NOT LISTED FOR SALE

22400 Meadowvale Rd NW Elk River, MN 55330

Estimated Value: $908,000 - $1,105,312

4 Beds
3.5 Baths
4,723 Sq Ft
$218/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $1,100,000 $233 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,668/month

17 Days on Market

Highlights

  • Home fronts a creek
  • RV Access or Parking
  • Family Room with Fireplace
  • Multiple Garages
  • 436,471 Sq Ft lot
  • No HOA

About This Home

As of April 2024

Unparalleled luxury in this custom-built estate privately nestled on 10 wooded acres with a luscious, irrigated lawn. After walking in the grand entrance, you are greeted with a sprawling great room or walk downstairs and enjoy a drink at your wet bar complete with Sub-Zero wine fridge & dishwasher. Boasting 4 bedrooms, each with walk-in closet this home merges elegance with comfort. Master suite features a deck, marble bathroom with a dual-head shower, and jacuzzi tub overlooking a picturesque pond. A large open concept kitchen that would make a chef’s wildest dreams come true. This kitchen is fully furnished with hickory cabinets, granite countertops, top-of-the-line Sub-Zero & Wolf appliances and a spacious pantry. This home was built with energy efficacy in mind with spray foam insulation throughout and in-floor heat in basement & garage all powered by geothermal. The property includes a nearly 5,000 sq ft heated pole building perfect for hobbies or a business. A must-see estate!

Last Agent to Sell the Property

Zach Keifer

Realty Group LLC Listed on: 02/21/2024

Realty Group LLC

Last Buyer's Agent

Gregory Williams

Move it Real Estate Group/Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,316

Year Built

  • Built in 2000

Lot Details

  • 10.02 Acre Lot
  • Home fronts a creek
  • Home fronts a pond
  • Irregular Lot

Parking

  • 6 Car Attached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Stone Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Game Room with Fireplace
  • Storage Room
  • Utility Room
  • Utility Room Floor Drain

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 751063201

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,316

Year Built

Built in 2000

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Private, Well
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2632
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Central Vacuum, Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Amusement Room, Family Room, Gas, Living Room, Stone
  • Living Area: 4723
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2091
  • Basement YN: Yes
  • Dining Room Type: Foyer, Great Room, Kitchen, Dining Room, Laundry, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Bathroom, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Pole Building
  • ConstructionMaterialsDesc: Concrete,Frame,Stone
  • PatioPorchType: Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Driveway - Other Surface, Electric, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
  • Garage Square Feet: 1474
  • ParkingOpen: 10

Utilities

  • Heating: Forced Air, Fireplace(s), Geothermal, Radiant Floor, Zoned
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Security System,In-Ground Sprinkler,Sun Room,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 436471.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 751063201
  • Tax Annual Amount: 11316
  • TaxWithAssessments: 11316.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Apr 10, 2024
Sold by
Keifer Zachary and Keifer Rose
Bought by
James Michael J and James Melissa M
Seller's Agent
Zach Keifer
Realty Group LLC
Buyer's Agent
Gregory Williams
Move it Real Estate Group/Lake
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
61
Current Estimated Value
$1,028,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,563
Avg. Annual Appreciation
-4.76%
Original Mortgage
$223,450
Interest Rate
6.94%

Purchase Details

Closed on
Apr 29, 2021
Sold by
Touchette Ronald J and Touchette Lori L
Bought by
Keifer Zachary and Keifer Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2000
Sold by
Foster Chelsea C and Foster James S
Bought by
Touchette Ronald J and Touchette Lori L
Source: Public Records

Range of Values:

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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
James Michael J $1,100,000 Executive Title Northwest
Keifer Zachary $950,000 West Title
Touchette Ronald J $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed James Michael J $223,450
Open James Michael J $766,550
Previous Owner Keifer Zachary $85,100
Previous Owner Keifer Zachary $850,000
Previous Owner Touchette Ronald J $277,500
Previous Owner Touchette Ronald J $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $1,100,000 -8.3% $233 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/07/2024 03/07/24 Price Changed $1,200,000 -4.0% $254 / Sq Ft
02/22/2024 02/22/24 For Sale $1,250,000 -- $265 / 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 $12,762 $937,300 $245,200 $692,100
2024 $12,762 $912,700 $235,300 $677,400
2023 $11,316 $918,800 $235,300 $683,500
2022 $11,002 $777,600 $176,100 $601,500
2020 $10,236 $633,900 $120,600 $513,300
2019 $9,056 $607,800 $106,600 $501,200
2018 $8,734 $582,600 $100,100 $482,500
2017 $8,592 $544,600 $102,800 $441,800
2016 $8,302 $531,200 $96,600 $434,600
2015 $8,084 $509,600 $92,500 $417,100
2014 $7,906 $483,000 $86,800 $396,200
2013 -- $451,100 $81,000 $370,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6493027

NorthstarMLS

APN: 75-106-3201