NOT LISTED FOR SALE

20295 Twin Lakes Rd NW Elk River, MN 55330

Estimated Value: $424,000 - $609,000

5 Beds
3 Baths
2,570 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $132,000 $51 Per Sq Ft

Est. 306% increase in value since last sale

Current estimated payment $3,367/month

228 Days on Market

Highlights

  • Indoor Arena
  • 6.66 Acre Lot
  • Formal Dining Room
  • Parker Elementary School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of May 2014

This will need to be a cash transaction. Freeze damage to both homes. Main house has boiler heat and 2nd dwelling has forced air. This home does need some work but has great room sizes, nice woodwork and tons of charm. Great home business property.

Last Agent to Sell the Property

Craig Murphy

EPIC Realty, Inc Listed on: 09/20/2013

Last Buyer's Agent

Chuck Carstensen

RE/MAX Results

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1900

Lot Details

  • 6.66 Acre Lot
  • Property fronts a county road
  • Level Lot

Home Design

  • Farm
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,570 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Farming

  • Hobby or Recreation Farm
  • Horse Farm

Horse Facilities and Amenities

  • Indoor Arena
  • Stables

Additional Features

  • Porch
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 751241202

Property Details

Property Type

Other

Est. Annual Taxes

$2,948

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Nonhomestead
  • Sub Type: Farm
  • Amenities: Hardwood Floors
  • Amenities Exterior: Porch
  • Assessments: Unknown
  • Foundation Size: 1417
  • Hobby Farm: Yes
  • Parcel Number: 751241202
  • Stories: 2 Story
  • Estimated Number of Acres: 6.66
  • Topography: Level
  • Farm Type: Hobby, Horse
  • Special Features: Auction
  • Property Sub Type: Other

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room
  • Total Bedrooms: 5
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath, Main Floor Full Bath
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 16x15, On Level: Main
  • Room 2: Dining Room, 19x14, On Level: Main
  • Room 3: Family Room, 19x16, On Level: Upper
  • Room 4: Kitchen, 15x16, On Level: Main
  • Room 5: Bedroom, 15x14, On Level: Main
  • Room 6: Bedroom, 15x15, On Level: Upper
  • Room 7: 12x12, On Level: Upper
  • Room 8: Bedroom, 12x12, On Level: Upper
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 2570
  • Total Fin Square Footage: 2570

Exterior Features

  • Frontage Road: County
  • Exterior: Vinyl
  • Out Buildings: Arena - Indoor, Stable
  • Roof: Asphalt Shingles

Utilities

  • Sewer: Private

Lot Info

  • Estimated Lot Dimensions: Getting

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2013
  • Tax Value: 2948

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2013
Closed on
May 12, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
The Bruce D Yerigan Trust
Seller's Agent
Craig Murphy
EPIC Realty, Inc
Buyer's Agent
Chuck Carstensen
RE/MAX Results
List Price
$264,900
Sold Price
$132,000
Premium/Discount to List
-$132,900
-50.17%
Current Estimated Value
$536,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,204
Avg. Annual Appreciation
13.00%

Purchase Details

Closed on
Jan 29, 2013
Sold by
Pnc Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 23, 2013
Sold by
Remarcik Gregory D and Remarcik Margaret C
Bought by
Pnc Bank National Association
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
The Bruce D Yerigan Trust -- Title One Inc
-- $132,000 --
Federal Home Loan Mortgage Corporation -- None Available
Pnc Bank National Association $378,698 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2014 05/12/14 Sold $132,000 -50.2% $51 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
09/20/2013 09/20/13 For Sale $264,900 -- $103 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $6,720 $514,400 $220,000 $294,400
2024 $6,466 $506,100 $211,900 $294,200
2023 $4,792 $506,100 $211,900 $294,200
2022 $4,380 $352,500 $162,200 $190,300
2020 $4,216 $272,100 $110,700 $161,400
2019 $3,528 $256,400 $97,600 $158,800
2018 $3,408 $233,900 $91,600 $142,300
2017 $3,152 $216,200 $80,700 $135,500
2016 $3,116 $197,300 $75,400 $121,900
2015 $3,016 $192,100 $72,200 $119,900
2014 $2,966 $180,200 $67,400 $112,800
2013 -- $169,200 $62,700 $106,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4536339

REALTOR® Association of Southern Minnesota

APN: 75-124-1202