NOT LISTED FOR SALE

10642 County Road 3 NW Pine Island, MN 55963

Estimated Value: $676,000 - $783,000

4 Beds
3 Baths
3,886 Sq Ft
$187/Sq Ft Est. Value

Last Sold October 09, 2022

Last sale price $675,000 $174 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,363/month

Highlights

  • Wood Burning Stove
  • No HOA
  • 2 Car Attached Garage
  • 1 Fireplace
  • The kitchen features windows
  • Living Room

About This Home

As of October 2022

Rare find, beautiful acreage in the county located off blacktop road, home offers 4 bedrooms, 3 bathrooms and much much more. Master in upstairs with bonus room above garage with master bathroom that has beautiful tile shower and bath tub, off of the master bedroom is a loft area overlooking living room/dining room perfect an office or reading nook, open concept kitchen, living room, dining room with an attached sun room. Basement offers two additional bedrooms and large rec area/living room, with a patio door to pond with waterfall, beautiful landscaping throughout property including two ponds and fire pit patio, outdoor living at its finest/ Don't miss the opportunity to make this home yours.

Last Agent to Sell the Property

Heidi Norton

Infinity Real Estate Listed on: 08/09/2022

Infinity Real Estate

Last Buyer's Agent

Kyle Swanson

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,788

Year Built

  • Built in 2016

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 460 x409x233x380x350

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Log Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Family Room
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 851642082048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,788

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 2602
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 42 x 32
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Concrete, Storage Space
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Wood Burning Stove
  • Living Area: 3886
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1284
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 3886.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Frame,Log

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Insulated Garage
  • Garage Square Feet: 639
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Pine Island
  • SchoolDistrictNumber: 255
  • SchoolDistrictPhone: 507-356-4849

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 460 x409x233x380x350
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Wooded Area: 5
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log, Steel Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 851642082048
  • Tax Annual Amount: 4788
  • TaxWithAssessments: 4788.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 6, 2022
Sold by
Koenen Bridget and Koenen Michael
Bought by
Petersen Jacob and Petersen Maria
Seller's Agent
Heidi Norton
Infinity Real Estate
Buyer's Agent
Kyle Swanson
eXp Realty
List Price
$689,900
Sold Price
$675,000
Premium/Discount to List
-$14,900
-2.16%
Current Estimated Value
$727,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,505
Avg. Annual Appreciation
2.32%
Original Mortgage
$472,500
Outstanding Balance
$453,683
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$268,568
Source: Public Records

Range of Values:

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Average Value
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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
Petersen Jacob $675,000 --
Petersen Jacob $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petersen Jacob $472,500
Closed Petersen Jacob $472,500
Previous Owner Koenen Michael James $322,000
Previous Owner Koenen Bridget $331,000
Previous Owner Koenen Bridget $322,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2022 10/09/22 Sold $675,000 -2.2% $174 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $689,900 -- $178 / Sq Ft
Source: NorthstarMLS

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
2024 $5,840 $642,000 $125,000 $517,000
2023 $5,840 $626,700 $125,000 $501,700
2022 $5,400 $530,700 $100,000 $430,700
2021 $4,788 $477,200 $100,000 $377,200
2020 $5,020 $468,100 $100,000 $368,100
2019 $5,040 $464,000 $100,000 $364,000
2018 $1,903 $447,000 $85,000 $362,000
2017 $746 $275,400 $80,000 $195,400
2016 $276 $75,000 $75,000 $0
2015 -- $25,600 $25,600 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Heidi Norton

    Infinity Real Estate

    (507) 696-8085

    38 Total Sales

    Heidi Norton
    Section Image
  • Kyle Swanson

    Buyer's Agent in 2022

    Kyle Swanson

    eXp Realty

    (507) 226-4430

    250 Total Sales

    Kyle Swanson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6246329

NorthstarMLS

APN: 85.16.42.082048

Minnesota Olmsted County Pine Island 55963

10642 County Road 3 NW, Pine Island, MN

This home is located at 10642 County Road 3 NW, Pine Island, MN 55963 since 09 August 2022 and is currently estimated at $727,505, approximately $187 per square foot. This property was built in 2016. 10642 County Road 3 NW is a home located in Olmsted County with nearby schools including Pine Island Elementary School and Pine Island Secondary School.

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