NOT LISTED FOR SALE

6594 Folsom Path Farmington, MN 55024

Estimated Value: $573,000 - $716,000

0.53 Acre
$1,178,860 Price per Acre
23,087 Sq Ft Lot

Last Sold January 05, 2012

Last sale price $65,000

Est. 861% increase in value since last sale

Current estimated payment $3,780/month

2 Days on Market

Highlights

  • Cul-De-Sac
  • Agricultural
  • Level Lot
  • Landscaped with Trees

About This Lot

As of January 2012

Amazing Larger Lot in Lakeville on Cul De Sac! Lined with Trees & Connected to All Utilties. Last Lot in Development. Ready for you to Create Your Home!

Last Agent to Sell the Property

Michael Olsen

Keller Williams Premier Realty Listed on: 12/05/2011

Last Buyer's Agent

Diana Pedersen

Metro Buyers Broker Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,910

Lot Details

  • 0.53 Acre Lot
  • Cul-De-Sac
  • Level Lot
  • Landscaped with Trees

Farming

  • Agricultural

Property Details

Property Type

Land

Est. Annual Taxes

$5,910

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Projected Closed Date: 01/06/2012
  • Street Designation: Path
  • Taxes With Assessments: 1249.6
  • Estimated Number of Acres: 0.53
  • Additional Information: Easements
  • Development Status: Subdivided
  • Land Improvements: Curbs/Gutters, Paved
  • Topography: Level
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Farmington #192

Lot Info

  • Lot/Land Description: Cul de Sac, Tree Coverage - Medium, Paved Streets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2011
Closed on
Jan 5, 2012
Sold by
Us Bank National Association
Bought by
Rutz Aaron and Rutz Carissa
Seller's Agent
Michael Olsen
Keller Williams Premier Realty
Buyer's Agent
Diana Pedersen
Metro Buyers Broker Inc
List Price
$67,500
Sold Price
$65,000
Premium/Discount to List
-$2,500
-3.7%
Current Estimated Value
$624,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,796
Avg. Annual Appreciation
17.79%
Original Mortgage
$49,300
Outstanding Balance
$5,427
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$619,369

Purchase Details

Closed on
Oct 25, 2007
Sold by
Rongitsch Properties Inc
Bought by
Marshall Donald L and Marshall Donna M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rutz Aaron $65,000 Title Recording Services
Marshall Donald L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rutz Aaron $49,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2012 01/05/12 Sold $65,000 -3.7% --
12/07/2011 12/07/11 Pending -- -- --
12/05/2011 12/05/11 For Sale $67,500 -- --
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 $5,910 $531,600 $125,600 $406,000
2023 $5,910 $540,500 $125,300 $415,200
2022 $5,510 $523,700 $124,900 $398,800
2021 $5,804 $437,600 $108,600 $329,000
2020 $6,132 $446,300 $103,400 $342,900
2019 $5,841 $454,900 $109,900 $345,000
2018 $5,660 $430,800 $104,600 $326,200
2017 $5,636 $408,700 $99,600 $309,100
2016 $5,573 $395,100 $94,800 $300,300
2015 $4,616 $373,690 $91,291 $282,399
2014 -- $332,379 $87,824 $244,555
2013 -- $309,271 $79,774 $229,497
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Michael Olsen

    Keller Williams Premier Realty

  • D

    Buyer's Agent in 2012

    Diana Pedersen

    Metro Buyers Broker Inc

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3495458

REALTOR® Association of Southern Minnesota

APN: 22-38125-01-080

Minnesota Dakota County Farmington 55024

6594 Folsom Path, Farmington, MN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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