NOT LISTED FOR SALE

12760 Silver Lake Rd Merrifield, MN 56465

Estimated Value: $211,328 - $270,000

3 Beds
2 Baths
1,232 Sq Ft
$186/Sq Ft Est. Value

Last Sold December 12, 2023

Last sale price $193,000 $157 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,356/month

4 Days on Market

Highlights

  • Deck
  • The kitchen features windows
  • 1-Story Property
  • No HOA
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2023

Welcome to single-level living in this 3-bedroom, 2-full bathroom home situated on two lots, totaling 1.36 acres. Inside, you'll find vaulted ceilings in the living room and master bedroom, creating an open and inviting atmosphere. The home boasts an open floor plan, decks for outdoor relaxation, a 2-car garage, a 5x8 storage shed, and a wooded yard. Silver Lake is just across the road, and Edward and Pelican Lakes are in close proximity. This area offers a wealth of recreational opportunities with trails and water activities. Enjoy the privacy with the double lot!!

Last Agent to Sell the Property

Joseph Enge

Edina Realty, Inc. Listed on: 11/01/2023

Edina Realty, Inc.

Co-Listed By

David Mernin

Edina Realty, Inc.

Last Buyer's Agent

Isaiah Moengen

Woods to Water Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 2004

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 200x298
  • Additional Parcels

Parking

  • 2 Car Garage

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Community Details

  • No Home Owners Association
  • Silver Lake Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 531090040090009

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1232
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Rented
  • Living Area: 1232
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 480
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 200x298
  • Lot Size Sq Ft: 59241.6
  • Land Lease: No
  • Additional Parcels Description: 531090040100009
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 531090040090009
  • Tax Annual Amount: 978
  • TaxWithAssessments: 978.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Dec 12, 2023
Sold by
Roesner Lyndsey M and Christoffer Jeremy M
Bought by
Pederson Tanner A and Pederson Danya
Seller's Agent
Joseph Enge
Edina Realty, Inc.
Buyer's Agent
Isaiah Moengen
Woods to Water Real Estate
List Price
$200,000
Sold Price
$193,000
Premium/Discount to List
-$7,000
-3.5%
Views
15
Current Estimated Value
$231,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,719
Avg. Annual Appreciation
10.85%
Original Mortgage
$154,400
Outstanding Balance
$152,398
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$76,344

Purchase Details

Closed on
Sep 9, 2019
Sold by
College Hm Properties Llc
Bought by
Christoffer Jeremy M and Roesner Lyndsey M

Purchase Details

Listed on
Aug 28, 2012
Closed on
Dec 1, 2013
Sold by
Ross Charles and Ross Doris
Bought by
College Home Properties
Seller's Agent
Albin Kuschel
Edina Realty, Inc.
Buyer's Agent
Sandra Swanson
Edina Realty, Inc.
List Price
$124,900
Sold Price
$93,800
Premium/Discount to List
-$31,100
-24.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Listed on
Aug 28, 2012
Closed on
Nov 26, 2013
Sold by
Ross Charles Charles
Seller's Agent
Albin Kuschel
Edina Realty, Inc.
Buyer's Agent
Sandra Swanson
Edina Realty, Inc.
List Price
$124,900
Sold Price
$93,800
Premium/Discount to List
-$31,100
-24.9%
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
Pederson Tanner A $193,000 Edina Realty Title Inc
Christoffer Jeremy M $133,000 --
College Home Properties $93,800 --
-- $93,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Tanner A $154,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2023 12/12/23 Sold $193,000 -3.5% $157 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $200,000 +113.2% $162 / Sq Ft
11/26/2013 11/26/13 Sold $93,800 -24.9% $76 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
08/28/2012 08/28/12 For Sale $124,900 -- $101 / 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
2024 $912 $162,600 $44,600 $118,000
2023 $978 $169,500 $40,700 $128,800
2022 $842 $161,900 $30,000 $131,900
2021 $834 $114,700 $27,800 $86,900
2020 $746 $111,200 $27,300 $83,900
2019 $852 $100,200 $27,100 $73,100
2018 $752 $93,500 $27,100 $66,400
2017 $836 $88,800 $26,000 $62,800
2016 $852 $95,500 $31,800 $63,700
2015 $828 $91,600 $31,800 $59,800
2014 $357 $79,500 $25,000 $54,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6418780

NorthstarMLS

APN: 531090040090009