NOT LISTED FOR SALE

20798 Jacobs Beach Rd Pelican Rapids, MN 56572

Estimated Value: $295,000 - $325,544

2 Beds
1 Bath
720 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $295,000 $410 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,812/month

3 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Living Room
  • Deck
  • Porch
  • 1-Story Property

About This Home

As of June 2023

The lake shore elevation we all think about, the view and swimming, the fishing and boating, along with the memories and experiences waiting to be made at this cabin which has not been on the market since 1998. Find a boat house just 17 feet from waters edge set up for sleeping and lounging with a sandy shore and swim area, dock fishing, lakeside deck (14x16), 8x16 storage shed, and the cabin that is ready for you to start your new journey. Enjoy a 50 x 150 foot level lot, two bedrooms, full bath, 14x16 foot lake side deck, and a compliant septic ( just tested) all on Prairie Lake just north of Pelican Rapids and in the heart of Otter Tail County Lakes area. The Pelican River is just to the east of the cabin and extra water activities are just a few rows away! Located on a dead end gravel road and faces south on lakeside!

Last Agent to Sell the Property

Jeffrey Gontarek

REAL Listed on: 06/01/2023

Last Buyer's Agent

Arianna Zavala

REALTY XPERTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1945

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 50x150
  • 50 Feet of Waterfront
  • Lake Front
  • Few Trees

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

  • Baseboard Heating
  • Sand Point Well
  • Septic System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Jacobs Beach 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50000990309000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,334

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Accessibility Features: None
  • Water Source: Sand Point
  • Year Built: 1945
  • Above Grade Finished Sq Ft: 720
  • Water Body Name: Prairie
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • FoundationDimensions: 16x36x28x12x12x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 720
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Bathroom, Bedroom 1, Bedroom 2, Kitchen, Living Room, Porch
  • SqFtTotal: 720.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • View: Lake
  • Other Structures: Bunk House
  • PatioPorchType: Deck
  • Lake Acres: 1004
  • Lake Bottom: Gravel,Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Ductless Mini-Split
  • Sewer: Holding Tank, Septic System Compliant - Yes
  • Fuel: Electric
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictNumber: 548
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x150
  • Lot Size Sq Ft: 9713.88
  • Land Lease: No
  • Lot Features: Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 50000990309000
  • Tax Annual Amount: 1334
  • TaxWithAssessments: 1410.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jun 29, 2023
Sold by
Huckeby Bonita
Bought by
Halling Patrick and Halling Kaydell
Seller's Agent
Jeffrey Gontarek
REAL
Buyer's Agent
Arianna Zavala
REALTY XPERTS
List Price
$275,000
Sold Price
$295,000
Premium/Discount to List
$20,000
7.27%
Total Days on Market
3
Views
3
Current Estimated Value
$313,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,136
Avg. Annual Appreciation
0.01%
Original Mortgage
$195,000
Outstanding Balance
$191,010
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$104,062
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
Halling Patrick $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halling Patrick $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $295,000 +7.3% $410 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $275,000 -- $382 / 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 $1,430 $202,500 $117,400 $85,100
2024 $1,430 $195,700 $113,400 $82,300
2023 $1,414 $175,100 $102,800 $72,300
2022 $1,250 $141,400 $0 $0
2021 $1,142 $175,100 $102,800 $72,300
2020 $1,152 $116,800 $72,300 $44,500
2019 $1,046 $102,400 $60,900 $41,500
2018 $1,016 $102,400 $60,900 $41,500
2017 $982 $98,300 $60,900 $37,400
2016 $952 $93,400 $56,400 $37,000
2015 $934 $0 $0 $0
2014 -- $88,000 $51,800 $36,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6379730

NorthstarMLS

APN: 50000990309000