NOT LISTED FOR SALE

12547 Miltona Bay Rd NE Alexandria, MN 56308

Estimated Value: $1,388,000 - $1,400,000

5 Beds
5 Baths
4,200 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,225,000 $292 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $8,366/month

263 Days on Market

Highlights

  • 161 Feet of Waterfront
  • Beach Access
  • Loft
  • Miltona Elementary School Rated 10
  • Main Floor Primary Bedroom
  • 3 Fireplaces

About This Home

As of July 2023

This gorgeous 5 bedroom, 5 bathroom, 1 office home was made for entertaining with 3 fireplaces, 3 wet bars, a large living/game room, a casino room and multiple maintenance-free decks including the lakeside deck that runs the entire length of the home. The wall of windows in the main living room provides stunning views of the lake and 160 feet of level shoreline and a 50x30 sandy beach. Plus, there is a heated 3 car garage, two sheds, and endless storage in the four-foot-tall crawl space which also has an elevator! Lake Miltona is the largest lake in Douglas County and is known for great water clarity and fishing. This private 1.2 acre lot has multiple perennial gardens, a pond and 14 foot fountain. This property is only 15 minutes from Alexandria and 2 hours from the Twin Cities.

Last Agent to Sell the Property

Kim Kettler

Realty ONE Group Choice Listed on: 10/27/2022

Last Buyer's Agent

Daniel Lund

Move it Real Estate Group/Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,400

Year Built

  • Built in 1992

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 137 x 335 x 161 x 400
  • 161 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Additional Parcels

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Block Exterior

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Game Room
  • Utility Room Floor Drain

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Crawl Space
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Mini Split Air Conditioners
  • Propane
  • Private Water Source
  • Drilled Well
  • Gas Water Heater

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association
  • Miltona Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 420794000

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,400

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: Drilled, Private
  • Year Built: 1992
  • Above Grade Finished Sq Ft: 4200
  • Water Body Name: Miltona
  • Unit Levels: Modified Two Story
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: irregular
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Slab, Storage Space, Unfinished
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer
  • Fireplace Features: Gas
  • Living Area: 4200
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Foyer, Loft, Game Room, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • PatioPorchType: Composite Decking,Deck
  • Lake Acres: 5724
  • Lake Bottom: Gravel,Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 161

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Floor Drain, Garage Door Opener, Heated Garage
  • Garage Square Feet: 500

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Propane
  • Power Company: Alexandria Light & Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,Security Lights,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Schools

  • Junior High Dist: Alexandria
  • SchoolDistrictNumber: 206
  • SchoolDistrictPhone: 320-762-2141

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 137 x 335 x 161 x 400
  • Lot Size Sq Ft: 53840.16
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 420806000
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block, Fiber Cement

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 420794000
  • Tax Annual Amount: 11400
  • TaxWithAssessments: 11400.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2023
Sold by
Flexseals Inc
Bought by
Joseph Network Properties Llc
Current Estimated Value
$1,394,333

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jul 31, 2023
Sold by
Schulze Marital Trust
Bought by
Flexseals Inc
Seller's Agent
Kim Kettler
Realty ONE Group Choice
Buyer's Agent
Daniel Lund
Move it Real Estate Group/Lake
List Price
$1,499,000
Sold Price
$1,225,000
Premium/Discount to List
-$274,000
-18.28%
Views
184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%
Original Mortgage
$980,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2016
Sold by
Schulze Pelland Melissa Ann
Bought by
Schulze Marital Trust and Umb Bank Na

Purchase Details

Closed on
Sep 10, 2012
Sold by
Schulze Robert F and Schulze Linda M
Bought by
Schulze Robert F and Revocable Trust Of Robert F Sc
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
Joseph Network Properties Llc $500 Arden Title
Flexseals Inc $1,225,000 Arden Title
Schulze Marital Trust -- Attorney
Schulze Robert F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flexseals Inc $980,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $1,225,000 -5.7% $292 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $1,299,000 -7.1% $309 / Sq Ft
06/08/2023 06/08/23 Price Changed $1,399,000 -6.7% $333 / Sq Ft
11/04/2022 11/04/22 For Sale $1,499,000 -- $357 / 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
2025 $11,940 $1,450,800 $402,400 $1,048,400
2024 $11,940 $1,392,600 $384,300 $1,008,300
2023 $13,558 $1,445,200 $363,000 $1,082,200
2022 $11,400 $1,257,000 $304,600 $952,400
2021 $9,596 $1,073,600 $272,700 $800,900
2020 $9,456 $900,200 $256,800 $643,400
2019 $8,972 $880,500 $256,800 $623,700
2018 $8,542 $862,500 $256,800 $605,700
2017 $7,548 $832,400 $256,800 $575,600
2016 $7,772 $756,406 $249,096 $507,310
2015 $7,820 $0 $0 $0
2014 -- $737,400 $256,800 $480,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6303815

NorthstarMLS

APN: 42-0794-000