NOT LISTED FOR SALE

1105 Magnolia Ln Unit 8 Park Rapids, MN 56470

Estimated Value: $354,768 - $428,000

3 Beds
2 Baths
1,782 Sq Ft
$217/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $325,000 $182 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,621/month

689 Days on Market

Highlights

  • 803 Feet of Waterfront
  • Lake View
  • Porch
  • Beach
  • The kitchen features windows
  • 2 Car Attached Garage

About This Home

As of June 2020

LH4670 Beautiful 3 bedroom 2 bath home all on one level is located in a planned unit development within the city limits of Park Rapids. Nestled in the pines and right on the water's edge of Fish Hook Bay. You don't need to do anything except relax, go fishing or watch the birds and the deer.

Last Listed By

Marvel Haynes

Coldwell Banker Crown Realtors Brokerage Email: clackdennisbroker@gmail.com Listed on: 06/13/2018

Coldwell Banker Crown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 2013

Lot Details

  • 436 Sq Ft Lot
  • 803 Feet of Waterfront
  • Lake Front

HOA Fees

  • $155 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,782 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 329200800

Community Details

Overview

  • Association fees include ground maintenance, trash, lawn care
  • Baywoods Condominium Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,702

Year Built

Built in 2013

Lot Details

0

HOA Fees

$155 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Doors 36"+, Hallways 42"+, Door Lever Handles, No Stairs Internal
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Beach, Porch
  • Fee Frequency: Monthly
  • Year Built: 2013
  • Above Grade Finished Sq Ft: 1782
  • Water Body Name: Mud Lake (29025100)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: clackdennisbroker@gmail.com
  • Attribution Contact: clackdennisbroker@gmail.com
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1782
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Lake Acres: 66
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 803

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Trash, Lawn Care
  • Association Fee: 155
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Natural Woodwork,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Baywoods Condominium Association

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictNumber: 309
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x Irregular
  • Lot Size Sq Ft: 435.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2020
  • Assessor Parcel Number: 329200800
  • Tax Annual Amount: 3702
  • TaxWithAssessments: 4330.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Mckinnon Joseph S and Mckinnon Joan E
Bought by
Given Not
Total Days on Market
689
Current Estimated Value
$386,692

Purchase Details

Listed on
Jun 13, 2018
Closed on
Jun 8, 2020
Sold by
Nancy K Hoff T
Bought by
Mckinnon Joseph S and Mckinnon Joan E
Seller's Agent
Marvel Haynes
Coldwell Banker Crown Realtors
Buyer's Agent
Team Montgomery
218 Real Estate
List Price
$384,900
Sold Price
$325,000
Premium/Discount to List
-$59,900
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$99,000
Interest Rate
2.8%
Mortgage Type
New Conventional

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
Given Not $99,000 --
Mckinnon Joseph S $325,000 None Available
Mckinnon Joseph Joseph $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinnon Joseph S $99,000
Closed Mckinnon Joseph Joseph $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $325,000 -4.4% $182 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
04/21/2020 04/21/20 Price Changed $339,900 -2.9% $191 / Sq Ft
05/31/2019 05/31/19 Price Changed $350,000 -9.1% $196 / Sq Ft
12/21/2018 12/21/18 For Sale $384,900 +18.4% $216 / Sq Ft
12/14/2018 12/14/18 Off Market $325,000 -- --
06/13/2018 06/13/18 For Sale $384,900 -- $216 / 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
2023 $3,866 $304,500 $58,200 $246,300
2022 $3,622 $298,800 $54,200 $244,600
2021 $3,494 $255,400 $54,600 $200,800
2020 $4,330 $233,800 $49,637 $184,163
2019 $4,738 $247,300 $50,300 $197,000
2018 $4,738 $273,300 $53,800 $219,500
2016 $4,068 $253,800 $65,600 $188,200
2015 $1,578 $110,600 $59,700 $50,900
2014 $945 $53,800 $53,700 $100
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 4966976

NorthstarMLS

APN: 32.92.00800