NOT LISTED FOR SALE

9718 8th St N Lake Elmo, MN 55042

Estimated Value: $822,000 - $972,000

5 Beds
3.5 Baths
4,293 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $880,000 $205 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,699/month

71 Days on Market

Highlights

  • New Construction
  • Lake View
  • Loft
  • Stillwater Area High School Rated A-
  • Deck
  • Home Office

About This Home

As of May 2023

Executive 2-story walkout home with 1,000+ Sq Ft oversized 4-car garage on a premier homesite with panoramic views over Goose Lake in Lake Ridge Crossing! The open layout and large oversized windows makes the home feel open and “airy” with plenty of “cozy” spaces mixed in. Notable mentions include Elite Kitchen with HUGE kitchen island, Samsung appliances, enameled cabinetry, and quartz countertops. Large owner’s suite with walk-in tile shower, tile floors, walk-in closet, and upstairs laundry. Maintenance-free deck, landscaping, in-ground irrigation, sod included in price. Location, location, location!! Minutes from shopping, Lake Elmo Park Reserve, and easy access to I94. Built by Creative Homes, local builder, and recipient of numerous local and national quality awards.

Last Agent to Sell the Property

David Hackworthy

Creative Real Estate Group, LLC Listed on: 01/10/2023

Last Buyer's Agent

Jeffrey Dewing

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 89x165x85x178

HOA Fees

  • $43 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Wood Foundation
  • Pitched Roof

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Home Office
  • Loft
  • Game Room
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Storage

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Humidifier
  • 200+ Amp Service

Additional Features

  • Air Exchanger
  • Deck
  • Sod Farm

Community Details

  • Association fees include professional mgmt, trash
  • First Service Residential Association, Phone Number (952) 277-2700
  • Built by CREATIVE HOMES INC (667667)
  • Lake Ridge Crossing Community
  • Hammes Estates 3Rd Add Subdivision

Listing and Financial Details

  • Property Available on 9/30/22
  • Assessor Parcel Number 3402921130075

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$43 per month

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Zoned
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 3074
  • Water Body Name: Goose Lake (Lake Elmo)
  • Unit Levels: Two
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Pump, Walkout, Wood
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Exhaust Fan, Humidifier, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Water Softener Owned
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 4293
  • Below Grade Finished Sq Ft: 1219
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Deck, Loft, Game Room, Office
  • SqFtTotal: 4598.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, Panoramic
  • CompletionDate: 2022-09-16
  • ConstructionMaterialsDesc: Concrete,Frame
  • PatioPorchType: Composite Decking,Deck
  • Lake Acres: 37
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 1025
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air, Humidifier, Zoned
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric,Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Trash
  • Phone: 952-277-2700
  • Association Fee: 130
  • Association: Yes
  • Amenities Unit: Cable,Deck,Ethernet Wired,Kitchen Center Island,Primary Bedroom Walk-In Closet,Panoramic View,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
  • Community Name: Lake Ridge Crossing

Association/Amenities

  • HOA Management Co: First Service Residential
  • Builders Association Membership(s): Builders Association of the Twin Cities

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 89x165x85x178
  • Lot Size Sq Ft: 14941.08
  • Land Lease: No
  • Lot Features: Sod Included in Price
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Builder License: 667667
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Rental Info

  • Available Date: 2022-09-30

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 3402921130075
  • Tax Annual Amount: 1808
  • TaxWithAssessments: 1808.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
May 15, 2023
Sold by
Creative Homes Inc
Bought by
Bustamante David and Bustamante Jami
Seller's Agent
David Hackworthy
Creative Real Estate Group, LLC
Buyer's Agent
Jeffrey Dewing
Coldwell Banker Realty
List Price
$899,900
Sold Price
$880,000
Premium/Discount to List
-$19,900
-2.21%
Total Days on Market
71
Views
16
Current Estimated Value
$891,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,269
Avg. Annual Appreciation
0.62%
Original Mortgage
$704,000
Outstanding Balance
$687,931
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$203,338

Purchase Details

Closed on
Dec 15, 2021
Sold by
Rachel Development Inc
Bought by
Creative Homes Inc
Source: Public Records

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Range of Values:

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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
Bustamante David $880,000 --
Creative Homes Inc $180,000 Chb Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante David $704,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $880,000 -2.2% $205 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $899,900 -- $210 / 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
2023 $8,062 $758,400 $150,000 $608,400
2022 $1,808 $174,700 $174,700 $0
2021 $1,178 $145,000 $145,000 $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: 6322391

NorthstarMLS

APN: 34-029-21-13-0075