NOT LISTED FOR SALE

9668 8th St N Lake Elmo, MN 55042

Estimated Value: $590,000 - $844,000

3 Beds
2.5 Baths
3,485 Sq Ft
$203/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $867,718 $249 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,290/month

114 Days on Market

Highlights

  • New Construction
  • Family Room with Fireplace
  • Home Office
  • Stillwater Area High School Rated A-
  • Recreation Room
  • Walk-In Pantry

About This Home

As of February 2024

Do not miss this amazing opportunity to own a custom-built Derrick home in the highly desired Lake Ridge Crossing neighborhood of Lake Elmo. This home is currently under construction. Derrick is known for their meticulous craftsmanship, high-end materials, custom cabinetry & mill work. Home will feature a gourmet kitchen highlighting beautiful granite countertops, center island, stainless-steel appliances, sizable walk-in pantry & custom cabinets. Living room showcases beautiful electric fireplace & picture window to soak in the sunlight. Primary bedroom offers walk-in closet & private bath. Dual sinks, tiled shower & luxurious soaker tub await. Laundry room, bathroom, mudroom & office space complete the level. Be ready to entertain in the lower level offering you exercise/office space w/walk-in closet, media room, family room w/gas fireplace, 2 additional bedrooms & a full bathroom. Enjoy afternoons on your composite deck. The oversized 3 car garage completes this remarkable home.

Last Agent to Sell the Property

Jay Fletch

Edina Realty, Inc. Listed on: 09/15/2023

Edina Realty, Inc.

Last Buyer's Agent

Jacqueline Nordstrom

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,690

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 77x141x94x131
  • Irregular Lot

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1-Story Property
  • Electric Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Recreation Room
  • Washer and Dryer Hookup

Kitchen

  • Walk-In Pantry
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Sump Pump
  • Basement Storage
  • Natural lighting in basement

Farming

  • Sod Farm

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service

Community Details

  • Association fees include professional mgmt
  • Firstservice Residential Association, Phone Number (952) 277-2700
  • Built by DERRICK CUSTOM HOMES LLC
  • Lake Ridge Crossing/Hammes Estates Community
  • Hammes Estates 3Rd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3402921130072

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,690

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$43 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 1883
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 58x32
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drainage System, Finished, Full, Storage Space, Sump Pump
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Fireplace Features: Electric, Family Room, Gas, Living Room
  • Living Area: 3485
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1602
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Recreation Room, Office, Laundry, Mud Room, Pantry (Walk-In), Foyer

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • CompletionDate: 2024-02-23
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Front Porch

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener
  • Garage Square Feet: 768
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt
  • Phone: 952-277-2700
  • Association Fee: 130
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Porch,Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Lake Ridge Crossing/Hammes Estates

Association/Amenities

  • HOA Management Co: FirstService Residential
  • Builders Association Membership(s): Builders Association of the Twin Cities,St. Croix Valley Home Builders Association

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictNumber: 834
  • SchoolDistrictPhone: 651-351-8301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 77x141x94x131
  • Lot Size Sq Ft: 11499.84
  • Land Lease: No
  • Lot Features: Irregular Lot, Sod Included in Price, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Builder License: 372613
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 3402921130072
  • Tax Annual Amount: 1690
  • TaxWithAssessments: 1690.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Feb 28, 2024
Sold by
Derrick Custom Homes Llc
Bought by
Frans Derek Alan and Frans Jodi
Seller's Agent
Jay Fletch
Edina Realty, Inc.
Buyer's Agent
Jacqueline Nordstrom
Coldwell Banker Realty
List Price
$879,900
Sold Price
$867,718
Premium/Discount to List
-$12,182
-1.38%
Views
45
Current Estimated Value
$706,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,584
Avg. Annual Appreciation
-3.97%
Source: Public Records

Range of Values:

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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
Frans Derek Alan $867,718 Fsa Title Services
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $867,718 -1.4% $249 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/06/2023 12/06/23 For Sale $879,900 +1.4% $252 / Sq Ft
12/05/2023 12/05/23 Off Market $867,718 -- --
09/15/2023 09/15/23 For Sale $879,900 -- $252 / 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 $6,216 $626,100 $160,000 $466,100
2023 $6,216 $145,000 $145,000 $0
2022 $1,684 $162,700 $162,700 $0
2021 $1,486 $135,000 $135,000 $0
2020 $778 $133,000 $133,000 $0
2019 $380 $125,000 $125,000 $0
2018 $0 $42,400 $42,400 $0
2017 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6434368

NorthstarMLS

APN: 34-029-21-13-0072