NOT LISTED FOR SALE

11125 116th Ln Finlayson, MN 55735

Estimated Value: $200,000 - $292,000

1 Bed
1 Bath
821 Sq Ft
$309/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $260,000 $317 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,491/month

1 Day on Market

Highlights

  • Deck
  • Screened Porch
  • Patio
  • No HOA
  • The kitchen features windows
  • Forced Air Heating System

About This Home

As of May 2022

Lake life is calling at this beautiful, extensively renovated cottage! Turn-key and surrounded by mature trees on over 1.5 acres this year round cabin is right across the road from Pine Lake and just a short drive to the public landing! You'll love hosting family and friends in this charming A-Frame with brand new quartz counter tops, new flooring, new appliances, brand new siding and roof, new doors, new fireplace, new lighting and so much more! A convenient screenhouse with running water, full counter and huge dining area is just outside the back entrance and a spacious bunkhouse above the garage can sleep up to 10 people! Incredible VRBO or short term rental possibilities here with fun recreation right around the corner in Banning State park, the Munger Trail or simply enjoy the well maintained hot tub, bonfires, fishing and snowmobiling at your cabin in the woods!

Last Listed By

Brian Johnson

Edina Realty, Inc. Listed on: 04/02/2022

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $854

Year Built

  • Built in 1980

Lot Details

  • 1.54 Acre Lot
  • Lot Dimensions are 368x249x198x302

Parking

  • 2 Car Garage

Interior Spaces

  • 821 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Propane
  • Well

Community Details

  • No Home Owners Association
  • Big Pine Lake Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 341066100

Home Details

Home Type

Single Family

Est. Annual Taxes

$854

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 821
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Fuel Tank - Owned, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Electric, Living Room
  • Living Area: 821
  • Fireplace: Yes
  • Dining Room Type: Living Room, Bedroom 1, Screened Porch, Deck, Patio
  • SqFtTotal: 821.00

Beds/Baths

  • Total Bedrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Bunk House, Hot Tub, Pole Building, Screenhouse

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 1120

Utilities

  • Heating: Forced Air
  • Sewer: Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hot Tub,Kitchen Window,Patio,Porch,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Hinckley-Finlayson
  • SchoolDistrictNumber: 2165
  • SchoolDistrictPhone: 320-384-6277

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 368x249x198x302
  • Lot Size Sq Ft: 67213.08
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 341066100
  • Tax Annual Amount: 854
  • TaxWithAssessments: 854.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2022
Closed on
May 4, 2022
Sold by
Fett Kelsey and Fett Timothy
Bought by
Dutton Gregory and Mclaughlin Gillian
Seller's Agent
Brian Johnson
Edina Realty, Inc.
Buyer's Agent
Jessica Moren
Keller Williams Classic Rlty NW
List Price
$225,000
Sold Price
$260,000
Premium/Discount to List
$35,000
15.56%
Total Days on Market
1
Current Estimated Value
$253,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,076
Avg. Annual Appreciation
1.63%
Original Mortgage
$175,275
Outstanding Balance
$167,074
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$105,867

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 10, 2021
Sold by
Gillitzer Kelly Kelly
Bought by
Fett Kelsey Kelsey
Seller's Agent
Brooke Boss
Keller Williams Select Realty
Buyer's Agent
Brian Johnson
Edina Realty, Inc.
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.63%
Original Mortgage
$185,000
Interest Rate
2.88%

Purchase Details

Closed on
Aug 1, 1999
Bought by
Gillitzer Richard

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
Dutton Gregory $260,000 --
Fett Kelsey Kelsey $185,000 --
Gillitzer Richard $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dutton Gregory $175,275
Previous Owner Fett Kelsey Kelsey $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $260,000 +15.6% $317 / Sq Ft
04/03/2022 04/03/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $225,000 +21.6% $274 / Sq Ft
09/15/2021 09/15/21 Sold $185,000 +5.7% $225 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $175,000 -- $213 / 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 $1,000 $147,700 $38,500 $109,200
2023 $862 $155,300 $34,200 $121,100
2022 $854 $124,800 $33,100 $91,700
2021 $780 $96,800 $27,300 $69,500
2020 $748 $86,100 $26,100 $60,000
2019 $668 $79,200 $25,100 $54,100
2018 $636 $71,000 $25,400 $45,600
2017 $590 $68,300 $25,300 $43,000
2016 $570 $66,100 $25,800 $40,300
2014 $602 $72,500 $29,300 $43,200
2012 $4 $84,200 $30,000 $54,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6172763

NorthstarMLS

APN: 34-1-066100