NOT LISTED FOR SALE

8188 Odean Ave NE Elk River, MN 55330

Estimated Value: $447,000 - $606,261

3 Beds
1 Bath
-- Sq Ft
18.86 Acres

Last Sold April 18, 2012

Last sale price $175,000

Est. 204% increase in value since last sale

Current estimated payment $3,115/month

30 Days on Market

Highlights

  • 18.86 Acre Lot
  • Pole Barn
  • Farm
  • Rogers Middle School Rated 9+
  • Level Lot

About This Home

As of April 2012

Great opportunity to own 18+ acres in developed area of Otsego. Private, rolling fields, nice tree coverage around homesite. Property has 1981 home that needs TLC. Add on to existing home or build new. Newer 47x30 pole barn and two car detached garage.

Last Agent to Sell the Property

Barbara Zadeh

Windsong Realty Listed on: 02/24/2012

Co-Listed By

Mary Meuwissen

Counselor Realty of Victoria

Last Buyer's Agent

Curtis Bechthold

RE/MAX Results

Property Details

Property Type

  • Other

Lot Details

  • 18.86 Acre Lot
  • Level Lot
  • Few Trees

Home Design

  • Farm

Outdoor Features

  • Pole Barn
  • Storage Shed

Additional Features

  • Hobby or Recreation Farm
  • Phone Available

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Nonhomestead
  • Sub Type: Farm
  • Assessment Balance: 100.5
  • Assessments: Yes
  • Hobby Farm: Yes
  • Projected Closed Date: 04/18/2012
  • Taxes With Assessments: 4878
  • Estimated Number of Acres: 18.86
  • Estimated Tillable Acres: 12
  • Topography: Level, Sloped, Walkout
  • Farm Type: Hobby
  • Special Features: None
  • Property Sub Type: Other

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved
  • Out Buildings: Pole Building, Storage Shed

Schools

  • School District: Elk River #728

Lot Info

  • Lot/Land Description: Tree Coverage - Light, Telephone

Tax Info

  • Year: 2011
  • Tax Value: 4778

MLS Schools

  • School District: Elk River #728

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 18, 2012
Sold by
Chanhassen Center Partnership
Bought by
Johnson Philip R and Johnson Annette C
Seller's Agent
Barbara Zadeh
Windsong Realty
Buyer's Agent
Curtis Bechthold
RE/MAX Results
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%
Current Estimated Value
$532,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$357,065
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Dec 31, 2004
Sold by
Miles Frank Edward
Bought by
Not Provided
Source: Public Records

Range of Values:

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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
Johnson Philip R $175,000 --
Not Provided $517,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2012 04/18/12 Sold $175,000 -7.9% --
03/25/2012 03/25/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $190,000 -- --
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
2025 $3,398 $613,200 $390,100 $223,100
2024 $3,384 $571,500 $349,400 $222,100
2023 $3,236 $589,600 $361,900 $227,700
2022 $3,002 $496,500 $297,600 $198,900
2021 $2,826 $444,700 $274,100 $170,600
2020 $2,846 $431,000 $269,200 $161,800
2019 $1,992 $239,200 $0 $0
2018 $1,912 $128,900 $0 $0
2017 $1,736 $306,700 $0 $0
2016 $1,748 $0 $0 $0
2015 $2,044 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 3455204

REALTOR® Association of Southern Minnesota

APN: 118-500-214302