NOT LISTED FOR SALE

16288 County Highway 29 Frazee, MN 56544

Estimated Value: $276,000 - $631,000

4 Beds
3 Baths
1,920 Sq Ft
$267/Sq Ft Est. Value

Last Sold July 11, 2024

Last sale price $657,390 $342 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $3,011/month

37 Days on Market

Highlights

  • 3,955,684 Sq Ft lot
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Wood Burning Stove
  • No HOA
  • Living Room

About This Home

As of July 2024

Bid your price! Online only auction opening Friday, April 19th and closing Tuesday, April 23rd at 12pm. Rare Frazee/Detroit Lakes property with 90+/- acres of land and 2 homesteads to be offered in 3 parcels. Lot 1-Parcel B on the survey includes 52.71 acres of mixed wooded land. A beautiful 1.25 story homestead with full basement, main level, and loft all needing to be finished. Also included, attached garage and 30x40 detached shed. Lot 2 -Parcel A on the survey includes 35.32 acres of tillable and wooded land great for building, hunting, or farming. Lot 3 -Parcel C on the survey includes 2.78 acres of mostly open land with a 3 bed, 2 bath, mobile home and 40x60 cement slab for a shop/garage. Only 5.5 miles from Frazee and 9 miles from Detroit Lakes. Awesome location for your next home or hobby farm. This is an estate property and sells as-is. 2% buyer's premium does apply. More details on this property are available.

Last Agent to Sell the Property

Austin Bachmann

Counselor Realty Detroit Lakes Listed on: 03/22/2024

Last Buyer's Agent

Austin Bachmann

Counselor Realty Detroit Lakes Listed on: 03/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 1983

Lot Details

  • 90.81 Acre Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating System
  • Hot Water Heating System
  • Boiler Heating System
  • 200+ Amp Service
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 100548001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 960
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 32x60
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, ICFs (Insulated Concrete Forms)
  • Fireplace Features: Gas
  • Living Area: 1920
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 960
  • Basement YN: Yes
  • Dining Room Type: Living Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 728

Utilities

  • Heating: Boiler, Forced Air, Fireplace(s), Hot Water, Outdoor Boiler, Wood Stove
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane,Wood

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • Topography: High Ground,Level,Low Land,Pasture,Wooded
  • PropertyAttachedYN: No
  • Lot Size: 90.81 acres
  • Lot Size Sq Ft: 3955683.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 100548001
  • Tax Annual Amount: 3358
  • TaxWithAssessments: 3358.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Jun 17, 2024
Sold by
Zavic James Joseph and Zavic James J
Bought by
Wikman Brady
Seller's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
Buyer's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
List Price
$1
Sold Price
$657,390
Premium/Discount to List
$657,389
65738900%
Views
178
Current Estimated Value
$513,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$143,997
Avg. Annual Appreciation
-18.34%
Original Mortgage
$66,870
Outstanding Balance
$52,299
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$461,094

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 22, 2024
Sold by
James J Zayic Estate
Bought by
Mercil Cory and Mercil Bobbi
Seller's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
Buyer's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
List Price
$1
Sold Price
$657,390
Premium/Discount to List
$657,389
65738900%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,870
Outstanding Balance
$52,299
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$461,094

Purchase Details

Listed on
Mar 22, 2024
Closed on
May 21, 2024
Sold by
Zayic James Joseph
Bought by
Mercil Cory and Mercil Bobbi
Seller's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
Buyer's Agent
Austin Bachmann
Counselor Realty Detroit Lakes
List Price
$1
Sold Price
$657,390
Premium/Discount to List
$657,389
65738900%
Views
178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,870
Outstanding Balance
$52,299
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$461,094
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
Wikman Brady $88,739 Title Team
Mercil Cory $362,100 --
Mercil Cory $362,100 Title Team
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wikman Brady $66,870
Open Mercil Cory $352,100
Closed Mercil Cory $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $657,390 +65738900.0% $342 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $1 -- $0 / 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 $3,462 $593,400 $158,900 $434,500
2024 $3,460 $586,400 $185,200 $401,200
2023 $3,460 $479,600 $167,800 $311,800
2022 $2,988 $392,400 $149,200 $243,200
2021 $2,638 $386,700 $149,200 $237,500
2020 $2,760 $386,700 $149,200 $237,500
2019 $2,440 $389,100 $148,600 $240,500
2018 $2,644 $349,500 $143,000 $206,500
2017 $2,634 $355,900 $124,500 $231,400
2016 $3,120 $337,400 $124,500 $212,900
2015 $2,902 $362,200 $124,900 $237,300
2014 -- $351,500 $121,300 $230,200
Source: Public Records

Agents Affiliated with this Home

  • Austin Bachmann

    Seller's Agent in 2024

    Austin Bachmann

    Counselor Realty Detroit Lakes

    (218) 841-2469

    90 Total Sales

    Austin Bachmann
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Map

Source: NorthstarMLS

MLS Number: 6507982

NorthstarMLS

APN: R100548001

Minnesota Becker County Frazee 56501

16288 County Highway 29, Frazee, MN

This home is located at 16288 County Highway 29, Frazee, MN 56544 since 22 March 2024 and is currently estimated at $513,393, approximately $267 per square foot. This property was built in 1983. 16288 County Highway 29 is a home located in Becker County with nearby schools including Frazee Secondary School.

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