2 months on rocket

708 5th St, Farmington, MN, 55024

$399,900

Home List Price

$4,749*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,774 SqFt
$144/SqFt
House

Location

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708 5th St, Farmington$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingConcrete
Garage2 spaces
Year Built1968
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceTwo Sided, Gas, Wood Burning
MLS #6569919
StatusActive

About 708 5th St

Welcome to 708 5th Street! Amazing updated 2-story home in the heart of Farmington features 4 bdrm and laundry upper level, 3 bath, cozy see-through gas fireplace between eat-in kitchen and den - perfect space for your family to enjoy and make lasting memories. A dining room with hardwood floors adjoining the family room - perfect for entertaining friends and family. A private office for the work-at-home professional. Partially finished basement with family room and fireplace, exercise/play room and workshop. The 2nd floor features all 4 bedrooms, laundry and an updated full bathroom. A beautifully maintained yard with patio and mature trees. Recent updates include new HVAC and humidifier, bathroom, gas fireplace, and hardwood floors. This home is conveniently located between Farmington Elementary School and newly renovated Tiger Legacy & Learning Center with new pickleball/basketball courts and school playgrounds. Downtown location close to library, ice cream shop and shopping.

Property Details

Property Features

Property Information:

  • Year Built: 1968
  • Living Area: 2,774 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Fireplace: Two Sided, Gas, Wood Burning

Bedroom and Bathroom Information:

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

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Concrete

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Farmington High School, Public District Grades 9-12
  • Boeckman Middle School, Public District Grades 6-8
  • Farmington Elementary, Public District Grades KG-5

Other

Directions Information:

  • Directions: Pilot Knob to 50. East to 5th St. South to home

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $144/SqFt

Tax Information:

  • Annual Amount: $4,768
  • Tax Year: 2020
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Housing Market Comparison

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

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Farmington, MN

City

Med. Sold Price

$408.6K

Med. Price/SqFt

$191

Avg. Days On Market

25

# of Sold Homes

54

708 5th St vs Farmington

81 DAYS ON ROCKET

+56 Days

$399,900

-$8.7K Less

$144/SqFt

-$48 Less

KEY TAKEAWAY

This property is $8.7K less than the Median Sold Price and $48/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: #6569919

Listing Office:

  • Office Name: Coldwell Banker Realty

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Last updated on: 11/4/2024, 3:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,768$305,700
2019$4,554$266,107
2018$4,241$238,966
2017$4,223$229,047

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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.

Elementary School

school-card-donut-1703008
4
/10

  • Farmington Elementary

  • 500 Maple St

  • 0.10 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1703009
4
/10

  • Boeckman Middle School

  • 800 Denmark Ave

  • 0.63 miles

  • Public District Grades 6-8

High School

school-card-donut-1703010
5
/10

  • Farmington High School

  • 20655 Flagstaff Ave

  • 3.26 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,359. The majority of Farmington, MN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 708 5th St

What is the listing price of this property?

The listing price of 708 5th St property is $399,900.

What type of property is this?

The property 708 5th St is a house located in Farmington, Minnesota, 55024.

Is this property for sale now?

Active Listing: 708 5th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 708 5th St are:
Farmington Elementary: GreatSchools Rating 4/10
Boeckman Middle School: GreatSchools Rating 4/10
Farmington High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,768 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 708 5th St has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 708 5th St is 2,774 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 708 5th St is 1968.

Rocket Homes›Minnesota›Dakota County›Farmington›55024›708 5th St

This home is located at 708 5th St in Farmington, MN and zip code 55024. This 2,774 square foot home was built in 1968. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $399,900.

In October 2024, from all listings sold in Farmington, MN there were more than 21 sold above asking price, over 19 sold below and more than 14 were sold right at the asked price. The number of homes for sale in Farmington, MN increased by 11.8% between September 2024 and October 2024. In October 2024, listings were on the market for 25 days. During the same period, the median list price in this real estate market was $408,625.

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

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