NOT LISTED FOR SALE

78 167th Ln NE Andover, MN 55304

Estimated Value: $858,000 - $1,216,299

5 Beds
4 Baths
5,554 Sq Ft
$189/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $1,150,000 $207 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $6,492/month

18 Days on Market

Highlights

  • 2,696,364 Sq Ft lot
  • Recreation Room
  • No HOA
  • Rum River Elementary School Rated A-
  • 3 Fireplaces
  • Billiard Room

About This Home

As of August 2023

Distinctive and unassuming 61+ acre estate awaits you all within the city of Andover! The privacy and wildlife are abundant. This home has been pristinely kept. When you enter you will be greeted with a gorgeous fountain pond, & stunning architecture. Additional amenities will include; soaring ceilings, a primary ensuite, with double sinks, walk-in closet & heated floors. The kitchen is an entertainers dream! It has a massive center island, with granite/quartz countertops , prep sink, high end appliances w/ double oven, herringbone hardwood floors, and formal dining. The sunroom will lead you out to your new deck (2021) overlooking this stunning property. There is an oversized garage, and a concrete pad ready for your new 10x16 timber outbuilding (timber included in sale)! There is a Sono’s sound system, security system, Anderson Windows, water filtration system, and air exchange! This land is a hunters paradise! Andover is also home of one of the top high schools in the area!

Last Agent to Sell the Property

April Manchik

Lakes Sotheby's International Listed on: 06/27/2023

Lakes Sotheby's International

Last Buyer's Agent

Marilee Moerke-Green

Keller Williams Classic Realty

Keller Williams Classic Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,734

Year Built

  • Built in 1994

Lot Details

  • 61.9

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Washer and Dryer Hookup
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Geothermal Heating and Cooling
  • 200+ Amp Service
  • Iron Water Filter
  • Water Filtration System
  • Private Water Source
  • Well
  • Septic System

Additional Features

  • Air Exchanger
  • 61.9 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 123224440003

Community Details

Overview

  • No Home Owners Association
  • Rolling Forest Subdivision

Amenities

  • Billiard Room

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,734

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Geothermal
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Private, Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 2777
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Satellite
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Double Oven, Gas Water Heater, Water Filtration System, Iron Filter, Microwave, Refrigerator, Stainless Steel Appliances, Trash Compactor, Wall Oven, Water Softener Owned
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 5554
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 2777
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Dining Room, Informal Dining Room, Office, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Sitting Room, Billiard, Recreation Room, Storage

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Wrap Around
  • Soil Type: Sand

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Electric, Garage Door Opener, Guest Parking, Insulated Garage
  • Garage Square Feet: 1231

Utilities

  • Heating: Fireplace(s), Geothermal, Radiant Floor
  • Sewer: Septic System Compliant - Yes
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Panoramic View,Security System,Skylight,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Anoka-Hennepin
  • SchoolDistrictNumber: 11
  • SchoolDistrictPhone: 763-506-1000

Lot Info

  • Topography: Meadow
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 2696364
  • Land Lease: No
  • Lot Features: Many Trees, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 123224440003
  • Tax Annual Amount: 4734
  • TaxWithAssessments: 4758.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2023
Closed on
Aug 17, 2023
Sold by
Erickson Scott and Erickson Laura
Bought by
Peterson Roy and Peterson Sarah
Seller's Agent
April Manchik
Lakes Sotheby's International
Buyer's Agent
Marilee Moerke-Green
Keller Williams Classic Realty
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Views
81
Current Estimated Value
$1,049,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$100,675
Avg. Annual Appreciation
-4.21%
Original Mortgage
$862,500
Outstanding Balance
$842,847
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$206,478
Source: Public Records

Range of Values:

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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
Peterson Roy $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Roy $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $1,150,000 +5.0% $207 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $1,095,000 -- $197 / 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
2025 $11,146 $983,600 $309,900 $673,700
2024 $11,146 $982,500 $322,000 $660,500
2023 $4,758 $561,000 $273,900 $287,100
2022 $4,746 $509,500 $232,900 $276,600
2021 $4,585 $439,600 $195,600 $244,000
2020 $5,067 $414,300 $184,100 $230,200
2019 $4,817 $443,400 $164,900 $278,500
2018 $4,941 $412,600 $0 $0
2017 $4,592 $414,100 $0 $0
2016 $4,393 $351,900 $0 $0
2015 $4,205 $351,900 $135,600 $216,300
2014 -- $333,400 $135,600 $197,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6270746

NorthstarMLS

APN: 12-32-24-44-0003