NOT LISTED FOR SALE

28722 Elk Lake Rd E Zimmerman, MN 55398

Estimated Value: $285,000 - $320,000

1 Bed
1 Bath
480 Sq Ft
$632/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $133,000 $277 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $1,784/month

34 Days on Market

Highlights

  • 87 Feet of Waterfront
  • Deck
  • Bathroom on Main Level
  • Docks
  • Patio
  • 1-Story Property

About This Home

As of May 2014

This wonderful cabin has been completely renovated inside and out! 87 feet of lake shore provides summers of fishing, boating and lounging. Lrg patio/deck over the boat house is wonderful for entertaining and family fun. West facing for beautiful sunsets

Last Agent to Sell the Property

Jean England

RE/MAX Results Listed on: 03/18/2014

Last Buyer's Agent

Ellen Gordenier

TheMLSonline.com, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,028

Year Built

  • 1962

Lot Details

  • 7,841 Sq Ft Lot
  • 87 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Irregular Lot

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 014160070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,028

Year Built

1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans
  • Amenities Exterior: Deck, Dock, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 5
  • Construction: Previously Owned
  • Foundation Size: 480
  • Parcel Number: 014160070
  • Projected Closed Date: 05/23/2014
  • Stories: 1 Story
  • Taxes With Assessments: 1322
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 1
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 11x10, On Level: Main
  • Room 2: Dining Room, 12x11, On Level: Main
  • Room 4: Kitchen, 11x9, On Level: Main
  • Room 5: Bedroom, 10x9, On Level: Main
  • Room 9: Deck, 14x22
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 480
  • Total Fin Square Footage: 480

Exterior Features

  • Frontage Road: County
  • LakeAcres: 361.91
  • Exterior: Brick, Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 87
  • Waterfront Description: Lake

Utilities

  • Cooling: Window
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Princeton #477

Lot Info

  • Estimated Lot Dimensions: See Lister
  • Lot/Land Description: Irregular Lot

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2014
Closed on
May 23, 2014
Sold by
Aaseby Rob A and Aaseby Linda K
Bought by
Othoudt Michele
Seller's Agent
Jean England
RE/MAX Results
Buyer's Agent
Ellen Gordenier
TheMLSonline.com, Inc.
List Price
$149,900
Sold Price
$133,000
Premium/Discount to List
-$16,900
-11.27%
Current Estimated Value
$303,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,368
Avg. Annual Appreciation
7.52%
Original Mortgage
$126,350
Outstanding Balance
$96,329
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$207,039

Purchase Details

Closed on
Nov 4, 2010
Sold by
Johnson Jerry V and Johnson Sharon M
Bought by
Aaseby Rob A and Aaseby Linda K
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
Othoudt Michele $133,000 Liberty Title Inc
Aaseby Rob A $90,000 --
Aaseby Rob A $90,000 Provident Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Othoudt Michele $126,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $133,000 -11.3% $277 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $149,900 -- $312 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,028 $265,600 $178,300 $87,300
2024 $1,952 $259,800 $171,900 $87,900
2023 $1,896 $252,000 $164,000 $88,000
2022 $1,338 $241,700 $153,700 $88,000
2020 $1,442 $165,200 $101,600 $63,600
2019 $1,440 $151,600 $93,100 $58,500
2018 $1,376 $148,000 $94,200 $53,800
2017 $1,246 $137,100 $87,000 $50,100
2016 $1,170 $128,200 $80,900 $47,300
2015 $870 $94,000 $58,600 $35,400
2014 $1,152 $68,700 $43,400 $25,300
2013 -- $95,800 $61,400 $34,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4589523

REALTOR® Association of Southern Minnesota

APN: 01-416-0070