NOT LISTED FOR SALE

20017 Grouse Rd Park Rapids, MN 56470

Estimated Value: $215,277 - $1,338,000

2 Beds
1 Bath
5,000 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $1,390,000 $278 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $4,638/month

51 Days on Market

Highlights

  • 1,800 Feet of Waterfront
  • Beach
  • Lake View
  • Dock Facilities
  • Multiple Garages
  • 1 Fireplace

About This Home

As of March 2024

Lake Ida Alert. Last of its kind! Features 1800ft of lake frontage, private peninsula, 11+ acres, 2 homes, 7 cabins, underground utilities and fiber optic internet. This incredible property is well maintained and being sold completely turn-key. Family compound, generational or legacy property, check. Investment property, check. The ultimate building site, check. Currently operated in a residential and commercial capacity under the Walter's Resort banner. Sits on the sought after Mantrap chain and acts as the primary segue for Little Sand and Big Sand lakes. Location is as prime as it gets and there are no dirt roads to travel. Walking distance to Zorbaz and just a mile to Dorset and the Heartland Trail. Truly a special property with endless possibilities.

Last Agent to Sell the Property

Jack Brann

Affinity Real Estate Inc. Listed on: 01/22/2024

Last Buyer's Agent

Ben Copperthite

Rice Real Estate Services, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 1970

Lot Details

  • 11.19 Acre Lot
  • 1,800 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Irregular Lot
  • Additional Parcels

Parking

  • 3 Car Garage
  • Multiple Garages

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 5,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Porch

Utilities

  • Forced Air Heating System
  • Space Heater
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Sand Point Well
  • Well
  • Drilled Well

Listing and Financial Details

  • Assessor Parcel Number 163503200

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,346

Year Built

Built in 1970

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split, Window Unit(s)
  • Garage Spaces: 3
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: Drilled, Private, Sand Point, Well
  • Association Amenities: Beach, Deck, Dock, Other, Porch
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 5000
  • Water Body Name: Ida
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Other
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Owned, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 5000
  • Fireplace: Yes
  • Basement YN: No

Exterior Features

  • Roof: Architectural Shingle, Asphalt
  • View: Lake, South, West
  • Lake Acres: 74
  • Lake Bottom: Sand,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 1800

Garage/Parking

  • Parking Features: Detached, Gravel, Multiple Garages, Open
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Forced Air, Fireplace(s), Space Heater
  • Sewer: Holding Tank, Mound Septic, Private Sewer, Tank with Drainage Field
  • Fuel: Electric,Propane,Wood
  • Power Company: Itasca Mantrap Co-op

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 1800 x irr
  • Lot Size Sq Ft: 487436.4
  • Land Lease: No
  • Lot Features: Corner Lot, Irregular Lot, Island/Peninsula, Many Trees, Underground Utilities
  • Additional Parcels Description: 163503000,163503400
  • Additional Parcels: Yes
  • Zoning Description: Business/Commercial,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 163503200
  • Tax Annual Amount: 5346
  • TaxWithAssessments: 6558.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
Mar 29, 2024
Sold by
Akason Hospitality Llc
Bought by
Sunset Property Holdings Llc
Seller's Agent
Jack Brann
Affinity Real Estate Inc.
Buyer's Agent
Ben Copperthite
Rice Real Estate Services, LLC
List Price
$1,499,950
Sold Price
$1,390,000
Premium/Discount to List
-$109,950
-7.33%
Views
106
Current Estimated Value
$860,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$529,681
Avg. Annual Appreciation
-26.77%

Purchase Details

Closed on
Jun 4, 2021
Sold by
Rentls Tim and Rentls D J
Bought by
Grethe Winther Beyer Ret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 15, 2021
Sold by
Tim And Deborah Jo Skadberg Rentals Llc
Bought by
Grethe Winther Beyer Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 4, 2019
Sold by
Skadberg Tim and Skadberg Deborah J
Bought by
Tim & Deborah Skadberg Llc

Purchase Details

Closed on
Oct 19, 2018
Sold by
Clark Rodney G and Clark Marlis J
Bought by
Tim & D J Skadbeg Rentals
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
Sunset Property Holdings Llc $699,520 --
Akason Hospitality Llc $500 None Listed On Document
Grethe Winther Beyer Ret $850,000 None Available
Grethe Winther Beyer Revocable Trust $850,000 --
Tim & Deborah Skadberg Llc -- --
Tim & D J Skadbeg Rentals $90,000 --
-- $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grethe Winther Beyer Ret $690,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $1,390,000 -7.3% $278 / Sq Ft
03/14/2024 03/14/24 Pending -- -- --
01/22/2024 01/22/24 For Sale $1,499,950 -- $300 / 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
2024 $922 $120,600 $50,000 $70,600
2023 $722 $120,500 $44,100 $76,400
2022 $690 $116,500 $39,900 $76,600
2021 $648 $70,900 $32,200 $38,700
2020 $662 $68,700 $31,100 $37,600
2019 $540 $69,200 $31,100 $38,100
2018 $536 $42,800 $18,163 $24,637
2016 $608 $52,400 $26,455 $25,945
2015 $450 $51,700 $26,167 $25,533
2014 $432 $48,800 $25,606 $23,194
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6480009

NorthstarMLS

APN: 16.35.03200