Seller's Agent in 2023
Michelle Lundeen
RE/MAX Results
(763) 300-2728
122 in this area
357 Total Sales
510 E Rum River Dr N Cambridge, MN 55008
Estimated Value: $421,000 - $576,000
4
Beds
5
Baths
4,096
Sq Ft
$124/Sq Ft
Est. Value
Highlights
- Home fronts a pond
- Family Room with Fireplace
- Home Office
- 33,106 Sq Ft lot
- No HOA
- Built-In Double Oven
About This Home
As of October 2023Beautiful & well maintained custom built home located on a pond preserve & in one of the most desirable neighborhoods in Cambridge. Cozy conversation spaces; including the screened in porch overlooking the backyard. Enter into the inviting foyer showcasing the loft & walk into the living room or the formal dining room w/ it's chair railing, custom millwork & lots of space for dining. Main level family room boasts timeless beams, a neutral decor & lots of natural light through the double doors opening to the deck. Custom kitchen w/ hardwood floors, birch cabinets, Cambria countertops, beautiful backsplash & Wolf gas stovetop. Main level mudroom, laundry w/ office or crafting space & two 1/2 baths. Three bedrooms in the upper level including an updated & gorgeous primary bedroom suite w/ a soaking tub, an additional full bath & a loft. Lower level walkout boasts a 2nd kitchen, rec room w/ fplc, den, 4th bedroom & lots of storage. See supplement for more info. Welcome Home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,676
Year Built
- Built in 1986
Lot Details
- 0.76 Acre Lot
- Lot Dimensions are 40x57x253x201x259
- Home fronts a pond
- Cul-De-Sac
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Guest Parking
Home Design
- Shake Siding
Interior Spaces
- 2-Story Property
- Central Vacuum
- Wood Burning Fireplace
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Home Office
- Game Room with Fireplace
- Recreation Room
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Storage
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Water Filtration System
- Cable TV Available
Additional Features
- Electronic Air Cleaner
- Porch
Community Details
- No Home Owners Association
- River Heights 3Rd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 150780160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Oct 6, 2023
Sold by
Janie L Pearson Revocable Trust Under A
Bought by
Ludwig Jacob and Ludwig Emily
Seller's Agent
Michelle Lundeen
RE/MAX RESULTS
Buyer's Agent
Brian Larson
RE/MAX RESULTS
List Price
$550,000
Sold Price
$550,000
Views
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,401
Avg. Annual Appreciation
-3.72%
Original Mortgage
$550,000
Outstanding Balance
$539,407
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
-$29,808
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ludwig Jacob | $550,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ludwig Jacob | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/06/2023 10/06/23 | Sold | $550,000 | 0.0% | $134 / Sq Ft |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 08/20/2023 08/20/23 | Off Market | $550,000 | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $550,000 | -- | $134 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,666 | $464,400 | $60,000 | $404,400 |
| 2024 | $6,876 | $471,800 | $48,000 | $423,800 |
| 2023 | $6,676 | $471,800 | $48,000 | $423,800 |
| 2022 | $6,092 | $434,800 | $48,000 | $386,800 |
| 2021 | $6,076 | $348,300 | $48,000 | $300,300 |
| 2020 | $6,472 | $346,900 | $48,000 | $298,900 |
| 2019 | $6,706 | $364,600 | $0 | $0 |
| 2018 | $6,854 | $354,000 | $0 | $0 |
| 2016 | $6,040 | $0 | $0 | $0 |
| 2015 | $5,868 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Lundeen
-
Brian Larson
B
Buyer's Agent in 2023
Brian Larson
RE/MAX Results
(763) 291-8630
14 in this area
64 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6400525
APN: 15.078.0160
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