5392 188th St W Farmington, MN 55024
Estimated Value: $428,000 - $460,000
4
Beds
3
Baths
1,412
Sq Ft
$314/Sq Ft
Est. Value
About This Home
This home is located at 5392 188th St W, Farmington, MN 55024 and is currently estimated at $443,664, approximately $314 per square foot. 5392 188th 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
Mar 8, 2019
Sold by
Lisa O Brien Daniel P and Brien Lisa O
Bought by
Vecchi Joseph V Li and Vecchi Tara Li
Current Estimated Value
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
Outstanding Balance
$172,317
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$271,347
Purchase Details
Closed on
Jul 31, 2003
Sold by
Wilson Robert E and Wilson July L
Bought by
Sirva Relocation Llc
Purchase Details
Closed on
May 22, 1997
Sold by
Ordorff Troy D and Ordorff Kristi A
Bought by
Wilson Judy L and Wilson Robert E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vecchi Joseph V Li | $245,000 | On Site Title | |
| Sirva Relocation Llc | $271,000 | -- | |
| Obrien Daniel P | $257,000 | -- | |
| Wilson Judy L | $157,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vecchi Joseph V Li | $196,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,004 | $408,800 | $93,100 | $315,700 |
| 2023 | $5,004 | $411,000 | $93,300 | $317,700 |
| 2022 | $4,754 | $402,400 | $93,000 | $309,400 |
| 2021 | $4,586 | $339,000 | $80,900 | $258,100 |
| 2020 | $4,610 | $325,600 | $77,000 | $248,600 |
| 2019 | $4,420 | $315,100 | $73,400 | $241,700 |
| 2018 | $4,186 | $297,800 | $68,500 | $229,300 |
| 2017 | $4,022 | $275,500 | $65,200 | $210,300 |
| 2016 | $3,895 | $258,800 | $62,100 | $196,700 |
| 2015 | $3,401 | $229,810 | $56,280 | $173,530 |
| 2014 | -- | $211,607 | $51,813 | $159,794 |
| 2013 | -- | $215,000 | $50,200 | $164,800 |
Source: Public Records
Map
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