Seller's Agent in 2023
Bruce Lewis
eXp Realty
(651) 231-6854
2 in this area
51 Total Sales
515 Elins Lake Rd SE Cambridge, MN 55008
Estimated Value: $538,000 - $647,000
5
Beds
2.5
Baths
3,003
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- 148 Feet of Waterfront
- Living Room with Fireplace
- The kitchen features windows
- Multiple Garages
- No HOA
- Porch
About This Home
As of August 2023Introducing a captivating lakeside retreat in Cambridge's serene Elms Lake neighborhood. This remarkable 2014-built home offers a single-level layout with five bedrooms (Two of which could be utilized as office space), three bathrooms, and a wealth of amenities, providing an exceptional opportunity for a tranquil lakeside lifestyle. Spanning over 3,000 square feet, the residence boasts an inviting open layout, abeautifully designed kitchen, a HUGE master suite with views of the Lake, a boathouse garage built into the lower level, a lakefront deck, and meticulously landscaped grounds. You are sure to love the 148 ft of shoreline. Situated on Elms Lake, this property offers a lifestyle of waterfront living and community charm, all within reach of urban conveniences. Embrace the tranquility and beauty of this gem, offering a unique lakeside retreat.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,626
Year Built
- Built in 2014
Lot Details
- 0.46 Acre Lot
- Lot Dimensions are 76x131
- 148 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Irregular Lot
Parking
- 3 Car Attached Garage
- Multiple Garages
- Heated Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Shake Siding
Interior Spaces
- 1-Story Property
- Stone Fireplace
- Family Room
- Living Room with Fireplace
- 2 Fireplaces
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Basement Window Egress
Additional Features
- Air Exchanger
- Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 151670340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2023
Closed on
Aug 28, 2023
Sold by
Mazon Kathryn
Bought by
Riley Toni and Isle Brian
Seller's Agent
Bruce Lewis
eXp Realty
Buyer's Agent
Kristine Kostuch
Coldwell Banker Realty
List Price
$585,000
Sold Price
$625,000
Premium/Discount to List
$40,000
6.84%
Views
25
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
-$29,407
Avg. Annual Appreciation
-2.25%
Original Mortgage
$521,298
Outstanding Balance
$510,242
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$85,351
Purchase Details
Listed on
Jun 13, 2014
Closed on
Oct 6, 2014
Bought by
Mazon Lawrence Lawrence
Seller's Agent
Candace Rindahl
RE/MAX Results
Buyer's Agent
Candace Rindahl
RE/MAX Results
List Price
$278,000
Sold Price
$291,342
Premium/Discount to List
$13,342
4.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$281,342
Interest Rate
4.19%
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 |
|---|---|---|---|
| Riley Toni | $625,000 | -- | |
| Mazon Lawrence Lawrence | $291,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Riley Toni | $521,298 | |
| Previous Owner | Mazon Lawrence Lawrence | $281,342 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/28/2023 08/28/23 | Sold | $625,000 | +6.8% | $208 / Sq Ft | |
| 06/12/2023 06/12/23 | Pending | -- | -- | -- | |
| 06/08/2023 06/08/23 | For Sale | $585,000 | +100.8% | $195 / Sq Ft | |
| 10/06/2014 10/06/14 | Sold | $291,342 | +4.8% | $176 / Sq Ft | View Prior Sale |
| 06/13/2014 06/13/14 | Pending | -- | -- | -- | |
| 06/13/2014 06/13/14 | For Sale | $278,000 | -- | $168 / 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 | $7,830 | $533,400 | $129,800 | $403,600 |
| 2024 | $6,766 | $464,200 | $110,600 | $353,600 |
| 2023 | $1,956 | $464,200 | $110,600 | $353,600 |
| 2022 | $680 | $427,400 | $110,600 | $316,800 |
| 2021 | $200 | $338,300 | $46,900 | $291,400 |
| 2020 | $6 | $311,200 | $40,500 | $270,700 |
| 2019 | $0 | $300,300 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | $510 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bruce Lewis
-
Kristine Kostuch
K
Buyer's Agent in 2023
Kristine Kostuch
Coldwell Banker Burnet
(651) 485-4200
1 in this area
6 Total Sales
-
C
Seller's Agent in 2014
Candace Rindahl
RE/MAX
Map
Source: NorthstarMLS
MLS Number: 6380025
APN: 15.167.0340
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