NOT LISTED FOR SALE

1215 Mayo Rd SW Pequot Lakes, MN 56472

Estimated Value: $558,000 - $731,000

4 Beds
3.5 Baths
3,099 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $507,000 $164 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,403/month

6 Days on Market

Highlights

  • No HOA
  • The kitchen features windows
  • Living Room
  • Home Office
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of July 2023

This beautifully appointed and newly updated walkout ranch style home sits on a 2.7 acre wooded lot with an attached heated 2 car garage, and a 30x40 detached concrete floor garage for all the toys. Updates include new roof and siding, an addition to the main bedroom suite, and a large stamped concrete patio and fire pit. The home features a stone gas fireplace in the family room, maple cabinetry, 6 panel doors, hickory hardwood floors and ceramic tile flooring. The 17x14 deck and concrete patio over look 280 acres of state and tax forfeited land. This property has a nature trail, including stands for bird watching or deer hunting.

Last Agent to Sell the Property

Jeffrey Johnson

Breezy Point Real Estate Listed on: 06/01/2023

Last Buyer's Agent

Neal Leagjeld

Coldwell Banker Crown Realtors

Coldwell Banker Crown Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 2005

Lot Details

  • 2.7 Acre Lot
  • Lot Dimensions are 354x448x321x337
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Utility Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Water Softener is Owned

Community Details

  • No Home Owners Association
  • Mayo Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 224000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 2005

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: Drilled, Private
  • Fee Frequency: N/A
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1699
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 3099
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1400
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry, Study, Office, Utility Room, Other Room

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Other Structures: Pole Building
  • ConstructionMaterialsDesc: Concrete,Frame,Stone

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Propane
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Tile Floors

Schools

  • Junior High Dist: Pequot Lakes
  • SchoolDistrictPhone: 218-568-4996

Lot Info

  • Topography: Level,Sloped
  • PropertyAttachedYN: No
  • Lot Size: 354x448x321x337
  • Lot Size Sq Ft: 117612
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 224000240
  • Tax Annual Amount: 2200
  • TaxWithAssessments: 2266.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 21, 2023
Sold by
Schmidt Benjamin
Bought by
Jorgensen Michael and Jorgensen Melissa
Seller's Agent
Jeffrey Johnson
Breezy Point Real Estate
Buyer's Agent
Neal Leagjeld
Coldwell Banker Crown Realtors
List Price
$509,000
Sold Price
$507,000
Premium/Discount to List
-$2,000
-0.39%
Views
15
Current Estimated Value
$608,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,322
Avg. Annual Appreciation
8.36%
Original Mortgage
$350,000
Outstanding Balance
$341,526
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$266,796

Purchase Details

Closed on
Oct 31, 2019
Sold by
Anderson Kevin J and Anderson Alexis J
Bought by
Schmidt Benjamin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2011
Sold by
Huser Jacob J and Huser Katie M
Bought by
Endicott David N and Endicott Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Kipka Greg and Kipka Frances
Bought by
Huser Jacob J and Huser Katie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,142
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
Vanalbrecht Builders Inc
Bought by
Kipka Greg and Kipka Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,631
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 20, 2005
Sold by
Close Converse Llp
Bought by
Vanalbrecht Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.07%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Jorgensen Michael $507,000 --
Schmidt Benjamin J $310,000 Elite Title & Escrow Corport
Endicott David N $210,000 Multiple
Huser Jacob J $213,000 None Available
Kipka Greg $206,312 Complete Title Services Llc
Vanalbrecht Builders Inc $35,251 Cygneture Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Michael $350,000
Previous Owner Schmidt Benjamin J $229,000
Previous Owner Endicott David N $168,000
Previous Owner Huser Jacob J $209,142
Previous Owner Kipka Greg $20,631
Previous Owner Kipka Greg $166,040
Previous Owner Vanalbrecht Builders Inc $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/21/2023 07/21/23 Sold $507,000 -0.4% $164 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $509,000 -- $164 / 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 $2,434 $503,400 $42,000 $461,400
2023 $2,396 $508,500 $42,000 $466,500
2022 $2,346 $508,500 $42,000 $466,500
2021 $1,898 $354,900 $38,000 $316,900
2020 $1,974 $271,200 $38,000 $233,200
2019 $1,856 $255,400 $38,000 $217,400
2018 $1,946 $264,700 $36,000 $228,700
2017 $1,704 $264,700 $36,000 $228,700
2016 $1,202 $0 $0 $0
2015 $1,202 $196,200 $36,000 $160,200
2014 $980 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6380667

NorthstarMLS

APN: 22-400-0240