16585 Downey Dr Park Rapids, MN 56470
3
Beds
3
Baths
2,004
Sq Ft
2.04
Acres
Highlights
- 104 Feet of Waterfront
- The kitchen features windows
- Combination Kitchen and Dining Room
- No HOA
- Forced Air Heating and Cooling System
- Hot Water Heating System
About This Home
As of October 2024One of Park Rapids premium lakes, Long Lake, offers this beautiful 3bdr/2ba log home. Floor to ceiling rock fireplace, lakeside wall of windows, large lakeside deck and covered side porch . The 28x36 detached garage on the back lot offers plenty of room for all the water toys. The upper level can be a game room or guest quarters. It has a mini kitchen area and 3/4 bath. The shoreline has an excellent sandy bottom, with a western exposure for the most beautiful sun sets. Escape to the sounds of the loon calls in Northern MN.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,490
Year Built
- Built in 2003
Lot Details
- 2.04 Acre Lot
- 104 Feet of Waterfront
- Lake Front
- Wood Fence
- Irregular Lot
- Additional Parcels
Parking
- 3 Car Garage
- Heated Garage
Interior Spaces
- 2,004 Sq Ft Home
- 2-Story Property
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Basement
- Crawl Space
Kitchen
- Range
- Microwave
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Hot Water Heating System
- Private Water Source
- Drilled Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 133300400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2024
Closed on
Oct 4, 2024
Sold by
Dahlen Dennis and Dahlen Mary
Bought by
Bjornstad Mark and Bjornstad Alyson
Seller's Agent
Gene Kanten
Patriots Choice Realty
Buyer's Agent
Michelle Durensky
RE/MAX Legacy Realty
List Price
$825,000
Sold Price
$830,000
Premium/Discount to List
$5,000
0.61%
Views
7
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
-$42,622
Avg. Annual Appreciation
-1.74%
Original Mortgage
$664,000
Outstanding Balance
$660,321
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$156,555
Purchase Details
Listed on
May 13, 2014
Closed on
Oct 17, 2014
Sold by
Ranum Michael Michael
Bought by
Dahlen Dennis Dennis
Seller's Agent
Jack Brann
Affinity Real Estate Inc.
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$549,900
Sold Price
$520,000
Premium/Discount to List
-$29,900
-5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.80%
Original Mortgage
$520,000
Interest Rate
3.97%
Purchase Details
Closed on
Oct 20, 2010
Sold by
Lynch John W and Lynch Amy R
Bought by
Ranun Michael D and Ranum Mary S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Similar Homes in Park Rapids, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $830,000 | -- | |
| Deed | $520,000 | -- | |
| Warranty Deed | $522,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $664,000 | New Conventional | |
| Previous Owner | $520,000 | No Value Available | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $391,300 | New Conventional | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/04/2024 10/04/24 | Sold | $830,000 | +0.6% | $414 / Sq Ft |
| 08/05/2024 08/05/24 | Pending | -- | -- | -- |
| 08/01/2024 08/01/24 | For Sale | $825,000 | +58.7% | $412 / Sq Ft |
| 10/17/2014 10/17/14 | Sold | $520,000 | -5.4% | $259 / Sq Ft |
| 09/17/2014 09/17/14 | Pending | -- | -- | -- |
| 05/13/2014 05/13/14 | For Sale | $549,900 | -- | $274 / 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 |
|---|---|---|---|---|
| 2024 | $4,598 | $648,100 | $272,800 | $375,300 |
| 2023 | $4,794 | $649,300 | $227,100 | $422,200 |
| 2022 | $3,570 | $542,300 | $202,000 | $340,300 |
| 2021 | $3,288 | $385,000 | $155,900 | $229,100 |
| 2020 | $3,246 | $361,800 | $142,300 | $219,500 |
| 2019 | $3,462 | $347,100 | $135,500 | $211,600 |
| 2018 | $3,334 | $339,500 | $133,200 | $206,300 |
| 2016 | $3,336 | $348,600 | $165,100 | $183,500 |
| 2015 | $3,218 | $341,000 | $165,100 | $175,900 |
| 2014 | $3,328 | $350,100 | $180,000 | $170,100 |
Source: Public Records
Agents Affiliated with this Home
-
Gene Kanten
Seller's Agent in 2024
Gene Kanten
Realty Executives
(218) 639-1622
37 Total Sales
-
Todd Hubbard
T
Seller Co-Listing Agent in 2024
Todd Hubbard
Realty Executives
(320) 249-0889
33 Total Sales
-
Michelle Durensky
Buyer's Agent in 2024
Michelle Durensky
RE/MAX Legacy Realty
(701) 492-5050
165 Total Sales
-
J
Seller's Agent in 2014
Jack Brann
Affinity Real Estate Inc.
-
N
Buyer's Agent in 2014
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6578128
APN: 13.33.00400
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