NOT LISTED FOR SALE

12944 196th Ln NW Elk River, MN 55330

Estimated Value: $547,059 - $589,000

0.31 Acre
$1,843,597 Price per Acre
13,504 Sq Ft Lot

Last Sold March 29, 2013

Last sale price $30,000 $17 Per Sq Ft

Est. 1,805% increase in value since last sale

Current estimated payment $3,585/month

132 Days on Market

About This Lot

As of March 2013

11 lots available in beautiful Wooland Hills, near Elk River Country Club. Build to suit!

Last Agent to Sell the Property

Kevin Bergstrom

Coldwell Banker Vision Listed on: 11/07/2012

Last Buyer's Agent

Kevin Bergstrom

Coldwell Banker Vision Listed on: 11/07/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,644

Lot Details

  • 0.31 Acre Lot
  • 11 Lots in the community
  • Finished Lot(s)

HOA Fees

  • $25 Monthly HOA Fees

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 757360225

Property Details

Property Type

Land

Est. Annual Taxes

$6,644

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Agriculture
  • Parcel Number: 757360225
  • Estimated Number of Acres: 0.31
  • Development: Yes
  • Development Status: Finished Lot
  • Land Improvements: Curbs/Gutters, Paved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: City Water, Electric, Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Lot/Land Description: Paved Streets
  • Total Lots Available: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2018
Sold by
Niederhaus Fay
Bought by
Scarborough Craig and Scarborough Leigh
Current Estimated Value
$571,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,461
Outstanding Balance
$317,071
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$254,444

Purchase Details

Listed on
Nov 7, 2012
Closed on
Mar 29, 2013
Sold by
The Bank Of Elk River
Bought by
Niederhaus Fay
Seller's Agent
Kevin Bergstrom
Coldwell Banker Vision
Buyer's Agent
Kevin Bergstrom
Coldwell Banker Vision
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
26.37%
Original Mortgage
$22,500
Interest Rate
3.52%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Scarborough Craig $361,000 Abstracts & Titles
Niederhaus Fay $30,000 Sherburne County Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarborough Craig $354,461
Previous Owner Niederhaus Fay $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $30,000 -8.8% $17 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
11/07/2012 11/07/12 For Sale $32,900 -- $19 / 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 $6,644 $511,200 $96,900 $414,300
2024 $6,138 $504,500 $96,900 $407,600
2023 $6,296 $481,500 $96,900 $384,600
2022 $6,008 $463,000 $112,200 $350,800
2020 $5,840 $380,200 $73,800 $306,400
2019 $5,218 $362,800 $68,000 $294,800
2018 $4,978 $350,800 $64,000 $286,800
2017 $4,840 $322,900 $60,000 $262,900
2016 $4,646 $311,000 $55,500 $255,500
2015 $1,256 $284,900 $51,200 $233,700
2014 $576 $71,500 $19,400 $52,100
2013 -- $26,800 $26,800 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Kevin Bergstrom

    Coldwell Banker Vision

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4415779

REALTOR® Association of Southern Minnesota

APN: 75-736-0225

Minnesota Sherburne County Elk River 55330

12944 196th Ln NW, Elk River, MN

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