NOT LISTED FOR SALE

12995 Ossipee Rd Merrifield, MN 56465

Estimated Value: $326,000 - $454,000

2 Beds
1.5 Baths
1,040 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 12, 2012

Last sale price $51,000 $49 Per Sq Ft

Est. 659% increase in value since last sale

Current estimated payment $2,198/month

497 Days on Market

Highlights

  • Fireplace
  • 1-Story Property
  • Many Trees
  • Bathroom on Main Level
  • Baseboard Heating
  • Wood Siding

About This Home

As of October 2012

2 bedroom seasonal cabin on 3 acres near Merrifield. Private wooded lot perfect for a hunting retreat. Drop your boat in one of the nearby lakes for some fishing and then come home and relax in your own sauna

Last Agent to Sell the Property

Loreen Johnson

LakePlace.com-Crosslake Listed on: 05/09/2011

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • 1986

Lot Details

  • 3.06 Acre Lot
  • Lot Dimensions are 702 x 621
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Utilities

  • Baseboard Heating
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 531140020020009

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

1986

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 3.06
  • Assessment Balance: 15
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1040
  • Parcel Number: 531140020020009
  • Projected Closed Date: 10/12/2012
  • Stories: 1 Story
  • Taxes With Assessments: 573
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Fireplace: Yes
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 25x11, On Level: Main
  • Room 4: Kitchen, 25x11, On Level: Main
  • Room 5: Bedroom, 12x9'6, On Level: Main
  • Room 6: Bedroom, 11x9'6, On Level: Main
  • Finished Above Grade Sq Ft: 1040
  • Total Fin Square Footage: 1040

Exterior Features

  • Frontage Road: City, Paved
  • Exterior: Wood
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Natural Gas
  • Heat: Baseboard
  • Sewer: Private

Schools

  • School District: Crosby-Ironton #182

Lot Info

  • Estimated Lot Dimensions: 702 X 621
  • Lot/Land Description: Tree Coverage - Heavy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2011
Closed on
Oct 1, 2012
Sold by
Ollila Ronald M and Ollila Deborah
Bought by
Kline Geary R
Seller's Agent
Loreen Johnson
LakePlace.com-Crosslake
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$69,000
Sold Price
$51,000
Premium/Discount to List
-$18,000
-26.09%
Total Days on Market
497
Current Estimated Value
$387,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,288
Avg. Annual Appreciation
17.40%
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
Kline Geary R $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kline Geary R $101,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2012 10/12/12 Sold $51,000 -26.1% $49 / Sq Ft
09/17/2012 09/17/12 Pending -- -- --
05/09/2011 05/09/11 For Sale $69,000 -- $66 / 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
2024 $920 $300,400 $67,500 $232,900
2023 $1,346 $302,400 $56,000 $246,400
2022 $1,164 $312,700 $47,800 $264,900
2021 $1,116 $215,600 $41,600 $174,000
2020 $1,002 $206,700 $40,500 $166,200
2019 $596 $185,200 $39,700 $145,500
2018 $494 $138,300 $39,700 $98,600
2017 $504 $101,299 $29,250 $72,049
2016 $506 $100,400 $31,000 $69,400
2015 $524 $98,200 $30,800 $67,400
2014 $79 $40,700 $25,200 $15,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4042696

REALTOR® Association of Southern Minnesota

APN: 531140020020009