NOT LISTED FOR SALE

8784 Upper 7th Place Lake Elmo, MN 55042

Estimated Value: $522,000 - $582,000

3 Beds
3 Baths
2,030 Sq Ft
$267/Sq Ft Est. Value

About This Home

This home is located at 8784 Upper 7th Place, Lake Elmo, MN 55042 and is currently estimated at $541,887, approximately $266 per square foot. 8784 Upper 7th Place is a home located in Washington County with nearby schools including Skyview Community Elementary School, Skyview Community Middle School, and Tartan Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Knutson Thomas
Bought by
Peterson Shawn and Peterson Susan
Current Estimated Value
$541,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,250
Outstanding Balance
$404,259
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$121,084

Purchase Details

Closed on
May 23, 2022
Sold by
Knutson Thomas Ryan
Bought by
Peterson Shawn M and Peterson Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,250
Outstanding Balance
$404,259
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$121,084

Purchase Details

Closed on
Aug 26, 2020
Sold by
Beck Mary
Bought by
Knutson Thomas Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,800
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2016
Bought by
Beck Mary Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.47%

Purchase Details

Closed on
Nov 30, 2015
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Peterson Shawn $472,500 --
Peterson Shawn M $472,500 Chicago Title
Knutson Thomas Ryan $381,000 Trademark Title Services Inc
Beck Mary Mary $335,500 --
-- $6,139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Shawn $425,250
Closed Peterson Shawn M $425,250
Previous Owner Knutson Thomas Ryan $304,800
Previous Owner Beck Mary Mary $260,000
Source: Public Records

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 $5,086 $496,700 $220,000 $276,700
2023 $5,086 $512,500 $240,000 $272,500
2022 $4,578 $494,200 $235,000 $259,200
2021 $3,760 $410,100 $195,000 $215,100
2020 $4,020 $359,800 $147,500 $212,300
2019 $3,456 $363,500 $150,000 $213,500
2018 $3,372 $328,900 $125,000 $203,900
2017 $1,520 $315,300 $125,000 $190,300
2016 $458 $110,000 $110,000 $0
2015 -- $0 $0 $0
Source: Public Records

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