Check Availability

5349 203rd Street West

5349 203rd Street West, Farmington, MN 55024
Property in Middle Creek
Sold Apr 16, 2020
$400,000
Sold Oct 23, 2017
$365,500
$292,400 by Bell Bank
Mortgage Due Nov 01, 2047
5349 203rd Street West 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 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 3 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, 5349 203rd Street West has 1,932 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 12,197 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 583 sqft. According to our sources, there are a total of 2 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 Apr 15, 2020 for $400,000. That's $207.04 per sqft. Prior to that sales transaction, the property was also sold in Oct 6, 2017 for $365,500. 5349 203rd Street West was last assessed in 2022. The total value of the property was assessed at $520,000. Specifically, the land the property is located on was valued at $113,600. While improvements on the property were assessed at a total of $406,400. 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 $6,360. 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: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 583
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,932
  • Building Area: 1,932
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,932
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MIDDLE CREEK 5TH ADDITION
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3 1

Ownership

  • Current Owner : NELOSN STEPHEN PAUL
  • Current Owner 2: NELOSN KATHRYN LEE
  • Previous Owner : NELOSN PAUL
  • Previous Owner 2: NELOSN LYNDA L
  • Owner Before Previous Owner: GREEK JEFFREY J
  • Owner Before Previous Owner 2: GREEK PHYLLIS 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: 060902

Geography

  • Assessors Map Reference: MB = 48704
  • District: 14
  • Parcel: 14-48704-01-030
  • Block: 1
  • Lot: 30
  • Meridian: SEC 25 TWN 114N RNG 20W
  • Municipality: FARMINGTON CITY
  • Latitude: 44.6572
  • Longitude: -93.1712

    Address

  • Full Address: 5349 203rd St W
  • Address - House Number: 5349
  • Street Segment Direction: W
  • Address - Street Name: 203rd
  • Address - Suffix Type: St
  • State: MN
  • City Name: Farmington
  • Carrier Code: R013
  • 4-Digit Zip Code: 8447
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,360

    Appraisal Valuation

  • Standard Deviation: 0.1326
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 506,504
  • High Value: 573,715
  • Low Value: 439,294

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $113,600
  • Market Improvement Value: $406,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,000
  • Assessed Land Value: $113,600
  • Assessed Improvements Value: $406,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2020
  • Current Sale Recording Date: Apr 16, 2020
  • Current Sale Transaction ID: 11754878121
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3365096
  • Previous Sale Recording Date: Oct 23, 2017
  • Previous Sale Contract Date: Oct 06, 2017
  • Previous Sale Amount: $365,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Apr 16, 2020
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BELL BANK
  • Previous Mortgage Transaction Date: Oct 23, 2017
  • Previous Mortgage Loan Amount: $292,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Middle Creek



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1000 Honeysuckle Lane, Farmington, MN, 55024

$2,195 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,350 ft²
1000 Honeysuckle Lane, Farmington, MN, 55024 Listing by Joe Mueller

Frequently Asked Questions

What neighborhood is 5349 203rd Street West located in?
The 5349 203rd Street West is a located in the neighborhood of Middle Creek in Middle Creek, Farmington.
What is the average sales price for listings in 5349 203rd Street West?
The average sales price for units in 5349 203rd Street West is $0 currently.

Quantcast