NOT LISTED FOR SALE

1049 Mayo Rd SW Pequot Lakes, MN 56472

Estimated Value: $415,258 - $564,000

4 Beds
2 Baths
2,332 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $187,000 $80 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $2,580/month

40 Days on Market

Highlights

  • 2 Car Attached Garage
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System
  • Eat-In Kitchen
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of September 2014

BUILT IN 2014, THIS NEW CONSTRUCTED HOME IS READY TO MOVE IN; COMES FULLY FINISHED WITH WALKOUT BASEMENT, HAS 4 BEDROOMS, VAULTED CEILING, MAIN FLOOR LAUNDRY, ATTACHED 2 CAR INSULATED GARAGE, ALL TUCKED ON A 3.24 ACRE LOT.

Last Agent to Sell the Property

Linda Steffen

Century 21 Brainerd Realty Listed on: 06/16/2014

Co-Listed By

Kelly Pearson

Century 21 Brainerd Realty

Last Buyer's Agent

Mark Sjoblom

Weichert Realtors Tower Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $252

Year Built

  • Built in 2014 | Under Construction

Lot Details

  • 3.24 Acre Lot
  • Lot Dimensions are 558x621x46
  • Irregular Lot
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 224010335

Home Details

Home Type

Single Family

Est. Annual Taxes

$252

Year Built

Built in 2014 | Under Construction

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Garage Door Opener
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 3.24
  • Construction: Under Construction-Spec Home
  • Foundation Size: 2332
  • Parcel Number: 224010335
  • Projected Closed Date: 09/26/2014
  • Stories: 1 Story
  • Taxes With Assessments: 252
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1232
  • Below Grade Finished Sq Ft: 1100
  • Total Fin Square Footage: 2332

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

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

Schools

  • School District: Pequot Lakes #186

Lot Info

  • Estimated Lot Dimensions: 558X621X46
  • Lot/Land Description: Irregular Lot, Tree Coverage - Heavy

Building Info

  • Year Built: 2014

Tax Info

  • Year: 2014
  • Tax Value: 252

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2018
Sold by
Gerlach Rodney P and Gerlah Cheryl A
Bought by
Jacobs Howard E and Jacobs Debra A
Current Estimated Value
$464,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,170
Outstanding Balance
$261,449
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$203,366

Purchase Details

Listed on
Jun 16, 2014
Closed on
Sep 29, 2014
Sold by
Loftis Scott Scott
Bought by
Gerlach Rodney Rodney
Seller's Agent
Linda Steffen
Century 21 Brainerd Realty
Buyer's Agent
Mark Sjoblom
Weichert Realtors Tower Properties
List Price
$194,900
Sold Price
$187,000
Premium/Discount to List
-$7,900
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$116,000
Interest Rate
4.2%

Purchase Details

Closed on
Aug 19, 2013
Sold by
Close Converse Llp
Bought by
Loftis Scott R and Loftis Susan M
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
Jacobs Howard E $265,000 --
Gerlach Rodney Rodney $187,000 --
Loftis Scott R -- Cygneture Title And Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobs Howard E $299,170
Previous Owner Gerlach Rodney Rodney $116,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2014 09/29/14 Sold $187,000 -4.1% $80 / Sq Ft
07/26/2014 07/26/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $194,900 -- $84 / 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
2024 $1,616 $342,700 $47,000 $295,700
2023 $1,606 $342,800 $47,000 $295,800
2022 $1,592 $342,800 $47,000 $295,800
2021 $1,508 $247,400 $43,000 $204,400
2020 $1,562 $219,800 $35,500 $184,300
2019 $1,410 $198,800 $35,500 $163,300
2018 $1,510 $209,900 $38,000 $171,900
2017 $1,312 $209,900 $38,000 $171,900
2016 $708 $0 $0 $0
2015 $708 $128,300 $38,000 $90,300
2014 $252 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Linda Steffen

    Century 21 Brainerd Realty

  • K

    Seller Co-Listing Agent in 2014

    Kelly Pearson

    Century 21 Brainerd Realty

  • M

    Buyer's Agent in 2014

    Mark Sjoblom

    Weichert Realtors Tower Properties

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4636809

REALTOR® Association of Southern Minnesota

APN: 22-401-0335

Minnesota Cass County Pequot Lakes 56472

1049 Mayo Rd SW, Pequot Lakes, MN

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