NOT LISTED FOR SALE

20723 Cole Ave Brainerd, MN 56401

Estimated Value: $178,614 - $244,000

1 Bed
1 Bath
898 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $150,000 $167 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,165/month

97 Days on Market

Highlights

  • 361 Feet of Waterfront
  • Dock Facilities
  • Deck
  • Nisswa Elementary School Rated 9+
  • Beach
  • Main Floor Primary Bedroom

About This Home

As of December 2023

One level living in the heart of the Brainerd Lakes Area with an opportunity for instant equity and Gull Lake access! Welcome to this year-round sweet 1+ bedroom home located in the Cinosam Club neighborhood – an optional membership for only $100/annually with access to Gull Lake AND Round Lake. This partially updated home features a large bedroom with walk-in closet and another flexible bonus room that could be used as an office or a second bedroom (also with a walk-in closet). The living room / kitchen area has an open concept with a built-in eating area and a wood-burning fireplace for keeping warm with the cooler fall nights coming. Additional: 1-car attached garage, updated full bath, large private backyard with potential to add outdoor entertainment space, and a central location to all the amenities of the Brainerd Lakes Area! Lake access, location, equity potential = opportunity!

Last Agent to Sell the Property

John Angell

Coldwell Banker Realty Brokerage Phone: 651-387-2200 Listed on: 09/01/2023

Coldwell Banker Realty

Co-Listed By

Tina Angell

Coldwell Banker Realty Brokerage Phone: 651-387-2200

Last Buyer's Agent

Jason Evanson

Kurilla Real Estate LTD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1957

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85 x 134 x 85 x 134
  • 361 Feet of Waterfront
  • Partially Fenced Property
  • Wood Fence
  • Few Trees

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 898 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Home Office
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Facilities
  • Shared Waterfront
  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Private Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 991060040120009

Community Details

Overview

  • Association fees include beach access, dock, shared amenities
  • Cinosam Club Association, Phone Number (763) 226-1240
  • Cinosam Club Subdivision

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1957

Lot Details

0

HOA Fees

$8 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Association Amenities: Beach, Dock
  • Fee Frequency: Annually
  • Year Built: 1957
  • Above Grade Finished Sq Ft: 898
  • Water Body Name: Gull
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 651-387-2200
  • Attribution Contact: 651-387-2200
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 898
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Office, Walk In Closet, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: Partial, Wood
  • View: East, West
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Gravel,Sand
  • LakeChain: Y
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 361
  • Lake Chain Acreage: 13497
  • Lake Chain Name: Gull

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer
  • Fuel: Electric,Natural Gas,Wood

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Shared Amenities
  • Phone: 763-226-1240
  • Association Fee: 100
  • Association: Yes
  • Amenities Unit: Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Cinosam Club

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 85 x 134 x 85 x 134
  • Lot Size Sq Ft: 11325.6
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 991060040120009
  • Tax Annual Amount: 543
  • TaxWithAssessments: 568.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2023
Closed on
Dec 29, 2023
Sold by
Bible Christopher R
Bought by
Moller Travis
Seller's Agent
John Angell
Coldwell Banker Realty
Buyer's Agent
Jason Evanson
Kurilla Real Estate LTD
List Price
$175,000
Sold Price
$150,000
Premium/Discount to List
-$25,000
-14.29%
Views
565
Current Estimated Value
$207,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,154
Avg. Annual Appreciation
17.61%
Original Mortgage
$142,500
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Pestello William William
Bought by
Bible Christopher Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,900
Interest Rate
4.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moller Travis $150,000 Rg Title Llc
Bible Christopher Christopher $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moller Travis $142,500
Previous Owner Bible Christopher Christopher $73,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $150,000 0.0% $167 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/13/2023 11/13/23 Off Market $150,000 -- --
09/21/2023 09/21/23 Price Changed $165,000 -5.7% $184 / Sq Ft
09/01/2023 09/01/23 For Sale $175,000 +600.0% $195 / Sq Ft
11/06/2012 11/06/12 Sold $25,000 -49.9% $28 / Sq Ft View Prior Sale
10/10/2012 10/10/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $49,900 -- $56 / 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 $850 $176,600 $60,600 $116,000
2024 $850 $164,800 $57,600 $107,200
2023 $568 $149,400 $49,400 $100,000
2022 $648 $109,800 $27,800 $82,000
2021 $596 $99,800 $26,900 $72,900
2020 $518 $90,900 $26,600 $64,300
2019 $366 $81,800 $25,200 $56,600
2018 $478 $59,900 $25,200 $34,700
2017 $556 $56,500 $24,900 $31,600
2016 $550 $64,500 $29,600 $34,900
2015 $546 $62,200 $29,600 $32,600
2014 $265 $63,000 $29,600 $33,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6423655

NorthstarMLS

APN: 991060040120009