NOT LISTED FOR SALE

314 Railroad Dr NW Elk River, MN 55330

Estimated Value: $256,000 - $278,000

3 Beds
2 Baths
1,442 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 23, 2024

Last sale price $255,000 $177 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,640/month

3 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • No HOA
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of September 2024

Great affordable Twin Home located on a private lot. No Hoa dues or covenants. The kitchen provides great counter and cupboard space and the appliances stay. A deck overlooking the backyard is off of the dining area. Its a great spot to relax at the end of the day. There are 2 bedrooms upstairs and a 3rd on the lower level. The 3rd bedroom could be used as a family room if desired. A 2 car garage is attached and a large shed is in the yard. The shed has electric and could be a man cave or she shed if desired. Parks, shopping, and schools are nearby. Why rent when you can own for less than rent.

Last Agent to Sell the Property

Matt Wolfe

RE/MAX Results Listed on: 08/20/2024

RE/MAX Results

Last Buyer's Agent

James Swanson

Coldwell Banker Realty

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1996

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 147x176x99
  • Many Trees

Parking

  • 2 Car Attached Garage
  • Tuck Under Garage
  • Garage Door Opener

Home Design

  • Bi-Level Home
  • Twin Home
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 75004051811

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,992

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Twin Home
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 962
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Finished, Full
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1442
  • Below Grade Finished Sq Ft: 480
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Storage Shed
  • PatioPorchType: Deck

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Hardwood Floors,Natural Woodwork

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 147x176x99
  • Lot Size Sq Ft: 6969.6
  • 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, Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 75004051811
  • Tax Annual Amount: 2992
  • TaxWithAssessments: 2992.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2024
Closed on
Oct 16, 2024
Sold by
Bates Jason M
Bought by
Bates Jason M and Robb Trisha Mary
Seller's Agent
Matt Wolfe
RE/MAX Results
Buyer's Agent
James Swanson
Coldwell Banker Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
5
Current Estimated Value
$263,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,927
Avg. Annual Appreciation
3.18%
Original Mortgage
$250,381
Outstanding Balance
$247,577
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$16,350

Purchase Details

Listed on
Aug 20, 2024
Closed on
Sep 18, 2024
Sold by
Thomas M Garmaker Trust and Garmaker Kraig
Bought by
Bates Jason M
Seller's Agent
Matt Wolfe
RE/MAX Results
Buyer's Agent
James Swanson
Coldwell Banker Realty
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,381
Outstanding Balance
$247,577
Interest Rate
6.49%
Mortgage Type
FHA
Estimated Equity
$16,350

Purchase Details

Closed on
Oct 28, 2016
Sold by
Robar Diane and Robar Charles E
Bought by
Garmaker Thomas M and Thomas M Garmaker Trust

Purchase Details

Closed on
May 18, 1999
Sold by
Lipuma John
Bought by
Lockwood Diane E
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
Bates Jason M $500 Attorneys Title Group
Bates Jason M $255,000 None Listed On Document
Garmaker Thomas M $145,000 Attorney
Lockwood Diane E $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Jason M $250,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2024 09/23/24 Sold $255,000 +2.0% $177 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $249,900 -- $173 / 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 $3,106 $253,800 $62,400 $191,400
2024 $2,992 $254,500 $62,400 $192,100
2023 $3,192 $246,600 $62,400 $184,200
2022 $2,868 $246,600 $87,000 $159,600
2020 $2,262 $172,100 $30,400 $141,700
2019 $1,910 $157,600 $27,300 $130,300
2018 $1,774 $147,200 $26,000 $121,200
2017 $1,644 $134,300 $24,700 $109,600
2016 $1,618 $125,400 $21,800 $103,600
2015 $1,928 $96,300 $15,700 $80,600
2014 $1,892 $115,200 $18,900 $96,300
2013 -- $107,900 $17,600 $90,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6588824

NorthstarMLS

APN: 75-405-1811