NOT LISTED FOR SALE

5425 188th St W Farmington, MN 55024

Estimated Value: $546,000 - $587,000

5 Beds
3.5 Baths
3,755 Sq Ft
$149/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $540,000 $144 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,548/month

111 Days on Market

Highlights

  • Two Way Fireplace
  • No HOA
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • 3-minute walk to Silver Springs Park

About This Home

As of February 2024

Beautiful modified 2-story home with a foyer that makes a great statement. With a four-season porch that has a fireplace for those chilly nights and a storybook-landscaped backyard including fountains, benches, and a custom-made doll house. Composite deck with a railing that can be lit for a beautiful glow in the evenings, which is accessed from the kitchen. A total of 5 bedrooms, three are on one floor and 4 bathrooms. The main floor includes a stunning kitchen, dining area, living room, family room with fireplace, study/reading room/office with built-in shelves, one of the 5 bedrooms, one of the bathrooms, and laundry room. The upper level has three bedrooms, including the primary which has a newly remodeled bathroom. There are also two additional bedrooms on the upper level. The lower level is a great entertaining space with a family recreation room which features a two-sided fireplace and an updated bar, bedroom, and bathroom. Many more features to see.

Last Agent to Sell the Property

Scott Schultz

RE/MAX Results Listed on: 10/12/2023

RE/MAX Results

Last Buyer's Agent

Anthony Giglio

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,812

Year Built

  • Built in 1994

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 117x88x129x88
  • Irregular Lot
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • 3 Fireplaces
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Silver Spgs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 146825005140

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,812

Year Built

Built in 1994

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: 3
  • Water Source: City Water/Connected
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2590
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Two Sided, Gas, Other
  • Living Area: 3755
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1165
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Informal Dining Room, Four Season Porch, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Other Structures: Other
  • ConstructionMaterialsDesc: Block,Brick,Concrete
  • PatioPorchType: Composite Decking,Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,In-Ground Sprinkler,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 117x88x129x88
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 146825005140
  • Tax Annual Amount: 6812
  • TaxWithAssessments: 6812.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2023
Closed on
Feb 29, 2024
Sold by
Teisberg-Orourke Kathy and Orourke Mark
Bought by
Lillie Kristopher and Lillie Tabatha
Seller's Agent
Scott Schultz
RE/MAX Results
Buyer's Agent
Anthony Giglio
eXp Realty
List Price
$540,000
Sold Price
$540,000
Views
125
Current Estimated Value
$561,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,167
Avg. Annual Appreciation
2.34%
Original Mortgage
$540,000
Outstanding Balance
$530,967
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$30,200

Purchase Details

Closed on
Oct 30, 2012
Sold by
Teisberg Orourke Kathy Jo and Orourke Mark S
Bought by
Teisberg Orourke Kathy Jo and Orouke Mark S

Purchase Details

Closed on
Oct 12, 2004
Sold by
Thorson Kraid N and Thorson Joan L
Bought by
Teisberg Steven Paul and Teisberg Kathy Jo
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
Lillie Kristopher $540,000 --
Teisberg Orourke Kathy Jo -- S&S Title & Escrow
Teisberg Steven Paul $393,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lillie Kristopher $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2024 02/29/24 Sold $540,000 0.0% $144 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
10/12/2023 10/12/23 For Sale $540,000 -- $144 / 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 $7,160 $544,800 $106,400 $438,400
2023 $7,160 $572,700 $106,600 $466,100
2022 $6,616 $550,800 $106,300 $444,500
2021 $6,470 $463,600 $92,400 $371,200
2020 $6,502 $449,600 $88,000 $361,600
2019 $6,230 $433,600 $83,800 $349,800
2018 $5,903 $407,500 $70,600 $336,900
2017 $5,593 $376,000 $67,200 $308,800
2016 $5,542 $348,000 $64,000 $284,000
2015 $4,812 $328,564 $60,504 $268,060
2014 -- $300,442 $55,860 $244,582
2013 -- $279,078 $49,815 $229,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6442824

NorthstarMLS

APN: 14-68250-05-140