NOT LISTED FOR SALE

18550 Sherrys Arm Rd Grand Rapids, MN 55744

Estimated Value: $562,000 - $759,000

4 Beds
1.5 Baths
1,800 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 18, 2013

Last sale price $240,000 $133 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $3,625/month

160 Days on Market

Highlights

  • 110 Feet of Waterfront
  • Deck
  • 2 Car Detached Garage
  • Sandy Beach
  • Vaulted Ceiling
  • Skylights

About This Home

As of December 2013

PRICE REDUCED! Chalet style 4 bed room home set on the waters edge overlooking Pokegama Lake. Enjoy sunrises and moon rises over the gleaming waters and in the evening enjoy the relaxing sound of loon calls and water lapping at the shoreline outside your window. This charming property is set on 110 ft of sand shoreline. Enjoy two dramatic wood burning fireplaces, vaulted ceilings, sunny open floor plan, walkout lower level with expansive family room, deck overlooking lake, double garage with upper level for storage, FULLY FURNISHED READY TO MOVE IN!

Last Agent to Sell the Property

JANE O'LEARY

RE/MAX THOUSAND LAKES Listed on: 06/10/2013

Last Buyer's Agent

TODD STONE

MN DIRECT PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,326

Year Built

  • 1968

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 110x298x100x325
  • 110 Feet of Waterfront
  • Lake Front
  • Sandy Beach

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,800 Sq Ft Home
  • Wet Bar
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Patio

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 63-465-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,326

Year Built

1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Natural Woodwork, Skylight, Vaulted Ceilings, Wet Bar
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.73
  • Beach Type: Sand
  • Dnr Lake Id Number: 310532
  • Mechanicals: Water Softener-Owned
  • Parcel Number: 63-465-0070
  • Range: 26
  • Section: 23
  • Twp Number: 54
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 16.5x13.3, On Level: Main
  • Room 2: Dining Room, 16.3x8.7, On Level: Main
  • Room 3: Kitchen, 11x8.7, On Level: Main
  • Room 4: Rec Room, 22x18, On Level: Lower
  • Room 8: Bedroom, 11.5x11.9, On Level: Main
  • Room 9: Bedroom, 11.5x10.3, On Level: Upper
  • Room 12: Other, 7.9x8, On Level: Main
  • Room 13: Other, 18x10, On Level: Lower
  • Room 14: Other, 10x9, On Level: Lower
  • Room 15: Other
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Below Grade Finished Sq Ft: 900
  • Total Fin Square Footage: 1800

Exterior Features

  • LakeAcres: 15000
  • Waterfront Name: Pokegama
  • Construction Type: Frame/Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 110
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Oil
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Grand Rapids #318

Lot Info

  • Estimated Lot Dimensions: 110x298x100x325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2013
Closed on
Dec 6, 2013
Sold by
Meyer D Faye
Bought by
Domeier Joseph L and Kelner Domeier Vicki L
Seller's Agent
JANE O'LEARY
RE/MAX THOUSAND LAKES
Buyer's Agent
TODD STONE
MN DIRECT PROPERTIES
List Price
$295,000
Sold Price
$240,000
Premium/Discount to List
-$55,000
-18.64%
Current Estimated Value
$613,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,075
Avg. Annual Appreciation
8.28%
Original Mortgage
$216,000
Outstanding Balance
$161,572
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$451,503
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
Domeier Joseph L $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Domeier Joseph L $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2013 12/18/13 Sold $240,000 -18.6% $133 / Sq Ft
11/17/2013 11/17/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $295,000 -- $164 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2024 $4,326 $482,100 $301,000 $181,100
2023 $4,326 $466,500 $285,400 $181,100
2022 $4,218 $442,800 $261,700 $181,100
2021 $3,646 $323,300 $217,600 $105,700
2020 $3,298 $313,200 $217,600 $95,600
2019 $3,044 $266,400 $180,800 $85,600
2018 $2,804 $250,200 $168,500 $81,700
2017 $2,744 $0 $0 $0
2016 $2,654 $0 $0 $0
2015 $2,780 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4492210

REALTOR® Association of Southern Minnesota

APN: 63-465-0070