NOT LISTED FOR SALE

16482 Edgewater Rd NE Pine City, MN 55063

Estimated Value: $304,587 - $345,000

2 Beds
1 Bath
832 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $301,648 $363 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,819/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1-Story Property
  • Combination Dining and Living Room
  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of July 2023

Welcome to your lakeshore retreat ! 2 bed 1 bath home on Cross Lake in Pine City. New furnace and A/C , new roof and siding ,new windows +. Move right in and start enjoying the lake ! Cross Lake is a fully recreational and great for fishing and boating. Cross is connected to Pokegama Lake boasting two restaurants on the water. Only 1 hour from the metro and 20mins to Hinkley. Enjoy your summer on lake time in this perfectly nestled cabin !

Last Agent to Sell the Property

Margaret Cheney

RE/MAX HomeMasters Listed on: 06/29/2023

RE/MAX HomeMasters

Last Buyer's Agent

Andrea Hannem

Bridge Realty, LLC

Bridge Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,828

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x169x50x168
  • 50 Feet of Waterfront
  • Lake Front
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0280377000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,828

Year Built

Built in 1960

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 512
  • Water Body Name: Cross
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Range, Refrigerator
  • Living Area: 832
  • Fireplace: No
  • Below Grade Finished Sq Ft: 320
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Bedroom 1, Bedroom 2
  • SqFtTotal: 945.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • View: East
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock

Schools

  • Junior High Dist: Pine City
  • SchoolDistrictPhone: 320-629-4010

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x169x50x168
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0280377000
  • Tax Annual Amount: 1828
  • TaxWithAssessments: 1828.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 20, 2023
Sold by
Feigum Diana and Damon Jon
Bought by
Hannem Andrea and Burns Matthew
Seller's Agent
Margaret Cheney
RE/MAX HomeMasters
Buyer's Agent
Andrea Hannem
Bridge Realty, LLC
List Price
$289,900
Sold Price
$301,648
Premium/Discount to List
$11,748
4.05%
Views
52
Current Estimated Value
$323,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,999
Avg. Annual Appreciation
2.77%
Original Mortgage
$281,620
Outstanding Balance
$274,802
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$48,845
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
Hannem Andrea $301,648 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hannem Andrea $281,620
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2023 07/20/23 Sold $301,648 +4.1% $363 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $289,900 -- $348 / Sq Ft
Source: NorthstarMLS

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 $1,880 $308,200 $213,300 $94,900
2024 $2,392 $247,400 $173,000 $74,400
2023 $2,362 $309,700 $242,900 $66,800
2022 $1,828 $271,100 $214,200 $56,900
2021 $1,730 $173,100 $109,300 $63,800
2020 $1,792 $155,300 $100,600 $54,700
2019 $1,724 $153,000 $106,800 $46,200
2018 $1,802 $142,700 $99,400 $43,300
2017 $1,626 $143,200 $99,400 $43,800
2016 $1,672 $133,000 $99,400 $33,600
2014 $1,602 $135,600 $103,800 $31,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6394899

NorthstarMLS

APN: 028.0377.000

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