NOT LISTED FOR SALE

Estimated Value: $2,910,566 - $3,541,000

7 Beds
8 Baths
6,967 Sq Ft
$470/Sq Ft Est. Value

Last Sold July 30, 2024

Last sale price $3,400,000 $488 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $20,006/month

236 Days on Market

Highlights

  • Guest House
  • Home Theater
  • Multiple Garages
  • Schumann Elementary School Rated A-
  • Heated In Ground Pool
  • RV Access or Parking

About This Home

As of July 2024

Opportunity to own one of the premier estates in the Orono school district. The property is completely surrounded by mature trees creating a level of privacy rarely available on a property of this size.

The residence was built by L.Cramer with the highest quality materials and perfectly situated to overlook the stunning property while enjoying the nightly sunsets. Includes 5 bedrooms, 6 bathrooms, main floor master, 11' deep pool, newer finished lower level and 4 season porch and geo-thermal heating.

The quality continues in the over 20,000 square foot Ebert Construction outbuilding, including indoor riding arena (80x180), 5 horse stalls, 2 bathrooms and a full 2 bedroom apartment.

The current horse amenities includes 7 acres of fenced pasture including water & electric, 2 paddocks with sheds, riding ring, onsite hay and direct access to miles of trails.

A must see property to fully appreciate!

Last Listed By

Matthew Johnson

Compass Listed on: 09/23/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,067

Year Built

  • Built in 2001

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1301x1302x32x1302x1333
  • Vinyl Fence
  • Wood Fence
  • Irregular Lot
  • Unpaved Streets

Parking

  • 8 Car Attached Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Flex
  • Metal Roof
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Sitting Room
  • Dining Room
  • Home Theater
  • Home Office
  • Storage Room
  • Home Gym

Kitchen

  • Walk-In Pantry
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Stainless Steel Appliances
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Geothermal Heating and Cooling
  • Radiant Heating System
  • Well

Additional Features

  • Air Exchanger
  • Heated In Ground Pool
  • Guest House
  • Tillable Land
  • Zoned For Horses

Listing and Financial Details

  • Assessor Parcel Number 2811824310002

Community Details

Overview

  • No Home Owners Association
  • Independence Ridge Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,067

Year Built

Built in 2001

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 8
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 5029
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Storage Space, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Humidifier, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 6967
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1938
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Office, Bedroom 2, Bedroom 3, Primary Bathroom, Bathroom, Media Room, Flex Room, Sun Room, Pantry (Walk-In), Mud Room, Laundry, Bar/Wet Bar Room, Billiard, Bedroom 4, Bedroom 5, Storage, Exercise Room, Bedroom 6, Guest Room, Kitchen- 2nd, Informal Dining Room, Sitting Room
  • SqFtTotal: 7738.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Architecural Shingle, Asphalt, Metal
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Vinyl, Wood
  • Other Structures: Barn(s), Bunk House, Chicken Coop/Barn, Guest House, Indoor Arena, Other, Outdoor Arena, Pole Building, Second Residence, Workshop, Stable(s), Tack Room
  • ConstructionMaterialsDesc: Brick,Concrete,Stone
  • PatioPorchType: Front Porch,Patio,Rear Porch
  • Farm Type: Hobby,Horse,Wooded/Hunting

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking
  • Garage Square Feet: 1261

Utilities

  • Heating: Forced Air, Fireplace(s), Geothermal, Radiant Floor, Radiant
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Other,Propane
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Panoramic View,Security System,In-Ground Sprinkler,Sun Room,Tile Floors,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Orono
  • SchoolDistrictNumber: 278
  • SchoolDistrictPhone: 952-449-8305

Lot Info

  • Topography: Gently Rolling,Level,Pasture
  • PropertyAttachedYN: No
  • Lot Size: 1301x1302x32x1302x1333
  • Lot Size Sq Ft: 1742400
  • Land Lease: No
  • Lot Features: Irregular Lot, Suitable for Horses, Tillable, Tree Coverage - Medium
  • PastureArea: 7
  • Wooded Area: 14
  • Cultivated Acreage: 15
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • Crop Type: Hay/Alfalfa

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 2811824310002
  • Tax Annual Amount: 20067
  • TaxWithAssessments: 20067.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2023
Closed on
Jul 30, 2024
Sold by
Mathias Michael and Mathias Kay
Bought by
Van De Ven Farm Llc
Seller's Agent
Matthew Johnson
Compass
Buyer's Agent
Patty Napier
Coldwell Banker Realty
List Price
$3,699,000
Sold Price
$3,400,000
Premium/Discount to List
-$299,000
-8.08%
Total Days on Market
236
Views
247
Current Estimated Value
$3,272,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,811
Avg. Annual Appreciation
-4.98%

Purchase Details

Listed on
Sep 23, 2023
Closed on
Jul 26, 2024
Sold by
Mathias Michael J and Mathias Kay J
Bought by
Van De Ven Farm Llc
Seller's Agent
Matthew Johnson
Compass
Buyer's Agent
Patty Napier
Coldwell Banker Realty
List Price
$3,699,000
Sold Price
$3,400,000
Premium/Discount to List
-$299,000
-8.08%
Views
247

Purchase Details

Listed on
Sep 6, 2013
Closed on
Sep 9, 2014
Sold by
Heyvaert Douglas Douglas
Bought by
Mathias Michael Michael
Seller's Agent
Robert Hare & Tyler Hare
Coldwell Banker Realty
List Price
$2,450,000
Sold Price
$2,200,000
Premium/Discount to List
-$250,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$2,200,000
Interest Rate
4.1%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Kirt Gary V
Bought by
Heyvaert Douglas B and Heyvaert Susan D

Range of Values:

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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
Van De Ven Farm Llc $3,400,000 --
Van De Ven Farm Llc $3,400,000 Watermark Title
Mathias Michael Michael $2,200,000 --
Heyvaert Douglas B $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathias Michael J $499,000
Previous Owner Mathias Michael J $548,250
Previous Owner Mathias Michael J $1,189,800
Previous Owner Mathias Michael J $1,185,800
Previous Owner Mathias Michael J $200,000
Previous Owner Mathias Michael Michael $2,200,000
Previous Owner Heyvaert Douglas B $770,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2024 07/30/24 Sold $3,400,000 -8.1% $488 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $3,699,000 +8.8% $531 / Sq Ft
02/24/2024 02/24/24 Off Market $3,400,000 -- --
02/16/2024 02/16/24 For Sale $3,699,000 +8.8% $531 / Sq Ft
12/01/2023 12/01/23 Off Market $3,400,000 -- --
10/07/2023 10/07/23 For Sale $3,699,000 +68.1% $531 / Sq Ft
09/09/2014 09/09/14 Sold $2,200,000 -10.2% $498 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
09/06/2013 09/06/13 For Sale $2,450,000 -- $555 / 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 $21,339 $2,823,300 $791,900 $2,031,400
2022 $15,974 $1,116,000 $111,000 $1,005,000
2021 $15,625 $948,000 $132,000 $816,000
2020 $14,994 $1,711,000 $284,800 $1,426,200
2019 $14,801 $920,700 $112,000 $808,700
2018 $12,222 $865,000 $112,000 $753,000
2017 $13,063 $1,260,600 $285,600 $975,000
2016 $12,240 $1,239,800 $328,800 $911,000
2015 $12,095 $1,236,700 $325,700 $911,000
2014 -- $1,066,100 $285,100 $781,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6436149

NorthstarMLS

APN: 28-118-24-31-0002