$485,000
SOLD MAR 26, 2025

20518 Lord Rd Merrifield, MN 56465

3 Beds
3 Baths
2,200 Sq Ft
221,720 Sq Ft Lot

Recently Sold

$220 Per Sq Ft

3% Below List Price

33 Days on Market

Highlights

  • 313 Feet of Waterfront
  • Radiant Floor
  • Laundry Room
  • Brainerd Senior High School Rated 9+
  • No HOA
  • Storage Room

About This Home

As of March 2025

Panoramic views of the Mississippi River, this year round home has 3+ bedrooms, 3 bathrooms and a basement for storage plus oversized 3 car garage all on over 5 Acres of privacy! Garden area near storage shed, patio and composite deck to enjoy the outdoors! Dock and all appliances included! Main floor primary bedroom suite plus 2 story great room with vaulted ceilings and gas fireplace with stunning view of the river! Maple woodwork for kitchen cabinets and custom stairway and balcony upstairs with 2 lofted bedrooms with a large closet and 3/4 bathroom complete the upper level. In the basement there is potential for at least another bedroom and it is mostly finished with in-floor heat in the basement plus another 3/4 bathroom, laundry room, family room and lots of storage! The main and upper levels use boiler baseboard heat and 3 mini-split/AC units for comfort year round!

Last Agent to Sell the Property

Angie Petersen

Central MN Realty LLC Listed on: 12/27/2024

Central MN Realty LLC

Last Buyer's Agent

Angie Petersen

Central MN Realty LLC Listed on: 12/27/2024

Central MN Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,126

Year Built

  • Built in 2001

Lot Details

  • 5.09 Acre Lot
  • 313 Feet of Waterfront
  • River Front
  • Irregular Lot
  • Unpaved Streets
  • Many Trees
  • Zoning described as Shoreline

Parking

  • 3 Car Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Drainage System
  • Block Basement Construction

Utilities

  • Mini Split Air Conditioners
  • Hot Water Heating System
  • Boiler Heating System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53050519

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,126

Year Built

Built in 2001

Lot Details

5.09 Acres

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1500
  • Water Body Name: Mississippi River
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drainage System, Full, Partially Finished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2200
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 700
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Family Room, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Metal
  • View: East, Panoramic, River, South
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Composite Decking,Deck,Front Porch,Patio
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 313

Garage/Parking

  • Parking Features: Detached, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Boiler, Ductless Mini-Split, Hot Water, Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Patio,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: IRR
  • Lot Size Sq Ft: 221720.4
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 53050519
  • Tax Annual Amount: 3126
  • TaxWithAssessments: 3126.0000

Multi Family

  • WaterfrontFeatures: Dock, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Mar 26, 2025
Sold by
Johnson Charles W and Johnson Jeanette A
Bought by
Dufresne Roger and Koehly Laurie
Seller's Agent
Angie Petersen
Central MN Realty LLC
Buyer's Agent
Angie Petersen
Central MN Realty LLC
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
70
Current Estimated Value
$516,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,909
Avg. Annual Appreciation
6.72%
Original Mortgage
$460,750
Outstanding Balance
$457,587
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$59,322

Purchase Details

Closed on
Jun 1, 2002
Bought by
Johnson Chalres

Purchase Details

Closed on
Aug 1, 2001
Sold by
Turcotte Robert J
Bought by
Discount Finance I

Purchase Details

Closed on
Jul 1, 2000
Sold by
Robert J Turcotte
Bought by
Johnson Charles W

Purchase Details

Closed on
Jul 1, 1995
Sold by
Charles W Dunemann
Bought by
Turcotte Robert J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $485,000 Larson Abstract Company Inc
Warranty Deed $65,000 --
Warranty Deed $19,000 --
Deed $65,000 --
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2025 03/26/25 Sold $485,000 -3.0% $220 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
01/04/2025 01/04/25 For Sale $500,000 -- $227 / Sq Ft
Source: NorthstarMLS

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 $3,134 $470,100 $115,400 $354,700
2024 $3,134 $461,800 $110,500 $351,300
2023 $3,028 $467,200 $96,700 $370,500
2022 $2,618 $431,700 $79,700 $352,000
2021 $2,596 $287,000 $99,300 $187,700
2020 $2,608 $275,500 $99,900 $175,600
2019 $2,490 $270,300 $98,700 $171,600
2018 $2,298 $263,800 $98,700 $165,100
2017 $2,316 $246,160 $93,446 $152,714
2016 $2,098 $214,400 $90,600 $123,800
2015 $2,072 $206,000 $90,100 $115,900
2014 $1,001 $207,600 $90,200 $117,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6642812

NorthstarMLS

APN: 510054107AC0009

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