NOT LISTED FOR SALE

11480 W Lake Rd Rice, MN 56367

Estimated Value: $873,071 - $954,000

5 Beds
6 Baths
7,196 Sq Ft
$126/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $750,000 $104 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,874/month

163 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Family Room with Fireplace
  • Game Room
  • Home Theater
  • No HOA
  • Home Office

About This Home

As of November 2022

Built at an original cost of over One Million Dollars! This custom built two-story home sits on 150' of shoreline on Little Rock Lake. With Asian Walnut flooring , an open floor plan that has an amazing amount of natural light, Stainless Steel appliances, granite counter tops, gas and wood burning fireplaces, generous size bedrooms, a master suite with walk-in closet, private master bath with heated floors, 3 season porch, media room, craft room, game room, office and so much more. There is an additional section of home that would be perfect for extended family, visitors, rental , or even a home based business/office. You can entertain guests on the lakeside deck or enjoy a quiet cup of coffee while watching the sunrise from the 3 season porch in front of the wood fireplace. You can access the Mississippi river and stop by the local restaurant on the lake.

Last Agent to Sell the Property

Randall Northey

Premier Real Estate Services Listed on: 12/04/2021

Premier Real Estate Services

Co-Listed By

Dan Lundgren

Premier Real Estate Services

Last Buyer's Agent

Randall Northey

Premier Real Estate Services Listed on: 12/04/2021

Premier Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,550

Year Built

  • Built in 2007

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 313x272x151x170
  • 150 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding

Interior Spaces

  • 7,196 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Game Room
  • Hobby Room
  • Crawl Space

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Alexandras Sandy Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 120145000

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,550

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Doors 36"+, Grab Bars In Bathroom, Door Lever Handles, Roll-In Shower
  • Fireplaces: 3
  • Water Source: Well
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 7196
  • Water Body Name: Little Rock
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Dryer, Exhaust Fan, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Family Room, Gas, Living Room, Stone, Wood Burning
  • Living Area: 7196
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Media Room, Office, Game Room, Hobby Room
  • SqFtTotal: 7193.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: East, Panoramic
  • Lake Acres: 1310
  • LakeChain: N
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 1025

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Security System,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Sauk Rapids-Rice
  • SchoolDistrictNumber: 47
  • SchoolDistrictPhone: 320-253-4703

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 313x272x151x170
  • Lot Size Sq Ft: 43124.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 120145000
  • Tax Annual Amount: 9550
  • TaxWithAssessments: 9560.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Nov 18, 2022
Sold by
Johnson James M and Johnson Monique
Bought by
Elleff Daniel
Seller's Agent
Randall Northey
Premier Real Estate Services
Buyer's Agent
Randall Northey
Premier Real Estate Services
List Price
$849,000
Sold Price
$750,000
Premium/Discount to List
-$99,000
-11.66%
Current Estimated Value
$908,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,024
Avg. Annual Appreciation
7.64%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Johnson James M and Johnson Monique R
Bought by
Johnson James M and Johnson Monique R

Purchase Details

Closed on
Jul 30, 2010
Sold by
Johnson James M and Johnson Monique R
Bought by
Johnson James M and Johnson Monique R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Elleff Daniel $750,000 First American Title
Johnson James M -- --
Johnson James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson James M $375,000
Previous Owner Johnson $400,000
Previous Owner Johnson $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $750,000 -4.9% $104 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $789,000 -1.3% $110 / Sq Ft
05/09/2022 05/09/22 Price Changed $799,000 -5.9% $111 / Sq Ft
04/26/2022 04/26/22 For Sale $849,000 +13.2% $118 / Sq Ft
02/16/2022 02/16/22 Off Market $750,000 -- --
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
2025 $11,108 $1,120,500 $103,300 $1,017,200
2024 $10,372 $1,019,100 $77,900 $941,200
2023 $10,348 $979,500 $67,400 $912,100
2022 $9,928 $886,300 $67,400 $818,900
2021 $9,560 $758,900 $67,400 $691,500
2018 $8,950 $698,300 $56,700 $641,600
2017 $8,950 $636,300 $56,700 $579,600
2016 $8,390 $618,000 $56,700 $561,300
2015 $7,880 $536,800 $56,700 $480,100
2014 -- $557,100 $70,699 $486,401
2013 -- $557,100 $70,699 $486,401
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6130070

NorthstarMLS

APN: 12.01450.00