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5369 172nd Street West

5369 172nd Street West, Farmington, MN 55024
Townhouse in Cornerstone Lake
Sold Nov 02, 2020
$250,000
$237,500 by Bell Bank
Mortgage Due Nov 01, 2050
Sold Jan 25, 2005
$197,660
5369 172nd 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 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5369 172nd Street West has 1,777 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

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 588 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. 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, 5369 172nd Street West was last sold in Oct 14, 2020 for $250,000. According to our calculations, that's $140.69 per sqft. Prior to that sales transaction, the property was sold for $197,660 in Jan 1, 1970. Current property owners are expected to pay $2,790 in taxes per year. The property on 5369 172nd Street West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $267,000. To break that down further, the land itself was valued at $58,100. While improvements to the property were assessed at a total of $208,900. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Wood
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 588
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 1,777
  • Building Area: 1,777
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,777
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNERSTONE LAKE 4TH ADDITION
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: 2 4 CIC #402 CORNERSTONE LAKE 4TH ADDITION CONDOMINIUMS UNIT #1901 & INTEREST ATTRIBUTABLE TO COMMON AREA KNOWN AS LOT 5 BLK

Ownership

  • Current Owner : KAISER RICHARD
  • Current Owner 2: MORMAN JENNIFER
  • Previous Owner : KIM THOMAS L
  • Owner Before Previous Owner: TOWN & COUNTRY HOMES INC
  • 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: 060832

Geography

  • Assessors Map Reference: MB = 18103
  • District: 22
  • Parcel: 22-18103-06-901
  • Block: 6
  • Lot: 901
  • Meridian: SEC 12 TWN 114N RNG 20W
  • Municipality: LAKEVILLE CITY
  • Latitude: 44.7006
  • Longitude: -93.1745

    Address

  • Full Address: 5369 172nd St W
  • Address - House Number: 5369
  • Street Segment Direction: W
  • Address - Street Name: 172nd
  • Address - Suffix Type: St
  • State: MN
  • City Name: Farmington
  • Carrier Code: R015
  • 4-Digit Zip Code: 7325
  • Zip Code: 55024

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,790

    Appraisal Valuation

  • Standard Deviation: 0.1449
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 82
  • Final Value: 294,559
  • High Value: 337,264
  • Low Value: 251,854

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: BELL BANK
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $237,500
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $267,000
  • Market Land Value: $58,100
  • Market Improvement Value: $208,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,000
  • Assessed Land Value: $58,100
  • Assessed Improvements Value: $208,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11796228981
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3411306
  • Previous Sale Recording Date: Jan 25, 2005
  • Previous Sale Amount: $197,660
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BELL BANK
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

About Cornerstone Lake



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Frequently Asked Questions

What neighborhood is 5369 172nd Street West located in?
The 5369 172nd Street West is a townhouse located in the neighborhood of Cornerstone Lake in Cornerstone Lake, Farmington.
What is the average sales price for listings in 5369 172nd Street West?
The average sales price for units in 5369 172nd Street West is $0 currently.

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