Seller's Agent in 2021
Ken Skaare
OLSON NELSON REALTY
(507) 525-3071
127 Total Sales
37550 40th St Elmore, MN 56027
Estimated Value: $350,000 - $578,000
4
Beds
3.5
Baths
5,442
Sq Ft
$88/Sq Ft
Est. Value
Highlights
- River Front
- Deck
- Workshop
- Reverse Osmosis System
- Vaulted Ceiling
- Formal Dining Room
About This Home
As of August 2021Amazing acreage nestled on 8.55 acres along the Blue Earth River offering plenty of room inside and out to enjoy! The gorgeous 4-5 bedroom home has over 5500 square feet of living space, which spans three levels. You’ll love the main level open floor plan, vaulted ceilings, open staircase with a balcony, and easy access to the deck and outside. All of the beautiful natural woodwork was handmade by the Amish! The family room and kitchen are the hub of this level, with plenty of room to gather and entertain. Just off of the kitchen is a formal dining room with a handy pass through and across the hall is a large office, perfect for those working from home. The master bedroom offers a walk-in closet, full bath with separate shower and tub, and direct access to the deck, a perfect place to enjoy that morning coffee. Rounding off the main floor is a half-bath and laundry room with plenty of storage. Upstairs, the loft provides a great place to curl up with a good book and enjoy the views. There are also two large bedrooms each with walk-in closets, a full bath, and bonus room ~ which could easily be another bedroom. Retreat to the finished walk-out basement and enjoy the theater seating, gorgeous kitchen with copper sink and countertops, cooktop, microwave, dishwasher and beverage frig (cabinet doors will be installed), and billiards area all surrounding a gas fireplace. Completing the basement is a large bedroom, ¾ bathroom, exercise room and smaller office. Working from home, no problem as there is Fiber Optic for Internet! Fabulous mechanicals, water treatment systems, geothermal, 2 HVAC units, sound system with built-in speakers (inside and out), system to run lights and TV's, central vac on each level and so much more. Heated, attached garage with extra room for storage. Just a few steps from the garage is a 13’ x 18’ workshop. Outside you can relax on one of the two decks, or there is plenty of room to roam and explore, plant a garden, or enjoy a walk along the river. Call today for private showing.
Home Details
Home Type
- Single Family
Year Built
- 2003
Lot Details
- 8.55 Acre Lot
- River Front
Home Design
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Central Vacuum
- Wired For Data
- Woodwork
- Vaulted Ceiling
- Free Standing Fireplace
- Window Treatments
- Formal Dining Room
- Workshop
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Reverse Osmosis System
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bathroom is a Full Bathroom
- Bathroom on Main Level
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Garage Door Opener
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Deck
- Porch
Utilities
- Forced Air Heating and Cooling System
- Geothermal Heating and Cooling
- Heating System Powered By Owned Propane
- Water Filtration System
- Private Water Source
- Water Softener is Owned
- Fuel Tank
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 07.018.0501
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2021
Closed on
Aug 9, 2021
Sold by
Tvedten Wayne D and Tvedten Tamy J
Bought by
Warner Daniel P and Warner Kimberly A
Seller's Agent
Ken Skaare
OLSON NELSON REALTY
Buyer's Agent
LAURIE OELKE
OLSON NELSON REALTY
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,297
Avg. Annual Appreciation
1.27%
Original Mortgage
$432,250
Outstanding Balance
$393,635
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$87,662
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Warner Daniel P | $455,000 | None Available | |
| Warner Daniel Daniel | $455,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Warner Daniel P | $432,250 | |
| Closed | Warner Daniel Daniel | $450,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2021 08/09/21 | Sold | $455,000 | +1.1% | $84 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 05/05/2021 05/05/21 | For Sale | $450,000 | -- | $83 / Sq Ft |
Source: REALTOR® Association of Southern Minnesota
Tax History Compared to Growth
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 | $3,840 | $539,100 | $70,200 | $468,900 |
| 2024 | $3,652 | $539,300 | $70,200 | $469,100 |
| 2023 | $3,792 | $522,400 | $47,900 | $474,500 |
| 2022 | $3,590 | $482,600 | $47,900 | $434,700 |
| 2021 | $3,328 | $425,100 | $42,900 | $382,200 |
| 2020 | $2,840 | $409,900 | $43,100 | $366,800 |
| 2019 | $2,890 | $409,900 | $43,100 | $366,800 |
| 2018 | $2,644 | $409,300 | $42,500 | $366,800 |
| 2017 | $2,698 | $374,900 | $42,500 | $332,400 |
| 2015 | $1,864 | $352,700 | $42,500 | $310,200 |
| 2013 | -- | $309,000 | $42,500 | $266,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ken Skaare
-
LAURIE OELKE
L
Buyer's Agent in 2021
LAURIE OELKE
OLSON NELSON REALTY
(507) 520-5966
95 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7026898
APN: 07.018.0501
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