$550,000
SOLD MAR 2, 2026

7140 340th St Stacy, MN 55079

3 Beds
2 Baths
1,790 Sq Ft
5 Acres Lot

Sale Details

Date Sold: March 2, 2026

$307 Per Sq Ft

12 Days on Market

Highlights

  • Multiple Garages
  • Main Floor Primary Bedroom
  • No HOA
  • Deck
  • Corner Lot
  • Wrap Around Porch

About This Home

As of March 2026

Welcome to your dream retreat where modern luxury meets country living on a Stunning and completely refinished 3 Bed, 2 Bath Home on 5 Private Acres. This meticulously maintained and completely refinished home offers high-end details throughout, blending timeless craftsmanship with contemporary upgrades. Step inside to discover an open, inviting layout featuring new flooring and stainless steel appliances and Cambria countertops in the kitchen. Perfect for everyday meals or entertaining family and friends. Custom solid Alder wood doors add warmth and sophistication to every room, showcasing the exceptional attention to detail in this turnkey residence.
The expansive brand new 800 sq ft wraparound composite deck is ideal for outdoor relaxation, morning coffee, or hosting gatherings while enjoying serene views of your private acreage. With electronic security gates providing added peace of mind, this fully fenced property offers privacy and space for hobbies, pets, animals, or simply unwinding in nature. Off the side of the home is a massive insulated and heated 48x30 pole building provides endless possibilities—workshop, storage, hobby space, or even additional vehicles and equipment. The well maintained garden will thrive with the built in irrigation system, making it easy to grow your own produce or enjoy beautiful landscaping year-round.
Recent updates include new gutters in 2024 and new snow guards on the durable steel roof, ensuring low-maintenance living through Minnesota's seasons. Whether you're seeking a peaceful homestead just minutes from Chisago Lakes local amenities, Sunrise Prairie Bike Trail, parks, or easy access to the Twin Cities metro area, this exceptional property delivers it all.

Last Agent to Sell the Property

Colin Strom

Edina Realty, Inc. Listed on: 01/13/2026

Edina Realty, Inc.

Last Buyer's Agent

Betsy Rewald

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 329x660x329x660
  • Cross Fenced
  • Property is Fully Fenced
  • Corner Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Secure Parking

Home Design

  • Bi-Level Home
  • Brick Exterior Construction
  • Frame Construction
  • Pitched Roof
  • Metal Roof
  • Block Exterior

Interior Spaces

  • Brick Fireplace
  • Fireplace Features Masonry
  • Family Room with Fireplace
  • Dining Room
  • Open Floorplan
  • Lower Floor Utility Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement
  • Crawl Space
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deck
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Underground Utilities
  • 150 Amp Service
  • 100 Amp Service
  • Private Water Source
  • Well
  • Tankless Water Heater

Additional Features

  • Air Exchanger
  • Sod Farm

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 050012820

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,140

Year Built

Built in 1997

Lot Details

5 Acres

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: Private, Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 960
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Concrete, Storage Space, Sump Basket
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Freezer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer
  • Fireplace Features: Brick, Family Room, Full Masonry
  • Living Area: 1790
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 830
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Metal, Pitched
  • PoolFeatures: None
  • Fencing: Cross Fenced, Full
  • Other Structures: Garage(s), Chicken Coop/Barn, Pole Building, Workshop
  • PatioPorchType: Composite Decking, Covered, Deck, Front Porch, Wrap Around
  • Soil Type: Sand

Garage/Parking

  • Parking Features: Attached Garage, Detached Garage, Gravel, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, Secured, Storage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer, Tank with Drainage Field
  • LaundryFeatures: In Basement, Electric Dryer Hookup, Lower Level, Laundry Room, Sink, Washer Hookup
  • Electric: Circuit Breakers, 100 Amp Service, 150 Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable, Ceiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Security System, Security Lights, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • Junior High Dist: North Branch
  • SchoolDistrictPhone: 6516741000

Lot Info

  • Topography: Level,Wooded
  • PropertyAttachedYN: No
  • Lot Size: 329x660x329x660
  • Land Lease: No
  • Lot Features: Corner Lot, Sod Included in Price, Tree Coverage - Heavy, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Brick, Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 050012820
  • Tax Annual Amount: 4140
  • TaxWithAssessments: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2026
Closed on
Feb 23, 2026
Sold by
Davis and Davis Rebekah
Bought by
Odmark Erik
Seller's Agent
Colin Strom
Edina Realty, Inc.
Buyer's Agent
Betsy Rewald
Coldwell Banker Realty
List Price
$550,000
Sold Price
$550,000
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.74%
Original Mortgage
$345,000
Outstanding Balance
$344,662
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$204,640

Purchase Details

Closed on
May 30, 2003
Sold by
Olson Robert N and Olson Shannon J
Bought by
Nelson Jeffrey J and Nelson Kim D

Purchase Details

Closed on
Oct 20, 1997
Sold by
Rnt Construction Inc
Bought by
Olson Robert N and Olson Shannon L
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Watermark Title
Warranty Deed $243,900 --
Warranty Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2026 03/02/26 Sold $550,000 0.0% $307 / Sq Ft
01/29/2026 01/29/26 Pending -- -- --
01/16/2026 01/16/26 For Sale $550,000 -- $307 / Sq Ft
Source: NorthstarMLS

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 $4,574 $380,300 $0 $0
2023 $4,190 $396,000 $0 $0
2022 $3,990 $378,300 $0 $0
2021 $3,818 $305,100 $0 $0
2020 $3,580 $300,400 $77,000 $223,400
2019 $3,356 $0 $0 $0
2018 $3,164 $0 $0 $0
2017 $2,898 $0 $0 $0
2016 $2,684 $0 $0 $0
2015 $2,586 $0 $0 $0
2014 -- $175,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7006394

NorthstarMLS

APN: 05-00128-20

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