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4831 187th St W, Farmington, MN, 55024

5beds
3baths
2,910sqft
$450,000
$155price/sqft
$3,190/moest. monthly cost
$127,600/yrincome needed

About This Home

Welcome to this 5-bedroom, 3-bathroom home in the heart of Farmington—where comfort, space, and outdoor living come together seamlessly. From the moment you step inside, you’re greeted by a grand entryway highlighted by a stunning staircase and expansive living spaces designed for both everyday living and entertaining. The thoughtfully designed layout offers generous room sizes throughout, including a finished walk out lower level featuring an impressive bar and entertainment area—perfect for hosting gatherings or relaxing with family and friends. Step outside to your fully fenced backyard oasis, where peaceful views of a scenic waterway create the perfect backdrop for fishing, kayaking, or simply enjoying nature and local wildlife. The adjacent walking and biking path adds even more value, offering year-round recreation just steps from your door. Additional highlights include a spacious 3-car garage and a convenient backyard shed—ideal for storing bikes, lawn equipment, and outdoor gear. This home truly has it all—space, location, and lifestyle. A rare opportunity to own a property that checks every box for modern family living. Schedule your private showing today and experience everything this incredible home has to offer!

Getting Around

8
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

6/10
5/10
5/10
Farmington High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 2005

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Egress Window(s),Finished,Full,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedroom2

  • Level: Upper
  • Area: 132
  • Dimensions: 12x11

Bedroom3

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom4

  • Level: Lower
  • Area: 132
  • Dimensions: 12x11

Bedroom5

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1

Deck

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

Dining Room

  • Level: Upper
  • Area: 130
  • Dimensions: 13x10

Family Room

  • Level: Lower
  • Area: 405
  • Dimensions: 27x15

Features

  • Finished area below ground: 1,338
  • Finished area above ground: 1,572

Foyer

  • Level: Main
  • Area: 72
  • Dimensions: 12x6

Heating & Cooling

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

Interior Area

  • Total structure area: 2,910
  • Total interior livable area: 2,910 sqft

Kitchen

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

Living Room

  • Level: Upper
  • Area: 306
  • Dimensions: 18x17

Other

  • Level: Lower
  • Area: 180
  • Dimensions: 18x10

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 144780201040
  • Zoning description: Residential-Single Family
  • Foundation area: 1338

Features

  • Levels: Multi/Split
  • Pool features: None
  • Patio & porch: Deck,Patio
  • Fencing: Chain Link,Full

Lot

  • Lot size: 9,975 sqft
  • Features: Property Adjoins Public Land,Tree Coverage - Light
  • Lot size dimensions: 75 x 134

Parking

  • Total spaces: 3
  • Parking features: Attached,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 $2,275$27,300
Home Insurance *$243$2,916
Property Taxes $427$5,124
Electricity $245$2,945
Total$3,190$38,280
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,371/yr
40% on housing$95,700/yr
45% on housing$85,066/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

$155This listing

vs Other Active Listings

Avg $/sqft

ZIP 55024$186
Dakota County$173

vs Homes Sold Last Month

Median $/sqft

ZIP 55024$198
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
2026-05-04Listed for sale$450,000
2019-11-08Sold$350,000
2019-10-02Pending sale$354,999
2019-09-20Price change$354,999
2019-08-14Listed for sale$359,999
2005-08-09Sold$296,072

For Sale by Agent

AgentJoey Clark
BrokerageeXp Realty

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