NOT LISTED FOR SALE

11366 196th Ln NW Elk River, MN 55330

Estimated Value: $493,000 - $532,000

0.36 Acre
$1,417,567 Price per Acre
15,682 Sq Ft Lot

Last Sold May 19, 2014

Last sale price $35,900

Est. 1,322% increase in value since last sale

Current estimated payment $3,226/month

322 Days on Market

Highlights

  • Hilly Lot
  • Agricultural
  • Level Lot
  • Parker Elementary School Rated A-

About This Lot

As of May 2014

Plan to Build Your Dream Home! Open to Bldrs or Individuals who want a Grt Investment! Ovszd City Lot in Beautiful Wooded Development Adjoins Pk & Nature Areas, Seconds to Elk River. Additional lots available.

Last Agent to Sell the Property

Ron West

RE/MAX Results Listed on: 06/17/2013

Last Buyer's Agent

Gretchen Maue

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,332

Lot Details

  • 0.36 Acre Lot
  • Level Lot
  • Irregular Lot
  • Hilly Lot
  • Few Trees
  • Finished Lot(s)

Additional Features

  • Agricultural
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 757710345

Property Details

Property Type

Land

Est. Annual Taxes

$6,332

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Assessments: Unknown
  • Parcel Number: 757710345
  • Projected Closed Date: 05/30/2014
  • Taxes With Assessments: 1008
  • Estimated Number of Acres: 0.36
  • Additional Information: Abstract, Easements, Platted
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters
  • Topography: Hilly, Level, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas, Telephone

Schools

  • School District: Elk River #728

Lot Info

  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2016
Sold by
Maue Bruce and Maue Eva
Bought by
Locken Patrick K and Locken Gretchen M
Current Estimated Value
$510,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Outstanding Balance
$150,908
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$359,416

Purchase Details

Listed on
Jun 17, 2013
Closed on
May 19, 2014
Sold by
Cm Points Holdings Llc
Bought by
Maue Bruce
Seller's Agent
Ron West
RE/MAX Results
Buyer's Agent
Gretchen Maue
Edina Realty, Inc.
List Price
$29,900
Sold Price
$35,900
Premium/Discount to List
$6,000
20.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.17%

Purchase Details

Listed on
Jun 17, 2013
Closed on
Apr 29, 2014
Sold by
Hillside Holdings Inc
Bought by
Cm Points Holdings Llc
Seller's Agent
Ron West
RE/MAX Results
Buyer's Agent
Gretchen Maue
Edina Realty, Inc.
List Price
$29,900
Sold Price
$35,900
Premium/Discount to List
$6,000
20.07%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Locken Patrick K $235,000 Edina Realty Title
Maue Bruce $35,900 Home Security Abstract & Tit
Cm Points Holdings Llc -- Home Security Abstract & Tit
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Locken Patrick K $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2014 05/19/14 Sold $35,900 +20.1% --
05/05/2014 05/05/14 Pending -- -- --
06/17/2013 06/17/13 For Sale $29,900 -- --
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 $6,332 $489,500 $101,500 $388,000
2024 $6,124 $483,000 $101,500 $381,500
2023 $6,044 $480,500 $101,500 $379,000
2022 $5,066 $444,500 $112,200 $332,300
2020 $4,950 $317,500 $67,100 $250,400
2019 $4,310 $311,800 $62,200 $249,600
2018 $4,038 $294,900 $58,600 $236,300
2017 $3,804 $267,600 $55,000 $212,600
2016 $2,166 $250,800 $50,700 $200,100
2015 $662 $130,400 $41,100 $89,300
2014 $636 $32,500 $32,500 $0
2013 -- $29,600 $29,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4521373

REALTOR® Association of Southern Minnesota

APN: 75-771-0345