NOT LISTED FOR SALE

198 Shorewood Dr Detroit Lakes, MN 56501

Estimated Value: $606,849 - $667,000

3 Beds
2.5 Baths
1,680 Sq Ft
$382/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $600,000 $357 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,832/month

26 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Laundry Room
  • Deck
  • Living Room
  • 1-Story Property

About This Home

As of June 2023

3 bedroom, 3 bath all on one level. Flat 50ft lot with underground sprinkler system on Little Detroit, sand bottom no steps to the dock. Large kitchen, facing the beautiful sunsets. Large deck for grilling and entertaining. Oversized 2 car garage.

Last Agent to Sell the Property

Lief Rogstad

Action Realty of Detroit Lakes Listed on: 05/22/2023

Last Buyer's Agent

Lisa Jasken

Re/Max Lakes Region

Re/Max Lakes Region

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,548

Year Built

  • Built in 1996

Lot Details

  • 10,237 Sq Ft Lot
  • Lot Dimensions are 171x50
  • 50 Feet of Waterfront
  • Lake Front
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R490870215

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,548

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1996
  • Above Grade Finished Sq Ft: 1680
  • Water Body Name: Detroit
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Family Room
  • Living Area: 1680
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • ConstructionMaterialsDesc: Other
  • PatioPorchType: Deck
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 171x50
  • Lot Size Sq Ft: 10236.6
  • 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: 2023
  • Assessor Parcel Number: R490870215
  • Tax Annual Amount: 3548
  • TaxWithAssessments: 3548.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Jun 30, 2023
Sold by
Cook Bradley J and Cook Timothy D
Bought by
Davies Ronald J and Davies Heidi M
Seller's Agent
Lief Rogstad
Action Realty of Detroit Lakes
Buyer's Agent
Lisa Jasken
Re/Max Lakes Region
List Price
$679,900
Sold Price
$600,000
Premium/Discount to List
-$79,900
-11.75%
Views
230
Current Estimated Value
$640,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,962
Avg. Annual Appreciation
2.84%
Original Mortgage
$480,000
Outstanding Balance
$469,253
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$171,709

Purchase Details

Listed on
May 22, 2023
Closed on
May 23, 2023
Sold by
Cook Betty Lucille
Bought by
Cook Timothy Duane and Cook Bradley Jon
Seller's Agent
Lief Rogstad
Action Realty of Detroit Lakes
Buyer's Agent
Lisa Jasken
Re/Max Lakes Region
List Price
$679,900
Sold Price
$600,000
Premium/Discount to List
-$79,900
-11.75%
Views
230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$469,253
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$171,709
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Davies Ronald J $600,000 Title Team
Cook Timothy Duane $500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Ronald J $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $600,000 -7.7% $357 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/02/2023 06/02/23 Price Changed $649,900 -4.4% $387 / Sq Ft
05/23/2023 05/23/23 For Sale $679,900 -- $405 / 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 $5,532 $562,800 $400,000 $162,800
2024 $4,256 $435,500 $351,200 $84,300
2023 $4,256 $342,600 $273,900 $68,700
2022 $3,730 $330,500 $273,900 $56,600
2021 $3,746 $330,600 $260,600 $70,000
2020 $3,700 $330,600 $260,600 $70,000
2019 $3,472 $324,100 $255,600 $68,500
2018 $2,828 $295,100 $255,600 $39,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6375280

NorthstarMLS

APN: R490870215