NOT LISTED FOR SALE

26850 Xerxes Trail Elko New Market, MN 55020

Estimated Value: $286,000 - $431,964

3 Beds
1.5 Baths
2,556 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $392,000 $153 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,443/month

29 Days on Market

Highlights

  • 130,680 Sq Ft lot
  • No HOA
  • 4 Car Attached Garage
  • Mcguire Middle School Rated A-
  • Party Room
  • Eat-In Kitchen

About This Home

As of March 2024

Discover the epitome of rural living at 26850 Xerxes Ave S, Elko, MN. Nestled on three acres in a sought-after development, this well-kept hobby farm is a haven of tranquility. Boasting a charming residence, variety of mature trees and outbuildings, it offers the perfect blend of comfort and functionality. With easy access to Highway 35, this property presents a unique opportunity for a serene lifestyle. Embrace the charm of country living while enjoying proximity to modern conveniences. Walking distance to Boulder Pointe Golf Course. Your dream hobby farm awaits!

Last Agent to Sell the Property

Nicholas Weis

RE/MAX Results Listed on: 02/02/2024

RE/MAX Results

Last Buyer's Agent

Nicholas Weis

RE/MAX Results Listed on: 02/02/2024

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1962

Lot Details

  • 3 Acre Lot

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Partial Basement
  • Sump Pump
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Party Room

Listing and Financial Details

  • Assessor Parcel Number 239270150

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,120

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1962
  • Above Grade Finished Sq Ft: 1378
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Partial, Sump Pump, Walkout
  • Appliances: Range, Refrigerator, Water Softener Owned
  • Living Area: 2556
  • Below Grade Finished Sq Ft: 1178
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • One Quarter Bathrooms: 1

Exterior Features

  • Farm Type: Hobby
  • Soil Type: Clay

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener
  • Garage Square Feet: 480
  • ParkingOpen: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictNumber: 194
  • SchoolDistrictPhone: 952-232-2000

Lot Info

  • Topography: Rolling
  • PropertyAttachedYN: No
  • Lot Size: 2.5 TO 17.5 ACRES
  • Lot Size Sq Ft: 130680
  • Land Lease: No
  • PastureArea: 3
  • Wooded Area: 2
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 239270150
  • Tax Annual Amount: 5120
  • TaxWithAssessments: 5120.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 27, 2024
Sold by
Shepherd Edward James
Bought by
Steffens Austin
Seller's Agent
Nicholas Weis
RE/MAX Results
Buyer's Agent
Nicholas Weis
RE/MAX Results
List Price
$397,000
Sold Price
$392,000
Premium/Discount to List
-$5,000
-1.26%
Total Days on Market
29
Views
165
Current Estimated Value
$366,756

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,244
Avg. Annual Appreciation
-0.38%
Original Mortgage
$314,400
Outstanding Balance
$310,774
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$79,162

Purchase Details

Closed on
Jun 1, 2017
Sold by
Shepherd Regina Colleen
Bought by
Shepherd Edward James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.91%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 1997
Sold by
Estate Of Adeline P Anderson
Bought by
Shepherd Edward J
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
Steffens Austin $393,000 North Title
Shepherd Edward James -- None Available
Shepherd Edward J $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steffens Austin $314,400
Previous Owner Shepherd Edward James $90,000
Previous Owner Shepherd Edward J $70,000
Previous Owner Shepherd Edward J $118,200
Previous Owner Shepherd Edward J $92,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $392,000 0.0% $153 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 Off Market $392,000 -- --
02/24/2024 02/24/24 Price Changed $390,000 -1.8% $153 / Sq Ft
02/03/2024 02/03/24 For Sale $397,000 -- $155 / 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 $5,220 $434,800 $150,500 $284,300
2024 $5,388 $403,100 $150,500 $252,600
2023 $5,120 $403,500 $150,500 $253,000
2022 $4,434 $403,700 $150,500 $253,200
2021 $4,246 $318,900 $148,700 $170,200
2020 $4,264 $306,200 $141,600 $164,600
2019 $3,966 $296,600 $132,000 $164,600
2018 $3,056 $0 $0 $0
2016 $2,728 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6484888

NorthstarMLS

APN: 23-927-015-0