NOT LISTED FOR SALE

Estimated Value: $1,328,000 - $1,477,000

5 Beds
4.5 Baths
6,308 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $1,530,000 $243 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,978/month

11 Days on Market

Highlights

  • 691,733 Sq Ft lot
  • Deck
  • No HOA
  • Schumann Elementary School Rated A-
  • Loft
  • Home Office

About This Home

As of July 2023

Welcome to country living where you have room to roam, yet are close to the cities. Located on 16 acres of picturesque land, this meticulously maintained house overlooks an expansive wetland where cattails and wildlife thrive and frogs and owls lull you to sleep. Fully renovated inside and out makes it move-in-ready. It features less-than-a-year-old hardwood flooring and carpet, quartzite countertops, oversized kitchen island, banquette seating, Wolf/Sub-Zero appliances, master bathroom, maintenance-free decks and a new roof. The open floor plan makes entertaining guests a piece of cake. The lower level heated/insulated garage, which is assessable from the basement or driveway, is perfect for projects. Your dream to grow vegetables and raise honeybees becomes a reality with an irrigated garden plot and mini-barn. Snowmobile from the house or walk to Lake Independence for an outdoor break. Located in the award-winning Orono school district makes this the perfect home.

Last Listed By

Bryan Boroughs

RE/MAX Advantage Plus Listed on: 05/25/2023

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,546

Year Built

  • Built in 2006

Lot Details

  • 15.88 Acre Lot
  • Lot Dimensions are 665 x 1097 x 665 x 966
  • Chain Link Fence

Parking

  • 6 Car Attached Garage
  • Heated Garage
  • Insulated Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Loft
  • Home Gym

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Drilled Well
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2311824110007

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,546

Year Built

Built in 2006

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Private
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 4574
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • FoundationDimensions: 54 x 42
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan, Microwave, Range, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 6308
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1734
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Informal Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Family Room, Exercise Room, Loft, Office, Four Season Porch, Deck, Patio
  • SqFtTotal: 6753.00

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle
  • Fencing: Chain Link
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Front Porch,Patio

Garage/Parking

  • Parking Features: Attached Garage, Heated Garage, Insulated Garage, Underground
  • Garage Square Feet: 1073
  • ParkingOpen: 4
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Radiant Floor
  • Sewer: Private Sewer, Shared Septic, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane
  • Power Company: Wright-Hennepin Cooperative

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 665 x 1097 x 665 x 966
  • Lot Size Sq Ft: 691732.8
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2311824110007
  • Tax Annual Amount: 12546
  • TaxWithAssessments: 12546.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 7, 2023
Sold by
Barbour Timothy and Barbour Jill
Bought by
Knox Tom and Knox Heidi
Seller's Agent
Bryan Boroughs
RE/MAX Advantage Plus
Buyer's Agent
Tyler Hare
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,530,000
Premium/Discount to List
$30,000
2%
Total Days on Market
11
Views
42
Current Estimated Value
$1,432,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,526
Avg. Annual Appreciation
-3.55%
Original Mortgage
$500,000
Outstanding Balance
$430,352
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,002,122

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 16, 2016
Sold by
Gagne David A
Bought by
Barbour Timothy J and Barbour Jill R
Seller's Agent
Travis Senenfelder
Coldwell Banker Realty
Buyer's Agent
Bryan Boroughs
RE/MAX Advantage Plus
List Price
$799,900
Sold Price
$792,400
Premium/Discount to List
-$7,500
-0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.53%
Original Mortgage
$592,400
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2010
Sold by
Lachermeier Robert J
Bought by
Gagne David A and Gagne Katy O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
1.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
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List Price
Sold Price
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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
Knox Tom $1,526,500 --
Barbour Timothy J $792,400 Burnet Title
Gagne David A $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbour Timothy J $500,000
Previous Owner Barbour Timothy J $700,000
Previous Owner Barbour Timothy J $592,400
Previous Owner Gagne David A $616,000
Previous Owner Lachermeier Joy P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $1,530,000 +2.0% $243 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $1,500,000 +89.3% $238 / Sq Ft
12/16/2016 12/16/16 Sold $792,400 -0.9% $181 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
09/09/2016 09/09/16 For Sale $799,900 -- $183 / 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 $12,438 $1,030,600 $228,800 $801,800
2022 $11,566 $1,015,000 $250,000 $765,000
2021 $11,589 $835,000 $210,000 $625,000
2020 $10,899 $831,000 $209,000 $622,000
2019 $10,836 $763,000 $160,000 $603,000
2018 $11,449 $748,000 $160,000 $588,000
2017 $11,426 $770,000 $155,000 $615,000
2016 $10,575 $723,000 $181,000 $542,000
2015 $10,480 $723,000 $181,000 $542,000
2014 -- $704,000 $161,000 $543,000
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6373985

NorthstarMLS

APN: 23-118-24-11-0007