NOT LISTED FOR SALE

22511 Tipton Cir NW Elk River, MN 55330

Estimated Value: $671,476 - $715,000

4 Beds
3.5 Baths
3,528 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $675,000 $191 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,439/month

33 Days on Market

Highlights

  • 47,916 Sq Ft lot
  • Screened Porch
  • Home Gym
  • Family Room with Fireplace
  • Home Office
  • Stainless Steel Appliances

About This Home

As of September 2024

Nestled in a tranquil cul-de-sac, this meticulously maintained home blends style with functionality. Fully remodeled in 2020, kitchen boasts new appliances, cabinetry, central island and lighting. Custom built-ins and upgraded lighting enhance main floor office and laundry. 2017 modernization of master suite and upper loft studio offers luxurious retreats. Upstairs, two bedrooms share a spacious bathroom. Lower level features family room with wet bar, fourth bedroom, and exercise room.
Upgrades include refreshed carpeting, flooring, and paint throughout. Major mechanical systems updated since 2019 ensure efficiency. Enjoy private wooded lot from screened porch or expansive backyard patio. Insulated, heated garage includes new doors and epoxy floors, perfect for hobbies.
Association includes well and sewer system with numerous amenities described separately. Recently installed fiber optic cable provides high-speed internet, combining countryside tranquility with modern convenience.

Last Agent to Sell the Property

Tom Carr

Coldwell Banker Realty Brokerage Phone: 651-303-8001 Listed on: 07/05/2024

Coldwell Banker Realty

Last Buyer's Agent

Brandon Rand

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,836

Year Built

  • Built in 2003

Lot Details

  • 1.1 Acre Lot
  • Lot Dimensions are 79x300x211x367
  • Cul-De-Sac
  • Property has an invisible fence for dogs
  • Many Trees

HOA Fees

  • $138 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Architectural Shingle Roof
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Home Office
  • Screened Porch
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drain
  • Block Basement Construction

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Shared Water Source
  • Gas Water Heater
  • Water Softener is Owned
  • Shared Septic

Additional Features

  • Air Exchanger
  • Patio

Community Details

  • Association fees include shared amenities, water
  • Ridges Of Rice Lake Association, Phone Number (763) 259-8955
  • The Ridges Of Rice Lake Cic #21 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 75006720715

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,836

Year Built

Built in 2003

Lot Details

0

HOA Fees

$138 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Shared System
  • Association Amenities: Other
  • Fee Frequency: Annually
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 2493
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Fiber Optic
  • Attribution Contact: 651-303-8001
  • Attribution Contact: 651-303-8001
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 3528
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1035
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Office, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sitting Room, Laundry, Screened Porch, Exercise Room, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Architectural Shingle, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: Invisible
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Patio,Porch,Screened,Side Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Shared Septic
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Shared Amenities, Water
  • Phone: 763-259-8955
  • Association Fee: 1653
  • Association: Yes
  • Amenities Unit: French Doors,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Porch,Security System,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Ridges of Rice Lake

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 79x300x211x367
  • Lot Size Sq Ft: 47916
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 75006720715
  • Tax Annual Amount: 7836
  • TaxWithAssessments: 7836.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 9, 2024
Sold by
Faust Russell J and Faust Cindy L
Bought by
Elkington Charles C and Riley Anne M
Seller's Agent
Tom Carr
Coldwell Banker Realty
Buyer's Agent
Brandon Rand
Coldwell Banker Realty
List Price
$725,000
Sold Price
$675,000
Premium/Discount to List
-$50,000
-6.9%
Views
31
Current Estimated Value
$691,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,619
Avg. Annual Appreciation
2.18%
Original Mortgage
$480,000
Outstanding Balance
$474,604
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$217,015

Purchase Details

Closed on
Sep 25, 2003
Sold by
Norwood Homes Inc
Bought by
Faust Russell J and Faust Cindy J

Purchase Details

Closed on
Apr 1, 2003
Sold by
Cascade Iii Land Co Llc
Bought by
Norwood Homes Inc
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
Elkington Charles C $675,000 Watermark Title
Faust Russell J $365,000 --
Norwood Homes Inc $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elkington Charles C $480,000
Closed Norwood Homes Inc --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2024 09/12/24 Sold $675,000 0.0% $191 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
07/25/2024 07/25/24 Price Changed $675,000 -6.9% $191 / Sq Ft
07/13/2024 07/13/24 For Sale $725,000 -- $205 / 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 $8,170 $605,900 $164,800 $441,100
2024 $7,836 $600,100 $164,100 $436,000
2023 $6,730 $595,800 $164,100 $431,700
2022 $6,338 $495,000 $103,700 $391,300
2020 $6,498 $400,300 $69,100 $331,200
2019 $5,782 $400,600 $67,100 $333,500
2018 $5,806 $385,500 $63,300 $322,200
2017 $5,670 $371,700 $59,500 $312,200
2016 $5,754 $359,200 $55,100 $304,100
2015 $5,656 $354,000 $58,900 $295,100
2014 $5,488 $337,100 $55,200 $281,900
2013 -- $312,400 $48,500 $263,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6562624

NorthstarMLS

APN: 75-672-0715