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8718 Packard Avenue Northeast

8718 Packard Avenue Northeast, Elk River, MN 55330
Property in Otsego
Sold Nov 28, 2018
$260,000
$234,000 by Megastar Financial Corp
Mortgage Due Nov 01, 2048
Sold Dec 16, 2010
$142,900
8718 Packard Avenue Northeast in Elk River, MN was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8718 Packard Avenue Northeast has 1,038 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 868 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 44,804 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage. The garage is 1,316 sqft. There are a total of 5 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8718 Packard Avenue Northeast sold most recently in Nov 6, 2018 for a total of $260,000. If you work out the math, that's approximately a cost of $250.48 per sqft. Before that, the property was also sold for $142,900 in Nov 30, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,014 in taxes each year. 8718 Packard Avenue Northeast was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $377,000. If we break it down further, the land itself was valued at $102,700. Improvements to the property, however, were assessed at a total of $274,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 868
  • Garage Type: Garage
  • Garage Square Area: 1,316
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 44,804
  • Total Building Area: 1,038
  • Gross Building Area: 1,038
  • Building Area: 1,038
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,038
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JAMES ADDN
  • Land Acres: 1.028
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SECT-22 TWP-121 RANGE-023 JAMES ADDN LOT-010 BLOCK-002

Ownership

  • Current Owner : HARRELSON MELISSA
  • Previous Owner : GERVAIS MICHAEL
  • Previous Owner 2: GERVAIS KAYLA
  • Owner Before Previous Owner: FNMA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elk River Public School District
  • School Tax School District: ELK RIVER
  • Census Tract: 100101

Geography

  • Assessors Map Reference: MB 048
  • District: 3001
  • Parcel: 118-048-002100
  • Block: 2
  • Lot: 10
  • Meridian: SEC 22 TWN 121 RNG 023
  • Municipality: CITY OF OTSEGO
  • Latitude: 45.2762
  • Longitude: -93.5796

    Address

  • Full Address: 8718 Packard Ave Ne
  • Address - House Number: 8718
  • Street Segment Direction: NE
  • Address - Street Name: Packard
  • Address - Suffix Type: Ave
  • State: MN
  • City Name: Elk River
  • Carrier Code: R008
  • 4-Digit Zip Code: 4507
  • Zip Code: 55330

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,014
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1693
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 78
  • Final Value: 373,169
  • High Value: 436,380
  • Low Value: 309,958

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,000
  • First Open Lien Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 28, 2018
  • First Open Lien Mortgage Loan Amount: $234,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048

    Market Valuation

  • Market Total Value: $377,000
  • Market Land Value: $102,700
  • Market Improvement Value: $274,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,000
  • Assessed Land Value: $102,700
  • Assessed Improvements Value: $274,300

    Sales

  • Current Sale Contract Date: Nov 06, 2018
  • Current Sale Recording Date: Nov 28, 2018
  • Current Sale Transaction ID: 11542162406
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1385104
  • Previous Sale Recording Date: Dec 16, 2010
  • Previous Sale Contract Date: Nov 30, 2010
  • Previous Sale Amount: $142,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGASTAR FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 28, 2018
  • First Mortgage Loan Amount: $234,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

About Otsego



Similar Buildings

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Nearby Rentals

Unit for rent at 15548 87th Lane Ne, Otsego, MN, 55330

$2,495 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,804 ft²
15548 87th Lane Ne, Otsego, MN, 55330 Listing by Riyaz Thadathil

Frequently Asked Questions

What neighborhood is 8718 Packard Avenue Northeast located in?
The 8718 Packard Avenue Northeast is a located in the neighborhood of Otsego in Otsego, Elk River.
What is the average sales price for listings in 8718 Packard Avenue Northeast?
The average sales price for units in 8718 Packard Avenue Northeast is $0 currently.

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