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20140 Vance Street Northwest

20140 Vance Street Northwest, Elk River, MN 55330
Property in Elk River
Sold Jul 08, 2020
$339,000
$322,050 by Everett Financial Inc
Mortgage
Sold Jun 23, 2000
$180,000
20140 Vance Street Northwest has been categorized by the local assessors in Elk River, MN as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 20140 Vance Street Northwest has 2,144 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 800 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 74,488 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 mixed used garage for those who require parking. The garage measured 3,056 sqft. According to our sources, there are a total of 12 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 frame control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing electric heaters and being fueled with electricity. 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, 20140 Vance Street Northwest sold most recently in Jul 1, 2020 for a total of $339,000. If you work out the math, that's approximately a cost of $158.12 per sqft. Before that, the property was also sold for $180,000 in May 30, 2000. 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 $5,124 in taxes each year. 20140 Vance Street Northwest was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $379,300. If we break it down further, the land itself was valued at $115,200. Improvements to the property, however, were assessed at a total of $264,100. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • 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: 800
  • Parking Type: Attached
  • Garage Type: Mixed use
  • Garage Square Area: 3,056
  • Parking Space Count: 12
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 74,488
  • Total Building Area: 2,144
  • Gross Building Area: 2,144
  • Building Area: 2,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Electric
  • Heated Square Feet: 2,144
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KNOLLWOOD WEST
  • Land Acres: 1.71
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2, BLK 1

Ownership

  • Current Owner : SCHMIDT STEPHANIE
  • Current Owner 2: SCHMIDT ERIC
  • Previous Owner : STODDARD RENEE E
  • Owner Before Previous Owner: OLSON MICHAEL W
  • Owner Before Previous Owner 2: OLSON JOLENE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Elk River Public School District
  • School Tax School District: ELK RIVER
  • Census Tract: 030506

Geography

  • District: 75
  • Parcel: 75-486-0120
  • Block: 1
  • Lot: 2
  • Meridian: SEC 23 TWN 33N RNG 26W
  • Municipality: ELK RIVER CITY
  • Latitude: 45.3372
  • Longitude: -93.5458

    Address

  • Full Address: 20140 Vance St Nw
  • Address - House Number: 20140
  • Street Segment Direction: NW
  • Address - Street Name: Vance
  • Address - Suffix Type: St
  • State: MN
  • City Name: Elk River
  • Carrier Code: C002
  • 4-Digit Zip Code: 2262
  • Zip Code: 55330

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,124
  • Tax Rate Code Area: ELK RIVER

    Appraisal Valuation

  • Standard Deviation: 0.136
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 84
  • Final Value: 402,320
  • High Value: 457,043
  • Low Value: 347,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $322,050
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jul 08, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $322,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $379,300
  • Market Land Value: $115,200
  • Market Improvement Value: $264,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $379,300
  • Assessed Land Value: $115,200
  • Assessed Improvements Value: $264,100

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 08, 2020
  • Current Sale Transaction ID: 11773722835
  • Current Sale Price: $339,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 895305
  • Previous Sale Recording Date: Jun 23, 2000
  • Previous Sale Contract Date: May 30, 2000
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jul 08, 2020
  • First Mortgage Loan Amount: $322,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Elk River



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Frequently Asked Questions

What neighborhood is 20140 Vance Street Northwest located in?
The 20140 Vance Street Northwest is a located in the neighborhood of Elk River in Elk River, Elk River.
What is the average sales price for listings in 20140 Vance Street Northwest?
The average sales price for units in 20140 Vance Street Northwest is $0 currently.

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