NOT LISTED FOR SALE

16098 62nd St NE Elk River, MN 55330

Estimated Value: $637,215

5 Beds
3.5 Baths
3,861 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $599,760 $155 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,128/month

Highlights

  • RV Access or Parking
  • 217,800 Sq Ft lot
  • Corner Lot
  • Hassan Elementary School Rated A-
  • Recreation Room
  • No HOA

About This Home

As of February 2023

Whether you are looking for space to run your business, a place to build a pole barn, or land for a hobby
farm with horses, this home provides endless opportunities. Situated on 5 acres, this home features four
spacious bedrooms on the upper level, including a master suite with a full bathroom and walk-in closet.
The lower-level mother-in-law suite offers exceptional income potential, and includes a full kitchen,
laundry, and separate entrance. With a new furnace and carpeting throughout, you can rest easy knowing
the big projects are taken care of and can immediately enjoy entertaining friends and family on the open
concept main level. The updated landscaping and sprinkler system will ensure you have the best-looking
lawn in the neighborhood, and the oversized 31x39 heated and cooled garage provides space to store
your toys in the winter months. Conveniently located in the Elk River school district, with the option to
open enroll in St. Michael – Albertville, this home cannot be beat.

Last Agent to Sell the Property

Steven DeGreeff

Keller Williams Integrity NW Listed on: 01/19/2023

Keller Williams Integrity NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,740

Year Built

  • Built in 1999

Lot Details

  • 5 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Unpaved Streets
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Well
  • Septic System

Additional Features

  • Air Exchanger
  • Zoned For Horses

Community Details

  • No Home Owners Association
  • Christian Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118500353205

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,740

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2733
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • FoundationDimensions: 1367
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Living Area: 3861
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1128
  • Basement YN: Yes
  • Dining Room Type: Foyer, Family Room, Dining Room, Kitchen, Informal Dining Room, Living Room, Laundry, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Recreation Room, Kitchen- 2nd
  • SqFtTotal: 2495.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Porch,Rear Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
  • Garage Square Feet: 1209
  • ParkingOpen: 4

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Ethernet Wired,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 217800
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Suitable for Horses, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 118500353205
  • Tax Annual Amount: 6740
  • TaxWithAssessments: 6740.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
Feb 28, 2023
Sold by
Medina-Bergren Belinda
Bought by
Ocampo Maricela
Seller's Agent
Steven DeGreeff
Keller Williams Integrity NW
List Price
$600,000
Sold Price
$599,760
Premium/Discount to List
-$240
-0.04%
Views
46
Current Estimated Value
$637,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,455
Avg. Annual Appreciation
3.95%
Original Mortgage
$479,808
Outstanding Balance
$467,862
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$188,076

Purchase Details

Closed on
Jul 9, 1998
Sold by
Hauan Mervin A and Hauan Verna M
Bought by
Christian Charles L
Source: Public Records

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Range of Values:

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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
Ocampo Maricela $599,760 --
Christian Charles L $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ocampo Maricela $479,808
Closed Christian Charles L --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $599,760 0.0% $155 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $600,000 -- $155 / 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 $6,934 $602,400 $192,800 $409,600
2023 $7,452 $626,800 $201,800 $425,000
2022 $6,740 $595,200 $168,800 $426,400
2021 $6,792 $488,800 $123,800 $365,000
2020 $6,824 $482,800 $122,000 $360,800
2019 $6,024 $474,400 $0 $0
2018 $5,586 $454,200 $0 $0
2017 $5,418 $423,000 $0 $0
2016 $5,308 $0 $0 $0
2015 $5,074 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6318633

NorthstarMLS

APN: 118-500-353205