NOT LISTED FOR SALE

12924 Timber Ln Detroit Lakes, MN 56501

Estimated Value: $376,000 - $441,442

2 Beds
3 Baths
2,335 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $370,000 $158 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,279/month

54 Days on Market

Highlights

  • No HOA
  • Sitting Room
  • Walk-In Closet
  • Home Office
  • 3 Car Attached Garage
  • Storage Room

About This Home

As of October 2024

Are you ready to live near Lake Sallie and Lake Melissa in Shoreham? Well wait no longer, your opportunity is here! This beautifully maintained 2-bedroom home features 2 offices, 3 bathrooms, and an insulated attached 3-stall garage on a half acre. The main level offers the convenience of a primary bedroom with a walk-in closet and a private 3/4 bathroom. Entertain guests in the open floor plan, complete with a cozy sitting area featuring a wood fireplace that extends to a large deck and fenced backyard. Additionally, the main level includes a 3/4 bathroom with laundry facilities and a second bedroom. The lower level provides 2 finished offices, a family room, a 3/4 bathroom, and a spacious storage room. Notable features include a kitchen island, stainless steel appliances, steel siding with cedar shakes, central air conditioning, and a natural gas forced air furnace. Why wait when this would be the perfect home for you!

Last Agent to Sell the Property

Kayla Ulschmid

Keller Williams Realty Profess Listed on: 09/05/2024

Keller Williams Realty Profess

Last Buyer's Agent

Kayla Ulschmid

Keller Williams Realty Profess Listed on: 09/05/2024

Keller Williams Realty Profess

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1994

Lot Details

  • 0.53 Acre Lot
  • Chain Link Fence
  • Zoning described as Agriculture

Parking

  • 3 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shake Siding
  • Steel Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Sitting Room
  • Living Room
  • Home Office
  • Storage Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 191386708

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1248
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Concrete, Partially Finished, Sump Pump
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Fireplace Features: Wood Burning
  • Living Area: 2335
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1087
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Sitting Room, Bathroom, Walk In Closet, Primary Bathroom, Family Room, Storage, Office

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Concrete, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Tank with Drainage Field
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 23086.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Shake Siding, Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 191386708
  • Tax Annual Amount: 2146
  • TaxWithAssessments: 2226.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 29, 2024
Sold by
Will Lisa K and Will Corey L
Bought by
Gatheridge Robert J and Gatheridge Beth L
Seller's Agent
Kayla Ulschmid
Keller Williams Realty Profess
Buyer's Agent
Kayla Ulschmid
Keller Williams Realty Profess
List Price
$399,000
Sold Price
$370,000
Premium/Discount to List
-$29,000
-7.27%
Views
72
Current Estimated Value
$396,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,611
Avg. Annual Appreciation
6.91%
Original Mortgage
$333,000
Outstanding Balance
$329,666
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$66,945

Purchase Details

Closed on
Mar 24, 2017
Sold by
1237 Bros Llc
Bought by
Will Lisa K and Will Corey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2015
Sold by
Fiterman John John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.98%

Purchase Details

Closed on
Feb 22, 2006
Sold by
Moe Bruce B and Moe Mary L
Bought by
Fiterman John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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
Gatheridge Robert J $370,000 Minnesota Title
Gatheridge Robert J $370,000 Minnesota Title
Will Lisa K $242,500 None Available
-- $235,000 --
Fiterman John $241,000 Becker County Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatheridge Robert J $333,000
Closed Gatheridge Robert J $333,000
Previous Owner Will Lisa K $105,000
Previous Owner -- $232,500
Previous Owner Fiterman John $191,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $370,000 -1.3% $158 / Sq Ft
09/16/2024 09/16/24 Price Changed $374,900 -6.0% $161 / Sq Ft
09/05/2024 09/05/24 For Sale $399,000 -- $171 / 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 $2,310 $383,000 $57,400 $325,600
2024 $2,226 $350,800 $41,200 $309,600
2023 $2,298 $332,800 $41,200 $291,600
2022 $2,420 $312,200 $39,200 $273,000
2021 $2,224 $277,200 $39,200 $238,000
2020 $2,284 $277,200 $39,200 $238,000
2019 $2,154 $279,700 $39,200 $240,500
2018 $1,442 $259,500 $45,500 $214,000
2017 $1,636 $206,500 $40,500 $166,000
2016 $1,528 $206,700 $36,100 $170,600
2015 $1,432 $182,900 $36,100 $146,800
2014 -- $175,500 $33,500 $142,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6596339

NorthstarMLS

APN: R191386708