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17140 Gage Way

17140 Gage Way, Farmington, MN 55024
Property in Dodd Park
Sold Oct 11, 2016
$265,000
$198,750 by Tradition Mortgage Llc
Mortgage Due Oct 01, 2046
Sold Apr 19, 2013
$217,000
$206,150 by Eastwood Bank
Mortgage Due Apr 01, 2043
17140 Gage Way in Farmington, MN was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 17140 Gage Way has 1,124 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 704 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 17140 Gage Way sold most recently in Sep 30, 2016 for a total of $265,000. If you work out the math, that's approximately a cost of $235.77 per sqft. Before that, the property was also sold for $217,000 in Feb 22, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,006 in taxes each year. 17140 Gage Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $370,800. If we break it down further, the land itself was valued at $73,700. Improvements to the property, however, were assessed at a total of $297,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Wood
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 704
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,124
  • Building Area: 1,124
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,124
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DODD PARK
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11 3

Ownership

  • Current Owner : LIBBY MICHELLE L
  • Previous Owner : JOHNSON JOSHUA J
  • Previous Owner 2: JOHNSON MAUREEN A
  • Owner Before Previous Owner: REED JUSTIN
  • Owner Before Previous Owner 2: REED KATIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Farmington Public School District
  • School Tax School District: 192
  • School Tax District Code 2: VERMILLION RIVE
  • Census Tract: 060833

Geography

  • Assessors Map Reference: MB = 20850
  • District: 22
  • Parcel: 22-20850-03-110
  • Block: 3
  • Lot: 110
  • Meridian: SEC 10 TWN 114N RNG 20W
  • Municipality: LAKEVILLE CITY
  • Latitude: 44.701
  • Longitude: -93.2045

    Address

  • Full Address: 17140 Gage Way
  • Address - House Number: 17140
  • Address - Street Name: Gage
  • Address - Suffix Type: Way
  • State: MN
  • City Name: Farmington
  • Carrier Code: R005
  • 4-Digit Zip Code: 9226
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,006

    Appraisal Valuation

  • Standard Deviation: 0.1391
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 83
  • Final Value: 396,415
  • High Value: 451,591
  • Low Value: 341,238

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $225,250
  • First Open Lien Mortgage Lender: TRADITION MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 11, 2016
  • First Open Lien Mortgage Loan Amount: $198,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046
  • Second Open Lien Mortgage Lender: UNITED EDUCATORS CU
  • Second Open Lien Mortgage Recording Date: Oct 11, 2016
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $26,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $370,800
  • Market Land Value: $73,700
  • Market Improvement Value: $297,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $370,800
  • Assessed Land Value: $73,700
  • Assessed Improvements Value: $297,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2016
  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Transaction ID: 1855238574
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3154886
  • Previous Sale Recording Date: Apr 19, 2013
  • Previous Sale Contract Date: Feb 22, 2013
  • Previous Sale Amount: $217,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRADITION MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 11, 2016
  • First Mortgage Loan Amount: $198,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: EASTWOOD BANK
  • Previous Mortgage Transaction Date: Apr 19, 2013
  • Previous Mortgage Loan Amount: $206,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2043

About Dodd Park



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Frequently Asked Questions

What neighborhood is 17140 Gage Way located in?
The 17140 Gage Way is a located in the neighborhood of Dodd Park in Dodd Park, Farmington.
What is the average sales price for listings in 17140 Gage Way?
The average sales price for units in 17140 Gage Way is $0 currently.

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