NOT LISTED FOR SALE

18502 Salem St Elk River, MN 55330

Estimated Value: $396,510 - $433,000

3 Beds
2 Baths
1,285 Sq Ft
$322/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $389,900 $303 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,521/month

167 Days on Market

Highlights

  • New Construction
  • The kitchen features windows
  • Living Room
  • No HOA
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

New development, Elk Ridge Estates. Open-concept split-entry has 3 bedrooms and 2 baths. The main living area is vaulted and has plenty of natural light. The kitchen has custom cabinets, granite countertops, and a center island . The primary bedroom has its own bathroom and walk-in closet. Lots of space in the 3-car garage. In-ground irrigation and sod included. Unfinished walk-out lower level available for your future plans!

Last Agent to Sell the Property

Jason Roberge

Exit Realty Nexus Listed on: 11/08/2022

Exit Realty Nexus

Last Buyer's Agent

Taylor Kielty

Pemberton RE

Pemberton RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 102x164x92x164

Parking

  • 3 Car Attached Garage

Home Design

  • Bi-Level Home
  • Pitched Roof
  • Vinyl Siding

Interior Spaces

  • 1,285 Sq Ft Home
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Additional Features

  • Air Exchanger
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by T H CONSTRUCTION OF ANOKA INC
  • Elk Ridge Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 759010205

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,186

Year Built

Built in 2022 | New Construction

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: City Water/Connected
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1285
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Range, Refrigerator
  • Living Area: 1285
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Pitched
  • CompletionDate: 2023-04-15
  • ConstructionMaterialsDesc: Block,Frame

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 578

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 102x164x92x164
  • Lot Size Sq Ft: 16552.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 170552
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 759010205
  • Tax Annual Amount: 54
  • TaxWithAssessments: 54.0000

Multi Family

  • Total Units Sold: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jul 7, 2023
Sold by
Sandven Kyle and Sandven Amy
Bought by
Sandven Kyle and Sandven Amy
Seller's Agent
Jason Roberge
Exit Realty Nexus
Buyer's Agent
Taylor Kielty
Pemberton RE
List Price
$389,900
Sold Price
$389,900
Views
41
Current Estimated Value
$414,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,228
Avg. Annual Appreciation
2.58%
Original Mortgage
$389,900
Outstanding Balance
$379,550
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$34,578

Purchase Details

Listed on
Nov 8, 2022
Closed on
Jun 13, 2023
Sold by
Th Construction Of Anoka Inc
Bought by
Sandven Kyle and Sandven Amy
Seller's Agent
Jason Roberge
Exit Realty Nexus
Buyer's Agent
Taylor Kielty
Pemberton RE
List Price
$389,900
Sold Price
$389,900
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,900
Outstanding Balance
$379,550
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$34,578
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
Sandven Kyle $3,000 Land Title Inc
Sandven Kyle $389,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandven Kyle $389,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $389,900 0.0% $303 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
04/19/2023 04/19/23 Off Market $389,900 -- --
11/08/2022 11/08/22 For Sale $389,900 -- $303 / 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 $4,186 $331,700 $76,600 $255,100
2024 $2,364 $331,000 $76,600 $254,400
2023 $1,370 $200,600 $76,600 $124,000
2022 $54 $84,200 $84,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6307219

NorthstarMLS

APN: 75-901-0205