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5014 203rd St W, Farmington, MN, 55024

$700,000

Home List Price

$8,313*

Closing Credit

4 Bedrooms
2 Full Baths
2,715 SqFt
$258/SqFt
House

Location

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5014 203rd St W, Farmington$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Detached, Gravel, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage
Attached Garage6 spaces
Year Built2003
HeatingForced Air, Radiant Floor
CoolingCentral Air
BasementYes
MLS #6645622
StatusActive

About 5014 203rd St W

Welcome to this fresh take on a modern classic. This home has completely renovated exteriors on the home and shed in just the last couple of years. Inside you'll find cozy in floor and forced air heat, beautiful main floor living and a large walkout basement with family room and two additional bedrooms. This is the one you can enjoy for years to come as well as store all of your toys or have room for your business with the fully finished and heated garage attached to the home and a 40 x 60 pole shed that is also finished and heated. Subject to final lot split approval from the City of Farmington.

Property Details

Property Features

Property Information:

  • Year Built: 2003
  • Living Area: 2,715 SqFt

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Detached, Gravel, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

Utilities Information:

  • Heating: Forced Air, Radiant Floor
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Pilot Knob to 203rd, Head east, through stop sign, home is on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $258/SqFt

Tax Information:

  • Annual Amount: $5,556
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$414.9K

Med. Price/SqFt

$193

Avg. Days On Market

32

# of Sold Homes

37

5014 203rd St W vs Farmington

1 DAY ON ROCKET

-31 Days

$700,000

+$285K More

$258/SqFt

+$65 More

KEY TAKEAWAY

This property is $285K more than the Median Sold Price and $65/SqFt more than other homes in Farmington, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6645622

Listing Office:

  • Office Name: Keller Williams Preferred Rlty

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Last updated on: 1/9/2025, 2:22:52 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

Dec 04, 2015Home Sold
$342,100

Tax History

YEARPROP. TAXASSESSMENT
2020$5,556$388,000
2019$5,254$349,601
2018$4,795$312,214
2017$4,480$281,803

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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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-1488930
5
/10
  • Akin Road Elementary School

  • 5231 195th St W

  • 0.95 miles

  • Public District Grades KG-5

school-card-donut-1488931
4
/10
  • Riverview Elementary School

  • 4100 208th St W

  • 1.15 miles

  • Public District Grades KG-5

school-card-donut-1488932
7
/10
  • Meadowview Elementary School

  • 6100 195th St W

  • 1.34 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $98,322. Most Farmington, MN residents have annual incomes between $35k-100k. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5014 203rd St W

What is the listing price of this property?

The listing price of 5014 203rd St W property is $700,000.

What type of property is this?

The property 5014 203rd St W is a house located in Farmington, Minnesota, 55024.

Is this property for sale now?

Active Listing: 5014 203rd St W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,556 (source: MLS/based on county public records data).

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

The last sale was on December 4, 2015 for $342,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5014 203rd St W has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5014 203rd St W is 2,715 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5014 203rd St W is 2003.

Rocket Homes›Minnesota›Dakota County›Farmington›55024›5014 203rd St W

This home is located at 5014 203rd St W in Farmington, MN and zip code 55024. This 2,715 square foot home was built in 2003. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 08, 2025 and is currently priced at $700,000.

In December 2024 more than 14 listings in Farmington, MN were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 14 were sold below. The number of homes for sale in Farmington, MN increased by 0.7% between November 2024 and December 2024. Listings spent 32 days on the market in December 2024, and had a median list price of $414,930 during the same period.

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

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