NOT LISTED FOR SALE

18585 Salem St Elk River, MN 55330

Estimated Value: $446,000 - $481,701

5 Beds
3 Baths
2,240 Sq Ft
$205/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $465,000 $208 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,932/month

1 Day on Market

Highlights

  • New Construction
  • No HOA
  • The kitchen features windows
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances
  • Cul-De-Sac

About This Home

As of June 2023

A garage lover's dream! Check out this massive 800+ square foot garage perfect for all the cars/trucks, extra toys or storage! Our newly designed "Augusta plan", featuring 5 bedrooms, 3 baths and generous sized walkout lower-level living room provides all the space and convenience you'll ever need! This beautiful lot has no immediate neighbors to the back and sits near the end of a cul-de-sac giving you a peaceful, quite setting. Make sure to ask about our contract for deed option on all new construction builds!

Last Agent to Sell the Property

John Arnold

First Impressions Home Group Listed on: 06/03/2023

Last Buyer's Agent

John Arnold

First Impressions Home Group Listed on: 06/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 113x163
  • Cul-De-Sac
  • Few Trees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Pitched Roof

Interior Spaces

  • Family Room
  • Living Room
  • Washer and Dryer Hookup

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

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

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association
  • Built by NOBERG HOMES INC
  • Elk Ridge Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 759010145

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1272
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 2240
  • Below Grade Finished Sq Ft: 968
  • Basement YN: Yes
  • Dining Room Type: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room, Dining Room, Kitchen, Family Room
  • SqFtTotal: 2544.00

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • CompletionDate: 2023-07-01

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 840

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Paneled Doors,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 113x163
  • Lot Size Sq Ft: 18730.8
  • Land Lease: No
  • Lot Features: Sod Included in Price, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 763908
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 759010145
  • Tax Annual Amount: 1370
  • TaxWithAssessments: 1370.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Jun 28, 2023
Sold by
Noberg Homes Inc
Bought by
Prime Partners Llc
Seller's Agent
John Arnold
First Impressions Home Group
Buyer's Agent
John Arnold
First Impressions Home Group
List Price
$465,000
Sold Price
$465,000
Views
40
Current Estimated Value
$459,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,075
Avg. Annual Appreciation
-0.28%
Original Mortgage
$465,000
Outstanding Balance
$453,549
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$8,636

Purchase Details

Closed on
Sep 1, 2022
Sold by
Contractors Capital Company Llc
Bought by
Noberg Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.54%
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
Prime Partners Llc $465,000 --
Noberg Homes Inc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prime Partners Llc $465,000
Previous Owner Noberg Homes Inc $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $465,000 0.0% $208 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $465,000 -- $208 / 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 $5,112 $391,800 $107,000 $284,800
2024 $1,220 $387,900 $107,000 $280,900
2023 $1,370 $80,000 $80,000 $0
2022 $1,370 $84,200 $84,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6381352

NorthstarMLS

APN: 75-901-0145