NOT LISTED FOR SALE

10038 Rachel Shores SW Farwell, MN 56327

Estimated Value: $392,000 - $603,000

3 Beds
2 Baths
832 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 23, 2015

Last sale price $365,500 $439 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,056/month

26 Days on Market

Highlights

  • 167 Feet of Waterfront
  • Sandy Beach
  • Vaulted Ceiling
  • Lincoln Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of April 2015

This is the lake home you've been searching for! Charming, authentic log cabin nestledon an ultra private, heavily-wooded 1.7 acre lot, with 170+ feet of sandy shoreline onclear, spring-fed Lake Rachel. Less than ten miles from Alexandria. Loaded with rusticcharm and an "up-north" feel, this 3 BR, 2 BA year-round home has it all -- open floorplan with vaulted ceilings and exposed log beams, two fireplaces, central air, hardwoodfloors, custom cabinetry, spa tub, wrap-around upper deck, lower level walkout patio,and professional landscaping by Colorful Seasons. Includes heated garage along withtwo, log/cedar sided storage sheds. Unique lot has the best of both worlds - hillsidehome offers a breath-taking view of the lake, yet the huge beach area is totally flat andopen

Last Agent to Sell the Property

Gerry Goblirsch / Broker

Alexandria Brokers Realty, LLC Listed on: 03/15/2015

Last Buyer's Agent

Gerry Goblirsch / Broker

Alexandria Brokers Realty, LLC Listed on: 03/15/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1981

Lot Details

  • 1.6 Acre Lot
  • 167 Feet of Waterfront
  • Lake Front
  • Sandy Beach
  • Landscaped
  • Many Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Log Cabin
  • Poured Concrete
  • Log Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Home Security System
  • Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 18-0639-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,606

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Seasonal Recreational
  • Style: SF Single Family
  • Amenities: Hardwood Floors, Natural Woodwork, Security System, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 1.6
  • Beach Type: Sand
  • Mechanicals: Fuel Tank-Rented
  • Parcel Number: 18-0639-000
  • Range: 39.00
  • Section: 23.00
  • Stories: 1 Story
  • Twp Number: 127.00
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Basement Features: Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 832
  • Below Grade Finished Sq Ft: 798
  • Total Square Footage: 1630

Exterior Features

  • Frontage Road: Gravel
  • Lake Class: Recreation Developmnt
  • Waterfront Name: Rachel
  • Construction Type: Log Home
  • Exterior: Log, Stone
  • Waterfront: Yes
  • Water Frontage: 167
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 1

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned
  • Heat: Fireplace, Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 170 461 167 410
  • Lot/Land Description: Landscaped, Tree Coverage - Heavy

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2014
  • Tax Value: 2606

MLS Schools

  • School District: Alexandria #206

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2007
Sold by
Johnson Kirby and Estate Of Charles Arnold Johns
Bought by
Mathias Richard L and Mathias Marilyn K
Current Estimated Value
$527,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Coffman John T and Coffman Marie A
Bought by
Johnson Kirby C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Mathias Richard L $54,450 None Available
Johnson Kirby C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mathias Richard L $264,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2015 04/23/15 Sold $365,500 -5.0% $439 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/15/2015 03/15/15 For Sale $384,900 -- $463 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $3,216 $466,200 $179,400 $286,800
2024 $3,216 $452,200 $179,400 $272,800
2023 $3,340 $438,400 $179,400 $259,000
2022 $3,210 $373,400 $131,900 $241,500
2021 $3,202 $349,000 $131,900 $217,100
2020 $3,284 $332,600 $131,900 $200,700
2019 $3,318 $326,800 $131,900 $194,900
2018 $3,148 $322,400 $131,900 $190,500
2017 $2,882 $306,300 $131,900 $174,400
2016 $2,504 $283,434 $127,943 $155,491
2015 $2,506 $0 $0 $0
2014 -- $234,400 $99,300 $135,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2015

    Gerry Goblirsch / Broker

    Alexandria Brokers Realty, LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4727471

REALTOR® Association of Southern Minnesota

APN: 18-0639-000

Minnesota Douglas County Farwell 56327

10038 Rachel Shores SW, Farwell, MN

Not Listed for Sale

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