NOT LISTED FOR SALE

12387 Lakeview Ln Merrifield, MN 56465

Estimated Value: $1,099,000 - $1,476,000

3 Beds
2 Baths
2,583 Sq Ft
$525/Sq Ft Est. Value

Last Sold October 23, 2013

Last sale price $650,250 $252 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,694/month

209 Days on Market

Highlights

  • 202 Feet of Waterfront
  • Vaulted Ceiling
  • 8 Car Detached Garage
  • Deck
  • Wood Flooring
  • Woodwork

About This Home

As of October 2013

Completely remodeled Pelican Lake Log home w/ 202' of lake shore on a 2+ acre lot. Home features new custom cabinets, granite countertops, hardwood floors, vaulted ceilings, tiled showers, ceramic tile, two fireplaces, full W/O basement & a sand beach.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 03/19/2013

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 03/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 1976

Lot Details

  • 2.02 Acre Lot
  • Lot Dimensions are 202x510x20
  • 202 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Many Trees

Parking

  • 8 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Open Floorplan
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 820131101G00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,116

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 2.02
  • Assessment Balance: 15
  • Construction: Previously Owned
  • Foundation Size: 1120
  • Parcel Number: 820131101G00009
  • Projected Closed Date: 10/23/2013
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Lane
  • Taxes With Assessments: 5131
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 22x16, On Level: Main
  • Room 2: Dining Room, 14x12, On Level: Main
  • Room 3: Family Room, 25x20, On Level: Lower
  • Room 4: Kitchen, 15x14, On Level: Main
  • Room 5: Bedroom, 12x11, On Level: Main
  • Room 6: Bedroom, 12x11, On Level: Main
  • Room 7: 13x10, On Level: Lower
  • Room 8: Bedroom, 28x15, On Level: Upper
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1530
  • Below Grade Finished Sq Ft: 1053
  • Total Fin Square Footage: 2583

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 8367.35
  • Waterfront Name: Pelican
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 202
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 8

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pequot Lakes #186

Lot Info

  • Estimated Lot Dimensions: 202x510x20
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2012
  • Tax Value: 5116

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Legacy Lakehouse Llc
Bought by
Leblanc Anthony J and Leblanc Michaela J
Current Estimated Value
$1,355,071

Purchase Details

Listed on
Mar 19, 2013
Closed on
Oct 23, 2013
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$829,900
Sold Price
$650,250
Premium/Discount to List
-$179,650
-21.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$350,000
Interest Rate
4.59%

Purchase Details

Listed on
Mar 19, 2013
Closed on
Oct 1, 2013
Bought by
Legacy Lakehouse Llc
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$829,900
Sold Price
$650,250
Premium/Discount to List
-$179,650
-21.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.59%

Purchase Details

Closed on
Jun 1, 2000
Bought by
May Steven J and May Cin
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
Leblanc Anthony J $705,000 --
-- $650,300 --
Legacy Lakehouse Llc $650,300 --
May Steven J $510,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner -- $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2013 10/23/13 Sold $650,250 -21.6% $252 / Sq Ft
10/14/2013 10/14/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $829,900 -- $321 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $7,054 $1,316,400 $957,300 $359,100
2024 $7,054 $1,288,100 $943,300 $344,800
2023 $6,660 $1,138,700 $796,700 $342,000
2022 $5,990 $1,143,700 $782,800 $360,900
2021 $5,748 $804,600 $592,400 $212,200
2020 $5,818 $727,800 $526,300 $201,500
2019 $7,336 $764,600 $653,300 $111,300
2018 $7,136 $862,300 $653,300 $209,000
2017 $6,930 $844,300 $637,300 $207,000
2016 $6,828 $794,000 $599,300 $194,700
2015 $6,230 $727,300 $537,900 $189,400
2014 $3,179 $726,600 $537,900 $188,700
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4451610

REALTOR® Association of Southern Minnesota

APN: 820131101G00009