NOT LISTED FOR SALE

1153 Main St NW Elk River, MN 55330

Estimated Value: $937,839

4 Beds
2.5 Baths
2,780 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 26, 2013

Last sale price $175,000 $63 Per Sq Ft

Est. 436% increase in value since last sale

Current estimated payment $5,495/month

127 Days on Market

Highlights

  • Wood Flooring
  • Woodwork
  • Patio
  • Porch
  • Walk-In Closet
  • Ceiling Fan

About This Home

As of August 2013

Who doesn't dream of working from home? With this charming home comes a 7 unit motel. There's work to be done, but it's a tremendous opportunity. Stained glass, crown molding, french doors, a lot of space. Much more! Call listing agent for more details

Last Agent to Sell the Property

Mel Beaudry

RE/MAX Results Listed on: 04/18/2013

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,437

Year Built

  • Built in 1914

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 186x123
  • Partially Fenced Property
  • Irregular Lot
  • Few Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Freezer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • Tandem Garage
  • Driveway

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 754080630

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,437

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Asphalt, Fenced Yard - Partial, Patio, Porch
  • Estimated Number of Acres: 0.52
  • Assessment Balance: 2734.52
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1296
  • Parcel Number: 754080630
  • Projected Closed Date: 08/26/2013
  • Stories: 2 Story
  • Taxes With Assessments: 6172
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Freezer, Microwave, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 20x13, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 22x13, On Level: Lower
  • Room 4: Kitchen, 13x11, On Level: Main
  • Room 5: Bedroom, 13x12, On Level: Upper
  • Room 6: Bedroom, 12x11, On Level: Upper
  • Room 7: 11x10, On Level: Upper
  • Room 8: Bedroom, 11x10, On Level: Upper
  • Room 9: Porch, 12x10, On Level: Main
  • Room 10: Porch, 25x10, On Level: Main
  • Room 11: Other, 8x8, On Level: Main
  • Basement Features: Partially Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 2500
  • Below Grade Finished Sq Ft: 280
  • Total Fin Square Footage: 2780

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Fiber Board, Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Tandem

Utilities

  • Cooling: Wall
  • Fuel: Natural Gas
  • Heat: Boiler, Fireplace
  • Sewer: City
  • Water: City

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: 186x123
  • Lot/Land Description: Irregular Lot, Tree Coverage - Light

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2013
  • Tax Value: 3437

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2018
Sold by
Beacon Holdings Llc
Bought by
Landmark Motel & Extended Stay Llc
Current Estimated Value
$937,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2015
Sold by
Johnson Keith Marvin and Johnson Deborah K
Bought by
Beacon Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 19, 2015
Sold by
Brand Amy Edwards
Bought by
Johnson Keith Marvin and Johnson Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.64%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Apr 18, 2013
Closed on
Aug 26, 2013
Sold by
The Estate Of James Donald Edwards
Bought by
Johnson Keith Marvin and Johnson Deborah K
Seller's Agent
Mel Beaudry
RE/MAX Results
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$200,000
Sold Price
$175,000
Premium/Discount to List
-$25,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.78%
Original Mortgage
$141,000
Interest Rate
5%
Mortgage Type
Seller Take Back
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
Landmark Motel & Extended Stay Llc $600,000 None Available
Beacon Holdings Llc -- Sherburne County Abstract &
Johnson Keith Marvin $175,000 Sherburne County Abstract &
Johnson Keith Marvin $175,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Landmark Motel & Extended Stay Llc $250,000
Previous Owner Beacon Holdings Llc $215,000
Previous Owner Johnson Keith Marvin $141,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2013 08/26/13 Sold $175,000 -12.5% $63 / Sq Ft
08/23/2013 08/23/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $200,000 -- $72 / 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 $6,926 $183,800 $0 $183,800
2024 $6,754 $240,200 $45,300 $194,900
2023 $7,660 $244,900 $45,300 $199,600
2022 $8,464 $218,800 $35,000 $183,800
2020 $6,790 $385,400 $44,500 $340,900
2019 $6,304 $374,300 $51,500 $322,800
2018 $3,204 $225,500 $62,300 $163,200
2017 $3,826 $181,400 $56,600 $124,800
2016 $4,952 $100,700 $56,600 $44,100
2015 $6,120 $151,200 $56,600 $94,600
2014 $1,522 $149,700 $56,600 $93,100
2013 -- $111,100 $56,600 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4464395

REALTOR® Association of Southern Minnesota

APN: 75-408-0630