15384 E Summer Island Rd Lake Park, MN 56554
4
Beds
2
Baths
1,450
Sq Ft
10,019
Sq Ft Lot
Highlights
- 150 Feet of Waterfront
- 2 Fireplaces
- Living Room
- Deck
- No HOA
- 1-Story Property
About This Home
As of May 2025Year Round 150' Frontage with Sand Beach and Hard Bottom Swimming Area. Home has 4 bedrooms, 2 new bathrooms, 2 stall detached garage/carport. Fully furnished with 2 sets of bedding/towels available just bring clothes/food and enjoy the lake! Feels like there is only one neighbor near by plus no back yard neighbors. Comes with an aluminum dock, steel dock, 3 lakeside wood decks and 3 sheds. New water heater, softener and also comes with washer and dryer. Home has steep steps from main level to basement. Owner/Agent.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,032
Year Built
- Built in 1988
Lot Details
- 10,019 Sq Ft Lot
- 150 Feet of Waterfront
- Lake Front
Parking
- 2 Car Garage
Home Design
- Wood Foundation
Interior Spaces
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
Utilities
- Forced Air Heating System
- Baseboard Heating
- Propane
- Water Filtration System
- Shared Water Source
- Well
- Drilled Well
Community Details
- No Home Owners Association
- Summer Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 171181000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 29, 2025
Closed on
May 15, 2025
Sold by
Michael Wayne Olson Revocable Family Tru and Olson Michael Wayne
Bought by
Peltier Patrick K and Peltier Kathryn
Seller's Agent
Mike Olson
Sky Lodge Properties MN, LLC.
Buyer's Agent
Kenzie Pavek
REALTY XPERTS
List Price
$419,900
Sold Price
$315,000
Premium/Discount to List
-$104,900
-24.98%
Views
120
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,391
Avg. Annual Appreciation
21.25%
Original Mortgage
$252,000
Outstanding Balance
$251,521
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$82,870
Purchase Details
Closed on
Apr 3, 2024
Sold by
Olson Mike and Olson Michael Wayne
Bought by
Michael Wayne Olson Revocable Family Trust
Purchase Details
Listed on
Nov 8, 2022
Closed on
Mar 7, 2023
Sold by
Erickson Marvin D and Erickson Sally A
Bought by
Olson Michael Wayne
Seller's Agent
Jen Hanson
Jen Hanson
Buyer's Agent
Mike Olson
Sky Lodge Properties MN, LLC.
List Price
$329,000
Sold Price
$220,000
Premium/Discount to List
-$109,000
-33.13%
Views
57
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.23%
Original Mortgage
$255,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Similar Homes in Lake Park, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $315,000 | Title Team | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Warranty Deed | $220,000 | Title Team |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $252,000 | New Conventional | |
| Previous Owner | $255,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2025 05/15/25 | Sold | $315,000 | -10.0% | $217 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | Price Changed | $349,900 | -7.9% | $241 / Sq Ft |
| 03/17/2025 03/17/25 | Price Changed | $379,900 | -9.5% | $262 / Sq Ft |
| 01/29/2025 01/29/25 | For Sale | $419,900 | +90.9% | $290 / Sq Ft |
| 03/07/2023 03/07/23 | Sold | $220,000 | -33.1% | $156 / Sq Ft |
| 01/23/2023 01/23/23 | Pending | -- | -- | -- |
| 11/08/2022 11/08/22 | For Sale | $329,000 | -- | $233 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,032 | $373,600 | $166,200 | $207,400 |
| 2024 | $2,032 | $356,100 | $166,200 | $189,900 |
| 2023 | $1,856 | $287,100 | $140,500 | $146,600 |
| 2022 | $1,768 | $242,600 | $127,100 | $115,500 |
| 2021 | $1,640 | $230,900 | $121,500 | $109,400 |
| 2020 | $1,608 | $230,900 | $121,500 | $109,400 |
| 2019 | $1,490 | $222,600 | $121,500 | $101,100 |
| 2018 | $1,518 | $202,800 | $111,700 | $91,100 |
| 2017 | $1,638 | $201,100 | $106,700 | $94,400 |
| 2016 | $1,566 | $201,400 | $106,700 | $94,700 |
| 2015 | $1,416 | $173,400 | $90,300 | $83,100 |
| 2014 | -- | $163,400 | $82,700 | $80,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Olson
Seller's Agent in 2025
Mike Olson
Sky Lodge Properties MN, LLC.
(218) 234-8151
46 Total Sales
-
Kenzie Pavek
K
Buyer's Agent in 2025
Kenzie Pavek
REALTY XPERTS
(218) 261-0907
72 Total Sales
-
Jen Hanson
Seller's Agent in 2023
Jen Hanson
Jen Hanson
(218) 371-1636
21 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6654549
APN: R171181000
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