NOT LISTED FOR SALE

20457 Potassium St NW Nowthen, MN 55303

Estimated Value: $646,000 - $706,000

3 Beds
2.5 Baths
2,964 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 20, 2023

Last sale price $590,000 $199 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,974/month

95 Days on Market

Highlights

  • 115,434 Sq Ft lot
  • No HOA
  • Built-In Double Oven
  • St. Francis Elementary School Rated 9+
  • Home Office
  • Stainless Steel Appliances

About This Home

As of January 2023

Offering you the space you want/need but still in a neighborhood! Owner ran a gas line for a future polebarn/shed and for heater in current 36x26 garage (has French drain) . Beautiful Brazilian Mahogany wood floors greet you as you enter this impressive custom built home. Inviting open main floor concept features a gourmet kitchen: Induction Cooktop, Convection Oven, Linear Inverter Duty Fridge, exhaust hood vented to the outside, granite, walk-in pantry and stylish backsplash. Family Room has cozy stone gas FP w/blower. Main flr Office. Convenient Mudroom off garage w/drop desk and walk-in closet. Main flr/Primary BA have heated flrs controlled by programmable thermostats. Large Primary Suite: fantastic private BA, granite, 2 sinks, wood like ceramic tile floor, separate whirlpool tub and huge ceramic walk-in shower + walk-in closet. Beds 2 and 3 also feature walk-in closets. Upper Laundry: ample cabinets, drop-in utility sink + ceramic flrs. Unfin w/o basement: future FR, BD, BA.

Last Agent to Sell the Property

Conrad Gudmundson

Keller Williams Classic Realty Listed on: 09/16/2022

Keller Williams Classic Realty

Last Buyer's Agent

Erica Carlson

BRIX Real Estate

BRIX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 2015

Lot Details

  • 2.65 Acre Lot
  • Lot Dimensions are 59x60x188x352x30x384
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2,964 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Family Room with Fireplace
  • Home Office
  • Utility Room Floor Drain

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Eco-Friendly Details

  • Air Exchanger

Utilities

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

Community Details

  • No Home Owners Association
  • Hoffmann Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233325120007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,835

Year Built

Built in 2015

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
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 2964
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Sump Pump, Unfinished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 2964
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Mud Room, Walk In Closet, Garage
  • SqFtTotal: 4324.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Floor Drain, Garage Door Opener
  • Garage Square Feet: 936

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Paneled Doors,Porch,Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: St. Francis
  • SchoolDistrictNumber: 15
  • SchoolDistrictPhone: 763-753-7040

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 59x60x188x352x30x384
  • Lot Size Sq Ft: 115434
  • 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, Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 233325120007
  • Tax Annual Amount: 3835
  • TaxWithAssessments: 3835.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 20, 2023
Sold by
Estate Of Satpal Kaur Bala
Bought by
Stoefen Jacob and Stoefen Anne
Seller's Agent
Conrad Gudmundson
Keller Williams Classic Realty
Buyer's Agent
Erica Carlson
BRIX Real Estate
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Views
3
Current Estimated Value
$672,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,302
Avg. Annual Appreciation
4.33%
Original Mortgage
$497,137
Outstanding Balance
$483,697
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$176,741

Purchase Details

Closed on
Apr 28, 2015
Sold by
Reynolds Jeffrey J and Reynolds Rosalind D
Bought by
Bala Teipal S and Kaur Satpal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,875
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2013
Sold by
Bmo Harris Bank Na
Bought by
Reynolds Jeffrey J and Reynolds Rosalind D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,910
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
Tristar Homes Llc
Bought by
Bmo Harris Bank Na
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
Stoefen Jacob $590,000 --
Bala Teipal S $57,500 Home Title
Reynolds Jeffrey J -- Edina Realty Title Inc
Bmo Harris Bank Na -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoefen Jacob $497,137
Previous Owner Bala Tejpal S $409,500
Previous Owner Bala Tejpal $337,000
Previous Owner Bala Teipal S $48,875
Previous Owner Reynolds Jeffrey J $26,910
Previous Owner Tristar Homes Llc $98,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2023 01/20/23 Sold $590,000 0.0% $199 / Sq Ft
12/19/2022 12/19/22 Pending -- -- --
12/16/2022 12/16/22 Off Market $590,000 -- --
11/02/2022 11/02/22 Price Changed $609,000 -2.6% $205 / Sq Ft
09/15/2022 09/15/22 For Sale $625,000 -- $211 / 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 $4,703 $601,100 $145,100 $456,000
2024 $4,703 $585,500 $145,100 $440,400
2023 $3,970 $556,100 $129,100 $427,000
2022 $3,859 $546,000 $109,100 $436,900
2021 $3,889 $474,400 $104,100 $370,300
2020 $4,073 $430,900 $81,100 $349,800
2019 $3,465 $440,200 $73,700 $366,500
2018 $1,887 $356,500 $0 $0
2017 $2,014 $198,100 $0 $0
2016 $744 $54,100 $0 $0
2015 -- $54,100 $54,100 $0
2014 -- $44,000 $44,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6260555

NorthstarMLS

APN: 23-33-25-12-0007