NOT LISTED FOR SALE

12443 Lakeview Ln Merrifield, MN 56465

Estimated Value: $1,049,000 - $2,198,446

4 Beds
3.5 Baths
5,087 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $722,500 $142 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $9,412/month

97 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Fireplace
  • Deck
  • Wood Flooring
  • 3 Car Attached Garage

About This Home

As of February 2014

What more could you ask for? This home offers hardwood floors, vaulted ceilings, master bed with its own private master bath. 2 lofts, a full finished basement with a wet bar and large family room. You won't believe it until you see it, call today!

Last Agent to Sell the Property

Lori Abear

REO Realty Listed on: 09/25/2013

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,045

Year Built

  • Built in 2001

Lot Details

  • 0.87 Acre Lot
  • Lot Dimensions are 370x100
  • Lake Front

Parking

  • 3 Car Attached Garage

Home Design

  • Log Siding

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Flooring
  • Home Security System
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 820131101DF0009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,045

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Security System, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.87
  • Assessment Balance: 15
  • Construction: Previously Owned
  • Foundation Size: 1981
  • Parcel Number: 820131101DF0009
  • Projected Closed Date: 02/21/2014
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Lane
  • Taxes With Assessments: 7060
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Main Floor 1/2 Bath, Private Master
  • Total Bathrooms: 4
  • Half Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Room 1: Living Room, 23x24, On Level: Main
  • Room 2: Dining Room, 12x15.6, On Level: Main
  • Room 3: Family Room, 23x24, On Level: Lower
  • Room 4: Kitchen, 11.6x15.6, On Level: Main
  • Room 5: Bedroom, 13.6x19, On Level: Main
  • Room 6: Bedroom, 14x22, On Level: Upper
  • Room 7: 12x12.6, On Level: Lower
  • Room 8: Bedroom, 12x14.6, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3106
  • Below Grade Finished Sq Ft: 1981
  • Total Fin Square Footage: 5087

Exterior Features

  • LakeAcres: 8367.35
  • Waterfront Name: Pelican
  • Exterior: Log
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Pequot Lakes #186

Lot Info

  • Estimated Lot Dimensions: 370x100

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2013
  • Tax Value: 7045

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2013
Closed on
Mar 1, 2014
Bought by
Shapiro Robert and Schmitz Lau
Seller's Agent
Lori Abear
REO Realty
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$849,900
Sold Price
$722,500
Premium/Discount to List
-$127,400
-14.99%
Current Estimated Value
$1,656,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,982
Avg. Annual Appreciation
7.38%
Original Mortgage
$722,500
Outstanding Balance
$550,168
Interest Rate
4.54%
Estimated Equity
$1,106,314

Purchase Details

Listed on
Sep 25, 2013
Closed on
Feb 21, 2014
Bought by
Shapiro Robert and Schmitz Laura
Seller's Agent
Lori Abear
REO Realty
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$849,900
Sold Price
$722,500
Premium/Discount to List
-$127,400
-14.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,500
Outstanding Balance
$550,168
Interest Rate
4.54%
Estimated Equity
$1,106,314

Purchase Details

Closed on
Aug 1, 2003
Sold by
Ramsey Charles R and Ramsey Martha F
Bought by
Owens Timothy P and Owens Rosita M

Purchase Details

Closed on
Jun 1, 2000
Sold by
Larson Gary I and Larson T
Bought by
Ramsey Charles R
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
Shapiro Robert $722,500 --
Shapiro Robert $722,500 --
Owens Timothy P $998,000 --
Ramsey Charles R $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shapiro Robert $722,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2014 02/21/14 Sold $722,500 -15.0% $142 / Sq Ft
12/31/2013 12/31/13 Pending -- -- --
09/25/2013 09/25/13 For Sale $849,900 -- $167 / 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 $8,690 $1,612,000 $769,900 $842,100
2024 $8,690 $1,636,800 $759,000 $877,800
2023 $8,606 $1,470,800 $631,100 $839,700
2022 $7,996 $1,536,600 $616,600 $920,000
2021 $7,944 $1,069,100 $467,600 $601,500
2020 $7,774 $964,900 $415,600 $549,300
2019 $7,562 $926,100 $396,100 $530,000
2018 $7,224 $885,500 $396,100 $489,400
2017 $7,058 $853,300 $386,600 $466,700
2016 $6,954 $806,700 $360,000 $446,700
2015 $6,814 $785,100 $278,000 $507,100
2014 $3,515 $792,100 $278,000 $514,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4538088

REALTOR® Association of Southern Minnesota

APN: 820131101DF0009