NOT LISTED FOR SALE

326 Gates Ave NW Elk River, MN 55330

Estimated Value: $201,000 - $339,728

3 Beds
1.5 Baths
1,357 Sq Ft
$199/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $37,500 $28 Per Sq Ft

Est. 621% increase in value since last sale

Current estimated payment $1,439/month

262 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 2 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • Woodwork

About This Home

As of December 2013

1-1/2 story home on a corner lot with a formal dining room, main level bedroom, hardwood floors and a large family room. Close to everything in downtown Elk River.

Last Agent to Sell the Property

Bruce McAlpin

Edina Realty, Inc. Listed on: 03/25/2013

Co-Listed By

Bonnie Knutson

Edina Realty, Inc.

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 7,841 Sq Ft Lot
  • Corner Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,357 Sq Ft Home
  • Woodwork
  • Formal Dining Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 754010105

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete
  • Estimated Number of Acres: 0.18
  • Assessment Balance: 5
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1201
  • Parcel Number: 754010105
  • Projected Closed Date: 12/20/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1866
  • Comp Dev Subdiv Name: Auditors Subdivision No. 5
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Formal Dining Room
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 14x12, On Level: Main
  • Room 2: Dining Room, 12x9, On Level: Main
  • Room 3: Family Room, 27x15, On Level: Main
  • Room 4: Kitchen, 10x8, On Level: Main
  • Room 5: Bedroom, 18x13, On Level: Upper
  • Room 6: Bedroom, 9x8, On Level: Main
  • Room 7: 13x12, On Level: Main
  • Room 10: Deck, 15x9, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1357
  • Total Fin Square Footage: 1357

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • Exterior: Brick, Stucco
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Elk River #728

Lot Info

  • Estimated Lot Dimensions: .18 acres
  • Lot/Land Description: Corner Lot, Tree Coverage - Light

Building Info

  • Year Built: 1939

Tax Info

  • Year: 2013
  • Tax Value: 1861

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Housing And Redevelopmetn Authority Of T and City Of Elk River Housing And Redevelopm
Bought by
Medical On Main Llc
Current Estimated Value
$270,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,827,000
Outstanding Balance
$1,753,286
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
-$1,482,922

Purchase Details

Closed on
Jan 17, 2017
Sold by
Le Huy
Bought by
Hsng & Redevelopment Authority Of The Ci

Purchase Details

Listed on
Mar 25, 2013
Closed on
Dec 12, 2013
Sold by
Federal National Mortgage Association
Bought by
Le Huy T
Seller's Agent
Bruce McAlpin
Edina Realty, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$109,900
Sold Price
$37,500
Premium/Discount to List
-$72,400
-65.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.22%

Purchase Details

Closed on
Apr 16, 2012
Sold by
Totev Anguel and Totev Maria
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Jul 24, 2001
Sold by
Pipenhagen Kenneth Robert and Pipenhagen Bernice T
Bought by
Totev Anguel and Totev Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Medical On Main Llc $450,000 None Listed On Document
Medical On Main Llc $450,000 None Listed On Document
Hsng & Redevelopment Authority Of The Ci $110,000 --
Le Huy T -- Servicelink
Gmac Mortgage Llc $119,176 None Available
Totev Anguel $136,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medical On Main Llc $1,827,000
Closed Medical On Main Llc $1,827,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $37,500 -65.9% $28 / Sq Ft
12/12/2013 12/12/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $109,900 -- $81 / 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 -- $58,800 $58,800 $0
2024 -- $58,800 $58,800 $0
2023 $0 $39,200 $39,200 $0
2022 $0 $39,200 $39,200 $0
2020 $0 $159,500 $51,400 $108,100
2019 $1,594 $146,000 $45,600 $100,400
2018 $1,594 $135,000 $43,100 $91,900
2017 $1,836 $123,600 $40,600 $83,000
2016 $1,908 $114,900 $37,000 $77,900
2015 $1,848 $117,600 $34,800 $82,800
2014 $1,888 $110,400 $32,800 $77,600
2013 -- $107,700 $30,300 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4454222

REALTOR® Association of Southern Minnesota

APN: 75-401-0105