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5872 156th Way, Apple Valley, MN, 55124

3beds
4baths
2,174sqft
$385,000
$177price/sqft
$2,678/moest. monthly cost
$107,120/yrincome needed

About This Home

Fantastic Townhome offers Impeccable Condition in Desirable Apple Valley Location. Built in 2022 this property feels like New Construction without the wait! The entry level features a functional foyer with luxury plank flooring and a built-in boot bench, leading to a versatile family room with triple windows suitable for a home office, gym, or media space. This level also includes a convenient half-bath and access to the insulated garage. The main floor is designed with an open layout, high ceilings, and durable LVP flooring throughout the spacious living and dining areas. The kitchen is well-equipped for cooking and entertaining, featuring Quartz Countertops, Generous Center Island with Pendant Lighting, Snack Bar, Gas Range, upgraded Stainless Steel Appliances! The Primary Suite includes a private bathroom with dual sinks, a tiled shower, and a walk-in closet. Two additional Bedrooms include Custom Closet Organizers, Ceilings Fans and Large Windows! Full guest bathroom, and a Laundry Closet with Washer and Dryer are also located on the upper level. Practical upgrades include comfort-height bath fixtures in powder room and primary bath, LED Disc Lighting with color change options, and Reverse Osmosis low pressure drinking system. Additional features include Washer and Dryer, Blinds on all Windows, Upgraded Stair Rails and Spindles, Built-in Wiring for Future Sound System, plus Water Softener. This urban-style complex provides easy sidewalk access to a community playground and is within walking distance of Target, local dining, and various shops. Outdoor enthusiasts will appreciate the proximity to extensive biking and walking trails, including the tunnel system connecting to the Spirit and Cobblestone neighborhoods. Offering high-end finishes and flexible occupancy, this home provides a modern lifestyle in a central location.

Getting Around

23
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
7/10
10/10

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Age 8 Years or Less,Asphalt
  • Construction materials: Concrete

Type & Style

  • Home type: Townhouse
  • Property subType: (TH) Side x Side

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Laundry Closet,Upper Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Full,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom2

  • Level: Upper
  • Area: 120
  • Dimensions: 12x10

Bedroom3

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 2

Deck

  • Level: Main
  • Area: 133
  • Dimensions: 19x7

Dining Room

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Family Room

  • Level: Lower
  • Area: 156
  • Dimensions: 13x12

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,174

Flex Room

  • Level: Main
  • Area: 99
  • Dimensions: 11x9

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,174
  • Total interior livable area: 2,174 sqft

Kitchen

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Living Room

  • Level: Main
  • Area: 260
  • Dimensions: 20x13

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 015589211050
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 888

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck

Lot

  • Lot size: 1,219 sqft
  • Features: Tree Coverage - Light
  • Lot size dimensions: 1254 x 22

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Garage Door Opener,Tuckunder Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters in Dakota County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,946$23,352
Home Insurance *$227$2,724
Property Taxes $322$3,864
Electricity $183$2,200
Total$2,678$32,136
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,817/yr
40% on housing$80,340/yr
45% on housing$71,413/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.3%
11.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$177This listing

vs Other Active Listings

Avg $/sqft

ZIP 55124$146
Dakota County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 55124$186
Dakota County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Listed for sale$399,000

For Sale by Agent

AgentSheryl Petrashek
BrokerageRE/MAX Results

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