NOT LISTED FOR SALE

18477 Polk Cir NW Elk River, MN 55330

Estimated Value: $563,514 - $594,000

5 Beds
3.5 Baths
3,946 Sq Ft
$145/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $551,000 $140 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,656/month

24 Days on Market

Highlights

  • Home fronts a pond
  • Multiple Garages
  • Deck
  • Twin Lakes Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • 1-minute walk to Trott Brook Park

About This Home

As of March 2023

***Highest and best offers by 4pm on 2/26*** Best value in Elk River! Home sits on cul-de-sac and backyard overlooks wetlands. Home had fire in 2021 and has not been occupied since the property was renovated inside. Completely brand new. Insurance paid over $620,000 to rebuild inside of home and everything is BEAUTIFUL! All NEW mechanicals, gas, plumbing, electrical, insulation, drywall, flooring, paint and knockdown ceilings. Two new fireplaces (family room & primary bedroom), windows, doors, all lighting and plumbing fixtures brand NEW. Out of this world kitchen with new stainless steel appliances, cabinets, quartz countertops, tile backsplash and HUGE center island. Don't miss the heated tile floors in lower level and primary bathrooms or the four bedrooms on one level. This home has it all, stop by and see it before it is too late!

Last Agent to Sell the Property

Betsy Morse

Coldwell Banker Realty Brokerage Phone: 651-210-4444 Listed on: 02/17/2023

Coldwell Banker Realty

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,126

Year Built

  • Built in 2003

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 104x198x85x240
  • Home fronts a pond
  • Few Trees

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Insulated Garage
  • Common or Shared Parking

Interior Spaces

  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Game Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Wood-Fired Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include shared amenities
  • Cities Manangement _ Trout Brook Farms Association, Phone Number (612) 381-8600
  • Trott Brook Farms Sixth Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 756810312

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,126

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Annually
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2669
  • Water Body Name: Unnamed Lake
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-210-4444
  • Attribution Contact: 651-210-4444
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Concrete, Storage Space, Sump Pump, Walkout
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wood Water Heater
  • Fireplace Features: Electric, Family Room, Gas, Living Room, Primary Bedroom
  • Living Area: 3946
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1277
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Amusement Room, Laundry, Game Room, Primary Bathroom
  • SqFtTotal: 3961.00

Beds/Baths

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

Exterior Features

  • Fencing: None
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Deck
  • Lake Bottom: Wetland
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Insulated Garage, Multiple Garages, Shared Garage/Stall

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities
  • Phone: 612-381-8600
  • Association Fee: 180
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Cities Manangement _ Trout Brook Farms

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 104x198x85x240
  • Lot Size Sq Ft: 19166.4
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 756810312
  • Tax Annual Amount: 6126
  • TaxWithAssessments: 6126.0000

Multi Family

  • WaterfrontFeatures: Pond

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2023
Closed on
Mar 27, 2023
Sold by
Kelly Joseph and Kelly Sarabeth
Bought by
Adediran Isaac
Seller's Agent
Betsy Morse
Coldwell Banker Realty
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$550,000
Sold Price
$551,000
Premium/Discount to List
$1,000
0.18%
Views
38
Current Estimated Value
$574,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,129
Avg. Annual Appreciation
1.60%
Original Mortgage
$523,450
Outstanding Balance
$507,577
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$66,552

Purchase Details

Closed on
Sep 11, 2020
Sold by
Kelly Joseph Robert and Kelly Sarabeth E
Bought by
Kelly Joseph Robert and Kelly Sarabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
2.9%
Mortgage Type
Small Business Administration

Purchase Details

Closed on
May 21, 2019
Sold by
Long Dan
Bought by
Kelly Joseph Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Long Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,535
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Sep 19, 2003
Sold by
D R Horton Inc Mn
Bought by
Chanthalangsy Somthiab and Chanthalangsy Vilavong
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
Adediran Isaac $551,000 --
Kelly Joseph Robert -- Executive Title
Kelly Joseph Robert $350,000 None Available
Long Dan -- None Available
Long Dan -- Burnet Title
Federal Home Loan Mortgage Corp -- None Available
Chanthalangsy Somthiab $314,458 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adediran Isaac $523,450
Previous Owner Kelly Joseph Robert $284,000
Previous Owner Kelly Joseph Robert $280,000
Previous Owner Long Dan $248,535
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2023 03/27/23 Sold $551,000 0.0% $140 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/27/2023 02/27/23 Off Market $551,000 -- --
02/10/2023 02/10/23 For Sale $550,000 -- $139 / 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 $7,630 $571,400 $108,000 $463,400
2024 $3,600 $565,900 $108,000 $457,900
2023 $3,522 $291,100 $108,000 $183,100
2022 $6,126 $269,300 $106,900 $162,400
2020 $5,944 $369,000 $70,500 $298,500
2019 $5,282 $368,800 $62,200 $306,600
2018 $5,066 $354,700 $58,600 $296,100
2017 $4,916 $328,100 $55,000 $273,100
2016 $5,052 $315,400 $50,700 $264,700
2015 $4,876 $310,300 $47,200 $263,100
2014 $3,782 $290,100 $44,100 $246,000
2013 -- $214,300 $39,000 $175,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6328118

NorthstarMLS

APN: 75-681-0312