12511 40th St N Stillwater, MN 55082
West Lakeland Neighborhood
2
Beds
2.5
Baths
3,160
Sq Ft
9.48
Acres
Highlights
- RV Access or Parking
- 412,949 Sq Ft lot
- No HOA
- Stillwater Area High School Rated A-
- Deck
- Double Oven
About This Home
As of May 2025Fantastic property with price to sell quickly! See it today before you miss out. Nearly 10 acres of BEAUTIFUL LAND for all your needs: peace and serenity, animals, planting, big toys! Only minutes away from Stillwater and the Twin Cities, this lovely one-owner rambler is located on 9.5 acres! Vaulted ceilings in the living room, south facing floor-to-ceiling windows overlooking your private backyard, 4 season wood paneled porch with heated tile flooring, large back deck, walk-out basement and storage shed. Kitchen is charming with beautiful cabinetry, center island, double oven and eat-in breakfast area. Large primary bedroom on main floor with en-suite including double vanity and jetted tub. Second large bedroom in the basement has tiled walk-in rain shower. Could easily make this into a 3+ bedrooms home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,884
Year Built
- Built in 1999
Lot Details
- 9.48 Acre Lot
- Wood Fence
- Chain Link Fence
Parking
- 2 Car Attached Garage
- RV Access or Parking
Interior Spaces
- 1-Story Property
- Family Room
- Living Room
- Basement
Kitchen
- Double Oven
- Range
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Well
Additional Features
- Tillable Land
- Zoned For Horses
Community Details
- No Home Owners Association
- Fairview Ridge Subdivision
Listing and Financial Details
- Assessor Parcel Number 1802920120008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 3, 2025
Closed on
May 8, 2025
Sold by
Herk Land & Lease Llc
Bought by
Ritchie Michael and Ritchie Heidi
Seller's Agent
Lisa McKasy
Coldwell Banker Realty
Buyer's Agent
Bryon Andrews
BRIX Real Estate
List Price
$524,900
Sold Price
$540,000
Premium/Discount to List
$15,100
2.88%
Total Days on Market
14
Views
76
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$513,000
Outstanding Balance
$513,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$46,858
Purchase Details
Listed on
Aug 29, 2024
Closed on
Oct 17, 2024
Sold by
Nice Verlyn E
Bought by
Herk Land & Lease Llc
Seller's Agent
Melanie Swensen
Edina Realty, Inc.
Buyer's Agent
Lisa McKasy
Coldwell Banker Realty
List Price
$699,900
Sold Price
$694,900
Premium/Discount to List
-$5,000
-0.71%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-36.78%
Original Mortgage
$629,900
Interest Rate
6.32%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 21, 2019
Sold by
Hassett Karen Michele and Nice Verlyn E
Bought by
Hassett Karen M and Nice Verlyn E
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
3.7%
Mortgage Type
New Conventional
Similar Homes in Stillwater, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | Burnet Title | |
| Warranty Deed | $694,900 | Burnet Title | |
| Warranty Deed | $694,900 | Burnet Title | |
| Interfamily Deed Transfer | -- | Legacy Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $513,000 | New Conventional | |
| Previous Owner | $629,900 | Construction | |
| Previous Owner | $375,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | Sold | $540,000 | +2.9% | $171 / Sq Ft |
| 04/15/2025 04/15/25 | Pending | -- | -- | -- |
| 04/08/2025 04/08/25 | For Sale | $524,900 | -24.5% | $166 / Sq Ft |
| 10/18/2024 10/18/24 | Sold | $694,900 | -0.7% | $220 / Sq Ft |
| 09/12/2024 09/12/24 | Pending | -- | -- | -- |
| 08/29/2024 08/29/24 | For Sale | $699,900 | -- | $221 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,042 | $597,500 | $323,600 | $273,900 |
| 2023 | $5,042 | $614,000 | $339,700 | $274,300 |
| 2022 | $4,090 | $535,900 | $295,600 | $240,300 |
| 2021 | $3,806 | $460,400 | $253,900 | $206,500 |
| 2020 | $3,608 | $446,900 | $245,400 | $201,500 |
| 2019 | $3,802 | $432,500 | $242,000 | $190,500 |
| 2018 | $3,656 | $419,700 | $233,500 | $186,200 |
| 2017 | $3,690 | $414,500 | $233,500 | $181,000 |
| 2016 | $3,324 | $407,100 | $236,000 | $171,100 |
| 2015 | $3,380 | $387,400 | $219,800 | $167,600 |
| 2013 | -- | $305,700 | $163,600 | $142,100 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2025
Lisa McKasy
Coldwell Banker Burnet
-
B
Buyer's Agent in 2025
Bryon Andrews
BRIX Real Estate
-
M
Seller's Agent in 2024
Melanie Swensen
Edina Realty, Inc.
-
D
Seller Co-Listing Agent in 2024
David Swensen
Edina Realty, Inc.
Map
Source: NorthstarMLS
MLS Number: 6594482
APN: 18-029-20-12-0008
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