NOT LISTED FOR SALE

7962 Hill Trail N Lake Elmo, MN 55042

Estimated Value: $696,000 - $1,125,000

2 Beds
1 Bath
1,092 Sq Ft
$872/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $244,000 $223 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $5,898/month

289 Days on Market

Highlights

  • Lake Front
  • 2 Car Detached Garage
  • Baseboard Heating
  • 1.01 Acre Lot
  • 1-Story Property
  • Wood Siding

About This Home

As of September 2012

Live at the lake year-round in the middle of the metro! Great lakeshore property, fully recreational 144 acre Lake Demontreville. Fish and Play. Gorgeous, wooded 1.01 acre property. Home is one-story unfinished shell with full walkout basement.

Last Agent to Sell the Property

Lawrence Eberhard

Keller Williams Premier Realty Listed on: 12/12/2011

Last Buyer's Agent

Patrick McGrath

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Year Built

  • 1956

Lot Details

  • 1.01 Acre Lot
  • Lot Dimensions are 220x200
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0502921440038

Home Details

Home Type

Single Family

Year Built

1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Estimated Number of Acres: 1.01
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1092
  • Parcel Number: 0502921440038
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Bathroom Description: 3/4 Basement
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1092
  • Total Fin Square Footage: 1092

Exterior Features

  • Frontage Road: City
  • LakeAcres: 161
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: Private

Lot Info

  • Estimated Lot Dimensions: 220x200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2011
Closed on
Sep 11, 2012
Sold by
Malon Russell
Bought by
Burns Thomas C and Burns Linda M
Seller's Agent
Lawrence Eberhard
Keller Williams Premier Realty
Buyer's Agent
Patrick McGrath
Coldwell Banker Burnet
List Price
$399,900
Sold Price
$244,000
Premium/Discount to List
-$155,900
-38.98%
Current Estimated Value
$952,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,767
Avg. Annual Appreciation
10.83%
Original Mortgage
$195,200
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Burns Thomas C $244,000 Title Recording Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Burns Thomas C $195,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $244,000 -39.0% $223 / Sq Ft
09/26/2012 09/26/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $399,900 -- $366 / 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
2024 $10,706 $940,200 $481,000 $459,200
2023 $10,706 $939,400 $481,000 $458,400
2022 $9,636 $949,400 $513,400 $436,000
2021 $8,816 $787,800 $426,000 $361,800
2020 $9,144 $764,400 $403,500 $360,900
2019 $8,554 $764,400 $410,000 $354,400
2018 $8,544 $740,300 $410,000 $330,300
2017 $8,776 $738,000 $410,000 $328,000
2016 $8,978 $744,000 $408,500 $335,500
2015 $8,616 $738,600 $390,800 $347,800
2013 -- $349,800 $347,800 $2,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4093454

REALTOR® Association of Southern Minnesota

APN: 05-029-21-44-0038