NOT LISTED FOR SALE

12894 196th Ln NW Elk River, MN 55330

Estimated Value: $531,956 - $614,000

4 Beds
3.5 Baths
3,178 Sq Ft
$182/Sq Ft Est. Value

Last Sold January 23, 2014

Last sale price $307,000 $97 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,602/month

74 Days on Market

Highlights

  • Vaulted Ceiling
  • Porch
  • Woodwork
  • Wood Flooring
  • 4 Car Attached Garage
  • Walk-In Closet

About This Home

As of January 2014

Custom 2-story~4BR/4BA. Luxury kitch with granite counters/SS appliances/custom cabs/stone backsplash~Stone fplc~Hrdwood flrs~Study~Ceramic tile baths~Mstr Suite w/walk-in closet, priv 3/4 bath~LL Fam Rm & full bath~4 car garage~Near ER Golf Course/trails

Last Agent to Sell the Property

Linda Schultz

Keller Williams Classic Rlty NW Listed on: 10/10/2013

Last Buyer's Agent

John Squier

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,374

Year Built

  • 2013

Lot Details

  • 0.25

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Home Under Construction
  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

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

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Additional Features

  • Porch
  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 757360250

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,374

Year Built

2013

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Driveway - Concrete, Porch
  • Estimated Number of Acres: 0.25
  • Construction: Under Construction-Spec Home
  • Foundation Size: 1083
  • Parcel Number: 757360250
  • Projected Closed Date: 01/30/2014
  • Stories: 2 Story
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2013

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Full Basement, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 2: Dining Room, 12x13, On Level: Main
  • Room 3: Family Room, 17x16, On Level: Main
  • Room 4: Kitchen, 13x17, On Level: Main
  • Room 5: Bedroom, 14x18, On Level: Upper
  • Room 6: Bedroom, 11x11, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 11x14, On Level: Lower
  • Room 9: Family Room, 19x28, On Level: Lower
  • Room 10: Den/Office, 10x11, On Level: Main
  • Basement Features: Drainage System, Egress Windows, Finished, Sump Pump, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2188
  • Below Grade Finished Sq Ft: 990
  • Total Fin Square Footage: 3178

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Exterior: Brick, Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association Fee: Yes
  • Association Fee: 300

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: 99x149x53x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2013
Closed on
Jan 23, 2014
Sold by
Benzinger Jonathan and Benzinger Rachael
Bought by
Dammann Steven D and Dammann Ann E
Seller's Agent
Linda Schultz
Keller Williams Classic Rlty NW
Buyer's Agent
John Squier
Keller Williams Classic Realty
List Price
$299,900
Sold Price
$307,000
Premium/Discount to List
$7,100
2.37%
Current Estimated Value
$578,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,989
Avg. Annual Appreciation
5.54%
Original Mortgage
$245,600
Outstanding Balance
$186,124
Interest Rate
4.49%
Mortgage Type
New Conventional
Estimated Equity
$392,865

Purchase Details

Closed on
Sep 16, 2013
Sold by
Benzinger Properties Inc
Bought by
Benzinger Jonathan and Benzinger Rachael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.38%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 7, 2012
Closed on
May 3, 2013
Sold by
The Bank Of Elk River
Bought by
Benzinger Properties Inc
Seller's Agent
Kevin Bergstrom
Coldwell Banker Vision
Buyer's Agent
Chad Weeks
Arrow Real Estate Corp
List Price
$32,900
Sold Price
$30,000
Premium/Discount to List
-$2,900
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.74%
Original Mortgage
$95,200
Interest Rate
3.51%
Mortgage Type
Seller Take Back
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
Dammann Steven D $307,000 Liberty Title Inc
Benzinger Jonathan $40,000 Liberty Title Inc
Benzinger Properties Inc $136,000 Sherburne County Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dammann Steven D $245,600
Previous Owner Benzinger Jonathan $195,000
Previous Owner Benzinger Properties Inc $95,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2014 01/23/14 Sold $307,000 +2.4% $97 / Sq Ft
12/23/2013 12/23/13 Pending -- -- --
10/10/2013 10/10/13 For Sale $299,900 +899.7% $94 / Sq Ft
05/03/2013 05/03/13 Sold $30,000 -8.8% $9 / Sq Ft View Prior Sale
04/04/2013 04/04/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $32,900 -- $10 / 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
2025 $6,374 $490,600 $90,700 $399,900
2024 $6,186 $486,000 $90,700 $395,300
2023 $6,420 $485,300 $90,700 $394,600
2022 $5,914 $472,200 $112,200 $360,000
2020 $5,688 $367,800 $73,800 $294,000
2019 $5,044 $354,100 $68,000 $286,100
2018 $4,808 $340,100 $64,000 $276,100
2017 $4,556 $312,900 $60,000 $252,900
2016 $4,398 $294,400 $55,500 $238,900
2015 $3,134 $269,500 $50,900 $218,600
2014 $576 $184,900 $45,300 $139,600
2013 -- $26,800 $26,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550443

REALTOR® Association of Southern Minnesota

APN: 75-736-0250