NOT LISTED FOR SALE

20593 508th Ln McGregor, MN 55760

Estimated Value: $530,516 - $616,000

3 Beds
1.5 Baths
1,008 Sq Ft
$561/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $530,000 $526 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,192/month

17 Days on Market

Highlights

  • 160 Feet of Waterfront
  • No HOA
  • Living Room
  • Deck
  • The kitchen features windows
  • Laundry Room

About This Home

As of October 2024

Year round lake home on Big Sandy just north of McGregor! This updated property is just feet from the water's edge and has lake frontage and dock on both sides of the road! This exceptional property has 3 bedrooms and 2 bathrooms, full laundry, forced air furnace and central air! Come enjoy the essence of lake life on the deck Overlooking Big Sandy today! County previously approved building of detached 26x20 garage and a 28' addition to home!

Last Agent to Sell the Property

Brent Anderson

RE/MAX Results - Nisswa Listed on: 08/26/2024

RE/MAX Results - Nisswa

Last Buyer's Agent

Paul Augustinack

Woods to Water Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,904

Year Built

  • Built in 1981

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 85x103
  • 160 Feet of Waterfront
  • Lake Front

Home Design

  • Log Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 290017728

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,904

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: Other
  • Water Source: Well
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 1008
  • Water Body Name: Big Sandy
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Range, Refrigerator
  • Living Area: 1008
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Panoramic, South, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 160

Garage/Parking

  • Parking Features: Concrete

Utilities

  • Heating: Forced Air, Heat Pump
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock,Kitchen Window,Boat Slip,Washer/Dryer Hookup

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 85x103
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 290017728
  • Tax Annual Amount: 2904
  • TaxWithAssessments: 2904.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Oct 15, 2024
Sold by
Walczak Matthew
Bought by
Salkowski Matthew
Seller's Agent
Brent Anderson
RE/MAX Results - Nisswa
Buyer's Agent
Paul Augustinack
Woods to Water Real Estate
List Price
$539,900
Sold Price
$530,000
Premium/Discount to List
-$9,900
-1.83%
Views
20
Current Estimated Value
$565,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,879
Avg. Annual Appreciation
5.86%
Original Mortgage
$397,500
Outstanding Balance
$393,321
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$172,558

Purchase Details

Closed on
Nov 16, 2015
Sold by
Omlid Scott Scott
Bought by
Walczak Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,400
Interest Rate
3.82%

Purchase Details

Closed on
Jul 1, 2010
Bought by
Omlid Scott and Omlid Jodi
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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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
Salkowski Matthew $530,000 --
Walczak Matthew $257,400 --
Omlid Scott $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salkowski Matthew $397,500
Previous Owner Walczak Matthew $257,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $530,000 -1.8% $526 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $539,900 -- $536 / 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 $2,620 $392,000 $282,000 $110,000
2024 $2,904 $388,200 $287,700 $100,500
2023 $2,152 $433,900 $325,200 $108,700
2022 $2,112 $325,200 $230,400 $94,800
2021 $1,782 $239,600 $176,000 $63,600
2020 $1,702 $233,500 $166,600 $66,900
2019 $1,600 $219,500 $161,900 $57,600
2018 $1,558 $202,400 $147,900 $54,500
2017 $1,342 $202,400 $147,900 $54,500
2016 $1,270 $181,400 $126,900 $54,500
2014 $1,578 $170,800 $121,900 $48,900
2012 $16 $193,600 $141,600 $52,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6592218

NorthstarMLS

APN: 29-0-017728