NOT LISTED FOR SALE

7446 Elm Ln Corcoran, MN 55340

Estimated Value: $701,000 - $1,013,000

3 Beds
3 Baths
2,862 Sq Ft
$306/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $893,760 $312 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,194/month

Highlights

  • New Construction
  • Stainless Steel Appliances
  • 2 Car Attached Garage
  • Deck
  • Porch
  • 1-Story Property

About This Home

As of March 2024

Welcome to the Inverness in our Villa Collection of Robert Thomas Homes! Cook Lake Highlands is a 27 acre community on the shores of beautiful Cook Lake and views of Rush Creek Golf Course. This Inverness home features gourmet kitchen with stainless steel appliances, main level owners suite, main level laundry room, finished lower level with family room and fireplace, sunroom, front porch, low maintenance deck, and much more. *Prices, square footage, and availability are subject to change without notice. Photos, virtual/video tours, and/or illustrations may not depict actual home plan configuration. Features, materials, and finishes shown may contain options that are not included in the price. * Ask how you can receive up to $15,000 towards financing with our preferred lenders.

Last Listed By

Phetsamone Ekholm

Robert Thomas Homes, Inc. Listed on: 07/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $427

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 0.27 Acre Lot

HOA Fees

  • $244 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • Association fees include lawn care, professional mgmt, trash, snow removal
  • First Service Residential Association, Phone Number (952) 277-2700
  • Built by ROBERT THOMAS HOMES INC
  • Cook Lake Highlands Community
  • Cook Lake Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2511923140040

Home Details

Home Type

Single Family

Est. Annual Taxes

$427

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$244 per month

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: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1619
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Concrete, Walkout
  • Appliances: Dishwasher, Disposal, Microwave, Range, Stainless Steel Appliances
  • Fireplace Features: Gas, Living Room
  • Living Area: 2862
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1243
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Mud Room, Laundry, Deck, Porch, Sun Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • PatioPorchType: Composite Decking,Deck,Porch

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 573

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Professional Mgmt, Trash, Snow Removal
  • Phone: 952-277-2700
  • Association Fee: 244
  • Association: Yes
  • Amenities Unit: Deck,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,In-Ground Sprinkler
  • Community Name: Cook Lake Highlands

Association/Amenities

  • HOA Management Co: First Service Residential
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

  • Junior High Dist: Rockford
  • SchoolDistrictNumber: 883
  • SchoolDistrictPhone: 763-477-9165

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: x
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 644819
  • Yearly/Seasonal: Yearly

Green Features

  • Green Certified Status: Pending

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2511923140040
  • Tax Annual Amount: 427
  • TaxWithAssessments: 427.0000

Multi Family

  • Total Units Sold: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2023
Closed on
Mar 8, 2024
Sold by
Robert Thomas Homes Inc
Bought by
Jacobsen Jeffrey Paul and Jacobsen Sheryl Ann
Seller's Agent
Phetsamone Ekholm
Robert Thomas Homes, Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$825,380
Sold Price
$893,760
Premium/Discount to List
$68,380
8.28%
Total Days on Market
0
Views
7
Current Estimated Value
$874,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,068
Avg. Annual Appreciation
-1.86%
Original Mortgage
$715,028
Outstanding Balance
$707,901
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$166,791

Purchase Details

Closed on
Oct 17, 2023
Sold by
Jb Limited Llc
Bought by
Robert Thomas Homes Inc

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
Jacobsen Jeffrey Paul $893,758 Esquire Title Service
Robert Thomas Homes Inc $150,000 Chb Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobsen Jeffrey Paul $715,028
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $893,760 +8.3% $312 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $825,380 -- $288 / 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
2023 $1,210 $79,000 $79,000 $0
2022 $427 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6409815

NorthstarMLS

APN: 25-119-23-14-0040