NOT LISTED FOR SALE

5193 Keats Ave N Lake Elmo, MN 55042

Estimated Value: $636,000 - $1,695,000

2 Beds
2 Baths
2,677 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 23, 2023

Last sale price $1,600,000 $598 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $7,510/month

32 Days on Market

Highlights

  • Lake Front
  • 2,741,231 Sq Ft lot
  • Double Oven
  • Stillwater Middle School Rated A-
  • No HOA
  • Porch

About This Home

As of October 2023

This stunning White Eagle Ranch home sits on 63 sprawling acres of land in Lake Elmo, MN, boasting picturesque views of Clear Lake. The charming 2 bedroom, 2 bathroom home is complemented by three outbuildings that offer ample space for storage, workshops or even horses. The property is perfect for outdoor enthusiasts, with its vast open spaces, and plenty of opportunities for fishing, and hunting. Inside, the home features an open floor plan with modern finishes, a cozy fireplace, and large windows that let in natural light and showcase the stunning views. This is truly a once-in-a-lifetime opportunity to own a magnificent piece of Minnesota real estate.

Last Agent to Sell the Property

Grant Johnson

Real Broker, LLC Listed on: 05/05/2023

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,736

Year Built

  • Built in 1954

Lot Details

  • 62.93 Acre Lot
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,677 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Partial Basement

Kitchen

  • Double Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0202921330001

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,736

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 2677
  • Water Body Name: Clear Lake (Lake Elmo City)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Cooktop, Dishwasher, Double Oven, Refrigerator
  • Fireplace Features: Family Room
  • Living Area: 2677
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Family Room, Mud Room, Dining Room, Bedroom 1, Bedroom 2, Three Season Porch

Beds/Baths

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

Exterior Features

  • Other Structures: Barn(s), Pole Building
  • Lake Acres: 19
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 400

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: See the 3 PID's
  • Lot Size Sq Ft: 2741230.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 0202921330001
  • Tax Annual Amount: 8736
  • TaxWithAssessments: 8736.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Oct 12, 2023
Sold by
George S. Dege and George Kathleen A.
Bought by
Minnesota Obgyn Pllc
Seller's Agent
Grant Johnson
Real Broker, LLC
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Total Days on Market
32
Views
151
Current Estimated Value
$1,232,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$367,997
Avg. Annual Appreciation
-14.90%

Purchase Details

Closed on
Aug 21, 2017
Sold by
Dege George S and Rhein Dege Kathleen A
Bought by
Dege George S and Rhein Dege Kathleen A
Source: Public Records

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Range of Values:

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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
Minnesota Obgyn Pllc $1,600,000 --
Dege George S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dege George S $500,000
Previous Owner Dege George S $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2023 10/23/23 Sold $1,600,000 -11.1% $598 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,800,000 -- $672 / 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
2023 $7,130 $721,300 $421,200 $300,100
2022 $4,554 $481,900 $238,100 $243,800
2021 $3,056 $481,900 $238,100 $243,800
2020 $3,058 $474,900 $238,100 $236,800
2019 $3,148 $478,600 $238,100 $240,500
2018 $3,010 $472,300 $238,100 $234,200
2017 $2,882 $454,900 $225,700 $229,200
2016 $2,924 $454,900 $230,000 $224,900
2015 $2,966 $429,300 $213,200 $216,100
2013 -- $345,100 $176,100 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6362976

NorthstarMLS

APN: 02-029-21-33-0001