NOT LISTED FOR SALE

3997 Kokanee Ln N Lake Elmo, MN 55042

Estimated Value: $658,457 - $715,000

4 Beds
3 Baths
2,792 Sq Ft
$244/Sq Ft Est. Value

Last Sold February 23, 2024

Last sale price $620,000 $222 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,271/month

25 Days on Market

Highlights

  • New Construction
  • 1 Fireplace
  • 3 Car Attached Garage
  • Stillwater Area High School Rated A-
  • Great Room
  • 1-Story Property

About This Home

As of February 2024

3 car garage detached Villa! 4 bedrooms with 3 on the main level, vaulted ceilings with 4th bedroom in the finished lower level walk out. Nicely appointed Kitchen with walk in pantry. Lots of windows to bring in natural light & abundance of storage. Association maintained home with pool & clubhouse.

Last Agent to Sell the Property

Jean-Luke Delport

New Home Star Listed on: 12/06/2023

Co-Listed By

Kimberly Wallisch

Hanson Builders Inc

Last Buyer's Agent

Danielle Bade

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x120x65x120

HOA Fees

  • $156 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Great Room
  • Family Room
  • Finished Basement
  • Walk-Out Basement
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • Association fees include lawn care, professional mgmt, shared amenities, snow removal
  • Omega Property Management Association, Phone Number (952) 949-9100
  • Built by CREATIVE HOMES INC (667667)
  • Legacy/North Star Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1102921440017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$156 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: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1839
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Fireplace Features: Gas
  • Living Area: 2792
  • Below Grade Finished Sq Ft: 953
  • Basement YN: Yes
  • Dining Room Type: Dining Room, Kitchen, Great Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room
  • SqFtTotal: 2792.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • CompletionDate: 2023-04-28

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 444
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Professional Mgmt, Shared Amenities, Snow Removal
  • Phone: 952-949-9100
  • Association Fee: 156
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Main Floor Primary Bedroom,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Omega Property Management
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 65x120x65x120
  • Lot Size Sq Ft: 7840.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 1102921440017
  • Tax Annual Amount: 1722
  • TaxWithAssessments: 1722.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 23, 2024
Sold by
Creative Homes Inc
Bought by
Palm Jeremy and Lund Gina
Seller's Agent
Jean-Luke Delport
New Home Star
Buyer's Agent
Danielle Bade
Edina Realty, Inc.
List Price
$629,900
Sold Price
$620,000
Premium/Discount to List
-$9,900
-1.57%
Views
22
Current Estimated Value
$682,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,614
Avg. Annual Appreciation
4.77%
Original Mortgage
$620,000
Outstanding Balance
$610,936
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$56,478

Purchase Details

Closed on
Nov 2, 2022
Sold by
Gwsa Land Development Llc
Bought by
Creative Homes Inc

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 Buyer Sale Price Title Company
Palm Jeremy $620,000 --
Creative Homes Inc $119,000 Chb Title Llc
Hanson Builders Inc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palm Jeremy $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2024 02/23/24 Sold $620,000 -1.6% $222 / Sq Ft
12/31/2023 12/31/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $629,900 -- $226 / 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 $6,120 $617,600 $150,000 $467,600
2023 $6,120 $330,700 $170,000 $160,700
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: 6466497

NorthstarMLS

APN: 11-029-21-44-0017