NOT LISTED FOR SALE

18986 County Road 5 NW Unit 5 New London, MN 56273

Estimated Value: $55,000 - $226,000

1 Bed
1 Bath
384 Sq Ft
$313/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $50,000 $130 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $706/month

6 Days on Market

Highlights

  • 371 Feet of Waterfront
  • Dock Facilities
  • Clubhouse
  • Prairie Woods Elementary School Rated 9+
  • Beach
  • Eat-In Kitchen

About This Home

As of October 2023

Discover the perfect seasonal getaway at Lakeview Unit 5, a charming Park Model nestled within the former Sunset Shores Resort on Norway Lake. This 1-bedroom haven is not just neat and clean but also incredibly affordable, offering you a slice of lakeside paradise. Association has shared lodge with pool table, ping-pong, kitchenette and restroom. Outdoor amenities include 2 playground areas, putt-putt golf, bonfire pits, and fish cleaning house. Enjoy all that beautiful Norway Lake has to offer with, swimming beach, a boat slip, and of course gorgeous sunsets!

Last Agent to Sell the Property

Earl Rich

New London Real Estate, Inc. Listed on: 09/29/2023

Last Buyer's Agent

Earl Rich

New London Real Estate, Inc. Listed on: 09/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $382

Year Built

  • Built in 2001

Lot Details

  • 2 Acre Lot
  • 371 Feet of Waterfront
  • Irregular Lot
  • Few Trees

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 384 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Outdoor Features

  • Dock Facilities
  • Shared Waterfront

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Well
  • Shared Septic

Listing and Financial Details

  • Assessor Parcel Number 237350050

Community Details

Overview

  • Association fees include beach access, cable TV, lawn care, trash, snow removal
  • Sunset Shores HOA, Phone Number (320) 354-3568
  • Sunset Shores Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$382

Year Built

Built in 2001

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: Well
  • Association Amenities: Beach, Dock
  • Fee Frequency: Monthly
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 384
  • Water Body Name: Norway
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 384
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Primary Bathroom
  • SqFtTotal: 384.00
  • Shared Rooms: Club House

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Lake, West
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Waterfront Frontage: 371

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Baseboard
  • Sewer: Shared Septic
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Cable TV, Lawn Care, Trash, Snow Removal
  • Phone: 320-354-3568
  • Association Fee: 30
  • Association: Yes
  • Amenities Unit: Deck

Association/Amenities

  • HOA Management Co: Sunset Shores HOA

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 315x371 approximately
  • Lot Size Sq Ft: 87120
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 237350050
  • Tax Annual Amount: 382
  • TaxWithAssessments: 382.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2023
Closed on
Oct 20, 2023
Sold by
Knudsen Beverly
Bought by
Lahr Dean and Lahr Nicole
Seller's Agent
Earl Rich
New London Real Estate, Inc.
Buyer's Agent
Earl Rich
New London Real Estate, Inc.
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Views
37
Current Estimated Value
$120,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,356
Avg. Annual Appreciation
54.48%

Purchase Details

Closed on
Oct 8, 2021
Sold by
Knudsen Beverly L and Dobransky Robert P
Bought by
Knudsen Beverly L

Purchase Details

Closed on
May 31, 2019
Sold by
Schimerowski Properties Llc
Bought by
Knudsen Beverly L and Dobransky Robert P

Purchase Details

Closed on
Apr 19, 2019
Sold by
Sunset Shores Homeowners Assn
Bought by
Schimerowski Properties Llc

Purchase Details

Closed on
Sep 14, 2018
Sold by
Schomerowski Properties Llc
Bought by
Sunset Shore Homeowners Assn
Source: Public Records

Range of Values:

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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
Lahr Dean $50,000 --
Knudsen Beverly L -- None Available
Knudsen Beverly L $30,000 None Available
Schimerowski Properties Llc -- None Available
Sunset Shore Homeowners Assn -- Kandyohi Abstract & Title Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $50,000 -16.5% $130 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/29/2023 09/29/23 For Sale $59,900 -- $156 / 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 $512 $53,100 $48,200 $4,900
2024 $446 $57,300 $52,000 $5,300
2023 $382 $50,900 $46,500 $4,400
2022 $340 $44,200 $39,900 $4,300
2021 $356 $33,400 $29,900 $3,500
2020 $430 $33,500 $29,900 $3,600
2019 $210 $40,700 $37,400 $3,300
Source: Public Records

Agents Affiliated with this Home

  • Earl Rich

    Seller's Agent in 2023

    Earl Rich

    New London Real Estate, Inc.

    (320) 894-5399

    117 Total Sales

    Earl Rich
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Map

Source: NorthstarMLS

MLS Number: 6439678

NorthstarMLS

APN: 23-735-0050

Minnesota Kandiyohi County New London 56273

18986 County Road 5 NW Unit 5, New London, MN

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