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305 8th Street Farmington, MN 55024

Value Estimate
--Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
4
Stories
2
Payment Estimate
--
Baths Full
3
Address Stories
2
Rent Estimate
--Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Parking
Garage
Tax Estimate
--Estimated property taxes paid on an annual basis.
Sq Ft
2,079
Parking Spaces
2
 HomeScore
64A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
0.28
 InvestorScore
67A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Wood
Last Sale Date
06/05/2007
Style
--
Last Sale Price
$214,500
Year Built
1911

305 8th Street is located in Farmington, MN. This townhome has 4 bedrooms, 3 bathrooms, and approximately 2,079 sqft of living space. The property was built in 1911. Similar townhomes nearby have 4 bedrooms and 3 baths.

Property History

DateEventSourcePrice
6/5/2007SoldTax Records$214,500

Farmington Market Trends

Check out Farmington homes for sale, read the Farmington real estate news or review the Farmington real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
84
Healthy

95

$275,000

43

2.9

Median Sales Price
$219,000
+3.5%
Sales (30 Days)
33
-8.3%

Farmington REAL ESTATE NEWS

The Farmington market remained sluggish with 30 homes sold in the last 30 days, an 11.8% sales drop. The median sales price climbed to $199,950, up from last week's $194,300. There are only three mont... Read More »

The Farmington remained below its 12-month average sales volume this week as sales dropped 13.5% to hit 32 homes sold over the last 30 days. The median sales price rose to $201,950 over the latest rep... Read More »

Farmington has a population that is much older than most in Minnesota with a median age of 31 years. Also, it's very affluent with a median income of $70,869 per household. It should be noted that at... Read More »

305 8th Street Mortgage Information

3.78%
--

The typical purchase scenario above assumes a credit score of 720 or higher and a 20% cash down payment on a 30-year fixed-rate mortgage. Visit the free and anonymous Homesnap Mortgage Market to check rates and customize a mortgage for your scenario.

305 8th Street Map

Ask a local expert about this home:
Coldwell Banker Burnet
Snapped 2 homes in this area
Berkshire Hathaway Homeservices Lovejoy Realty
Snapped 1 home in this area
Coldwell Banker Burnet
Snapped 1 home in this area

305 8th St, Farmington, MN 55024US
305 8th St is located in Farmington, MN. This townhome has 4 bedrooms, 3 bathrooms, and approximately 2,079 sqft of living space. The property was built in 1911. Similar townhomes nearby have 4 bedrooms and 3 baths. Mark Hinks, Jennifer Ritzman, and Laura Berger are Homesnap Local Experts in and around Farmington.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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