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5140 183rd Street West

5140 183rd Street West, Farmington, MN 55024
Sold Jul 23, 2021
$310,000
$304,385 by Lake Area Mortgage
Mortgage Due Aug 01, 2051
Sold Mar 11, 2013
$130,000
$127,645 by Wintrust Mortgage
Mortgage Due Mar 01, 2043
Local assessors in Farmington, MN have categorized 5140 183rd Street West as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 6,098 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 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 5140 183rd Street West has a total of 784 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 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 masonry 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, 5140 183rd Street West was last sold in Jul 21, 2021 for $310,000. According to our calculations, that's $395.41 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Feb 27, 2013. Current property owners are expected to pay $3,298 in taxes per year. The property on 5140 183rd Street West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $282,000. To break that down further, the land itself was valued at $68,500. While improvements to the property were assessed at a total of $213,500. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Building Style: Split level
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 784
  • Building Area: 784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DAKOTA COUNTY EST 6TH ADD
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 4 3

Ownership

  • Current Owner : MORATAYA HENRY ADONAY MENA
  • Previous Owner : DVORAK KIMBERLY
  • Previous Owner 2: BARRON JESSICA
  • Owner Before Previous Owner: COLAW DARRIN S
  • Owner Before Previous Owner 2: COLAW LORI R
  • 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 = 19505
  • District: 14
  • Parcel: 14-19505-03-040
  • Block: 3
  • Lot: 40
  • Meridian: SEC 13 TWN 114N RNG 20W
  • Municipality: FARMINGTON CITY
  • Latitude: 44.6844
  • Longitude: -93.1695

    Address

  • Full Address: 5140 183rd St W
  • Address - House Number: 5140
  • Street Segment Direction: W
  • Address - Street Name: 183rd
  • Address - Suffix Type: St
  • State: MN
  • City Name: Farmington
  • Carrier Code: R006
  • 4-Digit Zip Code: 8703
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,298

    Appraisal Valuation

  • Standard Deviation: 0.1411
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 83
  • Final Value: 300,937
  • High Value: 343,419
  • Low Value: 258,455

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,385
  • First Open Lien Mortgage Lender: LAKE AREA MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $304,385
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $282,000
  • Market Land Value: $68,500
  • Market Improvement Value: $213,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,000
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $213,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11844732046
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3479268
  • Previous Sale Recording Date: Mar 11, 2013
  • Previous Sale Contract Date: Feb 27, 2013
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKE AREA MORTGAGE
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $304,385
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2051
  • Second Mortgage Lender: LAKE AREA MORTGAGE
  • Second Mortgage Transaction Date: Jul 23, 2021
  • Second Mortgage Loan Amount: $304,385
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Building or Construction Loan
  • Second Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Mar 11, 2013
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2043

About Dakota County Estates



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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 5140 183rd Street West located in?
The 5140 183rd Street West is a located in the neighborhood of Dakota County Estates in Dakota County Estates, Farmington.
What is the average sales price for listings in 5140 183rd Street West?
The average sales price for units in 5140 183rd Street West is $0 currently.

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