NOT LISTED FOR SALE

12140 Panama Ave N Stillwater, MN 55082

May Neighborhood

Estimated Value: $1,669,000 - $2,303,514

4 Beds
4.5 Baths
4,773 Sq Ft
$409/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $800,000 $168 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $11,974/month

123 Days on Market

Highlights

  • Lake Front
  • Spa
  • 2.45 Acre Lot
  • Stillwater Middle School Rated A-
  • Heated Floors
  • Deck

About This Home

As of March 2012

Agent is CDPE and works with Law Firm to negotiate successful short sale.

Last Agent to Sell the Property

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 11/07/2011

Last Buyer's Agent

Ryan O'Neill

RE/MAX Advantage Plus Listed on: 11/07/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,026

Year Built

  • 1950

Lot Details

  • 2.45 Acre Lot
  • Lake Front
  • Irregular Lot
  • Sprinkler System

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Drain

Parking

  • 7 Car Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Foreclosure
  • Short Sale

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,026

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Garage Door Opener, Hardwood Floors, Hot Tub, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Driveway - Asphalt, Driveway - Concrete, Hot Tub, Inground Sprinkler System, Patio, Porch
  • Estimated Number of Acres: 2.45
  • Assessment Balance: 3
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 664
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Softener-Owned
  • Potential Short Sale: Yes
  • Projected Closed Date: 04/12/2012
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 11966
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Living Room, Eat-In Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 5
  • Room 1: Living Room, 16x22, On Level: Main
  • Room 2: Dining Room, 14x16, On Level: Main
  • Room 3: Family Room, 20x30, On Level: Lower
  • Room 4: Kitchen, 16x24, On Level: Main
  • Room 5: Bedroom, 9x10, On Level: Main
  • Room 6: Bedroom, 10x12, On Level: Main
  • Room 7: 16x22, On Level: Upper
  • Room 8: Bedroom, 16x24, On Level: Upper
  • Room 9: Mud Room, 10x12, On Level: Main
  • Room 10: Family Room, 15x30, On Level: Lower
  • Room 11: Porch, 16x16
  • Room 12: Great Room, 16x14, On Level: Upper
  • Room 13: Other, 10x12, On Level: Basement
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Partial, Walk-out
  • Finished Above Grade Sq Ft: 4409
  • Below Grade Finished Sq Ft: 364
  • Total Fin Square Footage: 4773

Exterior Features

  • LakeAcres: 461
  • Waterfront Name: Big Carnelian
  • Exterior: Brick, Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 7

Utilities

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

Schools

  • School District: Stillwater #834

Lot Info

  • Estimated Lot Dimensions: irregular
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2012
Sold by
Us Bank National Association
Bought by
Griffith Steve J and Griffith Susan N
Current Estimated Value
$1,952,379

Purchase Details

Listed on
Nov 7, 2011
Closed on
Mar 9, 2012
Sold by
Griffith Susan N and Griffith Susan Norgren
Bought by
Folkman Briam D and Folkman Ann H
Seller's Agent
Ryan O'Neill
RE/MAX Advantage Plus
Buyer's Agent
Ryan O'Neill
RE/MAX Advantage Plus
List Price
$990,000
Sold Price
$800,000
Premium/Discount to List
-$190,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2011
Closed on
Mar 7, 2012
Sold by
Griffith Steven J
Bought by
Griffith Susan Norgren
Seller's Agent
Ryan O'Neill
RE/MAX Advantage Plus
Buyer's Agent
Ryan O'Neill
RE/MAX Advantage Plus
List Price
$990,000
Sold Price
$800,000
Premium/Discount to List
-$190,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Peter J Hagstrom Revocable Trust
Bought by
Griffith Steven J and Griffith Susan Norgren

Purchase Details

Closed on
May 7, 2004
Sold by
Hagstrom Peter J
Bought by
Folkman Brian D and Folkman Ann H

Purchase Details

Closed on
Aug 3, 1999
Sold by
Estate Of Emma L Stoick
Bought by
Hagstrom Peter J
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
Griffith Steve J -- Trademark Title
Folkman Briam D $800,000 Trademark Title Services Inc
Griffith Susan Norgren -- Trademark Title Services Inc
Griffith Steven J $1,160,000 --
Folkman Brian D $150,000 --
Hagstrom Peter J $193,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folkman Ann H $610,000
Closed Folkman Brian D $440,000
Previous Owner Folkman Briam D $417,000
Previous Owner Griffith Steven J $1,000,000
Previous Owner Griffith Steven J $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2012 03/09/12 Sold $800,000 -19.2% $168 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $990,000 -- $207 / 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
2024 $16,026 $1,768,200 $1,061,800 $706,400
2023 $16,026 $1,931,400 $1,224,000 $707,400
2022 $13,744 $1,803,600 $1,107,200 $696,400
2021 $12,796 $1,439,500 $882,300 $557,200
2020 $12,524 $1,427,000 $882,300 $544,700
2019 $12,170 $1,405,300 $835,700 $569,600
2018 $12,296 $1,283,100 $750,700 $532,400
2017 $11,476 $1,282,900 $748,100 $534,800
2016 $11,094 $1,173,300 $721,900 $451,400
2015 $10,906 $1,126,100 $616,900 $509,200
2013 -- $1,012,300 $536,600 $475,700
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Ryan O'Neill

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4087768

REALTOR® Association of Southern Minnesota

APN: 35-031-20-31-0012

Minnesota Washington County Stillwater 55082 May

12140 Panama Ave N, Stillwater, MN

This home is located at 12140 Panama Ave N, Stillwater, MN 55082 since 07 November 2011 and is currently estimated at $1,952,379, approximately $409 per square foot. This property was built in 1950. 12140 Panama Ave N is a home located in Washington County with nearby schools including Stonebridge Elementary School, Stillwater Middle School, and Stillwater Area High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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