NOT LISTED FOR SALE

38991 355th Ave Melrose, MN 56352

Estimated Value: $492,000 - $622,000

3 Beds
2.5 Baths
2,492 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $559,000 $224 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,075/month

35 Days on Market

Highlights

  • River Front
  • 3 Fireplaces
  • Home Office
  • 1,492,366 Sq Ft lot
  • No HOA
  • Patio

About This Home

As of July 2024

Welcome to the Rusty Star Ranch, located along the scenic Sauk River! This stunning 34 acre property offers the perfect blend of peace and tranquility. Featuring 3 bedrooms and 3 bathrooms, this rustic home is perfect for your future residence or weekend getaways. Step outside onto the patio and discover your outdoor ktichen area, perfect for hosting your friends and family. Relax and unwind in the hot tub nestled under a charming pergola, or take in the soothing sights and sounds of the fountain in the expansive backyard. With a large pasture area, this property is also ideal for those with hobby farm or agricultural interests. The beautiful barn serves as both the garage and a unique loft space above providing an additional gathering space for that future man cave or "she shed" feel. Make sure to take note of the 32x36 red barn with chicken coop and workshop while exploring this property. Let your imagination run free how you can make this property your own! Schedule a showing today!

Last Agent to Sell the Property

Mandy Rudy

Edina Realty, Inc. Listed on: 04/29/2024

Edina Realty, Inc.

Last Buyer's Agent

Mandy Rudy

Edina Realty, Inc. Listed on: 04/29/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,338

Year Built

  • Built in 2014

Lot Details

  • 34.26 Acre Lot
  • Lot Dimensions are 895x1314x1416x861x464x211x249x235
  • River Front
  • Property has an invisible fence for dogs
  • Electric Fence
  • Wire Fence
  • Irregular Lot
  • Many Trees
  • Zoning described as Agriculture

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • 3 Fireplaces
  • Electric Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Finished Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Propane
  • Well
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Septic System

Community Details

  • No Home Owners Association
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 21125070010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,338

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Drilled, Well
  • Year Built: 2014
  • Above Grade Finished Sq Ft: 1610
  • Water Body Name: Sauk River
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric, Pellet Stove
  • Living Area: 2492
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 882
  • Basement YN: Yes
  • Dining Room Type: Office, Family Room, Bathroom, Foyer, Kitchen, Informal Dining Room, Living Room, Bedroom 1, Bedroom 2, Other Room, Bedroom 3, Storage, Utility Room

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Metal
  • Fencing: Electric, Invisible, Wire
  • Other Structures: Additional Garage, Barn(s), Chicken Coop/Barn, Hot Tub, Workshop
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Patio
  • LakeChain: N
  • Farm Type: Hobby

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Carport Spaces: 2428

Utilities

  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Outdoor Kitchen,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Melrose
  • SchoolDistrictPhone: 320-256-4224

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 895x1314x1416x861x464x211x249x235
  • Lot Size Sq Ft: 1492365.6
  • Land Lease: No
  • Lot Features: Green Acres, Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 21125070010
  • Tax Annual Amount: 1338
  • TaxWithAssessments: 1338.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Jul 12, 2024
Sold by
Vogel Timothy and Vogel Laura
Bought by
Edstrom Christopher
Seller's Agent
Mandy Rudy
Edina Realty, Inc.
Buyer's Agent
Mandy Rudy
Edina Realty, Inc.
List Price
$559,000
Sold Price
$559,000
Views
107
Current Estimated Value
$554,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,005
Avg. Annual Appreciation
-0.56%
Original Mortgage
$503,100
Outstanding Balance
$497,137
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$57,858
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
Edstrom Christopher $559,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edstrom Christopher $503,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $559,000 0.0% $224 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/02/2024 05/02/24 For Sale $559,000 +833.2% $224 / Sq Ft
03/14/2014 03/14/14 Sold $59,900 0.0% -- View Prior Sale
02/13/2014 02/13/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $59,900 -- --
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 $1,876 $493,500 $198,900 $294,600
2024 $1,876 $380,000 $133,200 $246,800
2023 $1,338 $323,000 $126,300 $196,700
2022 $1,342 $253,100 $99,500 $153,600
2021 $1,288 $253,100 $99,500 $153,600
2020 $2,316 $251,600 $98,800 $152,800
2019 $0 $264,600 $138,700 $125,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6527699

NorthstarMLS

APN: 21.12507.0010