NOT LISTED FOR SALE

7223 Merrimac Ln N Osseo, MN 55311

Estimated Value: $780,000 - $831,000

6 Beds
4.5 Baths
5,322 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 14, 2013

Last sale price $465,000 $87 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,082/month

32 Days on Market

Highlights

  • Docks
  • Deck
  • Wood Flooring
  • Basswood Elementary School Rated A-
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of February 2013

Scenic pond~dock~paddle boat included. Cul-de-sac. 38x16 deck w/pergola. Main flr bedrm w/full bath perfect for extended family/toy rm/office. Loft. Rec rm offers wetbar & dramatic corner fireplace. Walk-out. Move-in READY.

Last Agent to Sell the Property

Carrie Schmitz

Keller Williams Classic Rlty NW Listed on: 11/29/2012

Last Buyer's Agent

Carrie Schmitz

Keller Williams Classic Rlty NW Listed on: 11/29/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,747

Year Built

  • 2004

Lot Details

  • 0.47 Acre Lot
  • Cul-De-Sac
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 3011922410027

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,747

Year Built

2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck, Dock, Inground Sprinkler System, Patio
  • Estimated Number of Acres: 0.47
  • Construction: Previously Owned
  • Foundation Size: 1720
  • Mechanicals: Furnace Humidifier, Water Softener-Owned
  • Parcel Number: 3011922410027
  • Projected Closed Date: 02/14/2013
  • Stories: 2 Story
  • Taxes With Assessments: 7235
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Dining Room: Eat-In Kitchen, Formal Dining Room, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Gas
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 6
  • Bathroom Description: 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 5
  • Room 1: Living Room, 18x16, On Level: Main
  • Room 2: Dining Room, 18x12, On Level: Main
  • Room 3: Family Room, 16x21, On Level: Main
  • Room 4: Kitchen, 9x18, On Level: Main
  • Room 5: Bedroom, 22x18, On Level: Upper
  • Room 6: Bedroom, 14x13, On Level: Upper
  • Room 7: 15x13, On Level: Upper
  • Room 8: Bedroom, 16x14, On Level: Upper
  • Room 9: Other, 11x10, On Level: Lower
  • Room 10: Bedroom, 15x11, On Level: Lower
  • Room 11: Loft, 22x21, On Level: Upper
  • Room 12: Bedroom, 15x12, On Level: Main
  • Room 13: Rec Room, 17x26, On Level: Lower
  • Room 14: Rec Room, 19x17, On Level: Lower
  • Basement Features: Drainage System, Finished, Sump Pump, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3808
  • Below Grade Finished Sq Ft: 1514
  • Total Fin Square Footage: 5322

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Metal
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air

Schools

  • School District: Osseo #279

Lot Info

  • Estimated Lot Dimensions: N85x180x12
  • Lot/Land Description: Cul De Sac

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Kulkami Jaydeep and Kulkami She
Bought by
Borschke Scott
Current Estimated Value
$800,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$591,208
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$209,360

Purchase Details

Listed on
Nov 29, 2012
Closed on
Feb 14, 2013
Sold by
Giaimo Christopher J and Giaimo Lisa M
Bought by
Kulkarni Jaydeep and Kulkarni She
Seller's Agent
Carrie Schmitz
Keller Williams Classic Rlty NW
Buyer's Agent
Carrie Schmitz
Keller Williams Classic Rlty NW
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$417,000
Interest Rate
3.38%
Mortgage Type
New Conventional
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
Borschke Scott $675,000 Ancona Title & Escrow
Kulkarni Jaydeep -- Signature Title Midwest Serv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borschke Scott $119,162
Open Borschke Scott $641,250
Previous Owner Kulkarni Jaydeep $356,000
Previous Owner Kulkami Jaydeep $106,000
Previous Owner Kulkarni Jaydeep $417,000
Previous Owner Gmac Mortgage Llc $245,800
Previous Owner Giaimo Lisa M $31,000
Previous Owner Giaimo Christopher J $152,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2013 02/14/13 Sold $465,000 -11.4% $87 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
11/29/2012 11/29/12 For Sale $525,000 -- $99 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $8,747 $705,500 $138,800 $566,700
2022 $6,793 $715,700 $134,100 $581,600
2021 $6,446 $549,500 $88,700 $460,800
2020 $7,470 $518,500 $86,600 $431,900
2019 $7,936 $562,200 $90,000 $472,200
2018 $7,501 $563,500 $109,000 $454,500
2017 $7,581 $514,600 $97,000 $417,600
2016 $7,611 $510,200 $92,000 $418,200
2015 $7,831 $510,600 $107,000 $403,600
2014 -- $469,500 $98,000 $371,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4421031

REALTOR® Association of Southern Minnesota

APN: 30-119-22-41-0027