$130,000
SOLD NOV 6, 2024

8731 Obrian Ave NE Elk River, MN 55330

1.04 Acres
$125,000 Price per Acre
45,302 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

12% Below List Price

31 Days on Market

Highlights

  • Corner Lot
  • Rogers Senior High School Rated 9+
  • No HOA

About This Lot

As of November 2024

Flat 1 acre corner lot in booming Otsego area! Tons of potential for those looking for a large lot to build the home they always wanted. Also potential for those with patience and time - this lot abuts a newer residential development and per Seller, at some unknown time city to bring city water & sewer to Obrian Ave NE. This could be an opportunity to divide the lot with income producing possibilities. Buyer to do their own due diligence. Current septic on site failed. Mobile home on site is a tear down. Decent garage and other structure on site. Come take a look!

Last Agent to Sell the Property

Jessica Composto

Tradewind Properties Listed on: 08/30/2024

Last Buyer's Agent

Erick Peterson

Keller Williams Integrity NW

Keller Williams Integrity NW

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,102

Lot Details

  • Lot Dimensions are 286x157x286x158
  • Corner Lot

Utilities

  • Shared Well

Community Details

  • No Home Owners Association
  • Cederberg Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 118214001020

Property Details

Property Type

Land

Est. Annual Taxes

$1,102

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Other
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Paved Streets
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Other

Exterior Features

  • Fencing: None
  • Other Structures: Additional Garage, Workshop

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Shared Well Connected, Private Septic Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Elk River
  • SchoolDistrictNumber: 728
  • SchoolDistrictPhone: 763-241-3400

Lot Info

  • Topography: Walkout
  • Lot Size: 286x157x286x158
  • Land Lease: No
  • Lot Features: Corner Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 118214001020
  • Tax Annual Amount: 1102
  • TaxWithAssessments: 1102.0000
  • TaxableAcres: 1.036

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 6, 2024
Sold by
Bauer Michael Arthur
Bought by
Neiber Michael
Seller's Agent
Jessica Composto
Tradewind Properties
Buyer's Agent
Erick Peterson
Keller Williams Integrity NW
List Price
$147,250
Sold Price
$130,000
Premium/Discount to List
-$17,250
-11.71%
Views
11
Current Estimated Value
$153,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,419
Avg. Annual Appreciation
20.11%

Purchase Details

Listed on
Sep 20, 2022
Closed on
Oct 21, 2022
Sold by
Atl Holdings Llc
Bought by
Bauer Michael
Seller's Agent
James Freeman
Freeman Real Estate
Buyer's Agent
Ashley Freeman
Freeman Real Estate
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jun 1, 2003
Sold by
Cederburg Anna L
Bought by
Cederburg Robert L

Purchase Details

Closed on
Jun 7, 1999
Sold by
Suhl Mary A and Suhl Gary D
Bought by
Cederberg Ann L

Purchase Details

Closed on
Apr 5, 1995
Sold by
Carlson Elouise
Bought by
Dyedahl Armand C and Dyedahl Roberta N

Purchase Details

Closed on
May 28, 1992
Sold by
Welcome Dennis L
Bought by
Marquardt Mary Ann

Purchase Details

Closed on
Jun 13, 1987
Sold by
Dybedahl Armand and Dybedahl Roberta
Bought by
Welcome Dennis L
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $130,000 Legacy Title
Deed $110,000 --
Warranty Deed $42,000 --
Warranty Deed $45,000 --
Deed $4,000 --
Warranty Deed $38,000 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed -- No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $130,000 -11.7% $112 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $147,250 +33.9% $127 / Sq Ft
10/21/2022 10/21/22 Sold $110,000 -8.3% $95 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
09/20/2022 09/20/22 For Sale $119,900 -- $103 / 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
2024 $1,186 $109,800 $95,000 $14,800
2023 $1,102 $130,700 $102,000 $28,700
2022 $1,624 $111,900 $85,000 $26,900
2021 $1,128 $80,400 $55,000 $25,400
2020 $2,086 $80,200 $55,000 $25,200
2019 $1,820 $80,600 $0 $0
2018 $942 $72,400 $0 $0
2017 $938 $71,300 $0 $0
2016 $942 $0 $0 $0
2015 $1,636 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6595317

NorthstarMLS

APN: 118-214-001020