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417 Spruce Street

417 Spruce Street, Farmington, MN 55024
Property in Farmington
Sold Aug 27, 2020
$260,000
$178,000 by Guaranteed Rate Affinity Llc
Mortgage Due Jul 01, 2050
417 Spruce Street has been categorized by the local assessors in Farmington, MN as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 417 Spruce Street has 1,522 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,019 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 780 sqft. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The property was last sold in Jun 25, 2020 for $260,000. That's $170.83 per sqft. 417 Spruce Street was last assessed in 2022. The total value of the property was assessed at $354,200. Specifically, the land the property is located on was valued at $56,800. While improvements on the property were assessed at a total of $297,400. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $4,242. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 780
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWN OF FARMINGTON
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 11 21

Ownership

  • Current Owner : DONNELLY MATTHEW
  • Current Owner 2: DONNELLY JACQUELYN I
  • Previous Owner : HUNTER SPENCER D
  • Previous Owner 2: HUNTER CARLA A
  • 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: 060904

Geography

  • Assessors Map Reference: MB = 77000
  • District: 14
  • Parcel: 14-77000-21-110
  • Block: 21
  • Lot: 110
  • Meridian: SEC 31 TWN 114N RNG 19W
  • Municipality: FARMINGTON CITY
  • Latitude: 44.6383
  • Longitude: -93.1423

    Address

  • Full Address: 417 Spruce St
  • Address - House Number: 417
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: MN
  • City Name: Farmington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1334
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,242

    Appraisal Valuation

  • Standard Deviation: 0.1374
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 361,026
  • High Value: 410,659
  • Low Value: 311,393

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Aug 27, 2020
  • First Open Lien Mortgage Loan Amount: $178,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $354,200
  • Market Land Value: $56,800
  • Market Improvement Value: $297,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $354,200
  • Assessed Land Value: $56,800
  • Assessed Improvements Value: $297,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Aug 27, 2020
  • Current Sale Transaction ID: 11784913369
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3393701

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Aug 27, 2020
  • First Mortgage Loan Amount: $178,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Farmington



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Frequently Asked Questions

What neighborhood is 417 Spruce Street located in?
The 417 Spruce Street is a located in the neighborhood of Farmington in Farmington, Farmington.
What is the average sales price for listings in 417 Spruce Street?
The average sales price for units in 417 Spruce Street is $0 currently.

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