NOT LISTED FOR SALE

3563 Iris Ave N Lake Elmo, MN 55042

Estimated Value: $682,000 - $739,000

4 Beds
3 Baths
3,284 Sq Ft
$215/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $685,000 $209 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,339/month

53 Days on Market

Highlights

  • 1 Fireplace
  • Front Porch
  • 1-Story Property
  • Stillwater Area High School Rated 10
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of December 2024

Looking for a peaceful retreat-like home in a private neighborhood just minutes from 694? Explore this
custom-built Lake Elmo home! With its spacious backyard and nature hiking trails throughout the
neighborhood, this home offers plenty of opportunities to stay active and enjoy the great outdoors. Enjoy
a private access trail to Lake Jane. The home has been thoughtfully updated with new windows (2019), roof
(2021), siding (2021), HVAC system (2023), appliances, flooring (2020), and light fixtures (2024), making
it move-in ready for its new owners. The custom-built garage shelving system and hidden play-place
underneath the stairwell offer an added bonus. This is a perfect home to enjoy the peace and quiet of a
private neighborhood while still having easy access to all the amenities of the city.

Last Agent to Sell the Property

Matthew Johnson

Bridge Realty, LLC Listed on: 09/13/2024

Bridge Realty, LLC

Last Buyer's Agent

Benjamin Mains

Keller Williams Select Realty

Keller Williams Select Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,348

Year Built

  • Built in 2002

Lot Details

  • 0.6

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Sump Pump
  • Drain
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Shared Septic

Additional Features

  • Front Porch
  • Lot Dimensions are 88x222x106x217

Community Details

  • Association fees include sanitation
  • Private Association, Phone Number (651) 329-2962
  • Wildflower Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1602921130024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,348

Year Built

Built in 2002

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1754
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Sump Pump
  • Living Area: 3284
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1530
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Finished Garage, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Shared Septic
  • LaundryFeatures: Main Level
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Sanitation
  • Phone: 6513292962
  • Association Fee: 420
  • Association: Yes

Association/Amenities

  • HOA Management Co: Private

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictPhone: 6513518301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 88x222x106x217
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 1602921130024
  • Tax Annual Amount: 5348
  • TaxWithAssessments: 5348

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Dec 6, 2024
Sold by
Bailen Gregory and Bailen Lianie
Bought by
Carlberg Alexander and Carlberg Meghananne
Seller's Agent
Matthew Johnson
Bridge Realty, LLC
Buyer's Agent
Benjamin Mains
Keller Williams Select Realty
List Price
$714,900
Sold Price
$685,000
Premium/Discount to List
-$29,900
-4.18%
Views
45
Current Estimated Value
$706,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,550
Avg. Annual Appreciation
3.11%
Original Mortgage
$650,750
Outstanding Balance
$645,380
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$61,170

Purchase Details

Closed on
Sep 28, 2018
Sold by
Melchiori Carol and Melchiori Carol J
Bought by
Bailen Lainie and Bailen Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,233
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Hayle Donald J and Hayle Linda A
Bought by
Melchiori Brian T and Melchiori Carol J

Purchase Details

Closed on
Sep 30, 2002
Sold by
Lang Builders Inc
Bought by
Hayle Donald J and Hayle Linda A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Carlberg Alexander $685,000 --
Bailen Lainie $476,312 Metro Title Services Inc
Melchiori Brian T $469,000 --
Hayle Donald J $388,957 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlberg Alexander $650,750
Previous Owner Bailen Lainie $357,233
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $685,000 -2.8% $209 / Sq Ft
11/05/2024 11/05/24 Pending -- -- --
09/26/2024 09/26/24 Price Changed $705,000 -1.4% $215 / Sq Ft
09/13/2024 09/13/24 For Sale $714,900 -- $218 / 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
2024 $5,828 $592,400 $190,000 $402,400
2023 $5,828 $586,400 $180,000 $406,400
2022 $4,836 $555,600 $180,800 $374,800
2021 $4,200 $457,800 $150,000 $307,800
2020 $4,022 $442,500 $142,500 $300,000
2019 $4,054 $434,400 $145,000 $289,400
2018 $3,888 $412,100 $140,000 $272,100
2017 $3,794 $400,300 $130,000 $270,300
2016 $3,874 $402,400 $127,200 $275,200
2015 $4,014 $405,400 $124,600 $280,800
2013 -- $363,700 $98,700 $265,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6601213

NorthstarMLS

APN: 16-029-21-13-0024