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8724 224th Court Northwest

8724 224th Court Northwest, Elk River, MN 55330
Property in Nowthen
Sold Jan 13, 2021
$242,000
Sold Sep 23, 2010
$193,000
$190,435 by Midcountry Bank
Mortgage Due Sep 01, 2040
Local assessors in Elk River, MN have categorized 8724 224th Court Northwest as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 105,904 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a bi-level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8724 224th Court Northwest has a total of 1,636 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 792 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 8724 224th Court Northwest was last sold in Oct 5, 2020 for $242,000. According to our calculations, that's $147.92 per sqft. Prior to that sales transaction, the property was sold for $193,000 in Jul 16, 2010. Current property owners are expected to pay $4,661 in taxes per year. The property on 8724 224th Court Northwest was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $489,100. To break that down further, the land itself was valued at $146,500. While improvements to the property were assessed at a total of $342,600. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Construction Type: Wood
  • Building Style: Bi-level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 792
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 105,904
  • Total Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARABIAN MEADOWS
  • Land Acres: 2.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLOCK 1 ARABIAN MEADOWS

Ownership

  • Current Owner : COLLINS MEGAN
  • Current Owner 2: COLLINS JASON
  • Previous Owner : GRABRICK BRANDON
  • Owner Before Previous Owner: CITIMORTGAGE INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Elk River Public School District
  • Census Tract: 050116

Geography

  • Assessors Map Reference: 2827
  • Parcel: 05-33-25-32-0012
  • Block: 1
  • Lot: 5
  • Meridian: SEC 05 TWN 33N RNG 25W
  • Municipality: NOWTHEN
  • Latitude: 45.3764
  • Longitude: -93.4892

    Address

  • Full Address: 8724 224th Ct Nw
  • Address - House Number: 8724
  • Street Segment Direction: NW
  • Address - Street Name: 224th
  • Address - Suffix Type: Ct
  • State: MN
  • City Name: Elk River
  • Carrier Code: R006
  • 4-Digit Zip Code: 9132
  • Zip Code: 55330

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $4,661

    Appraisal Valuation

  • Standard Deviation: 0.1187
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 473,525
  • High Value: 529,766
  • Low Value: 417,284

    Market Valuation

  • Market Total Value: $489,100
  • Market Land Value: $146,500
  • Market Improvement Value: $342,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $489,100
  • Assessed Land Value: $146,500
  • Assessed Improvements Value: $342,600

    Sales

  • Current Sale Contract Date: Oct 05, 2020
  • Current Sale Recording Date: Jan 13, 2021
  • Current Sale Transaction ID: 11817538541
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A2297999.001
  • Previous Sale Recording Date: Sep 23, 2010
  • Previous Sale Contract Date: Jul 16, 2010
  • Previous Sale Amount: $193,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 13, 2021
  • First Mortgage Loan Amount: $274,062
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: MIDCOUNTRY BANK
  • Previous Mortgage Transaction Date: Sep 23, 2010
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $190,435
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Nowthen



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Frequently Asked Questions

What neighborhood is 8724 224th Court Northwest located in?
The 8724 224th Court Northwest is a located in the neighborhood of Nowthen in Nowthen, Elk River.
What is the average sales price for listings in 8724 224th Court Northwest?
The average sales price for units in 8724 224th Court Northwest is $0 currently.

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