NOT LISTED FOR SALE

40305 State Highway 18 Aitkin, MN 56431

Estimated Value: $667,481 - $755,000

4 Beds
3.5 Baths
4,042 Sq Ft
$175/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $470,000 $116 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,948/month

311 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Heated Floors
  • Deck
  • Spa
  • 2.95 Acre Lot
  • Vaulted Ceiling

About This Home

As of August 2013

Sensational views, plenty of glass that brings the lake right to your door. Beautiful approach to the home with a winding driveway. Nice hard shoreline with rocks and sand. The perfect get away or year round home, includes the always needed extra garage.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 09/24/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 09/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,314

Year Built

  • Built in 2004

Lot Details

  • 2.95 Acre Lot
  • Lot Dimensions are 150 x 650
  • 150 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Parking

  • 5 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Combination Kitchen and Dining Room
  • Heated Floors

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 110057203

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,314

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hot Tub, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Hot Tub, Patio
  • Estimated Number of Acres: 2.95
  • Construction: Previously Owned
  • Foundation Size: 2096
  • Parcel Number: 110057203
  • Projected Closed Date: 08/30/2013
  • Stories: 1 Story
  • Taxes With Assessments: 2314
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor Full Bath, Separate Tub & Shower
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 4
  • Room 1: Living Room, 20x24, On Level: Main
  • Room 2: Dining Room, 15x12, On Level: Main
  • Room 3: Family Room, 46x20, On Level: Lower
  • Room 4: Kitchen, 13x14, On Level: Main
  • Room 5: Bedroom, 18x22, On Level: Main
  • Room 6: Bedroom, 10x13, On Level: Main
  • Room 7: 12x13, On Level: Lower
  • Room 8: Bedroom, 11x16, On Level: Lower
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 2096
  • Below Grade Finished Sq Ft: 1946
  • Total Fin Square Footage: 4042

Exterior Features

  • Frontage Road: Paved
  • LakeAcres: 128226.17
  • Waterfront Name: Mille Lacs
  • Exterior: Brick
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 5

Utilities

  • Cooling: Central
  • Fuel: Electric, Propane - Tank Owned
  • Heat: Forced Air, In Floor
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 150 X 650
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2012
  • Tax Value: 2314

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2012
Closed on
Aug 30, 2013
Sold by
Horbul Marilyn Marilyn
Bought by
Malotky Dean and Malotky Cheryl
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$535,000
Sold Price
$470,000
Premium/Discount to List
-$65,000
-12.15%
Current Estimated Value
$706,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,160
Avg. Annual Appreciation
3.05%

Purchase Details

Listed on
Sep 24, 2012
Closed on
Aug 1, 2013
Bought by
Malotky Dean and Malotky Cheryl
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$535,000
Sold Price
$470,000
Premium/Discount to List
-$65,000
-12.15%
Source: Public Records

Range of Values:

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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
Malotky Dean $470,000 --
Malotky Dean $470,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $470,000 -12.1% $116 / Sq Ft
08/01/2013 08/01/13 Pending -- -- --
09/24/2012 09/24/12 For Sale $535,000 -- $132 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,452 $597,700 $181,900 $415,800
2024 $2,932 $556,200 $157,300 $398,900
2023 $2,660 $592,100 $199,500 $392,600
2022 $2,936 $523,900 $160,800 $363,100
2021 $2,722 $434,900 $121,000 $313,900
2020 $2,594 $418,300 $116,200 $302,100
2019 $2,426 $379,600 $109,800 $269,800
2018 $2,344 $347,200 $119,600 $227,600
2017 $2,094 $339,600 $112,000 $227,600
2016 $1,974 $352,800 $112,000 $240,800
2014 $1,934 $337,500 $119,000 $218,500
2012 $17 $361,000 $132,000 $229,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    RASM STAFF

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4401971

REALTOR® Association of Southern Minnesota

APN: 11-0-057203

Minnesota Aitkin County Aitkin 56431

40305 State Highway 18, Aitkin, MN

This home is located at 40305 State Highway 18, Aitkin, MN 56431 since 24 September 2012 and is currently estimated at $706,160, approximately $174 per square foot. This property was built in 2004. 40305 State Highway 18 is a home located in Aitkin County with nearby schools including Rippleside Elementary School and Aitkin Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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