$165,000
SOLD DEC 31, 2024

207 N Lake St Frazee, MN 56544

2 Beds
2 Baths
992 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

15% Below List Price

56 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Storage Room
  • No HOA
  • Patio
  • 1-Story Property

About This Home

As of December 2024

Location, Location, Location! This home in Frazee is a short walk to EVERYTHING. Located directly across from the school and just a block from downtown. This quaint 2 bed, 2 bath home has been well cared for over the years and it's just waiting for it's next buyer. Stop paying rent and start owning your own home that will build value for years to come! Frazee is a growing community with many parks, bike paths, hiking trails and recreational opportunities. Come and take a look!

Last Agent to Sell the Property

John Anderson

Counselor Realty Detroit Lakes Listed on: 10/08/2024

Last Buyer's Agent

John Anderson

Counselor Realty Detroit Lakes Listed on: 10/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,702

Year Built

  • Built in 1956

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 75
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Family Room
  • Storage Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service

Community Details

  • No Home Owners Association
  • Frazee City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500305000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,702

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Water Source: City Water/Connected
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 872
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • FoundationDimensions: 26 X 36
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 992
  • Fireplace: No
  • Below Grade Finished Sq Ft: 120
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Family Room, Bedroom 1, Bedroom 2, Bathroom, Laundry, Storage

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: None
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener
  • Garage Square Feet: 520
  • Garage Door Height: 7

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Fuses, 100 Amp Service
  • Fuel: Natural Gas
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 50 X 75
  • Lot Size Sq Ft: 3920.4
  • Land Lease: No
  • Lot Features: Corner Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 500305000
  • Tax Annual Amount: 1702
  • TaxWithAssessments: 1702.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 31, 2024
Sold by
Schrandt Kathleen Jo and Anderson Mary Jo
Bought by
Bachleitner Shon
Seller's Agent
John Anderson
Counselor Realty Detroit Lakes
Buyer's Agent
John Anderson
Counselor Realty Detroit Lakes
List Price
$195,000
Sold Price
$165,000
Premium/Discount to List
-$30,000
-15.38%
Total Days on Market
56
Views
22
Current Estimated Value
$172,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,771
Avg. Annual Appreciation
9.22%
Original Mortgage
$156,750
Outstanding Balance
$156,350
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$16,087

Purchase Details

Closed on
Feb 24, 2015
Sold by
Pontius James H and Pontius Pamela
Bought by
Schrandt Kathleen Jo and Anderson Mary Jo

Purchase Details

Closed on
Mar 23, 2007
Sold by
Schrandt Leonard J and Schrandt Doreen C
Bought by
Schrandt Kathleen Jo and Anderson Mary Jo
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $165,000 Title Team
Quit Claim Deed -- Attorney
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $156,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $165,000 -15.4% $166 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $195,000 -- $197 / 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 $1,702 $162,200 $3,900 $158,300
2023 $1,626 $150,100 $3,900 $146,200
2022 $1,474 $131,000 $11,100 $119,900
2021 $1,314 $125,600 $11,100 $114,500
2020 $1,216 $125,600 $11,100 $114,500
2019 $836 $115,000 $11,100 $103,900
2018 $1,008 $85,700 $10,100 $75,600
2017 $966 $101,200 $10,100 $91,100
2016 $694 $95,100 $10,100 $85,000
2015 -- $70,400 $9,200 $61,200
2014 -- $68,200 $9,200 $59,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6614712

NorthstarMLS

APN: R500305000