5997 188th St W Farmington, MN 55024
Estimated Value: $484,761 - $507,000
3
Beds
3
Baths
1,601
Sq Ft
$311/Sq Ft
Est. Value
About This Home
This home is located at 5997 188th St W, Farmington, MN 55024 and is currently estimated at $497,190, approximately $310 per square foot. 5997 188th St W is a home located in Dakota County with nearby schools including Meadowview Elementary School, Robert Boeckman Middle School, and Farmington High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 8, 2016
Sold by
Fuerstneau Sonia A and Cooper Alvin F
Bought by
Knudson Jack W and Knudson Mary K
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
$240,000
Outstanding Balance
$192,085
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$305,105
Purchase Details
Closed on
Sep 15, 2000
Sold by
The Windwood Company Inc
Bought by
Cooper Alvin F and Fuerstneau Sonia A
Purchase Details
Closed on
Aug 7, 2000
Sold by
Heritage Development Of Minnesota Inc
Bought by
The Windwood Company Inc
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 |
|---|---|---|---|
| Knudson Jack W | $300,000 | Burnet Title | |
| Cooper Alvin F | $217,532 | -- | |
| The Windwood Company Inc | $45,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Knudson Jack W | $240,000 |
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 | $5,528 | $464,300 | $100,500 | $363,800 |
| 2023 | $5,528 | $453,900 | $100,700 | $353,200 |
| 2022 | $5,240 | $447,300 | $98,500 | $348,800 |
| 2021 | $5,068 | $370,500 | $85,700 | $284,800 |
| 2020 | $4,966 | $356,600 | $81,600 | $275,000 |
| 2019 | $4,855 | $337,100 | $77,700 | $259,400 |
| 2018 | $4,777 | $324,200 | $74,000 | $250,200 |
| 2017 | $4,669 | $310,100 | $70,500 | $239,600 |
| 2016 | $4,500 | $295,500 | $67,100 | $228,400 |
| 2015 | $4,105 | $266,107 | $61,961 | $204,146 |
| 2014 | -- | $255,861 | $57,471 | $198,390 |
| 2013 | -- | $230,682 | $50,960 | $179,722 |
Source: Public Records
Map
Nearby Homes
- 18840 Enhance Ct
- 18568 Euclid Path
- 19158 Everest Path
- 18325 Euclid St
- 18307 Euclid St
- 5413 186th St W
- 5412 188th St W
- 19265 Everglade Path
- 19298 Evening Star Way
- 5695 Lower 182nd St W
- 19325 Everfield Ave
- 19337 Everfield Ave
- 19380 Everglade Path
- 5956 Upper 179th St W
- 19055 Enchanted Way
- 19410 Everglade Path
- 19432 Everfield Ave
- 19440 Everglade Path
- 5969 Upper 179th St W
- 19430 Everglade Path
- 5989 188th St W
- 5983 188th St W
- 5994 188th St W
- 5986 188th St W
- 18611 Explorer Way
- 18617 Explorer Way
- 5977 188th St W
- 18607 Explorer Way
- 18623 Explorer Way
- 18894 Exclusive Path
- 18627 Explorer Way
- 5969 188th St W
- 5969 5969 188th-Street-w
- 18603 Explorer Way
- 18897 Exclusive Path
- 18631 Explorer Way
- 18890 Exclusive Path
- 5957 5957 188th-Street-w
- 5957 188th St W
- 18893 Exclusive Path