Welcome to this stunning two-story home in the prestigious Mystic Meadows neighborhood, perfectly situated on the shores of Lake Ann. Nestled in a serene and quite neighborhood, this property offers exclusive waterfront access for year-round enjoyment—swim and kayak in the summer and ice skate during the winter. Step inside the inviting foyer that leads to a private home office, while the open concept sun-drenched main level features a living room with a cozy gas fireplace, fully renovated powder room, gourmet kitchen with stainless-steel appliances, granite countertops, and breathtaking lake views from the deck, making it a chef’s dream. The upper level is designed for convenience and comfort, boasting three generously sized bedrooms, a versatile loft, and a laundry room. The luxurious primary suite is a private retreat with serene lake vistas, a walk-in closet, and a private full bathroom with a soaking tub, double sink and stand-up shower. The walkout lower level is an entertainer’s haven, featuring a spacious family room that opens to a patio, 4th bedroom and a 3/4 bathroom. Access the lake through your fully fenced backyard and your private dock. Located in charming Farmington, this home combines the best of small-town living with easy access to shopping, dining, parks, and walking trails. Experience the perfect blend of luxury, nature, and community—this home is a must-see!
Closed
$575,000
4532 198th St W, Farmington, MN 55024
4beds
3,650sqft
Single Family
Built in 2013
10,715 Square Feet Lot
$586,100 Zestimate®
$158/sqft
$3,605 Estimated rent
Home value
$586,100
$539,000 - $633,000
$3,605/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Mo Thamer 612-735-0678,
Edina Realty, Inc.
Bought with:
Pam Howard
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6640465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 270 Square Feet
- Dimensions: 18x15
Bedroom 2
- Level: Upper
- Area: 176 Square Feet
- Dimensions: 16x11
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 4
- Level: Basement
- Area: 168 Square Feet
- Dimensions: 14x12
Deck
- Level: Basement
Family room
- Level: Basement
- Area: 560 Square Feet
- Dimensions: 35x16
Garage
- Level: Basement
- Area: 713 Square Feet
- Dimensions: 31x23
Informal dining room
- Level: Main
- Area: 181.5 Square Feet
- Dimensions: 16.5x11
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Laundry
- Level: Upper
- Area: 54 Square Feet
- Dimensions: 09x06
Living room
- Level: Main
- Area: 324 Square Feet
- Dimensions: 18x18
Loft
- Level: Upper
- Area: 144 Square Feet
- Dimensions: 18x08
Office
- Level: Main
- Area: 149.5 Square Feet
- Dimensions: 13x11.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Room, Upper Level
Features
- Basement: Daylight,Finished,Full,Storage Space,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 3,650
- Total interior livable area: 3,650 sqft
- Finished area above ground: 2,489
- Finished area below ground: 806
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Fencing: Chain Link,Full
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 10,715 Square Feet
- Dimensions: 72 x 135 x 88 x 134
Details
- Foundation area: 1161
- Parcel number: 145125006440
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mystic Meadows 1st Add
HOA
- Has HOA: No
Location
- Region: Farmington
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $537,400
- Annual tax amount: $6,754
- Date on market: 12/16/2024
- Cumulative days on market: 8 days
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Sold | $575,000$158/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6640465 Report a problem | ||
| 12/27/2024 | Pending sale | $575,000$158/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6640465 Report a problem | ||
| 12/19/2024 | Listed for sale | $575,000+676.4%$158/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6640465 Report a problem | ||
| 2/22/2013 | Sold | $74,060$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,852 +2% | $537,400 -0.2% |
| 2023 | $7,698 +4.5% | $538,700 +5.2% |
| 2022 | $7,368 +4.2% | $512,200 +16.5% |
| 2021 | $7,070 -4.3% | $439,800 +1.5% |
| 2020 | $7,390 +1.6% | $433,300 +4.9% |
| 2019 | $7,272 | $413,000 +1.5% |
| 2018 | $7,272 +1.5% | $407,000 +4.6% |
| 2017 | $7,163 +1.8% | $389,100 +1.1% |
| 2016 | $7,039 -1.9% | $384,700 -0.6% |
| 2015 | $7,174 +10.1% | $387,097 +5.6% |
| 2014 | $6,517 +11.2% | $366,496 +775.1% |
| 2013 | $5,862 +185% | $41,880 |
| 2012 | $2,057 -1.4% | -- |
| 2011 | $2,087 | -- |
Find assessor info on the county website
Neighborhood: 55024
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Nearby schools
GreatSchools rating
- 6/10Riverview Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 5/10Robert Boeckman Middle SchoolGrades: 6-8Distance: 2.1 mi
- 5/10Farmington High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$586,100
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Estimated market value
$586,100
- Minnesota
- Dakota County
- Farmington
- 55024
- 4532 198th St W
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