NOT LISTED FOR SALE

1321 S Darling Dr NW Unit 5 Alexandria, MN 56308

Estimated Value: $276,000 - $911,000

3 Beds
1.5 Baths
693 Sq Ft
$782/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $400,000 $577 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,206/month

Highlights

  • 159 Feet of Waterfront
  • Beach
  • Living Room
  • Dock Facilities
  • Stainless Steel Appliances
  • Guest Parking

About This Home

As of July 2023

Great opportunity to get on the Chain! Rent this one out, keep it for yourself or both. Enjoy the front row in this small, 8 owner Co-Op Association. This 3 Bedroom Cabin is year round and has been remodeled down to the studs, improvements are vast: Sheet Rock Walls and Ceilings, New Electric, Light Fixtures, 1/2 Bath added, On Demand Water Heater, Central Air, New Appliances including Washer and Dryer, New Floors and Cabinets. All expenses are covered in the monthly dues including taxes, insurance, electricity, yard, playground, snow removal, docks in/out, common area improvements. You get beautiful views of the lake, a private deck, a private boat slip, room in the 2 storage garages, diving raft and a sandy swimming area. A professional management company is in place for long and short term rentals.

Last Agent to Sell the Property

Shelly Karnis

Counselor Realty Inc of Alex Listed on: 05/25/2023

Last Buyer's Agent

Carl Kvale

Kvale Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,870

Year Built

  • Built in 1949

Lot Details

  • 0.83 Acre Lot
  • 159 Feet of Waterfront
  • Lake Front

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • Metal Roof
  • Steel Siding

Interior Spaces

  • 693 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Dock Facilities

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Shared Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 270583000

Community Details

Overview

  • Association fees include air conditioning, beach access, maintenance structure, dock, electricity, hazard insurance, lawn care, ground maintenance, parking, trash, shared amenities, snow removal, taxes, water
  • Shady Lawn Resort Llc Association, Phone Number (320) 808-7459
  • Mapleton Subdivision

Amenities

  • Community Deck or Porch

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,870

Year Built

Built in 1949

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: Shared System, Well
  • Association Amenities: Beach, Deck, Dock, Security Lighting
  • Fee Frequency: Monthly
  • Year Built: 1949
  • Above Grade Finished Sq Ft: 693
  • Water Body Name: Darling
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Living Area: 693
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 693.00

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Metal
  • View: Lake, West
  • Lake Bottom: Hard,Sand,Excellent Sand
  • LakeChain: Y
  • Waterfront Frontage: 159
  • Lake Chain Acreage: 7404
  • Lake Chain Name: Alexandria

Garage/Parking

  • Parking Features: Assigned, Asphalt, Guest Parking, Parking Lot

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Air Conditioning, Beach Access, Maintenance Structure, Dock, Electricity, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Trash, Shared Amenities, Snow Removal, Taxes, Water
  • Phone: 320-808-7459
  • Association Fee: 408
  • Association: Yes
  • Amenities Unit: Deck,Dock,Boat Slip

Association/Amenities

  • HOA Management Co: Shady Lawn Resort LLC

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 165 253 159 250
  • Lot Size Sq Ft: 36154.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 270583000
  • Tax Annual Amount: 9870
  • TaxWithAssessments: 9870.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2020
Sold by
Hometown Synergy Llc
Bought by
Shady Lawn Resort Lake Darling Llc
Current Estimated Value
$542,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$515,186
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$26,814

Purchase Details

Closed on
Nov 25, 2008
Sold by
Rustand Kelley
Bought by
Rustand Glen and Rustand Glen T

Purchase Details

Closed on
May 2, 2005
Sold by
Rustand Kelley
Bought by
Rustand Glen

Purchase Details

Closed on
Mar 1, 2005
Sold by
Rustand Norman and Rustand Janice
Bought by
Rustand Glen and Rustand Kelley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shady Lawn Resort Lake Darling Llc -- None Available
Hometown Synergy Llc $800,000 Integrity Title Inc
Rustand Glen -- None Available
Rustand Glen -- None Available
Rustand Glen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hometown Synergy Llc $640,000
Closed Shady Lawn Resort Lake Darling Llc $350,000
Previous Owner Rustand Glen $322,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2023 07/05/23 Sold $400,000 +3.9% $577 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $385,000 -- $556 / 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 $11,328 $1,190,200 $585,100 $605,100
2024 $11,328 $1,137,100 $559,700 $577,400
2023 $10,792 $1,026,100 $508,800 $517,300
2022 $9,870 $909,300 $483,400 $425,900
2021 $9,116 $759,500 $428,500 $331,000
2020 $9,680 $722,900 $415,600 $307,300
2019 $9,308 $748,800 $432,500 $316,300
2018 $8,652 $730,400 $419,000 $311,400
2017 $8,260 $703,000 $419,000 $284,000
2016 $8,654 $672,404 $406,430 $265,974
2015 $8,826 $0 $0 $0
2014 -- $690,300 $432,500 $257,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6376847

NorthstarMLS

APN: 27-0583-000