004010
  • Projected Closed Date: 07/20/2012
  • Stories: 2 Story
  • Taxes With Assessments: 4334
  • Comp Dev Subdiv Name: Vermillion Grove
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 13x10, On Level: Main
  • Room 2: Dining Room, 13x9, On Level: Main
  • Room 3: Family Room, 16x13, On Level: Main
  • Room 4: Kitchen, 13x10, On Level: Main
  • Room 5: Bedroom, 14x13, On Level: Upper
  • Room 6: Bedroom, 13x11, On Level: Upper
  • Room 7: 13x10, On Level: Upper
  • Room 8: Bedroom, 12x10, On Level: Upper
  • Room 9: Dining Room, 13x9, On Level: Main
  • Room 10: Deck, 14x12, On Level: Main
  • Room 11: Bedroom, 13x12, On Level: Lower
  • Room 12: Family Room, 28x13, On Level: Lower
  • Room 13: Rec Room, 13x9, On Level: Lower
  • Room 14: Laundry Room, 9x6, On Level: Main
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2192
  • Below Grade Finished Sq Ft: 934
  • Total Fin Square Footage: 3126

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 84x170x120
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2012
  • Tax Value: 4334

MLS Schools

  • School District: Farmington #192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2012
Closed on
Jul 18, 2012
Sold by
Davis Andy and Davis Kim
Bought by
Labeau Timothy J and Labeau Rebecca L
Seller's Agent
Sue Brown
Coldwell Banker Burnet
Buyer's Agent
Thomas LaBeau
RE/MAX Advantage Plus
List Price
$264,900
Sold Price
$261,400
Premium/Discount to List
-$3,500
-1.32%
Current Estimated Value
$517,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,164
Avg. Annual Appreciation
5.26%
Original Mortgage
$248,330
Outstanding Balance
$171,905
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$345,659

Purchase Details

Closed on
May 30, 2003
Sold by
Brandl/Anderson Homes Inc
Bought by
Davis Kim and Davis Andy
Source: Public Records

Range of Values:

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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
Labeau Timothy J $261,400 Trademark Title Services
Davis Kim $309,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Labeau Timothy J $248,330
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $261,400 -1.3% $84 / Sq Ft
06/04/2012 06/04/12 Pending -- -- --
05/12/2012 05/12/12 For Sale $264,900 -- $85 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $5,678 $452,100 $116,900 $335,200
2023 $5,434 $466,300 $117,100 $349,200
2022 $5,112 $447,900 $116,800 $331,100
2021 $5,144 $362,200 $101,500 $260,700
2020 $5,036 $361,600 $96,700 $264,900
2019 $5,064 $341,500 $92,100 $249,400
2018 $4,893 $336,800 $87,700 $249,100
2017 $4,750 $316,900 $83,500 $233,400
2016 $4,733 $300,100 $73,600 $226,500
2015 $4,278 $280,059 $68,403 $211,656
2014 -- $266,761 $63,319 $203,442
2013 -- $238,312 $56,090 $182,222
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Sue Brown

    Coldwell Banker Burnet

  • T

    Buyer's Agent in 2012

    Thomas LaBeau

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4128492

REALTOR® Association of Southern Minnesota

APN: 14-82500-04-010

Minnesota Dakota County Farmington 55024

5340 198th St W, Farmington, MN

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