NOT LISTED FOR SALE

228 2nd St NW Elk River, MN 55330

Estimated Value: $213,000 - $267,000

2 Beds
1 Bath
936 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $211,000 $225 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,444/month

3 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • 1-Story Property
  • Cul-De-Sac
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2024

Cozy twin home- one level living in a prime location. Many updates in the last several years by previous and current owner. Updates include new roof, windows and screens, gutters, A/C, flooring, electrical/fixtures, kitchen hardware, countertop, sink/faucet, paint and doors. 6' privacy fence provides a comfortable backyard for you and your pet. Composite shed added for extra storage.

Last Agent to Sell the Property

Gerald DeGray

Turpen Realty, Inc. Listed on: 01/15/2024

Last Buyer's Agent

Leah Studaker

Roseth Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1985

Lot Details

  • 6,970 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Property is Fully Fenced
  • Privacy Fence
  • Wood Fence
  • Few Trees

Parking

  • 1 Car Attached Garage

Home Design

  • Twin Home
  • Wood Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Meadow Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 754300121

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,870

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 936
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 936
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: Full, Privacy, Wood
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: .16
  • Lot Size Sq Ft: 6969.6
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 754300121
  • Tax Annual Amount: 1870
  • TaxWithAssessments: 1870.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 7, 2024
Sold by
Bakken Rentals Llc
Bought by
Palmer Jessica Ann and Dalbec Nickolas Joseph
Seller's Agent
Gerald DeGray
Turpen Realty, Inc.
Buyer's Agent
Leah Studaker
Roseth Realty
List Price
$209,900
Sold Price
$211,000
Premium/Discount to List
$1,100
0.52%
Views
29
Current Estimated Value
$238,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,350
Avg. Annual Appreciation
7.34%
Original Mortgage
$207,178
Outstanding Balance
$203,524
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$34,826

Purchase Details

Closed on
Jan 21, 2022
Sold by
Sederstrom Jodie
Bought by
Bakken Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2018
Sold by
Bayview Loan Serving Llc
Bought by
Sederstrom Jodie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Thibodeau Margaret S and Thibodeau Rudy J R
Bought by
Judge Dirk A and Judge Renee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,040
Interest Rate
8.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Palmer Jessica Ann $211,000 Title Group
Bakken Rentals Llc $187,000 --
Bakken Rentals Llc $187,000 --
Sederstrom Jodie A -- --
Judge Dirk A $138,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Jessica Ann $207,178
Previous Owner Bakken Rentals Llc $149,600
Previous Owner Sederstrom Jodie A $99,500
Previous Owner Judge Dirk A $111,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2024 02/07/24 Sold $211,000 +0.5% $225 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $209,900 -- $224 / 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 $2,366 $200,600 $62,400 $138,200
2024 $2,500 $202,200 $62,400 $139,800
2023 $2,094 $196,100 $62,400 $133,700
2022 $1,870 $171,100 $49,100 $122,000
2020 $1,586 $128,400 $30,400 $98,000
2019 $1,648 $118,800 $27,300 $91,500
2018 $1,792 $109,300 $26,000 $83,300
2017 $1,688 $98,400 $24,700 $73,700
2016 $1,726 $91,500 $21,800 $69,700
2015 $1,652 $63,900 $16,800 $47,100
2014 $5,596 $57,600 $15,300 $42,300
2013 -- $51,200 $13,500 $37,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6477593

NorthstarMLS

APN: 75-430-0121