NOT LISTED FOR SALE

2168 Shady Ln Detroit Lakes, MN 56501

Estimated Value: $784,975 - $801,000

4 Beds
3 Baths
3,118 Sq Ft
$254/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $740,000 $237 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,044/month

27 Days on Market

Highlights

  • Beach Access
  • Deck
  • Living Room
  • Outdoor Pool
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2023

Beautiful Lakefront Property! This delightful lake house showcases a rambler layout with a walkout basement, which provides an ideal setting to enjoy the stunning views. The property has 4 comfortable bedrooms and 3 spacious bathrooms, along with a charming lakefront patio and balcony, perfect for unwinding and hosting social gatherings. Its timeless style is sure to captivate you. You will also have a boat slip on Detroit Lake, community pool, walking trails, lawn care and snow removal included in the monthly dues.

Last Agent to Sell the Property

Blake Fason

Berkshire Hathaway HomeServices Premier Properties Listed on: 05/03/2023

Berkshire Hathaway HomeServices Premier Properties

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,106

Year Built

  • Built in 2009

Lot Details

  • 2,247 Sq Ft Lot

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Utility Room Floor Drain
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • Golden Bay Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 491040534

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,106

Year Built

Built in 2009

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2009
  • Above Grade Finished Sq Ft: 1576
  • Water Body Name: Detroit
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete, Walkout
  • Appliances: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Fireplace Features: Gas
  • Living Area: 3118
  • Below Grade Finished Sq Ft: 1422
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Foyer, Storage, Laundry, Utility Room, Bathroom, Other Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: Outdoor Pool
  • View: Lake
  • PatioPorchType: Deck
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Floor Drain, Finished Garage

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • Association Fee: 275
  • Association: Yes
  • Amenities Unit: Cathedral Ceilings,Dock,Hardwood Floors,Kitchen Center Island,Primary Bedroom Walk-In Closet,Tile Floors,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Lot Size: 2247SF
  • Lot Size Sq Ft: 2247
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 491040534
  • Tax Annual Amount: 6106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 31, 2023
Sold by
Regelstad Mary E
Bought by
Roth Benjamin
Seller's Agent
Blake Fason
Berkshire Hathaway HomeServices Premier Properties
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$740,000
Sold Price
$740,000
Views
79
Current Estimated Value
$790,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,994
Avg. Annual Appreciation
2.78%
Original Mortgage
$592,000
Outstanding Balance
$576,170
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$214,824

Purchase Details

Closed on
Nov 12, 2019
Sold by
Erickson Thomas and Erickson Ann
Bought by
Regelstad Mary E

Purchase Details

Closed on
Jun 28, 2013
Sold by
Nicholson Jerome L and Nicholson Stacy J
Bought by
Erickson Thomas and Erickson Ann

Purchase Details

Closed on
Dec 29, 2009
Sold by
Sauk River Estates Llc
Bought by
Nicholson Jerome L and Nicholson Stacy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,001
Interest Rate
4.78%
Mortgage Type
New Conventional
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
Roth Benjamin $740,000 None Listed On Document
Regelstad Mary E $528,000 --
Erickson Thomas $445,000 Becker County Title Svcs Inc
Nicholson Jerome L $404,900 Becker County Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Benjamin $592,000
Previous Owner Nicholson Jerome L $250,001
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $740,000 0.0% $237 / Sq Ft
05/03/2023 05/03/23 For Sale $740,000 -- $237 / 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 $7,292 $716,700 $224,900 $491,800
2024 $6,702 $658,900 $187,500 $471,400
2023 $6,106 $573,300 $172,700 $400,600
2022 $5,932 $518,700 $186,600 $332,100
2021 $5,804 $507,300 $185,100 $322,200
2020 $5,718 $507,300 $185,100 $322,200
2019 $5,946 $487,000 $177,700 $309,300
2018 $4,878 $483,000 $177,700 $305,300
2017 $4,322 $439,500 $149,500 $290,000
2016 $4,390 $374,200 $149,500 $224,700
2015 $3,310 $293,500 $74,400 $219,100
2014 -- $285,100 $74,400 $210,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7423526

NorthstarMLS

APN: R491040534