NOT LISTED FOR SALE

5447 188th St W Farmington, MN 55024

Estimated Value: $466,000 - $497,230

5 Beds
3.5 Baths
3,320 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 15, 2013

Last sale price $257,000 $77 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $3,032/month

73 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 3 Car Attached Garage
  • Vaulted Ceiling
  • Porch
  • 2-minute walk to Silver Springs Park

About This Home

As of August 2013

Fabulous Farmington 2 stry w/4 brs up, 4 ba & a huge 4 season porch w/stone fplc. LL offer a big fm rm, 5th br & 3/4 ba. Add the 3 car garage and this has all you're looking for in a great Farmington neighborhood!

Last Agent to Sell the Property

Timothy O'Donnell

Edina Realty, Inc. Listed on: 05/17/2013

Last Buyer's Agent

Erik Winegarden

National Realty Guild

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,474

Year Built

  • Built in 1992

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 117 x 76

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 146825005150

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,474

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.25
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1384
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 146825005150
  • Projected Closed Date: 08/15/2013
  • Stories: 2 Story
  • Taxes With Assessments: 3474
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Basement, 3/4 Master, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 4
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 11x9, On Level: Main
  • Room 3: Family Room, 15x13, On Level: Main
  • Room 4: Kitchen, 10x11, On Level: Main
  • Room 5: Bedroom, 25x13, On Level: Upper
  • Room 6: Bedroom, 14x11, On Level: Upper
  • Room 7: 15x11, On Level: Upper
  • Room 8: Bedroom, 12x10, On Level: Upper
  • Room 9: Foyer, 9x7, On Level: Main
  • Room 10: Bedroom, 14x10, On Level: Lower
  • Room 11: 4 Season Porch, 17x15, On Level: Main
  • Room 12: Dining Room, 11x10, On Level: Main
  • Room 13: Laundry Room, 9x6, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Sump Pump
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2768
  • Below Grade Finished Sq Ft: 552
  • Total Fin Square Footage: 3320

Exterior Features

  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 117 x 76

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2013
  • Tax Value: 3474

MLS Schools

  • School District: Farmington #192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Velimirovich Sacha
Bought by
Mastey Jessica
Current Estimated Value
$487,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Outstanding Balance
$224,564
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$262,994

Purchase Details

Closed on
Mar 27, 2020
Sold by
Ihn Property Illinois Lp
Bought by
Velimirovich Sacha and Gray Cameo C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,022
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 28, 2018
Sold by
2018 3 Ih Borrower Lp
Bought by
Ih2 Property Ollinois Lp

Purchase Details

Closed on
Jun 25, 2015
Sold by
Ih2 Property Illinois Lp
Bought by
2015 & 3Ih2 Borrower Lp

Purchase Details

Listed on
May 17, 2013
Closed on
Aug 15, 2013
Sold by
Nielsen Nicole F and Nielsen Timothy D
Bought by
Ih2 Property Illinois Lp
Seller's Agent
Timothy O'Donnell
Edina Realty, Inc.
Buyer's Agent
Erik Winegarden
National Realty Guild
List Price
$273,900
Sold Price
$257,000
Premium/Discount to List
-$16,900
-6.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Jul 27, 2007
Sold by
Flor Patricia
Bought by
Nielsen Timothy D and Nielsen Nicole F
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
Mastey Jessica $440,000 --
Velimirovich Sacha $330,000 Network Title Inc
Ih2 Property Ollinois Lp -- None Available
2015 & 3Ih2 Borrower Lp -- Bona Fide Title Llc
Ih2 Property Illinois Lp $257,000 Network Title Inc
Nielsen Timothy D $289,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastey Jessica $240,000
Previous Owner Velimirovich Sacha $324,022
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2013 08/15/13 Sold $257,000 -6.2% $77 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $273,900 -- $83 / 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 $5,606 $459,300 $88,600 $370,700
2023 $5,606 $460,300 $88,800 $371,500
2022 $5,236 $446,100 $88,600 $357,500
2021 $5,120 $366,800 $77,000 $289,800
2020 $5,116 $355,800 $73,400 $282,400
2019 $4,735 $341,100 $69,900 $271,200
2018 $4,591 $309,300 $70,600 $238,700
2017 $4,504 $290,100 $67,200 $222,900
2016 $4,406 $276,000 $64,000 $212,000
2015 $3,858 $261,900 $61,800 $200,100
2014 -- $241,400 $57,600 $183,800
2013 -- $206,375 $47,831 $158,544
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Timothy O'Donnell

    Edina Realty, Inc.

  • E

    Buyer's Agent in 2013

    Erik Winegarden

    National Realty Guild

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4478965

REALTOR® Association of Southern Minnesota

APN: 14-68250-05-150

Minnesota Dakota County Farmington 55024

5447 188th St W, Farmington, MN

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