NOT LISTED FOR SALE

7220 Elmo Ct Lino Lakes, MN 55038

Estimated Value: $331,097 - $348,000

3 Beds
2.5 Baths
1,800 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $327,500 $182 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,285/month

117 Days on Market

Highlights

  • New Construction
  • Loft
  • Forced Air Heating and Cooling System
  • Clubhouse
  • Sitting Room
  • Humidifier

About This Home

As of March 2023

Exceed your expectations of town home living with the Franklin! The ideal home, lifestyle and location you have been searching for. The Franklin end home has an abundance of natural light along with 3 spacious bedrooms, 3 baths, essential upper level laundry, inviting loft space, owners retreat, 2 car garage, relaxing great room, beautiful kitchen, private porch and much more. The Watermark Community has recreation and leisure at your fingertips with scenic nature areas, expansive parks, clubhouse, large central lake, nature filled ponds, picnic areas, play grounds, basketball and pickle ball courts, all interconnected by miles of picturesque walking paths to go along with ideal access to the Twin Cities and nearby park and ride. Our Everything’s included, connected and WIFI guaranteed homes features provide the most modern and efficient homes at an unmatched value.

Last Agent to Sell the Property

Richard Houde

M/I Homes Listed on: 10/22/2022

Co-Listed By

Jason Loger

Lennar Sales Corp

Last Buyer's Agent

John Lockner

RE/MAX Results

RE/MAX Results

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 2,526 Sq Ft Lot
  • Lot Dimensions are 45x47
  • Vinyl Fence

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Wood Siding
  • Shake Siding
  • Vinyl Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Sitting Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • 100 Amp Service
  • Water Softener is Owned

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, professional mgmt, trash, lawn care, snow removal
  • Associa Association, Phone Number (763) 225-6469
  • Built by LENNAR
  • Watermark Community
  • Watermark Subdivision

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Year Built

Built in 2022 | New Construction

Lot Details

2,526 Sq Ft Lot

HOA Fees

$221 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Quad/4 Corners
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 1800
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1800
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Sitting Room
  • Shared Rooms: Club House

Beds/Baths

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

Exterior Features

  • Roof: Asphalt, Pitched
  • Fencing: Vinyl

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Professional Mgmt, Trash, Lawn Care, Snow Removal
  • Phone: 763-225-6469
  • Association Fee: 221
  • Association: Yes
  • Amenities Unit: Kitchen Center Island,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler
  • Community Name: Watermark

Association/Amenities

  • HOA Management Co: Associa
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: White Bear Lake
  • SchoolDistrictPhone: 651-407-7500

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 45x47
  • Lot Size Sq Ft: 2526.48
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Builder License: 1413
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding, Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: TBD
  • TaxWithAssessments: 0.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2022
Closed on
Mar 31, 2023
Sold by
Us Home Llc
Bought by
Ovaldson Elaine
Seller's Agent
Richard Houde
M/I Homes
Buyer's Agent
John Lockner
RE/MAX Results
List Price
$356,390
Sold Price
$327,500
Premium/Discount to List
-$28,890
-8.11%
Current Estimated Value
$342,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,774
Avg. Annual Appreciation
1.54%
Original Mortgage
$301,300
Outstanding Balance
$292,488
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$49,786
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 Buyer Sale Price Title Company
Ovaldson Elaine $327,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ovaldson Elaine $301,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $327,500 -0.8% $182 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
12/30/2022 12/30/22 Price Changed $329,990 -2.1% $183 / Sq Ft
12/04/2022 12/04/22 Price Changed $336,990 -5.4% $187 / Sq Ft
10/22/2022 10/22/22 For Sale $356,390 -- $198 / 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
2025 $3,608 $297,400 $57,300 $240,100
2024 $3,608 $294,800 $53,500 $241,300
2023 $1,263 $293,700 $60,500 $233,200
2022 $760 $91,300 $55,000 $36,300
2021 $227 $35,500 $35,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6274293

NorthstarMLS

APN: 13-31-22-34-0179

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