1 / 1
Sold in 52 Days
20960 Flanders Way, Farmington, MN, 55024
Closed On : Mon Feb 12 2024
$490,613
$30.7K Above Asking
List Price : $459,900
4 Bedrooms
1 Full Bath, 1 Partial
2,179 SqFt
House
Schools Nearby
Location
Comparable Homes
Price Details
Housing Market Comparison
See how this home compares to others in Farmington, MN.
City
Med. Sold Price
$375.5K
Med. Price/SqFt
$187
Avg. Days On Market
22
# of Sold Homes
35
20960 Flanders Way vs Farmington
196 DAYS ON ROCKET
+174 Days
$490,613
+$115.1K More
KEY TAKEAWAY
This property is $115.1K more than the Median Sold Price in Farmington, MN.
Based on homes sold in the last 12 months
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: 4/18/2024, 6:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
$2,363
Per Month
Principal & Interest
$2,296
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,445
Powered By
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.
Elementary School
7
/10
Meadowview Elementary
6100 195th St W
Distance between this listing and this school1.40 miles
Public District Grades KG-5
Middle School
5
/10
Boeckman Middle School
800 Denmark Ave
Distance between this listing and this school2.25 miles
Public District Grades 6-8
High School
4
/10
Farmington High School
20655 Flagstaff Ave
Distance between this listing and this school0.46 miles
Public District Grades 9-12
Neighborhood
What Are The Neighbors Like?
How much money do the neighbors make?
4%
<35k
47%
35k-100k
44%
100k-200k
5%
200k+
What level of education do the neighbors have?
- Post Secondary
- 74%
- High School
- 19%
- Masters
- 7%
- Doctorate
- 1%
What types of families live nearby?
27%
Single, No Kids
8%
Single, with Kids
26%
Married, No Kids
39%
Married, with Kids
Are the neighbors home owners or renters?
- Home Owners
- 93%
- Renters
- 7%
How old are people in this area?
24%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
- Soccer
- NASCAR
- College Football
Soccer
NASCAR
College FootballWhere do the neighbors shop?
- Old Navy
- Dick's Sporting Goods
- Best Buy
Old Navy
Dick's Sporting Goods
Best BuyWhere do the neighbors go to eat?
- Jimmy Johns
- Arbys
- Texas Roadhouse
Jimmy Johns
Arbys
Texas RoadhouseWhat do the neighbors drive?
- GMC
- Ram
- Kia
GMC
Ram
KiaWhat do the neighbors listen to?
- New Country
- Adult Hits
- Contemporary Christian
New Country
Adult Hits
Contemporary ChristianThe neighbors living near this home have an average income of $98,322. The most common annual income of people living in Farmington, MN is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Interested in homes like this? Let's connect.
Contact Us
(855) 200-2001Let Us Contact You
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
Rocket Homes›Minnesota›Dakota County›Farmington›55024›20960 Flanders Way
While more than 17 listings in Farmington, MN in March 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 9 were sold below. The number of homes for sale in Farmington, MN increased by 13.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 22 days, the median list price was $375,500.
From Rocket Homes Real Estate and based on county public records data.