NOT LISTED FOR SALE

5450 188th St W Farmington, MN 55024

Estimated Value: $413,000 - $432,000

4 Beds
2 Baths
2,243 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $219,000 $98 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,615/month

71 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Formal Dining Room
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • 2-minute walk to Silver Springs Park

About This Home

As of October 2013

Open, spacious and bright! Incredible flow, large kitchen, new fireplace, large decks & patio with large flat yard! Lower level media room and 4th bedroom, you won't be disappointed.

Last Agent to Sell the Property

Chad Baker

RE/MAX Advantage Plus Listed on: 07/09/2013

Last Buyer's Agent

Kimberly Ryan

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 1993

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x140

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Basement

  • Partial Basement
  • Sump Pump
  • Drain

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 146825007020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Vaulted Ceilings
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.26
  • Assessment Balance: 34
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1296
  • Parcel Number: 146825007020
  • Projected Closed Date: 10/04/2013
  • Stories: 4+ Level Split
  • Taxes With Assessments: 3152
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Private Master, Whirlpool
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x14, On Level: Main
  • Room 2: Dining Room, 11x10, On Level: Main
  • Room 3: Family Room, 11x15, On Level: Lower
  • Room 4: Kitchen, 16x13, On Level: Main
  • Room 5: Bedroom, 15x13, On Level: Upper
  • Room 6: Bedroom, 13x10, On Level: Upper
  • Room 7: 13x12, On Level: Lower
  • Room 8: Bedroom, 12x11, On Level: Lower
  • Basement Features: Drainage System, Sump Pump
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1296
  • Below Grade Finished Sq Ft: 947
  • Total Fin Square Footage: 2243

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 75x140

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2012
  • Tax Value: 3118

MLS Schools

  • School District: Farmington #192

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2013
Closed on
Aug 30, 2013
Bought by
Eppert Austin Austin
Seller's Agent
Chad Baker
RE/MAX Advantage Plus
Buyer's Agent
Kimberly Ryan
Coldwell Banker Burnet
List Price
$229,900
Sold Price
$219,000
Premium/Discount to List
-$10,900
-4.74%
Current Estimated Value
$423,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,332
Avg. Annual Appreciation
5.61%
Original Mortgage
$219,000
Outstanding Balance
$164,133
Interest Rate
4.51%
Estimated Equity
$259,199

Purchase Details

Closed on
Aug 23, 2012
Sold by
Bank Of America National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 12, 2012
Sold by
Lathrop Michael A and Lathrop Anita M
Bought by
Bank Of America National Association

Purchase Details

Closed on
Nov 12, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lathrop Anita M and Lathrop Michael A
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
Eppert Austin Austin $219,000 --
Federal National Mortgage Association -- None Available
Bank Of America National Association $308,711 None Available
Lathrop Anita M $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eppert Austin Austin $219,000
Closed Lathrop Anita M --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $219,000 -4.7% $98 / Sq Ft
09/18/2013 09/18/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $229,900 -- $102 / 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 $4,650 $381,500 $92,200 $289,300
2023 $4,650 $384,100 $92,400 $291,700
2022 $4,432 $376,500 $92,100 $284,400
2021 $4,216 $318,000 $80,100 $237,900
2020 $4,276 $301,800 $76,300 $225,500
2019 $4,018 $294,500 $72,700 $221,800
2018 $3,810 $273,500 $66,500 $207,000
2017 $3,660 $253,500 $63,300 $190,200
2016 $3,579 $238,300 $60,200 $178,100
2015 $3,119 $210,844 $53,915 $156,929
2014 -- $193,840 $49,557 $144,283
2013 -- $180,542 $44,096 $136,446
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Chad Baker

    RE/MAX

  • K

    Buyer's Agent in 2013

    Kimberly Ryan

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4504923

REALTOR® Association of Southern Minnesota

APN: 14-68250-07-020

Minnesota Dakota County Farmington 55024

5450 188th St W, Farmington, MN

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