NOT LISTED FOR SALE

2088 Norway Lake Rd SW Pine River, MN 56474

Estimated Value: $227,000 - $431,000

3 Beds
1 Bath
1,624 Sq Ft
$204/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $131,300 $81 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,869/month

31 Days on Market

Highlights

  • 223 Feet of Waterfront
  • Deck
  • Ceiling Fan
  • Docks
  • 2 Car Detached Garage
  • Baseboard Heating

About This Home

As of August 2014

NORWAY BROOK IS THE SETTING FOR THIS DATED 3BR/1BA HOME ON 3.4 ACRES AND 223' WATERFRONT W/GRADUAL ELEVATION. BENEFIT FROM BOATING INTO NORWAY LAKE OR DOCKING AT THE CITY DOCK WITH WALKING ACCESS TO DOWNTOWN.

Last Agent to Sell the Property

Douglas Zaske

Heartland Real Estate Listed on: 05/23/2014

Last Buyer's Agent

Amanda Reichenbach

Exit Lakes Realty Premier

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1948

Lot Details

  • 3.43 Acre Lot
  • 223 Feet of Waterfront
  • River Front

Home Design

  • Wood Siding
  • Concrete Fiber Board Siding

Interior Spaces

  • 1,624 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 020312412

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans
  • Amenities Exterior: Deck, Dock, Driveway - Gravel
  • Estimated Number of Acres: 3.43
  • Assessment Balance: 66
  • Construction: Previously Owned
  • Foundation Size: 1192
  • Parcel Number: 020312412
  • Projected Closed Date: 08/15/2014
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 796
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13'2x18'8, On Level: Main
  • Room 2: Dining Room, 11'x16'2, On Level: Main
  • Room 4: Kitchen, 10'x11', On Level: Main
  • Room 5: Bedroom, 9'x11'8, On Level: Main
  • Room 6: Bedroom, 9'2x10'6, On Level: Main
  • Room 7: 10'x12'2, On Level: Main
  • Room 9: Laundry Room, 8'x12', On Level: Main
  • Basement Features: Unfinished
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1624
  • Total Fin Square Footage: 1624

Exterior Features

  • LakeAcres: 519
  • Waterfront Name: Norway
  • Exterior: Fiber Board, Wood
  • Waterfront: Yes
  • Water Frontage: 223
  • Waterfront Description: River

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Window
  • Fuel: Electric, Wood
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pine River-Backus #2174

Lot Info

  • Estimated Lot Dimensions: 223'X

Building Info

  • Year Built: 1948

Tax Info

  • Year: 2013
  • Tax Value: 730

MLS Schools

  • School District: Pine River-Backus #2174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2014
Closed on
Aug 8, 2014
Bought by
Stewart James James
Seller's Agent
Douglas Zaske
Heartland Real Estate
Buyer's Agent
Amanda Reichenbach
Exit Lakes Realty Premier
List Price
$125,000
Sold Price
$131,300
Premium/Discount to List
$6,300
5.04%
Current Estimated Value
$331,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,740
Avg. Annual Appreciation
8.64%
Original Mortgage
$105,000
Outstanding Balance
$80,152
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$250,888
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
Stewart James James $131,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart James James $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2014 08/08/14 Sold $131,300 +5.0% $81 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $125,000 -- $77 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,364 $311,200 $136,200 $175,000
2023 $1,506 $350,100 $173,100 $177,000
2022 $1,518 $350,100 $173,100 $177,000
2021 $1,436 $248,500 $132,500 $116,000
2020 $1,460 $227,400 $116,400 $111,000
2019 $1,416 $210,200 $113,600 $96,600
2018 $1,138 $164,700 $80,100 $84,600
2017 $868 $164,700 $80,100 $84,600
2016 $962 $0 $0 $0
2015 $962 $170,600 $105,000 $65,600
2014 $848 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4624413

REALTOR® Association of Southern Minnesota

APN: 02-031-2412