NOT LISTED FOR SALE

7040 Cedar Rd Virginia, MN 55792

Estimated Value: $486,000 - $510,171

5 Beds
3 Baths
3,520 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $470,000 $134 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,916/month

70 Days on Market

Highlights

  • 120 Acre Lot
  • Deck
  • Enclosed Patio or Porch
  • Rock Ridge High School Rated 10
  • 3 Car Detached Garage
  • Water Softener

About This Home

As of March 2022

You will never see another home like this in the Northland, 120 acres on a private dead end road directly North of Virginia. 5 bedrooms, 3 bath, vaulted ceilings all hand made cabinets & marble countertops. Baths are all ceramic and master has a large whirlpool tub. The master suite has huge windows overlooking the huge hand dug pond (with fish). Also, huge workout room, hand built closets and office area. Large formal dining room and eat in kitchen. Lower level had a very large family room, 2 extra bedrooms (lack egress) and a great ceramic bath. One of a kind property!

Last Agent to Sell the Property

Joan Cotton

Mirabella Realty License #20025336 Listed on: 06/16/2021

Last Buyer's Agent

Joan Cotton

Mirabella Realty License #20025336 Listed on: 06/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 1985

Lot Details

  • 120 Acre Lot

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,520 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 580-0010-00280-0025-0275

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Lower Level Bathrooms: 1
  • Lower Level Bedrooms: 2
  • Lvt Date: 06/16/2021
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 5
  • Parcel Code Number: 580-0010-00280-0025-0275
  • Patioporch: Deck, Patio, Enclosed, Screened
  • Percent Of Bsmnt Finished: 100
  • Real Estate Tax: 3412
  • Style: 2 Story
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 3520
  • Bedroom 1: Size: 10x13, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Dishwasher, Electric Range, Garage Opener, Garbage Disposal, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Full
  • Bedroom 2: Size: 10x13, On Level: Main
  • Bedroom 3: Size: 20x45, On Level: Upper
  • Dining Room: Size: 11x16, On Level: Main
  • Kitchen: Size: 11x20.7, On Level: Main
  • Living Room: Size: 11x20, On Level: Main
  • Main Level Bedrooms: 2
  • Other Room 2: BEDROOM, Size: 12X12, On Level: Lower
  • Other Room 3: BEDROOM, Size: 10X11, On Level: Lower
  • Rec Room: Size: 30x40, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 24X80

Utilities

  • Cooling: Window Unit
  • Utilities: Septic, Well
  • Water Heater: Gas

Lot Info

  • Lot Size: Dimensions: 1320x2640
  • Number Of Acres: 120
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Mar 14, 2022
Sold by
Christie Christine
Bought by
Klimek Jay and Skinner Jaime
Seller's Agent
Joan Cotton
Mirabella Realty
Buyer's Agent
Joan Cotton
Mirabella Realty
List Price
$505,000
Sold Price
$470,000
Premium/Discount to List
-$35,000
-6.93%
Current Estimated Value
$498,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,086
Avg. Annual Appreciation
1.55%
Original Mortgage
$467,000
Outstanding Balance
$434,761
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$63,325

Purchase Details

Closed on
Feb 14, 2020
Sold by
Brown Eric Eric
Bought by
Borgenheimer Christine Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,569
Interest Rate
3.47%

Purchase Details

Closed on
Dec 4, 2014
Sold by
Beise Ronald L and Beise Kathleen
Bought by
Brown Eric R and Dietlein Brown Pamela S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Klimek Jay $470,000 --
Klimek Jay $470,000 --
Borgenheimer Christine Christine $420,000 --
Borgenheimer Christine Christine $420,000 --
Brown Eric R $350,000 Northeast Title Company
Brown Eric R $350,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klimek Jay $467,000
Previous Owner Borgenheimer Christine Christine $331,569
Previous Owner Borgenheimer Christine Christine --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2022 03/16/22 Sold $470,000 -6.9% $134 / Sq Ft
10/13/2021 10/13/21 For Sale $505,000 0.0% $143 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
07/22/2021 07/22/21 Price Changed $505,000 -4.5% $143 / Sq Ft
06/16/2021 06/16/21 For Sale $529,000 -- $150 / Sq Ft
Source: Range Association of REALTORS®

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
2024 $3,680 $424,100 $70,100 $354,000
2023 $3,680 $404,500 $67,000 $337,500
2022 $2,042 $402,600 $60,800 $341,800
2021 $3,412 $380,400 $57,800 $322,600
2020 $3,762 $331,100 $52,400 $278,700
2019 $3,328 $302,100 $52,400 $249,700
2018 $3,408 $302,100 $52,400 $249,700
2017 $3,402 $302,000 $52,300 $249,700
2016 $3,008 $302,000 $52,300 $249,700
2015 $1,716 $178,100 $49,300 $128,800
2014 $1,716 $178,500 $49,700 $128,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 141641

Range Association of REALTORS®

APN: 580001000280