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16278 Elkhorn Trail

16278 Elkhorn Trail, Lakeville, MN 55044
Property in Lakeville
Sold Jun 24, 2019
$444,500
$355,600 by Tradition Mortgage
Mortgage Due Jul 01, 2034
Sold Sep 21, 2018
$48,193
16278 Elkhorn Trail has been categorized by the local assessors in Lakeville, MN as a residential type of property. The building on the property was first built in 2018 and is 6 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16278 Elkhorn Trail has 1,894 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,720 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 583 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 16278 Elkhorn Trail was last sold in Jun 20, 2019 for $444,500. According to our calculations, that's $234.69 per sqft. Prior to that sales transaction, the property was sold for $48,193 in Sep 20, 2018. Current property owners are expected to pay $5,212 in taxes per year. The property on 16278 Elkhorn Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $520,800. To break that down further, the land itself was valued at $167,800. While improvements to the property were assessed at a total of $353,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 583
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,720
  • Total Building Area: 1,894
  • Building Area: 1,894
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,894
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPIRIT OF BRANDTJEN FARM 16TH ADDITION
  • Land Acres: 0.223
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 4 & INTEREST ATTRIBUTABLE TO MASTER ASSOC COMMON ELEMENTS

Ownership

  • Current Owner : SHAH VARSHA
  • Previous Owner : ROBERT THOMAS HOMES INC
  • Owner Before Previous Owner: COBBLESTONE LAKE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rosemount-Apple Valley-Eagan
  • School Tax School District: 196
  • School Tax District Code 2: VERMILLION RIVE
  • Census Tract: 060815

Geography

  • Assessors Map Reference: MB = 71340
  • District: 22
  • Parcel: 22-71340-04-050
  • Block: 4
  • Lot: 50
  • Municipality: LAKEVILLE CITY
  • Latitude: 44.7133
  • Longitude: -93.1701

    Address

  • Full Address: 16278 Elkhorn Trl
  • Address - House Number: 16278
  • Address - Street Name: Elkhorn
  • Address - Suffix Type: Trl
  • State: MN
  • City Name: Lakeville
  • Carrier Code: R032
  • 4-Digit Zip Code: 2246
  • Zip Code: 55044

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,212

    Appraisal Valuation

  • Standard Deviation: 0.1324
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 569,005
  • High Value: 644,361
  • Low Value: 493,649

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,600
  • First Open Lien Mortgage Lender: TRADITION MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 24, 2019
  • First Open Lien Mortgage Loan Amount: $355,600
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2034

    Market Valuation

  • Market Total Value: $520,800
  • Market Land Value: $167,800
  • Market Improvement Value: $353,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $520,800
  • Assessed Land Value: $167,800
  • Assessed Improvements Value: $353,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2019
  • Current Sale Recording Date: Jun 24, 2019
  • Current Sale Transaction ID: 11617388173
  • Current Sale Price: $444,500
  • Current Sale Document Type: Limited Warranty Deed
  • Current Sale Input Document Number: 3311122
  • Previous Sale Recording Date: Sep 21, 2018
  • Previous Sale Contract Date: Sep 20, 2018
  • Previous Sale Amount: $48,193
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRADITION MORTGAGE
  • First Mortgage Transaction Date: Jun 24, 2019
  • First Mortgage Loan Amount: $355,600
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2034

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 16278 Elkhorn Trail located in?
The 16278 Elkhorn Trail is a located in the neighborhood of Lakeville in Lakeville, Lakeville.
What is the average sales price for listings in 16278 Elkhorn Trail?
The average sales price for units in 16278 Elkhorn Trail is $0 currently.

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