NOT LISTED FOR SALE

5374 188th St W Farmington, MN 55024

Estimated Value: $397,000 - $411,000

3 Beds
2 Baths
2,024 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $365,000 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,469/month

11 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • Home Office
  • 4-minute walk to Silver Springs Park

About This Home

As of February 2023

This move-in ready home is a rare find in a desirable neighborhood! This home boasts many unique
features throughout that make it a must-see! The large deck overlooks a private fenced-in backyard perfect for entertaining. The above-ground pool is just what you need on those hot summer days. Pack it away at the end of the summer to expose the sandy fire pit for cozy fall fires. So many updates including new roof, driveway with extended side parking, gutters, resurfaced deck, new flooring, new windows, new mechanicals, and the list goes on, all with transferrable warranties. You do not want to miss out on this gorgeous home - it's sure to go fast!

Last Agent to Sell the Property

Wendy Rache

Keller Williams Preferred Rlty Listed on: 01/09/2023

Keller Williams Preferred Rlty

Co-Listed By

Michelle Hoagland

Keller Williams Preferred Rlty

Last Buyer's Agent

Carolyn Wood

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,984

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80 x 126
  • Chain Link Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • Wet Bar
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Washer

Utilities

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

Additional Features

  • Electronic Air Cleaner
  • Above Ground Pool

Community Details

  • No Home Owners Association
  • Silver Spgs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146825007060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,984

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1108
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished
  • Appliances: Dishwasher, Disposal, Electronic Air Filter, Exhaust Fan, Gas Water Heater, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 2024
  • Below Grade Finished Sq Ft: 916
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Office, Family Room, Bedroom 3, Bar/Wet Bar Room, Laundry
  • SqFtTotal: 2024.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: Above Ground
  • Fencing: Chain Link
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Main Floor Primary Bedroom,Vaulted Ceiling(s),Wet Bar

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 80 x 126
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 146825007060
  • Tax Annual Amount: 3984
  • TaxWithAssessments: 3984.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 15, 2023
Sold by
Toni Rodny and Russell Laura
Bought by
Olson Roger and Olson June
Seller's Agent
Wendy Rache
Keller Williams Preferred Rlty
Buyer's Agent
Carolyn Wood
Edina Realty, Inc.
List Price
$365,000
Sold Price
$365,000
Views
29
Current Estimated Value
$403,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,830
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Nov 22, 2019
Sold by
Murray Ryan J and Murray Anne M
Bought by
Toni Rodny and Russell Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,920
Interest Rate
3.75%

Purchase Details

Closed on
Aug 31, 2015
Sold by
Chamberlin Alex E and Chamberlin Jessica S
Bought by
Murray Ryan J and Murray Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2014
Sold by
Chamberlin Alex E and Chamberlin Jessica S
Bought by
Chamberlin Alex E and Chamberlin Jessica S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2010
Sold by
Askecooth Mariposa S
Bought by
Chamberlain Alex E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,305
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2004
Sold by
Berdan Steven D and Berdan Diane M
Bought by
Askerooth Mariposa
Source: Public Records

Range of Values:

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Average Value
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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
Olson Roger $365,000 --
Toni Rodny $289,900 Partners Title Llc
Murray Ryan J $239,000 Stewart Title
Chamberlin Alex E -- Ancona Title & Escrow
Chamberlain Alex E $204,000 --
Askerooth Mariposa $224,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toni Rodny $231,920
Previous Owner Murray Ryan J $196,000
Previous Owner Chamberlin Alex E $175,000
Previous Owner Chamberlain Alex E $200,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2023 02/15/23 Sold $365,000 0.0% $180 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $365,000 -- $180 / 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 $4,140 $346,000 $91,300 $254,700
2023 $4,036 $345,200 $91,500 $253,700
2022 $3,984 $338,400 $91,200 $247,200
2021 $3,804 $288,900 $79,300 $209,600
2020 $3,794 $275,200 $75,600 $199,600
2019 $3,703 $264,700 $72,000 $192,700
2018 $3,481 $254,400 $69,800 $184,600
2017 $3,342 $234,300 $66,400 $167,900
2016 $3,223 $220,200 $63,300 $156,900
2015 $2,801 $189,480 $53,018 $136,462
2014 -- $173,784 $48,652 $125,132
2013 -- $162,993 $43,299 $119,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6320068

NorthstarMLS

APN: 14-68250-07-060