
40881 Greystone Ave North Branch, MN 55056
Estimated payment $4,335/month
Highlights
- Multiple Garages
- 87,120 Sq Ft lot
- No HOA
- RV Access or Parking
- Recreation Room
- Stainless Steel Appliances
About This Home
Executive rambler on 2 acres!
For sale only the 2nd time in 30 years this exceptional property deserves your attention. You’ll find quality throughout along with main level living. Starting with a spacious kitchen featuring granite countertops and an oversized island. Six panel Oak doors, 2 sets of French doors, 4-inch trim mill work, vaulted ceilings, wet bar/coffee nook, hardwood floors, large primary ensuite connected to 4 season sun porch. Step out onto the freshly stained deck overlooking yard, fenced garden, bird bath, many perennials.
Lower-level walkout features almost 2,000 finished sq ft! Includes 2nd kitchenette, 2 bedrooms, 1 full bathroom and a private hot tub. Three car attached garage + built in storage. Across driveway is an insulated & heated oversized 2 car garage/shop with workbench, air compressor & hoses and mechanicals.
Sellers enjoyed their green thumb at this home! Many additions were made to the already established landscaping. You will find towering lodge pole pines that cover the entire development. The property offers a mix of blue spruce, cedar, birch, blaze maple, flowering crab and other colorful and healthy trees. There are numerous perennial flowers, a raspberry patch and apple trees. Owners planted a border of red twig dogwood shrubs on the back of the lot which offers 4 season privacy and color. You’ll find a fenced garden, 2 water spigots on each end of property, monarch garden and so much more.
Roof and gutters have been replaced in the last 3 years. Newer mechanicals & appliances. 10 zone irrigation system, underground fence for dogs, 2 fire pits and a front porch you will sit out and relax or star gaze anytime you can.
Nothing left to do but move in and enjoy.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 507-766-0639 Listed on: 07/31/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,278
Year Built
- Built in 1997
Lot Details
- 2 Acre Lot
- Lot Dimensions are 400 x 219
- Wire Fence
Parking
- 5 Car Attached Garage
- Multiple Garages
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
- Garage Door Opener
- Guest Parking
- RV Access or Parking
Interior Spaces
- 1-Story Property
- Entrance Foyer
- Living Room with Fireplace
- Recreation Room
- Utility Room
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Window Egress
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Well
- High Speed Internet
Community Details
- No Home Owners Association
- Walker Hill Park 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 110102809
Map
Home Values in the Area
Average Home Value in this Area
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 |
---|---|---|---|---|
2023 | $7,278 | $605,300 | $72,600 | $532,700 |
2022 | $7,278 | $568,700 | $65,600 | $503,100 |
2021 | $6,660 | $464,200 | $0 | $0 |
2020 | $6,878 | $450,900 | $52,900 | $398,000 |
2019 | $5,846 | $0 | $0 | $0 |
2018 | $6,178 | $0 | $0 | $0 |
2017 | $5,710 | $0 | $0 | $0 |
2016 | $5,966 | $0 | $0 | $0 |
2015 | $5,564 | $0 | $0 | $0 |
2014 | -- | $298,100 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | For Sale | $675,000 | -- | $182 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | $370,000 | -- | |
Warranty Deed | $370,000 | -- | |
Warranty Deed | $36,000 | -- | |
Warranty Deed | $46,500 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $330,000 | New Conventional | |
Closed | $330,000 | Purchase Money Mortgage | |
Previous Owner | $510,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
Previous Owner | $203,950 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $200,000 | Future Advance Clause Open End Mortgage |
Similar Homes in the area
Source: NorthstarMLS
MLS Number: 6764661

APN: 11-01028-09
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