Coming Soon

4532 198th St W, Farmington, MN, 55024

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,295 SqFt
$175/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

4532 198th St W, Farmington$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage
Attached Garage3 spaces
Year Built2013
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceGas, Living Room
ViewLake
MLS #6640465
Active DateDecember 19, 2024
StatusComing Soon

About 4532 198th St W

Welcome to this stunning two-story home in the prestigious Mystic Meadows neighborhood, perfectly situated on the shores of Lake Ann. Nestled in a serene and quite neighborhood, this property offers exclusive waterfront access for year-round enjoyment—swim and kayak in the summer and ice skate during the winter. Step inside the inviting foyer that leads to a private home office, while the open concept sun-drenched main level features a living room with a cozy gas fireplace, fully renovated powder room, gourmet kitchen with stainless-steel appliances, granite countertops, and breathtaking lake views from the deck, making it a chef’s dream. The upper level is designed for convenience and comfort, boasting three generously sized bedrooms, a versatile loft, and a laundry room. The luxurious primary suite is a private retreat with serene lake vistas, a walk-in closet, and a private full bathroom with a soaking tub, double sink and stand-up shower. The walkout lower level is an entertainer’s haven, featuring a spacious family room that opens to a patio, 4th bedroom and a 3/4 bathroom. Access the lake through your fully fenced backyard and your private dock. Located in charming Farmington, this home combines the best of small-town living with easy access to shopping, dining, parks, and walking trails. Experience the perfect blend of luxury, nature, and community—this home is a must-see!

Property Details

Property Features

Property Information:

  • Year Built: 2013
  • Living Area: 3,295 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage

Virtual/3D Tour

  • 3D Tour: 4532 198th St W
3D Tour

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $175/SqFt

Tax Information:

  • Annual Amount: $7,390
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Farmington, MN.

Map thumbnail provided by MapBox

Farmington, MN

City

Med. Sold Price

$410.5K

Med. Price/SqFt

$193

Avg. Days On Market

40

# of Sold Homes

36

4532 198th St W vs Farmington

$575,000

+$164.4K More

$175/SqFt

-$18 Less

KEY TAKEAWAY

This property is $164.4K more than the Median Sold Price and $18/SqFt less than other homes in Farmington, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6640465

Listing Office:

  • Office Name: Edina Realty, Inc.

IDX Broker Reciprocity Copyright © 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

By searching, you agree to the EULA Terms Agreement.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some or all of the property listings above may have been submitted to the Regional Multiple Listing Service (RMLS) by the listing broker for distribution to cooperating brokers through Broker reciprocity. Attribution of the listing broker may be found on the detail page for all properties. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 22, 2013Home Sold
$69,000
Feb 22, 2013Home Sold
$68,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,390$433,300
2019$7,272$412,930
2018$7,163$406,390
2017$7,039$386,879

History based on county public records data.

Payment Calculator

$2,937

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4292353
5
/10

  • Akin Road Elementary School

  • 5231 195th St W

  • 1.02 miles

  • Public District Grades KG-5

school-card-donut-4292354
4
/10

  • Riverview Elementary School

  • 4100 208th St W

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-4292355
7
/10

  • Meadowview Elementary School

  • 6100 195th St W

  • 1.87 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $94,699. The majority of Farmington, MN residents have income between $35k-100k annually. Residents typically live in married, with kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4532 198th St W

What is the listing price of this property?

The listing price of 4532 198th St W property is $575,000.

What type of property is this?

The property 4532 198th St W is a house located in Farmington, Minnesota, 55024.

Is this property for sale now?

Coming Soon: 4532 198th St W is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $7,390 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 22, 2013 for $69,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4532 198th St W has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4532 198th St W is 3,295 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4532 198th St W is 2013.

Rocket Homes›Minnesota›Dakota County›Farmington›55024›4532 198th St W

This home is located at 4532 198th St W in Farmington, MN and zip code 55024 in the Mystic Meadows neighborhood. This 3,295 square foot home was built in 2013. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 16, 2024 and is currently priced at $575,000.

Over 10 listings were sold over their listed price in November 2024 in Farmington, MN. In the same period over 15 listings were sold below the listed price and 11 listings were sold for the listed price. In November 2024 in Farmington, MN there were 13.1% less homes for sale than in October 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $410,588 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More Resources