NOT LISTED FOR SALE

5383 187th St W Farmington, MN 55024

Estimated Value: $428,000 - $451,000

4 Beds
3 Baths
2,238 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $420,000 $188 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,722/month

47 Days on Market

Highlights

  • Deck
  • Home Office
  • 3 Car Attached Garage
  • No HOA
  • The kitchen features windows
  • 4-minute walk to Silver Springs Park

About This Home

As of May 2024

Welcome to a fabulous new listing in Farmington! This home boasts 4 bedrooms, 3 bathrooms, and a spacious 3 car attached garage that has ample room for vehicles, toys, and/or storage! The upper level features a spacious living room, vaulted ceilings, 2 bedrooms (private 3/4 bath off of the primary bedroom), spacious kitchen and a dining area that is connected to the generous deck. The lower level offers a cozy family room with a fireplace and bar area for entertaining - along with 2 bedrooms, a 3/4 bath and an extra flex room that would be great for an office, craft room or play area! The back yard is great for entertaining between dinners on the deck to bonfires on cool evenings on the patio (plus a shed for extra storage). Welcome to your New Home!

Last Agent to Sell the Property

Angela Olson-Martin

Coldwell Banker Realty Brokerage Phone: 651-335-9112 Listed on: 03/13/2024

Coldwell Banker Realty

Last Buyer's Agent

Daniel Desrochers

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 87x130x87x130
  • Chain Link Fence
  • Few Trees

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Silver Spgs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146825002050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,998

Year Built

Built in 1993

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: 1993
  • Above Grade Finished Sq Ft: 1214
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-335-9112
  • Attribution Contact: 651-335-9112
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace Features: Gas
  • Living Area: 2238
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1024
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Chain Link
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Concrete

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 87x130x87x130
  • Lot Size Sq Ft: 11282.04
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 146825002050
  • Tax Annual Amount: 4998
  • TaxWithAssessments: 4998.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 28, 2024
Sold by
Bennett Harold and Bennett Barbara
Bought by
Dailey Madelyn and Finger Nathan
Seller's Agent
Angela Olson-Martin
Coldwell Banker Realty
Buyer's Agent
Daniel Desrochers
eXp Realty
List Price
$420,000
Sold Price
$420,000
Views
80
Current Estimated Value
$438,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,209
Avg. Annual Appreciation
3.03%
Original Mortgage
$412,392
Outstanding Balance
$406,987
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$31,222

Purchase Details

Closed on
Jul 16, 2021
Sold by
Wassing Matthew S and Wassing Samantha L
Bought by
Bennett Harold H and Bennett Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,400
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Ware Bonnie Bonnie
Bought by
Wassing Matthew Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,700
Interest Rate
3.84%

Purchase Details

Closed on
Dec 22, 2010
Sold by
Rice Michael J and Rice Wendy Marie
Bought by
Wale Bonnie J and Johnson Mare E

Purchase Details

Closed on
Aug 1, 2003
Sold by
Blocks Dennis and Blocks Eileen
Bought by
Rice Michael J
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
Dailey Madelyn $420,000 --
Bennett Harold H $395,500 Burnet Title
Wassing Matthew Matthew $270,700 --
Wale Bonnie J $200,000 --
Wall Bonnnie J $200,000 --
Rice Michael J $244,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailey Madelyn $412,392
Previous Owner Bennett Harold H $316,400
Previous Owner Wassing Matthew Matthew $270,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2024 05/28/24 Sold $420,000 +1.2% $188 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/06/2024 04/06/24 Price Changed $415,000 -1.2% $185 / Sq Ft
03/15/2024 03/15/24 For Sale $420,000 -- $188 / 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 $4,998 $407,700 $91,300 $316,400
2023 $4,998 $410,600 $91,500 $319,100
2022 $4,746 $402,100 $91,200 $310,900
2021 $4,506 $338,400 $79,300 $259,100
2020 $4,528 $320,400 $75,600 $244,800
2019 $4,229 $310,000 $72,000 $238,000
2018 $4,003 $286,300 $62,300 $224,000
2017 $3,835 $264,800 $59,300 $205,500
2016 $3,842 $248,200 $56,500 $191,700
2015 $3,633 $226,649 $51,115 $175,534
2014 -- $227,300 $50,800 $176,500
2013 -- $212,700 $45,700 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6494704

NorthstarMLS

APN: 14-68250-02-050