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5080 194th Street West

5080 194th Street West, Farmington, MN 55024
Property in Limerock Ridge
Sold Jul 31, 2019
$317,500
$296,300 by Finance Of America Mortgage Ll
Mortgage Due Aug 01, 2049
Sold Jun 28, 2005
$305,000
Local assessors in Farmington, MN have categorized 5080 194th Street West as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 11,326 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5080 194th Street West has a total of 1,482 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The property was last sold in Jul 26, 2019 for $317,500. That's $214.24 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2005 for $305,000. 5080 194th Street West was last assessed in 2022. The total value of the property was assessed at $441,300. Specifically, the land the property is located on was valued at $88,600. While improvements on the property were assessed at a total of $352,700. 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 $5,354. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,482
  • Building Area: 1,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LIMEROCK RIDGE
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 19 1

Ownership

  • Current Owner : JANKE NICKOLAS
  • Previous Owner : HALASZ MICHAEL
  • Previous Owner 2: HALASZ DONNA
  • Owner Before Previous Owner: HOFFACKER JAMES W
  • Owner Before Previous Owner 2: HOFFACKER KIMIKO T
  • 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 = 45350
  • District: 14
  • Parcel: 14-45350-01-190
  • Block: 1
  • Lot: 190
  • Meridian: SEC 24 TWN 114N RNG 20W
  • Municipality: FARMINGTON CITY
  • Latitude: 44.6688
  • Longitude: -93.1686

    Address

  • Full Address: 5080 194th St W
  • Address - House Number: 5080
  • Street Segment Direction: W
  • Address - Street Name: 194th
  • Address - Suffix Type: St
  • State: MN
  • City Name: Farmington
  • Carrier Code: R013
  • 4-Digit Zip Code: 7000
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,354

    Appraisal Valuation

  • Standard Deviation: 0.1228
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 86
  • Final Value: 473,289
  • High Value: 531,435
  • Low Value: 415,143

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,300
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Jul 31, 2019
  • First Open Lien Mortgage Loan Amount: $296,300
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $441,300
  • Market Land Value: $88,600
  • Market Improvement Value: $352,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $441,300
  • Assessed Land Value: $88,600
  • Assessed Improvements Value: $352,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Jul 31, 2019
  • Current Sale Transaction ID: 11628186441
  • Current Sale Price: $317,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3317932
  • Previous Sale Recording Date: Jun 28, 2005
  • Previous Sale Contract Date: Jun 15, 2005
  • Previous Sale Amount: $305,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Jul 31, 2019
  • First Mortgage Loan Amount: $296,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

About Limerock Ridge



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Unit for rent at 19385 Elkridge Trail, Farmington, MN, 55024

$3,160 /mo

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19385 Elkridge Trail, Farmington, MN, 55024 Listing by Lisa Brainer

Frequently Asked Questions

What neighborhood is 5080 194th Street West located in?
The 5080 194th Street West is a located in the neighborhood of Limerock Ridge in Limerock Ridge, Farmington.
What is the average sales price for listings in 5080 194th Street West?
The average sales price for units in 5080 194th Street West is $0 currently.

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