NOT LISTED FOR SALE

18656 County 40 Park Rapids, MN 56470

Estimated Value: $105,000 - $146,000

4.87 Acres
$25,765 Price per Acre
212,137 Sq Ft Lot

Last Sold January 12, 2024

Last sale price $114,070

Est. 10% increase in value since last sale

Current estimated payment $747/month

23 Days on Market

Highlights

  • 187 Feet of Waterfront
  • Lake View
  • No HOA

About This Lot

As of January 2024

Big Sand Lake Lot! This 4.87-acre building lot is on County 40 and offers spectacular south-facing views. With 187 ft. of sandy lakeshore, driveway, and power already on the property with a 12x24 bunkhouse. Multiple locations to build, camp, or use for access.

Last Agent to Sell the Property

Thomas Wormley

Wolff & Simon Real Estate Listed on: 11/06/2023

Last Buyer's Agent

Joseph Erickson

Wolff & Simon Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $642

Lot Details

  • Lot Dimensions are 187x1313x150x1320
  • 187 Feet of Waterfront
  • Lake Front

Property Views

  • Lake Views

Community Details

  • No Home Owners Association
  • Big Sand Woods & Water Subdivision

Listing and Financial Details

  • Assessor Parcel Number 169100100

Property Details

Property Type

Land

Est. Annual Taxes

$642

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Big Sand
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Shared Driveway
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted

Exterior Features

  • View: Lake
  • Lake Acres: 1635
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 187

Utilities

  • Utilities: Electricity Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictNumber: 309
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Topography: High Ground,Hilly,Solar Oriented,Wooded
  • Waterfront YN: Yes
  • Lot Size: 187x1313x150x1320
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Lot,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 169100100
  • Tax Annual Amount: 642
  • TaxWithAssessments: 642.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2023
Closed on
Jan 12, 2024
Sold by
Dell Classic Llc
Bought by
Olson Scott and Olson Renae
Seller's Agent
Thomas Wormley
Wolff & Simon Real Estate
Buyer's Agent
Joseph Erickson
Wolff & Simon Real Estate
List Price
$124,995
Sold Price
$114,070
Premium/Discount to List
-$10,925
-8.74%
Views
64
Current Estimated Value
$125,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,407
Avg. Annual Appreciation
6.58%
Original Mortgage
$91,256
Outstanding Balance
$70,036
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$56,432

Purchase Details

Closed on
Apr 22, 2021
Sold by
Gearin Bernard W
Bought by
Dell Classic Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Olson Scott $114,069 None Listed On Document
Dell Classic Llc $94,069 None Available
-- $94,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Scott $91,256
Previous Owner Gearin Bernard W $47,503
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $114,070 -8.7% --
12/01/2023 12/01/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $124,995 -- --
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
2024 $756 $128,700 $124,600 $4,100
2023 $706 $118,100 $113,600 $4,500
2022 $696 $99,600 $94,700 $4,900
2021 $610 $90,900 $86,400 $4,500
2020 $660 $83,600 $79,300 $4,300
2019 $678 $87,300 $83,000 $4,300
2018 $616 $79,600 $75,300 $4,300
2016 $734 $95,600 $92,000 $3,600
2015 $702 $89,900 $86,300 $3,600
2014 $790 $99,500 $95,900 $3,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6457321

NorthstarMLS

APN: 16.91.00100