NOT LISTED FOR SALE

15803 County 40 Park Rapids, MN 56470

Estimated Value: $489,552 - $1,032,000

5 Beds
2 Baths
1,062 Sq Ft
$631/Sq Ft Est. Value

Sale Details

Date Sold: December 31, 2014

Last sale price $270,000 $254 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,816 / mo

38 Days on Market

Highlights

  • 152 Feet of Waterfront
  • Woodwork
  • Bathroom on Main Level
  • Deck
  • Landscaped with Trees
  • 1-Story Property

About This Home

As of December 2014

Potato lake building lot or cabin getaway! 152 ft of perfect sand beach, commanding views, level elevation to water, 5.42 AC, two seas cabins, 3br 1 bath & a 2br 1 bath. Great opportunity to own a prime location on this highly sought after lake chain.

Last Agent to Sell the Property

Michael Mead

RE/MAX First Choice Listed on: 10/10/2014

Last Buyer's Agent

Rhonda Gartner

Coldwell Banker Clack Dennis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 1931

Lot Details

  • 5.42 Acre Lot
  • Lot Dimensions are 152x1365x1
  • 152 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Combination Kitchen and Dining Room
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Additional Features

  • Deck
  • Private Water Source

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 161900820

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 1931

Lot Details

5.42 Acres

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 5.42
  • Chain Acreage: 3060.87
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 1062
  • Parcel Number: 161900820
  • Stories: 1 Story
  • Special Features: 1028
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Finished Above Grade Sq Ft: 1062
  • Total Fin Square Footage: 1062

Exterior Features

  • Frontage Road: County
  • LakeAcres: 2096.09
  • Waterfront Name: Potato
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 152
  • Waterfront Description: Lake

Utilities

  • Fuel: Electric
  • Sewer: Shared
  • Water: Private, Shared

Lot Info

  • Estimated Lot Dimensions: 152x1365x1
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1931

Tax Info

  • Year: 2014
  • Tax Value: 3107

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2015
Bought by
Syverson Rodney Rodney
Current Estimated Value
$670,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Outstanding Balance
$200,335
Interest Rate
3.77%
Estimated Equity
$470,182

Purchase Details

Closed on
Feb 14, 2006
Sold by
Zacher John I and Zacher John L
Bought by
Zacher John I and Zacher Vickie L
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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Purchase History

Date Buyer Sale Price Title Company
Syverson Rodney Rodney $265,000 --
Zacher John I -- None Available
Zacher John I -- None Available
Zacher John I -- None Available
Zacher John I -- None Available
Zacher John I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Syverson Rodney Rodney $263,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $270,000 -6.6% $254 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $289,000 -- $272 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,080 $466,700 $378,200 $88,500
2023 $2,936 $434,500 $340,700 $93,800
2022 $2,872 $369,700 $272,200 $97,500
2021 $2,568 $329,100 $271,100 $58,000
2020 $2,454 $302,300 $248,500 $53,800
2019 $2,442 $280,900 $227,900 $53,000
2018 $2,288 $254,700 $206,300 $48,400
2016 $3,432 $295,800 $253,600 $42,200
2015 $6,548 $298,500 $258,700 $39,800
2014 $2,816 $273,300 $240,400 $32,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4683417

REALTOR® Association of Southern Minnesota

APN: 16.19.00800

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