Seller's Agent in 2022
James Korman
Korman Realty
(612) 702-1910
116 Total Sales
5395 Elkton Trail Faribault, MN 55021
Estimated Value: $695,000 - $836,000
4
Beds
2.5
Baths
3,555
Sq Ft
$217/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- No HOA
- The kitchen features windows
- Family Room with Fireplace
- Home Office
- Porch
About This Home
As of September 2022Welcome to beautiful sunsets on Cannon Lake! This over 1/2 acre property nestled into a quiet neighborhood w/ mature trees and a sport court and w/ access to walking/biking trails is ideal for the active lakes lifestyle. Charming exterior and one level living. Spacious tiled foyer extends to work station area and mudroom w/ built-ins just off garage. Updated kitchen boasts center island, granite counters, SS app's, and both pendant and recessed lighting. Separate dining area flows nicely to large LR w/ lake views and cozy wood FP. Awesome screened porch with stunning lake views and immediate access to wraparound deck. Remodeled master suite w/ barrel ceiling, huge walk-in closet, and tiled bathroom w/ dual sinks and separate tub and shower. 2nd BR, office, and half BA also on main. Walkout BM w/ landing area, spacious TV/family room, huge BR w/ walk-in closet, a 4th BR, laundry, and storage area. Great location just 5 min to 35W and Faribault, 45 min to airport, and 60 min to DT MPLS!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,746
Year Built
- Built in 1977
Lot Details
- 0.54 Acre Lot
- Lot Dimensions are 100 x 234 x 100 x 236
- 100 Feet of Waterfront
- Lake Front
Parking
- 2 Car Attached Garage
Home Design
- Flex
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Entrance Foyer
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Home Office
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Well
Community Details
- No Home Owners Association
- Witte Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1417126007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 11, 2022
Closed on
Sep 30, 2022
Sold by
Hunt Mark and Hunt Tracy
Bought by
Cotty Frank and Cotty Sarah
Seller's Agent
James Korman
Korman Realty
Buyer's Agent
Cindy Yerington
eXp Realty
List Price
$749,900
Sold Price
$695,000
Premium/Discount to List
-$54,900
-7.32%
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
$75,132
Avg. Annual Appreciation
2.35%
Purchase Details
Listed on
Jun 11, 2022
Closed on
Sep 28, 2022
Sold by
Hunt Mark E and Hunt Tracy M
Bought by
Cotty Frank and Cotty Sarah
Seller's Agent
James Korman
Korman Realty
Buyer's Agent
Cindy Yerington
eXp Realty
List Price
$749,900
Sold Price
$695,000
Premium/Discount to List
-$54,900
-7.32%
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 |
|---|---|---|---|
| Cotty Frank | $695,000 | -- | |
| Cotty Frank | $695,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hunt Tracy M | $417,000 | |
| Previous Owner | Hunt Tracy M | $51,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $695,000 | -2.1% | $195 / Sq Ft |
| 08/01/2022 08/01/22 | Pending | -- | -- | -- |
| 07/18/2022 07/18/22 | Price Changed | $710,000 | -2.1% | $200 / Sq Ft |
| 07/02/2022 07/02/22 | Price Changed | $725,000 | -3.3% | $204 / Sq Ft |
| 06/10/2022 06/10/22 | For Sale | $749,900 | -- | $211 / 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 | $5,246 | $684,100 | $139,300 | $544,800 |
| 2024 | $5,246 | $651,300 | $136,600 | $514,700 |
| 2023 | $4,128 | $651,300 | $136,600 | $514,700 |
| 2022 | $3,832 | $531,800 | $125,900 | $405,900 |
| 2021 | $3,746 | $469,000 | $117,900 | $351,100 |
| 2020 | $3,330 | $456,700 | $117,900 | $338,800 |
| 2019 | $3,206 | $415,300 | $117,900 | $297,400 |
| 2018 | $3,006 | $398,900 | $117,900 | $281,000 |
| 2017 | $3,172 | $366,700 | $117,900 | $248,800 |
| 2016 | $3,152 | $359,900 | $115,100 | $244,800 |
| 2015 | $3,050 | $348,400 | $115,100 | $233,300 |
| 2014 | -- | $350,300 | $115,100 | $235,200 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Cindy Yerington
eXp Realty
(651) 724-2603
111 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6217474
APN: 14.17.1.26.007
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