NOT LISTED FOR SALE

12698 Homestead Rd Merrifield, MN 56465

Estimated Value: $160,000 - $180,000

16 Acres
$10,938 Price per Acre
676,487 Sq Ft Lot

Last Sold April 08, 2024

Last sale price $164,500

Est. 3% increase in value since last sale

Current estimated payment $1,016/month

285 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Cul-De-Sac
  • Beach Access

About This Lot

As of April 2024

Peaceful 15.54 acres of land with over 1000 feet of lakeshore on Bass Lake. Mature trees, side-by-side trails, wildlife. Two building entitlements for your new home or cabin. Land is a combination of high and level ground as well as wetland area. Existing boardwalk traverse wetland to gain better access to the lake. Bass Lake boasts excellent fishing for northern pike, bass, sunfish, and more! Adjoining 6.23 acres of wooded land (additional building entitlement) with 360 feet of lakeshore also available for sale (MLS #6370682).

Last Listed By

Christy Kowalzek

Coldwell Banker Realty Brokerage Phone: 612-619-1910 Listed on: 05/15/2023

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $858

Lot Details

  • Lot Dimensions are 790x730x1020x1600
  • Lake Front
  • Cul-De-Sac
  • Unpaved Streets

Listing and Financial Details

  • Assessor Parcel Number 531220010060009

Community Details

Overview

  • No Home Owners Association
  • Homestead The Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$858

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Bass Lake (18030600)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Attribution Contact: 612-619-1910
  • Attribution Contact: 612-619-1910
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted,Soil Test Available

Exterior Features

  • Lake Acres: 399
  • Lake Bottom: Reeds,Sand,Soft
  • LakeChain: N

Utilities

  • Utilities: None Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Topography: High Ground,Level,Low Land,Wooded
  • Waterfront YN: Yes
  • Lot Size: 790x730x1020x1600
  • Land Lease: No
  • Lot Features: Additional Land Available, Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Lot,Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 531220010060009
  • Tax Annual Amount: 858
  • TaxWithAssessments: 1002.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Apr 8, 2024
Sold by
Ngr Llc
Bought by
M & D Investment Co
Seller's Agent
Christy Kowalzek
Coldwell Banker Realty
Buyer's Agent
James Christensen
Kurilla Real Estate LTD
List Price
$169,900
Sold Price
$164,500
Premium/Discount to List
-$5,400
-3.18%
Total Days on Market
285
Views
165
Current Estimated Value
$169,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,367
Avg. Annual Appreciation
3.05%
Original Mortgage
$246,750
Outstanding Balance
$42,368
Interest Rate
7.22%
Mortgage Type
Construction
Estimated Equity
$127,499

Purchase Details

Closed on
Jun 1, 2005
Bought by
Ngr Llc

Range of Values:

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Average Value
Not Available
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
M & D Investment Co $164,500 First American Title Insurance
Ngr Llc $129,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Md Investments Llc $246,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $164,500 -3.2% --
02/28/2024 02/28/24 Pending -- -- --
05/19/2023 05/19/23 For Sale $169,900 -- --
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 $902 $151,700 $145,700 $6,000
2023 $902 $124,800 $118,800 $6,000
2022 $754 $115,400 $108,900 $6,500
2021 $776 $74,400 $69,900 $4,500
2020 $742 $75,000 $70,500 $4,500
2019 $820 $69,900 $69,900 $0
2018 $772 $79,400 $79,400 $0
2017 $1,112 $79,500 $79,500 $0
2016 $1,146 $114,700 $114,700 $0
2015 $1,164 $114,700 $114,700 $0
2014 $549 $107,100 $107,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Christy Kowalzek

    Seller's Agent in 2024

    Christy Kowalzek

    Coldwell Banker Burnet

    (612) 619-1910

    125 Total Sales

    Christy Kowalzek
    Section Image
  • James Christensen

    Buyer's Agent in 2024

    James Christensen

    Kurilla Real Estate LTD

    (218) 820-2147

    386 Total Sales

    James Christensen
    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6370702

NorthstarMLS

APN: 531220010060009

Minnesota Crow Wing County Merrifield 56441

12698 Homestead Rd, Merrifield, MN

Homes for Sale in Merrifield, MN

This home is located at 12698 Homestead Rd, Merrifield, MN 56465 since 15 May 2023 and is currently estimated at $169,867. 12698 Homestead Rd is a home located in Crow Wing County with nearby schools including Garfield Elementary School, Forestview Middle School, and Brainerd Senior High School.

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