NOT LISTED FOR SALE

15032 7th Ave NW Andover, MN 55304

Estimated Value: $381,000 - $514,878

3 Beds
1.5 Baths
1,816 Sq Ft
$236/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $375,000 $206 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,621/month

74 Days on Market

Highlights

  • River Front
  • No HOA
  • Stainless Steel Appliances
  • 436,907 Sq Ft lot
  • Sitting Room
  • Storage Room

About This Home

As of February 2024

Welcome to your private oasis in the city! This remarkable 10-acre hobby farm is perched on a bluff, overlooking the serene backwaters of the Rum River. Near shopping, schools, and restaurants, this property truly combines the best of both worlds: tranquility and accessibility. As you enter the property, you'll immediately notice the potential it holds. The 3 bed 2 bath farmhouse dating back to 1910, boasts unique charm and character. With its rich history as a horse and poultry farm, this home is waiting to be transformed. While this farmhouse may require some TLC, it presents a remarkable opportunity for those with a passion for restoration. Bring your creativity and vision to breathe new life into this home. Alternatively, seize the chance to build your dream home on this one-of-a-kind lot. Don't miss your chance to own this hidden gem. Come and explore the potential that awaits you. Schedule a viewing today and let your imagination run wild!

Last Agent to Sell the Property

matthew davies

Keller Williams Classic Realty Listed on: 06/02/2023

Keller Williams Classic Realty

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,257

Year Built

  • Built in 1910

Lot Details

  • 10.03 Acre Lot
  • Lot Dimensions are 722x626x618x157x490
  • River Front

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,816 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room with Fireplace
  • Sitting Room
  • Combination Dining and Living Room
  • Storage Room
  • Utility Room

Kitchen

  • Cooktop
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Basement Storage

Utilities

  • Boiler Heating System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Ivywood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 193224340018

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,257

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1910
  • Above Grade Finished Sq Ft: 1816
  • Water Body Name: Rum River
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drainage System, Full, Slab, Storage Space, Unfinished
  • Appliances: Cooktop, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Living Area: 1816
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Sitting Room, Sun Room, Living Room, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Utility Room, Storage

Beds/Baths

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

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: North, River
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Front Porch,Porch
  • Lake Acres: 0
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Farm Type: Hobby

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 1728
  • Garage Door Height: 9

Utilities

  • Heating: Boiler
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Connexus Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictNumber: 11
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • Topography: High Ground
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 722x626x618x157x490
  • Lot Size Sq Ft: 436906.8
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly
  • Crop Type: None

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 193224340018
  • Tax Annual Amount: 3257
  • TaxWithAssessments: 3257.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jan 19, 2024
Sold by
Olson Dorothea and Olson Deanna
Bought by
Midwest Mushrooms Llc
Seller's Agent
matthew davies
Keller Williams Classic Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$399,000
Sold Price
$375,000
Premium/Discount to List
-$24,000
-6.02%
Views
340
Current Estimated Value
$427,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,720
Avg. Annual Appreciation
11.06%
Original Mortgage
$375,000
Outstanding Balance
$370,224
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$73,302

Purchase Details

Closed on
Dec 1, 2019
Sold by
Stephens Florence
Bought by
Olson Dorothea and Olson Deanna Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.72%
Mortgage Type
New Conventional
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
Midwest Mushrooms Llc $375,000 --
Olson Dorothea $285,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Mushrooms Llc $375,000
Previous Owner Olson Dorothea $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $375,000 -6.0% $206 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $399,000 -- $220 / 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 $4,240 $403,300 $236,300 $167,000
2024 $4,000 $393,900 $236,300 $157,600
2023 $3,440 $369,600 $203,700 $165,900
2022 $3,257 $371,200 $196,900 $174,300
2021 $3,057 $304,100 $160,400 $143,700
2020 $2,948 $278,000 $146,300 $131,700
2019 $3,183 $264,700 $129,300 $135,400
2018 $3,181 $279,300 $0 $0
2017 $2,713 $277,700 $0 $0
2016 $2,598 $221,600 $0 $0
2015 -- $221,600 $102,300 $119,300
2014 -- $205,300 $102,300 $103,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6368951

NorthstarMLS

APN: 19-32-24-34-0018