NOT LISTED FOR SALE

12625 224th Ct NW Elk River, MN 55330

Estimated Value: $674,000 - $708,000

5 Beds
3.5 Baths
4,840 Sq Ft
$141/Sq Ft Est. Value

Last Sold December 22, 2023

Last sale price $610,000 $126 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,460/month

55 Days on Market

Highlights

  • Home Theater
  • Family Room with Fireplace
  • Home Office
  • 38,333 Sq Ft lot
  • Main Floor Primary Bedroom
  • Porch

About This Home

As of December 2023

Welcome to this Beautiful 2 Story home in the Ridges of Rice Lake. Nestled on a private wooded lot, this home features 5 Bedrooms, 4 Bathrooms, and 4,840 finished sq ft. Main floor has a very open and spacious feel to it. Master Bedroom w/ ensuite and walk in closet, 4 seasons porch, kitchen, dining room, office, mudroom and laundry all on main level. Upper level has 3 good sized bedrooms and full bathroom. Lower level walkout has been completely finished. Huge family room w/ gas fireplace, theater room, 5th bedroom and full bathroom. Backyard has new maintenance free decking and paver patio!

Last Agent to Sell the Property

Tyler Carlson

Edina Realty, Inc. Listed on: 10/27/2023

Edina Realty, Inc.

Last Buyer's Agent

Erick Peterson

Keller Williams Integrity NW

Keller Williams Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,586

Year Built

  • Built in 2002

Lot Details

  • 0.88 Acre Lot
  • Lot Dimensions are 112x292x128x313

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Shared Septic

Community Details

  • Association fees include water
  • Ridges Of Rice Lake HOA, Phone Number (612) 429-6039
  • The Ridges Of Rice Lake Cic #21 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 756720515

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,586

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: 2
  • Water Source: Well
  • Fee Frequency: Annually
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 3122
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Storage Space, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 4840
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1718
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Four Season Porch, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Office, Informal Dining Room, Media Room, Garage
  • SqFtTotal: 4840.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: Shared Septic
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other, Water
  • Phone: 612-429-6039
  • Association Fee: 1575
  • Association: Yes
  • Amenities Unit: Deck,French Doors,Hardwood Floors,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio

Association/Amenities

  • HOA Management Co: Ridges of Rice Lake HOA

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 112x292x128x313
  • Lot Size Sq Ft: 38332.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 756720515
  • Tax Annual Amount: 7586
  • TaxWithAssessments: 7586.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Dec 22, 2023
Sold by
Monson Camille Davis
Bought by
Schoen Thomas J and Schoen Lauren M
Seller's Agent
Tyler Carlson
Edina Realty, Inc.
Buyer's Agent
Erick Peterson
Keller Williams Integrity NW
List Price
$610,000
Sold Price
$610,000
Views
59
Current Estimated Value
$683,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,955
Avg. Annual Appreciation
6.38%
Original Mortgage
$488,000
Outstanding Balance
$337,352
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$346,603

Purchase Details

Closed on
Oct 29, 2013
Sold by
Monson Michael and Monson Camille
Bought by
Monson Camille

Purchase Details

Closed on
Nov 18, 2005
Sold by
Zimmerman Robert J and Zimmerman Traci
Bought by
Wiechert Relocation Resources Inc

Purchase Details

Closed on
Oct 31, 2005
Sold by
Zimmerman Robert J and Zimmerman Traci
Bought by
Wiechert Relocation Resources Inc

Purchase Details

Closed on
Apr 2, 2004
Sold by
L D K Builders Inc
Bought by
Zimmerman Robert J

Purchase Details

Closed on
Oct 17, 2001
Sold by
Cascade Iii Land Co Llc
Bought by
L D K Builders Inc
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
Schoen Thomas J $610,000 None Listed On Document
Monson Camille -- None Available
Wiechert Relocation Resources Inc $455,000 --
Wiechert Relocation Resources Inc $455,000 --
Zimmerman Robert J $450,000 --
L D K Builders Inc $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoen Thomas J $488,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2023 12/22/23 Sold $610,000 0.0% $126 / Sq Ft
10/27/2023 10/27/23 For Sale $610,000 -- $126 / 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 $8,990 $659,700 $153,600 $506,100
2024 $8,702 $651,900 $153,100 $498,800
2023 $7,586 $652,700 $153,100 $499,600
2022 $7,122 $548,400 $103,700 $444,700
2020 $7,334 $445,900 $69,100 $376,800
2019 $6,612 $451,000 $67,100 $383,900
2018 $6,680 $438,400 $63,300 $375,100
2017 $6,550 $423,800 $59,500 $364,300
2016 $6,640 $410,100 $55,100 $355,000
2015 $6,480 $409,200 $59,600 $349,600
2014 $6,300 $387,000 $56,000 $331,000
2013 -- $359,000 $49,200 $309,800
Source: Public Records

Agents Affiliated with this Home

  • Tyler Carlson

    Seller's Agent in 2023

    Tyler Carlson

    Edina Realty, Inc.

    (651) 491-8424

    1 in this area

    46 Total Sales

    Tyler Carlson
    Section Image
  • Erick Peterson

    Buyer's Agent in 2023

    Erick Peterson

    Keller Williams Integrity NW

    (612) 709-0293

    13 in this area

    366 Total Sales

    Erick Peterson
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6453816

NorthstarMLS

APN: 75-672-0515

Minnesota Sherburne County Elk River 55330

12625 224th Ct NW, Elk River, MN

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