NOT LISTED FOR SALE

21129 Hector Rd Park Rapids, MN 56470

Estimated Value: $282,000 - $345,000

2 Beds
1 Bath
768 Sq Ft
$402/Sq Ft Est. Value

Last Sold October 13, 2014

Last sale price $132,000 $172 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $1,782/month

153 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Burning Stove
  • Fireplace
  • Deck
  • Wood Flooring
  • Landscaped with Trees

About This Home

As of October 2014

Gilmore Lake Cabin - 2 bedroom, 1 bath with great views of the lake. Nice sand beach area, large deck, and "L" shaped dock. Also includes a boat house with bunk quarters above. Includes appliances, and some furniture.

Last Agent to Sell the Property

Carol Norman

RE/MAX First Choice Listed on: 05/13/2014

Last Buyer's Agent

Kara Reque

RE/MAX First Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $927

Year Built

  • Built in 1951

Lot Details

  • 0.38 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 768 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 162400800

Home Details

Home Type

Single Family

Est. Annual Taxes

$927

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Hardwood Floors
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.38
  • Assessment Balance: 101
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 162400800
  • Projected Closed Date: 10/13/2014
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 1028
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 19x12, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, 13x15, On Level: Main
  • Room 5: Bedroom, 10x8, On Level: Main
  • Room 6: Bedroom, 10x8, On Level: Main
  • Basement Features: Unfinished
  • Basement Material: Concrete Block, Wood
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 768
  • Total Fin Square Footage: 768

Exterior Features

  • LakeAcres: 95
  • Waterfront Name: Gilmore
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 100
  • Waterfront Description: Lake

Utilities

  • Fuel: Electric
  • Heat: Wood Stove
  • Sewer: Private

Schools

  • School District: Park Rapids #309

Lot Info

  • Estimated Lot Dimensions: 100x140 +/
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2013
  • Tax Value: 927

MLS Schools

  • School District: Park Rapids #309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2014
Closed on
Oct 8, 2014
Sold by
Schroeder Michael Michael
Bought by
Weerts Michael Michael
Seller's Agent
Carol Norman
RE/MAX First Choice
Buyer's Agent
Kara Reque
RE/MAX First Choice
List Price
$147,500
Sold Price
$132,000
Premium/Discount to List
-$15,500
-10.51%
Current Estimated Value
$308,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,987
Avg. Annual Appreciation
8.03%
Original Mortgage
$132,000
Outstanding Balance
$101,531
Interest Rate
4.19%
Estimated Equity
$207,456
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
Weerts Michael Michael $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weerts Michael Michael $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2014 10/13/14 Sold $132,000 -10.5% $172 / Sq Ft
10/13/2014 10/13/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $147,500 -- $192 / 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 $1,732 $242,300 $107,200 $135,100
2023 $1,674 $221,100 $95,700 $125,400
2022 $1,386 $201,500 $79,800 $121,700
2021 $1,188 $155,400 $79,800 $75,600
2020 $1,204 $110,300 $62,319 $47,981
2019 $1,062 $110,000 $62,287 $47,713
2018 $1,058 $104,700 $59,105 $45,595
2016 $1,108 $112,300 $73,666 $38,634
2015 $922 $114,500 $79,500 $35,000
2014 $962 $118,800 $88,000 $30,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4618326

REALTOR® Association of Southern Minnesota

APN: 16.24.00800