NOT LISTED FOR SALE

21900 480th St McGregor, MN 55760

Estimated Value: $360,000 - $492,000

3 Beds
2 Baths
1,532 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $375,000 $245 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,275/month

10 Days on Market

Highlights

  • 75 Feet of Waterfront
  • No HOA
  • Front Porch
  • Beach Access
  • Home Office
  • Laundry Room

About This Home

As of July 2024

Tired of cookie cutter cabins that all look the same? You will love the charm & unique features this home has to offer, from the original true hardwood floors to arched hallways & wood fireplace. There are 2 main floor bdrms w/3rd bedroom in the upper level. Get away to the peace and solitude the upper level study/family room has to offer. The full basement offers tons of storage space, along with a 3/4 bath, laundry, utility & a cellar. The great thing is this old world charm comes with a new roof, new LP siding, new windows and so much more! The owners pride is clearly visible in this property! An additional 20X24 building has a heated workshop & a 3 season sunroom. Newer garage is 24X24 w/6x24 leanto & large conc. apron. There is plenty of room for the lake toys, mowers and etc. in the 24X46 pole shed. All of this nestled into a private, wooded 4.6 acre parklike setting. Property includes private frontage w/dock on Big Sandy Flowage, a short boat ride to Zorbaz & Big Sandy Lake.

Last Agent to Sell the Property

Shawn Hoover

Aspen Realty Listed on: 06/17/2024

Last Buyer's Agent

Kari Horbacz

Statement Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • Built in 1935

Lot Details

  • 4.8 Acre Lot
  • 75 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Additional Parcels
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof
  • Architectural Shingle Roof

Interior Spaces

  • 1,532 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Drain

Outdoor Features

  • Beach Access
  • Front Porch

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • Boiler Heating System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 290041700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

Built in 1935

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 1935
  • Above Grade Finished Sq Ft: 1532
  • Water Body Name: Flowage
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Partially Finished, Sump Pump
  • Appliances: Dryer, Electric Water Heater, Fuel Tank - Rented, Range, Refrigerator, Washer
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Living Area: 1532
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Laundry, Study

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Pitched
  • View: Lake, South
  • Other Structures: Pole Building, Screenhouse, Workshop
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Front Porch
  • Lake Bottom: Reeds,Soft,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener

Utilities

  • Heating: Baseboard, Boiler, Ductless Mini-Split, Fireplace(s)
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irregular
  • Lot Size Sq Ft: 209088
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 290041700
  • Tax Annual Amount: 1208
  • TaxWithAssessments: 1208.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Jul 24, 2024
Sold by
Johnston Claudia
Bought by
Schmidt Bryan and Schmidt Lisa
Seller's Agent
Shawn Hoover
Aspen Realty
Buyer's Agent
Kari Horbacz
Statement Realty
List Price
$345,000
Sold Price
$375,000
Premium/Discount to List
$30,000
8.7%
Views
163
Current Estimated Value
$418,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,562
Avg. Annual Appreciation
7.71%
Original Mortgage
$370,000
Outstanding Balance
$365,547
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$53,015

Purchase Details

Closed on
Sep 1, 1999
Bought by
Johnston William and Johnston Claudia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Schmidt Bryan $375,000 --
Johnston William $83,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Bryan $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $375,000 +8.7% $245 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $345,000 -- $225 / 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 $1,044 $228,900 $53,700 $175,200
2024 $996 $214,100 $53,100 $161,000
2023 $1,056 $199,500 $45,500 $154,000
2022 $888 $196,200 $40,600 $155,600
2021 $830 $133,700 $31,300 $102,400
2020 $824 $124,400 $31,800 $92,600
2019 $778 $121,400 $30,500 $90,900
2018 $708 $113,300 $30,100 $83,200
2017 $692 $107,900 $32,300 $75,600
2016 $956 $107,800 $32,300 $75,500
2014 $962 $108,000 $35,500 $72,500
2012 $9 $115,600 $38,500 $77,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6554632

NorthstarMLS

APN: 29-0-041700