NOT LISTED FOR SALE

10635 188th Ave NW Elk River, MN 55330

Estimated Value: $536,409 - $571,000

5 Beds
3.5 Baths
4,650 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 15, 2012

Last sale price $270,000 $58 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,500/month

100 Days on Market

Highlights

  • Heated Floors
  • Deck
  • Whirlpool Bathtub
  • Twin Lakes Elementary School Rated A-
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of May 2012

Beautiful walkout 2 story on a double private lot with endless amounts of updates, open pond views & wetlands with wildlife & charm. Radiant floor heat in basement, open spacious vaults with loft. Concrete driveway & wrap around sidewalks. Must see!!!

Last Agent to Sell the Property

Paul Springer

Coldwell Banker Burnet Listed on: 01/31/2012

Last Buyer's Agent

Paul Springer

Coldwell Banker Burnet Listed on: 01/31/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,762

Year Built

  • Built in 2006

Lot Details

  • 0.55 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Fireplace
  • Formal Dining Room
  • Open Floorplan
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,762

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Fenced Yard - Partial, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 0.55
  • Assessment Balance: 10
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1300
  • Mechanicals: Water Softener-Owned
  • Projected Closed Date: 05/15/2012
  • Stories: 2 Story
  • Taxes With Assessments: 4772
  • Comp Dev Subdiv Name: Twin Lakes Estates
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 14x11, On Level: Main
  • Room 2: Dining Room, 12x12, On Level: Main
  • Room 3: Family Room, 19x18, On Level: Main
  • Room 4: Kitchen, 12x12, On Level: Main
  • Room 5: Bedroom, 19x17, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 12x10, On Level: Upper
  • Room 8: Bedroom, 15x11, On Level: Lower
  • Room 9: Bedroom, 14x11, On Level: Lower
  • Room 10: Den/Office, 12x11, On Level: Main
  • Room 11: Loft, 15x13, On Level: Upper
  • Room 12: Laundry Room, 8x6, On Level: Upper
  • Room 13: Den/Office, 11x11, On Level: Main
  • Room 14: Family Room, 19x25, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3475
  • Below Grade Finished Sq Ft: 1175
  • Total Fin Square Footage: 4650

Exterior Features

  • Frontage Road: Curb/Gutters, City, Paved, Sidewalk
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, In Floor

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2011
  • Tax Value: 4762

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2012
Closed on
May 15, 2012
Sold by
Chase Thomas E and Chase Loretta D
Bought by
Carlson Catherine Kipp and Lavern Ronald
Seller's Agent
Paul Springer
Coldwell Banker Burnet
Buyer's Agent
Paul Springer
Coldwell Banker Burnet
List Price
$379,900
Sold Price
$270,000
Premium/Discount to List
-$109,900
-28.93%
Current Estimated Value
$547,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,602
Avg. Annual Appreciation
5.39%
Original Mortgage
$265,109
Outstanding Balance
$180,198
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$367,404

Purchase Details

Closed on
Oct 13, 2006
Sold by
K Hovnanian Homes Of Mn Llc
Bought by
Chase Thomas E and Chase Loretta D

Purchase Details

Closed on
Nov 1, 2005
Sold by
Ryan Development Inc
Bought by
K Hovnanian Homes Of Mn Llc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Carlson Catherine Kipp $270,000 Burnet Title
Chase Thomas E $425,838 --
K Hovnanian Homes Of Mn Llc $2,890,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Catherine Kipp $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2012 05/15/12 Sold $270,000 -28.9% $58 / Sq Ft
05/10/2012 05/10/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $379,900 -- $82 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,532 $569,000 $97,200 $471,800
2024 $7,290 $559,700 $97,200 $462,500
2023 $6,990 $560,100 $97,200 $462,900
2022 $6,286 $511,800 $112,200 $399,600
2020 $6,360 $388,800 $63,800 $325,000
2019 $5,686 $391,100 $56,400 $334,700
2018 $5,474 $377,000 $53,200 $323,800
2017 $5,262 $349,100 $49,900 $299,200
2016 $5,084 $332,500 $45,900 $286,600
2015 $5,018 $312,700 $43,200 $269,500
2014 $4,438 $299,000 $40,500 $258,500
2013 -- $252,200 $36,600 $215,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4101789

REALTOR® Association of Southern Minnesota

APN: 75-735-0935