$320,000 Price Analysis 5230 Colony Church RdFarmington, MO 63640 4 bed 3 bath 1,633 SqFt ($195/SqFt) 6.1 acre lot. Built 1996 Listed 2024-04-06, Taxes $1,732 | ✓ USDA Eligible near Farmington, MO |
READY TO SELL. The options are infinite here. This expansiv 6.1 acre property features a well-built brick and si ding home with a 2-car garage, walk out basement, four bedrooms, three baths and so much more. Buy the house and enjoy it and the big manicured lawn. Or divide the property and sell off a portion to return part of your investment. This property is currently outside the city limits (the street is the city/county dividing line).
Or buy the property and develop it. There is new housing on two sides of this property and it reportedly would be capable of annexation into the city of Farmington if you wish. In that case buy it, tear down the house, subdivide it and build several new homes . potentially 9-12 based on neighboring properties. As mentioned earlier, there are endless opportunities with this huge residential property. Don't hesitate to see it for yourself.
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Property MLS #24020485 from MARIS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $31,930 + $3,130 $35,060 | $1,732 |
2021 | $31,930 + $3,130 $35,060 | $1,727 |
2020 | $31,930 + $3,130 $35,060 | $1,634 |
2019 | $31,930 + $3,130 $35,060 | $1,636 |
2018 | $26,570 + $1,620 $28,190 | $1,353 |
2017 | $26,570 + $1,620 $28,190 | $1,351 |
2016 | $unknown + $unknown $28,190 | $1,344 |
2015 | $unknown + $unknown $28,190 | $1,348 |
2014 | $unknown + $unknown $28,190 | $1,357 |
2013 | $unknown + $unknown $28,180 | $1,358 |
2012 | $unknown + $unknown $28,180 | $1,357 |
2011 | $unknown + $unknown $28,180 | $1,363 |
2010 | $unknown + $unknown $28,180 | $1,287 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.