NOT LISTED FOR SALE

12531 224th Ct NW Elk River, MN 55330

Estimated Value: $531,922 - $659,000

3 Beds
3.5 Baths
2,969 Sq Ft
$196/Sq Ft Est. Value

Last Sold May 10, 2023

Last sale price $475,000 $160 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,751/month

119 Days on Market

Highlights

  • 31,799 Sq Ft lot
  • Home Office
  • 3 Car Attached Garage
  • Radiant Floor
  • Porch
  • 1-Story Property

About This Home

As of May 2023

Oh my goodness! You won’t believe your eyes! Come see this single level home in the highly desirable Ridges of Rice Lake! Driving in, you will be overcome by the privacy of the home surrounded by mature trees. Upon entering, you will notice how every attention to detail has been addressed. Newer roof and shakes (2017-2018), new appliances, furnace, AC, and water heater (2020), several rooms have newer carpet, and check out the recent kitchen updates! Quartz countertops, eye-catching back-splash, and cabinet space! The open concept main floor leads to the nicest screened in 3-season porch you can imagine! The living area has the most gorgeous stone fireplace, and you will enjoy the views. Don’t forget to check out the large owner’s suite, with a bathroom updated in 2017 and closet that will impress! The lower level is immaculate, with more windows to enjoy the great outdoors, a third bedroom, and recently finished office. Come see it while you can!

Last Agent to Sell the Property

Jason Neuhaus

Coldwell Banker Realty Brokerage Phone: 715-307-5235 Listed on: 01/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Craig Kanis

Prandium Group Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,932

Year Built

  • Built in 2002

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 168x292x50x293
  • Few Trees

HOA Fees

  • $131 Monthly HOA Fees

Parking

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

Home Design

  • Shake Siding
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Shared Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Shared Septic

Additional Features

  • Air Exchanger
  • Porch

Community Details

  • Association fees include recreation facility, water
  • Ridges Of Rice Lake Association, Phone Number (763) 438-0814
  • The Ridges Of Rice Lake Cic #2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 756720540

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,932

Year Built

Built in 2002

Lot Details

0

HOA Fees

$131 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Shared System
  • Fee Frequency: Annually
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1917
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 715-307-5235
  • Attribution Contact: 715-307-5235
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 2969
  • Below Grade Finished Sq Ft: 1052
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Three Season Porch
  • SqFtTotal: 3834.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: Mound Septic, Shared Septic
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other, Recreation Facility, Water
  • Phone: 763-438-0814
  • Association Fee: 1575
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Paneled Doors,Porch,Satelite Dish,Security System,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Ridges of Rice Lake

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 168x292x50x293
  • Lot Size Sq Ft: 31798.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 756720540
  • Tax Annual Amount: 5932
  • TaxWithAssessments: 5932.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
May 10, 2023
Sold by
Nordin Michael and Nordin Rebecca
Bought by
Flegel Shannon and Flegel Christopher
Seller's Agent
Jason Neuhaus
Coldwell Banker Realty
Buyer's Agent
Craig Kanis
Prandium Group Real Estate
List Price
$509,900
Sold Price
$475,000
Premium/Discount to List
-$34,900
-6.84%
Views
320
Current Estimated Value
$580,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,731
Avg. Annual Appreciation
8.48%
Original Mortgage
$375,000
Outstanding Balance
$364,439
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$216,292

Purchase Details

Listed on
Oct 6, 2014
Closed on
Mar 23, 2015
Sold by
Wicklund Jeffrey J and Wicklund Cindy Kay
Bought by
Nordin Michael C and Nordin Rebecca M
Seller's Agent
Gayle Miller
Counselor Realty, Inc.
Buyer's Agent
Gregory Corrow
Edina Realty, Inc.
List Price
$349,900
Sold Price
$339,500
Premium/Discount to List
-$10,400
-2.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$322,525
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2003
Sold by
Christian Development Llc
Bought by
Wicklund Jeffrey J and Wicklund Cindy Kay
Source: Public Records

Range of Values:

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Average Value
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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
Flegel Shannon $475,000 --
Nordin Michael C $339,500 None Available
Wicklund Jeffrey J $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flegel Shannon $375,000
Previous Owner Nordin Michael C $322,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2023 05/10/23 Sold $475,000 -3.1% $160 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
03/23/2023 03/23/23 Price Changed $490,000 -2.0% $165 / Sq Ft
01/25/2023 01/25/23 Price Changed $500,000 -1.9% $168 / Sq Ft
01/05/2023 01/05/23 For Sale $509,900 +50.2% $172 / Sq Ft
03/23/2015 03/23/15 Sold $339,500 -3.0% $119 / Sq Ft View Prior Sale
02/16/2015 02/16/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $349,900 -- $123 / Sq Ft
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 $6,976 $526,200 $140,700 $385,500
2024 $6,696 $524,500 $140,200 $384,300
2023 $6,152 $521,200 $140,200 $381,000
2022 $5,932 $452,400 $103,700 $348,700
2020 $6,224 $382,000 $69,100 $312,900
2019 $5,646 $384,900 $67,100 $317,800
2018 $5,746 $377,100 $63,300 $313,800
2017 $5,610 $368,100 $59,500 $308,600
2016 $5,638 $355,700 $55,100 $300,600
2015 $5,582 $346,800 $58,800 $288,000
2014 $5,420 $332,700 $55,100 $277,600
2013 -- $308,400 $48,400 $260,000
Source: Public Records

Agents Affiliated with this Home

  • Jason Neuhaus

    Seller's Agent in 2023

    Jason Neuhaus

    Coldwell Banker Burnet

    (715) 307-5235

    3 in this area

    250 Total Sales

    Jason Neuhaus
    Section Image
  • Craig Kanis

    Buyer's Agent in 2023

    Craig Kanis

    Prandium Group Real Estate

    (612) 518-6221

    1 in this area

    29 Total Sales

    Craig Kanis
    Section Image

  • G

    Seller's Agent in 2015

    Gayle Miller

    Counselor Realty, Inc.

  • G

    Buyer's Agent in 2015

    Gregory Corrow

    Edina Realty, Inc.

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6320751

NorthstarMLS

APN: 75-672-0540

Minnesota Sherburne County Elk River 55330

12531 224th Ct NW, Elk River, MN

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