NOT LISTED FOR SALE

10551 Gilbert Shores Dr Brainerd, MN 56401

Estimated Value: $450,000 - $502,000

4 Beds
2 Baths
2,716 Sq Ft
$173/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $440,000 $162 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,724/month

142 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 150 Feet of Waterfront
  • Family Room with Fireplace
  • Lowell Elementary School Rated A-
  • 51,836 Sq Ft lot
  • No HOA

About This Home

As of September 2024

With great proximity to both Brainerd and Baxter, this 4 bedroom, 2 bath offers immediate access to Pond and 1/16th ownership on Gilbert Lake. Home is ideally located to all that the Brainerd Lakes Area has to offer. Tasteful updates throughout this well maintain home while offering hints of its original design era. There is plenty of privacy while you take in the surrounding outdoors and lake views from this home. Step out for a little quiet time on your deck or invite friends and family for an evening BBQ and enjoy summer breezes with a cozy campfire and the sounds of loons and lake life.

Last Agent to Sell the Property

Mike Kennedy

Edina Realty, Inc. Listed on: 04/16/2024

Edina Realty, Inc.

Co-Listed By

Crystal Stahl

Edina Realty, Inc.

Last Buyer's Agent

Mike Kennedy

Edina Realty, Inc. Listed on: 04/16/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1977

Lot Details

  • 1.19 Acre Lot
  • Lot Dimensions are 109x413x120x387
  • 150 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Finished Basement
  • Basement Window Egress

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Gilbert Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 99260553

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,653

Year Built

Built in 1977

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: 2
  • Water Source: Submersible - 4 Inch
  • Year Built: 1977
  • Above Grade Finished Sq Ft: 1970
  • Water Body Name: Gilbert
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Washer
  • Fireplace Features: Two Sided, Family Room, Gas, Living Room
  • Living Area: 2716
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 746
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Workshop

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Panoramic
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck,Patio
  • Lake Acres: 356
  • Lake Bottom: Hard,Sand,Soft,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 462

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Porch,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 109x413x120x387
  • Lot Size Sq Ft: 51836.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 99260553
  • Tax Annual Amount: 2653
  • TaxWithAssessments: 2678.0000

Multi Family

  • WaterfrontFeatures: Deeded Access, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Sep 30, 2024
Sold by
Hanson Kyle and Dolphin Colleen
Bought by
Stevenson Taylor
Seller's Agent
Mike Kennedy
Edina Realty, Inc.
Buyer's Agent
Mike Kennedy
Edina Realty, Inc.
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Views
159
Current Estimated Value
$470,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,722
Avg. Annual Appreciation
6.98%
Original Mortgage
$352,000
Outstanding Balance
$337,798
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$132,924

Purchase Details

Closed on
Nov 9, 2018
Sold by
Ford Karen A
Bought by
Hanson Dee J
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
Stevenson Taylor $440,000 Edina Realty Title Inc
Hanson Dee J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Taylor $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $440,000 -2.2% $162 / Sq Ft
09/05/2024 09/05/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $450,000 -5.3% $166 / Sq Ft
04/16/2024 04/16/24 For Sale $475,000 -- $175 / 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 $2,740 $436,700 $89,700 $347,000
2024 $2,740 $457,100 $80,500 $376,600
2023 $2,390 $451,500 $80,100 $371,400
2022 $2,560 $376,900 $45,100 $331,800
2021 $2,490 $313,600 $40,600 $273,000
2020 $2,270 $290,800 $40,200 $250,600
2019 $2,260 $264,400 $37,600 $226,800
2018 $2,166 $264,700 $37,800 $226,900
2017 $2,082 $260,112 $57,305 $202,807
2016 $2,152 $255,200 $61,500 $193,700
2015 $2,114 $243,200 $61,100 $182,100
2014 $1,008 $243,200 $61,100 $182,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6507503

NorthstarMLS

APN: 991640020010009