NOT LISTED FOR SALE

7200 40th St SW Byron, MN 55920

Estimated Value: $1,527,000 - $1,951,535

5 Beds
4.5 Baths
5,951 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $2,050,000 $344 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $10,587/month

99 Days on Market

Highlights

  • Multiple Garages
  • Living Room with Fireplace
  • Loft
  • Byron Intermediate School Rated A-
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of August 2023

Timeless appeal & thoughtful design await you in this modern farmhouse on 15 beautiful wooded acres. Collaborated by a local builder & sought-after Minneapolis designer, this nearly 6k finished sq ft of comfortable
living & intentional design features. Main floor features vaulted ceilings & exposed beams. Showstopper kitchen has upgraded appliances, an oversized island, walk-in pantry & coffee bar. The owners suite has
seating for sunrises & coffee, a private ensuite w/ soaking tub, custom tiled shower, dbl vanity & ample walkin closet. The cozy sunroom has endless windows & a wood fireplace for movie nights & snowfalls. Upstairs
loft perfect for playroom or study nook, 2 beds w/ jack & jill bath, another private ensuite & 2nd laundry. Walkout LL w/ inviting family/rec room & wet bar, bath w/ steam shower, home gym & spacious 5th bed. No
expense spared w/ geothermal system, 3-zone HVAC & new septic. 5 car stalls plus a 50'x80' shed w/ in-floor heat, 12' overhead door & attached shop.

Last Agent to Sell the Property

Denel Ihde Sparks

Re/Max Results Listed on: 03/27/2023

Re/Max Results

Last Buyer's Agent

Denel Ihde Sparks

Re/Max Results Listed on: 03/27/2023

Re/Max Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,088

Year Built

  • Built in 1985

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 496x1284

Parking

  • 5 Car Attached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Heated Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Loft
  • Home Gym

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Propane
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 652611044134

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,088

Year Built

Built in 1985

Lot Details

0

Parking

5

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Geothermal
  • Garage Spaces: 5
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 4174
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned, Water Softener Rented
  • Fireplace Features: Decorative, Gas, Living Room, Wood Burning
  • Living Area: 5951
  • Below Grade Finished Sq Ft: 1777
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Mud Room, Sun Room, Loft, Bar/Wet Bar Room, Exercise Room
  • SqFtTotal: 5951.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Metal
  • Other Structures: Additional Garage, Storage Shed
  • PatioPorchType: Deck,Front Porch,Patio,Wrap Around

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Heated Garage, Multiple Garages, Storage
  • Garage Square Feet: 1640
  • ParkingOpen: 10

Utilities

  • Heating: Geothermal, Radiant Floor
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service, Other
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Porch,Security System,Tile Floors,Vaulted Ceiling(s),Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Byron
  • SchoolDistrictNumber: 531
  • SchoolDistrictPhone: 507-775-2383

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 496x1284
  • Lot Size Sq Ft: 653400
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Wooded Area: 10
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement, Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 652611044134
  • Tax Annual Amount: 14088
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Aug 25, 2023
Sold by
Rachel M Kadlec Revocable Trust
Bought by
Little Bugs Trust and Keeney
Seller's Agent
Denel Ihde Sparks
Re/Max Results
Buyer's Agent
Denel Ihde Sparks
Re/Max Results
List Price
$2,200,000
Sold Price
$2,050,000
Premium/Discount to List
-$150,000
-6.82%
Views
210
Current Estimated Value
$1,707,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$342,822
Avg. Annual Appreciation
-8.20%
Original Mortgage
$1,550,000
Outstanding Balance
$1,506,197
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$200,981

Purchase Details

Closed on
Nov 6, 2018
Sold by
Kadlec Tyler and Kadlec Rachel
Bought by
Kadlec Rachel M and The Rachel M Kadlec Revocable

Purchase Details

Closed on
Sep 2, 2016
Sold by
Evans James D and Evans Roxanne Sue
Bought by
Kadlee Tyler and Kadlee Rachel
Source: Public Records

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
Little Bugs Trust $2,050,000 Rochester Title
Kadlec Rachel M -- None Available
Kadlee Tyler $675,000 Rochester Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Little Bugs Trust $1,550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2023 08/25/23 Sold $2,050,000 -2.4% $344 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
04/25/2023 04/25/23 Price Changed $2,100,000 -4.5% $353 / Sq Ft
03/27/2023 03/27/23 For Sale $2,200,000 -- $370 / 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
2024 $18,416 $1,436,200 $140,000 $1,296,200
2023 $16,104 $1,295,900 $140,000 $1,155,900
2022 $13,926 $1,071,000 $140,000 $931,000
2021 $14,088 $958,300 $140,000 $818,300
2020 $12,618 $934,800 $140,000 $794,800
2019 $12,458 $927,700 $140,000 $787,700
2018 $5,266 $905,600 $120,000 $785,600
2017 $5,266 $463,600 $100,000 $363,600
2016 $5,068 $422,300 $100,000 $322,300
2015 $4,194 $402,200 $99,800 $302,400
2014 $3,986 $339,000 $93,300 $245,700
2012 -- $349,800 $93,582 $256,218
Source: Public Records

Agents Affiliated with this Home

  • Denel Ihde Sparks

    Seller's Agent in 2023

    Denel Ihde Sparks

    RE/MAX

    (507) 398-5716

    503 Total Sales

    Denel Ihde Sparks
    Section Image
  • Michelle Kalina

    Buyer Co-Listing Agent in 2023

    Michelle Kalina

    Lakes Sotheby's International Realty

    (507) 269-6439

    79 Total Sales

    Michelle Kalina
    Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6345601

NorthstarMLS

APN: 65.26.11.044134

Minnesota Olmsted County Byron 55920

7200 40th St SW, Byron, MN

This home is located at 7200 40th St SW, Byron, MN 55920 since 27 March 2023 and is currently estimated at $1,707,178, approximately $286 per square foot. This property was built in 1985. 7200 40th St SW is a home located in Olmsted County with nearby schools including Byron Intermediate School, Byron Middle School, and Byron Senior High School.

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