NOT LISTED FOR SALE

701 2nd St Farmington, MN 55024

Estimated Value: $369,000 - $430,843

3 Beds
3 Baths
2,561 Sq Ft
$155/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $167,000 $65 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $2,520/month

235 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Whirlpool Bathtub
  • Formal Dining Room
  • Bathroom on Main Level

About This Home

As of April 2012

One level living plus finished basement! New carpet & paint; roof & siding 3 yrs old. Master suite w/whirlpool tub. Great location - close to everything.

Last Agent to Sell the Property

Karin Housley

Keller Williams Premier Realty Listed on: 07/01/2011

Last Buyer's Agent

James Emond

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,992

Year Built

  • 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 171x160

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Formal Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,992

Year Built

1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.24
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1525
  • Mechanicals: Water Softener-Owned
  • Projected Closed Date: 04/06/2012
  • Stories: 1 Story
  • Street Designation: Street
  • Taxes With Assessments: 2886
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Dining Room: Breakfast Nook, Eat-In Kitchen, Formal Dining Room
  • Appliances: Dishwasher, Disposal, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 16x14, On Level: Main
  • Room 6: Bedroom, 19x14, On Level: Lower
  • Room 7: 15x12, On Level: Lower
  • Room 9: Rec Room, 24x20, On Level: Lower
  • Room 10: Laundry Room, 9x8, On Level: Main
  • Room 11: Deck, 14x12, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1525
  • Below Grade Finished Sq Ft: 1036
  • Total Fin Square Footage: 2561

Exterior Features

  • Frontage Road: City
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Farmington #192

Lot Info

  • Estimated Lot Dimensions: 171x160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
Cooley Jared L
Bought by
Roberts Benjamin J and Roberts Aubrey A
Current Estimated Value
$396,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$157,955
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$238,506

Purchase Details

Closed on
May 24, 2017
Sold by
Walker Robert W and Walker Kathieen Mg
Bought by
Cooley Jared L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,800
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 1, 2011
Closed on
Apr 6, 2012
Sold by
Neilan Beverly E
Bought by
Walker Robert W
Seller's Agent
Karin Housley
Keller Williams Premier Realty
Buyer's Agent
James Emond
RE/MAX Advantage Plus
List Price
$199,000
Sold Price
$167,000
Premium/Discount to List
-$32,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%
Original Mortgage
$162,766
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 25, 1999
Sold by
Nielsen Clayton W and Nielsen Alice H
Bought by
Neilan Dale E and Neilan Beverly E
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
Roberts Benjamin J $260,000 Land Title Inc
Cooley Jared L $240,000 Edina Realty Title Inc
Walker Robert W $167,000 Fsa Title Services Llc
Neilan Dale E $167,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Benjamin J $180,000
Previous Owner Cooley Jared L $232,800
Previous Owner Walker Robert W $162,766
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $167,000 -16.1% $65 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
07/01/2011 07/01/11 For Sale $199,000 -- $78 / 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 $4,992 $406,900 $55,200 $351,700
2023 $4,992 $410,200 $55,300 $354,900
2022 $5,010 $402,100 $55,100 $347,000
2021 $5,006 $355,500 $48,000 $307,500
2020 $4,008 $347,800 $45,300 $302,500
2019 $3,680 $277,900 $43,200 $234,700
2018 $3,615 $253,100 $41,100 $212,000
2017 $3,500 $242,100 $39,200 $202,900
2016 $3,047 $229,200 $37,300 $191,900
2015 $2,564 $178,907 $32,479 $146,428
2014 -- $158,851 $29,669 $129,182
2013 -- $139,667 $25,989 $113,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4058841

REALTOR® Association of Southern Minnesota

APN: 14-49000-34-150