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18870 Elgin Avenue

18870 Elgin Avenue, Farmington, MN 55024
Property in Silver Springs
Sold Feb 26, 2018
$336,000
$200,000 by Bell Bank
Mortgage Due Mar 01, 2048
Sold Sep 28, 2000
$210,000
18870 Elgin Avenue in Farmington, MN was first built in 1995 and is 29 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 18870 Elgin Avenue has 1,830 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 10,454 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 650 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 18870 Elgin Avenue was last sold in Feb 22, 2018 for $336,000. According to our calculations, that's $183.61 per sqft. Prior to that sales transaction, the property was sold for $210,000 in Aug 1, 2000. Current property owners are expected to pay $5,226 in taxes per year. The property on 18870 Elgin Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $430,800. To break that down further, the land itself was valued at $95,700. While improvements to the property were assessed at a total of $335,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 650
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,830
  • Building Area: 1,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER SPRINGS 2ND ADD
  • Land Acres: 0.239
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 14 3

Ownership

  • Current Owner : MORRISON ETHAN
  • Previous Owner : BRIEN KEVIN P O
  • Previous Owner 2: BRIEN PAMELA A O
  • Owner Before Previous Owner: PETER MARKUS G
  • Owner Before Previous Owner 2: PETER LISA M
  • 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: 060907

Geography

  • Assessors Map Reference: MB = 68251
  • District: 14
  • Parcel: 14-68251-03-140
  • Block: 3
  • Lot: 140
  • Meridian: SEC 13 TWN 114N RNG 20W
  • Municipality: FARMINGTON CITY
  • Latitude: 44.6761
  • Longitude: -93.1718

    Address

  • Full Address: 18870 Elgin Ave
  • Address - House Number: 18870
  • Address - Street Name: Elgin
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Farmington
  • Carrier Code: R005
  • 4-Digit Zip Code: 8969
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,226

    Appraisal Valuation

  • Standard Deviation: 0.1317
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 85
  • Final Value: 459,017
  • High Value: 519,489
  • Low Value: 398,544

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Feb 26, 2018
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Mar 01, 2048

    Market Valuation

  • Market Total Value: $430,800
  • Market Land Value: $95,700
  • Market Improvement Value: $335,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $430,800
  • Assessed Land Value: $95,700
  • Assessed Improvements Value: $335,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Transaction ID: 11419227349
  • Current Sale Price: $336,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3238827
  • Previous Sale Recording Date: Sep 28, 2000
  • Previous Sale Contract Date: Aug 01, 2000
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Feb 26, 2018
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2048

About Silver Springs



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Frequently Asked Questions

What neighborhood is 18870 Elgin Avenue located in?
The 18870 Elgin Avenue is a located in the neighborhood of Silver Springs in Silver Springs, Farmington.
What is the average sales price for listings in 18870 Elgin Avenue?
The average sales price for units in 18870 Elgin Avenue is $0 currently.

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