$600,000
SOLD JAN 24, 2025

3973 Kokanee Ln N Lake Elmo, MN 55042

3 Beds
3 Baths
2,642 Sq Ft
$177/mo HOA Fee

Recently Sold

$227 Per Sq Ft

3% Below List Price

36 Days on Market

Highlights

  • New Construction
  • 1 Fireplace
  • 1-Story Property
  • Stillwater Area High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

SELF-TOUR TODAY! Welcome to the new "Elliot" - Walk Out Rambler! This delightful farmhouse style association maintained NEW home is a 3BR/3BA/2CAR - This open floor plan is designed with flair and functionality. The stunning great room includes a stone fireplace, and an abundance of natural sunlight. Two bedrooms on the main level and one bedroom in the finished walk out lower level. The community includes lawn care, snow removal, a clubhouse, a POOL, basketball court and playground. This home is ready for you-come and self-tour today!

Last Agent to Sell the Property

Joni Corrigan

New Home Star Brokerage Email: joni@creativehomes.com Listed on: 11/16/2024

Co-Listed By

Monique Resch

New Home Star Brokerage Email: joni@creativehomes.com

Last Buyer's Agent

Jennifer Snyder

eXp Realty

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,797 Sq Ft Lot
  • Lot Dimensions are 65x120x65x120

HOA Fees

  • $177 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Insulated Concrete Forms
  • Shake Siding

Interior Spaces

  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include lawn care, professional mgmt, snow removal
  • Omega Property Management Association, Phone Number (952) 949-9100
  • Built by CREATIVE HOMES INC
  • Legacy At Northstar Community
  • Legacy/North Star 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1402921110048

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,722

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$177 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Detached
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1387
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: joni@creativehomes.com
  • Attribution Contact: joni@creativehomes.com
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Drain Tiled, 8 ft+ Pour, Finished, Insulating Concrete Forms, Concrete, Sump Pump, Walkout
  • Living Area: 2642
  • Below Grade Finished Sq Ft: 1255
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

  • CompletionDate: 2024-04-19

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 501

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Professional Mgmt, Snow Removal
  • Phone: 952-949-9100
  • Association Fee: 177
  • Association: Yes
  • Community Name: Legacy at Northstar

Association/Amenities

  • HOA Management Co: Omega Property Management

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictNumber: 834
  • SchoolDistrictPhone: 651-351-8301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x120x65x120
  • Lot Size Sq Ft: 7797.24
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1402921110048
  • Tax Annual Amount: 1722
  • TaxWithAssessments: 1722.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
Jan 24, 2025
Sold by
Creative Homes Inc
Bought by
Drake Mark Ernest
Seller's Agent
Joni Corrigan
New Home Star
Buyer's Agent
Jennifer Snyder
eXp Realty
List Price
$619,900
Sold Price
$600,000
Premium/Discount to List
-$19,900
-3.21%
Views
78
Current Estimated Value
$630,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,854
Avg. Annual Appreciation
3.79%
Original Mortgage
$600,000
Outstanding Balance
$597,311
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$17,389

Purchase Details

Closed on
Dec 21, 2022
Sold by
Gwsa Land Development Llc
Bought by
Creative Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2022
Sold by
Gwsa Land Development Llc
Bought by
Hanson Builders Inc
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 Type Sale Price Title Company
Warranty Deed $600,000 Better Built Title
Deed $119,000 --
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 VA
Previous Owner $119,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $600,000 -3.2% $227 / Sq Ft
12/22/2024 12/22/24 Pending -- -- --
11/16/2024 11/16/24 For Sale $619,900 -- $235 / 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 $3,084 $323,500 $150,000 $173,500
2023 $3,084 $170,000 $170,000 $0
2022 $1,198 $165,700 $165,700 $0
2021 $556 $137,500 $137,500 $0
2020 $74 $132,500 $132,500 $0
2019 -- $8,300 $8,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6632170

NorthstarMLS

APN: 14-029-21-11-0048