NOT LISTED FOR SALE

10391 Forest Ln SW Pequot Lakes, MN 56472

Estimated Value: $433,000 - $546,000

4 Beds
2 Baths
1,960 Sq Ft
$251/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $420,000 $214 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,791/month

5 Days on Market

Highlights

  • 101 Feet of Waterfront
  • No HOA
  • The kitchen features windows
  • Deck
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System

About This Home

As of March 2024

Private, end of the road year round lake home is ready for a new owner! This tranquil setting among the majestic pines on Rock Lake captures all the wildlife and is close to Pillsbury Forest Trail system. With stunning sunsets from your lakeside decks there is ample outdoor entertaining areas or just enjoy the peace and quiet! This 4 bedroom home has been updated with a new wood burning fireplace able to heat 2,200 sq ft, fresh paint, new washer/dryer, and has been inspected. Fiber optic for those that work from home. This makes for an affordable lake cabin retreat or year round home! Quick close available.

Last Agent to Sell the Property

Jody Fischer

Exit Realty Hometown Advantage Listed on: 02/22/2024

Last Buyer's Agent

Matt Werneke

RE/MAX Results - Crosslake

RE/MAX Results - Crosslake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1978

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 101x282x78x261
  • 101 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Split Level Home

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 150 Amp Service
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association
  • Rockwood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 143800175

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,718

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 1978
  • Above Grade Finished Sq Ft: 1192
  • Water Body Name: Rock
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 47x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Finished, Partial
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Living Area: 1960
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 768
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 261
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 101

Garage/Parking

  • Parking Features: Detached, Garage Door Opener
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: Circuit Breakers, 150 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window

Schools

  • Junior High Dist: Pillager
  • SchoolDistrictNumber: 116
  • SchoolDistrictPhone: 218-746-3772

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 101x282x78x261
  • Lot Size Sq Ft: 22215.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 143800175
  • Tax Annual Amount: 1718
  • TaxWithAssessments: 1784.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 29, 2024
Sold by
Snell Elijah and Snell Melissa
Bought by
Murphy Rita
Seller's Agent
Jody Fischer
Exit Realty Hometown Advantage
Buyer's Agent
Matt Werneke
RE/MAX Results - Crosslake
List Price
$429,000
Sold Price
$420,000
Premium/Discount to List
-$9,000
-2.1%
Views
37
Current Estimated Value
$491,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,497
Avg. Annual Appreciation
10.53%
Original Mortgage
$200,000
Outstanding Balance
$196,949
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$294,548

Purchase Details

Listed on
Aug 10, 2022
Closed on
Oct 28, 2022
Sold by
Grev Jean
Bought by
Snell Elijah and Snell Melissa
Seller's Agent
Adam Kalenberg
Northland Sotheby's International Realty
Buyer's Agent
Jill Macnamara
RE/MAX Results - Nisswa
List Price
$434,900
Sold Price
$418,900
Premium/Discount to List
-$16,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.18%
Original Mortgage
$414,900
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Murphy Rita $420,000 --
Snell Elijah $418,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Rita $200,000
Previous Owner Snell Elijah $414,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/29/2024 03/29/24 Sold $420,000 -2.1% $214 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $429,000 +2.4% $219 / Sq Ft
10/28/2022 10/28/22 Sold $418,900 0.0% $221 / Sq Ft View Prior Sale
09/26/2022 09/26/22 Off Market $418,900 -- --
09/26/2022 09/26/22 Pending -- -- --
09/23/2022 09/23/22 Pending -- -- --
09/09/2022 09/09/22 Price Changed $429,900 -1.1% $227 / Sq Ft
08/10/2022 08/10/22 For Sale $434,900 -- $229 / Sq Ft
Source: NorthstarMLS

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
2024 $2,316 $431,200 $183,000 $248,200
2023 $2,040 $380,300 $129,000 $251,300
2022 $1,386 $380,300 $129,000 $251,300
2021 $1,398 $199,400 $66,500 $132,900
2020 $1,620 $194,400 $66,500 $127,900
2019 $1,372 $182,700 $71,000 $111,700
2018 $1,442 $187,100 $71,000 $116,100
2017 $1,532 $187,100 $71,000 $116,100
2016 $1,406 $0 $0 $0
2015 $1,406 $235,000 $116,000 $119,000
2014 $1,268 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6491194

NorthstarMLS

APN: 14-380-0175