NOT LISTED FOR SALE

10516 Shady Hills Trail Brainerd, MN 56401

Estimated Value: $662,000 - $879,000

3 Beds
2.5 Baths
2,167 Sq Ft
$349/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $810,000 $374 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,340/month

8 Days on Market

Highlights

  • 101 Feet of Waterfront
  • RV Access or Parking
  • 39,204 Sq Ft lot
  • Lowell Elementary School Rated A-
  • Lake View
  • Deck

About This Home

As of May 2024

WE ARE GOING ACTIVE EARLY! Welcome to this 2013 custom built walkout rambler situated on 0.9-acre lot with 101’ of lakeshore on peaceful Gilbert Lake. Impeccable one level living featuring an open main level floorplan. As you enter the home first view is the beautiful lake through the living room picture window. The vaulted LR offers a stone front wood burning fireplace, wood planked ceiling; engineered hardwood flooring and custom cabinetry throughout. Spacious kitchen with all the bells and whistles, full pantry and access to the three seasoned side porch. Main level primary ensuite and laundry room. The walkout lower level features a family room, two beds & a large storage room that could make an ideal workout space. Oversized heated 2 car garage (28 x 26) with a 26 x 12 above garage storage. 40' dock is included in the sale. Lovingly landscaped yard with beautiful flowering plants and just a quick drive to downtown Brainerd and Baxter. A place you will love to call home.

Last Agent to Sell the Property

Stacy Elmquist

Edina Realty, Inc. Listed on: 03/11/2024

Edina Realty, Inc.

Last Buyer's Agent

Stacy Elmquist

Edina Realty, Inc. Listed on: 03/11/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 2013

Lot Details

  • 0.9 Acre Lot
  • 101 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • RV Access or Parking

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Storage Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain
  • Basement Window Egress

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 99260502

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,158

Year Built

Built in 2013

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: Private, Well
  • Year Built: 2013
  • Above Grade Finished Sq Ft: 1204
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Egress Window(s), Finished, Full, Concrete, Sump Pump, Walkout
  • Appliances: Dishwasher, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 2167
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 963
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Three Season Porch, Bedroom 1, Laundry, Family Room, Bedroom 2, Bedroom 3, Storage, Deck, Patio

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, Panoramic
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Concrete
  • PatioPorchType: Deck,Front Porch,Patio,Porch,Screened,Side Porch
  • Lake Acres: 480
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 101

Garage/Parking

  • Parking Features: Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
  • Garage Square Feet: 728
  • Garage Door Height: 8

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas
  • Power Company: Brainerd Public Utilities

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Porch,Panoramic View,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 39204
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Fiber Cement

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 99260502
  • Tax Annual Amount: 4158
  • TaxWithAssessments: 4158.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
May 28, 2024
Sold by
Loren Refsland And Lu Refsland Family Tr and Refsland Loren
Bought by
Brekken Robert and Brekken Michelle S
Seller's Agent
Stacy Elmquist
Edina Realty, Inc.
Buyer's Agent
Stacy Elmquist
Edina Realty, Inc.
List Price
$800,000
Sold Price
$810,000
Premium/Discount to List
$10,000
1.25%
Views
23
Current Estimated Value
$756,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,186
Avg. Annual Appreciation
-6.56%
Original Mortgage
$766,550
Outstanding Balance
$757,045
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
-$17,469
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
Brekken Robert $810,000 Titlesmart Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brekken Robert $766,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $810,000 0.0% $374 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/15/2024 03/15/24 Off Market $810,000 -- --
03/13/2024 03/13/24 For Sale $800,000 -- $369 / 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
2025 $3,918 $828,600 $324,000 $504,600
2024 $3,918 $622,400 $257,000 $365,400
2023 $4,158 $667,200 $298,800 $368,400
2022 $3,282 $626,500 $246,300 $380,200
2021 $3,298 $394,500 $168,500 $226,000
2020 $3,368 $376,000 $159,300 $216,700
2019 $3,144 $378,900 $158,800 $220,100
2018 $2,818 $357,400 $149,300 $208,100
2017 $2,764 $340,881 $143,958 $196,923
2016 $2,628 $313,300 $137,900 $175,400
2015 $2,404 $269,500 $96,000 $173,500
2014 $204 $51,000 $51,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6501550

NorthstarMLS

APN: 970263305DB0009