NOT LISTED FOR SALE

21073 Hector Rd Park Rapids, MN 56470

Estimated Value: $266,000 - $345,000

4 Beds
1 Bath
572 Sq Ft
$517/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $315,000 $551 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,711/month

31 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • The kitchen features windows
  • Beach Access
  • No HOA
  • 1 Car Attached Garage

About This Home

As of September 2024

Discover your perfect lakeside retreat at this charming getaway on Gilmore Lake. Enjoy the comforts of a cozy 2 bedroom cabin along with a separate 2 bedroom bunkhouse overlooking the lake which provides ample space for family & friends. Also there is a boathouse on the water's edge! Step outside to find yourself immersed in the beauty of Gilmore Lake, a setting reminiscent of "On Golden Pond". You will witness breathtaking sunsets, hear the soothing sounds of the lake, & create memories that will last a lifetime! Property is turn key, seller will be taking a few personal items, but leaving most of the furnishings, a Lund fishing boat, and pedal boat.

Last Agent to Sell the Property

Kelli Johnson

Coldwell Banker Crown Realtors Listed on: 07/09/2024

Coldwell Banker Crown Realtors

Last Buyer's Agent

Eric Christians

eXp Realty (219 WF)

eXp Realty (219 WF)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1956

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x131x100x127
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Crawl Space
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating System
  • Water Filtration System
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Gilmore Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162401200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,462

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 572
  • Water Body Name: Gilmore
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • FireNumber: 21073
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Electric Water Heater, Fuel Tank - Rented, Water Filtration System, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 572
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Bedroom 1, Bedroom 2, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years
  • PoolFeatures: None
  • Fencing: None
  • View: Lake, Panoramic
  • Other Structures: Bunk House, Boat House
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio,Porch
  • Lake Acres: 93
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Driveway - Other Surface
  • Garage Square Feet: 462
  • ParkingOpen: 2

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Fuel: Electric,Propane
  • Power Company: Itasca Mantrap Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Kitchen Window,Local Area Network,Main Floor Primary Bedroom,Natural Woodwork,Patio,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictNumber: 309
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x131x100x127
  • Lot Size Sq Ft: 13068
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 162401200
  • Tax Annual Amount: 1462
  • TaxWithAssessments: 1672.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Sep 5, 2024
Sold by
Jct Properties Llc
Bought by
Richter Jason and Richter Amanda
Seller's Agent
Kelli Johnson
Coldwell Banker Crown Realtors
Buyer's Agent
Eric Christians
eXp Realty (219 WF)
List Price
$315,000
Sold Price
$315,000
Views
39
Current Estimated Value
$295,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,265
Avg. Annual Appreciation
-5.53%
Original Mortgage
$252,000
Outstanding Balance
$249,330
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$46,405

Purchase Details

Closed on
Jun 25, 2021
Sold by
Murdock Rick A
Bought by
Jct Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2018
Sold by
Selseth Allan R and Selseth Catherine J
Bought by
Murdock Rick A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2017
Sold by
Thorkelson Peter
Bought by
Selseth Allan R and Selseth Catherine J

Purchase Details

Listed on
May 19, 2014
Closed on
Sep 3, 2014
Sold by
Klaus John John
Bought by
Thorkelson Peter Peter
Seller's Agent
Kelli Johnson
Coldwell Banker Clack Dennis
Buyer's Agent
Kelli Johnson
Coldwell Banker Clack Dennis
List Price
$189,900
Sold Price
$160,000
Premium/Discount to List
-$29,900
-15.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
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
Richter Jason $315,000 --
Jct Prop Llc $224,500 None Available
Murdock Rick A $180,000 --
Selseth Allan R $138,000 None Available
Thorkelson Peter Peter $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richter Jason $252,000
Previous Owner Jct Prop Llc $191,250
Previous Owner Murdock Rick A $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $315,000 0.0% $551 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $315,000 +96.9% $551 / Sq Ft
09/03/2014 09/03/14 Sold $160,000 -15.7% $280 / Sq Ft View Prior Sale
08/05/2014 08/05/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $189,900 -- $332 / 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 $1,720 $209,200 $97,500 $111,700
2023 $1,672 $197,000 $86,900 $110,100
2022 $1,164 $172,500 $72,500 $100,000
2021 $1,096 $127,400 $72,500 $54,900
2020 $1,116 $123,800 $69,500 $54,300
2019 $1,082 $123,500 $69,500 $54,000
2018 $1,082 $119,500 $66,500 $53,000
2016 $992 $123,600 $81,300 $42,300
2015 $786 $99,300 $71,800 $27,500
2014 $826 $103,700 $79,500 $24,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6565958

NorthstarMLS

APN: 16.24.01200