NOT LISTED FOR SALE

21900 County Highway 20 Pelican Rapids, MN 56572

Estimated Value: $548,000 - $591,000

2 Beds
2 Baths
720 Sq Ft
$794/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $570,000 $792 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,507/month

135 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Guest House
  • Living Room
  • Beach Access
  • No HOA
  • 1-Story Property

About This Home

As of June 2024

Experience Lake Life on Pelican at its best. Home and Guest cottage right on the shores of popular Pelican Lake. Both have been completely renovated featuring NEW granite countertops, kitchen cabinets, stainless steel appliances, sinks, faucets, interior painting, exterior siding, roof shingles, light fixtures, updated bathrooms, all new flooring throughout, , water heaters and much more. Guest cottage also has full kitchen and bath. This is a Fannie Mae HomePath Property.

Last Agent to Sell the Property

Todd Hocum

ERA Viking Realty Listed on: 12/06/2023

Last Buyer's Agent

Gene Anderson

Cormorant Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1930

Lot Details

  • 6,447 Sq Ft Lot
  • Lot Dimensions are 75 x 90 x 75 x 71
  • 75 Feet of Waterfront
  • Lake Front

Interior Spaces

  • 720 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Baseboard Heating
  • Well
  • Septic System

Additional Features

  • Beach Access
  • Guest House

Community Details

  • No Home Owners Association
  • Bowery Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17000990474000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1930
  • Above Grade Finished Sq Ft: 720
  • Water Body Name: Pelican
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24 x 30
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 720
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry, Guest House

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Lake Acres: 3961
  • Lake Bottom: Hard
  • LakeChain: N
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Asphalt

Utilities

  • Heating: Baseboard
  • Sewer: Holding Tank, Septic System Compliant - Yes
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictNumber: 548
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 75 x 90 x 75 x 71
  • Lot Size Sq Ft: 6446.88
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 17000990474000
  • Tax Annual Amount: 2608
  • TaxWithAssessments: 2688.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Apr 25, 2024
Sold by
Fannie Mae
Bought by
Annear James
Seller's Agent
Todd Hocum
ERA Viking Realty
Buyer's Agent
Gene Anderson
Cormorant Realty Inc
List Price
$672,500
Sold Price
$570,000
Premium/Discount to List
-$102,500
-15.24%
Total Days on Market
135
Views
166
Current Estimated Value
$586,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,381
Avg. Annual Appreciation
2.82%
Original Mortgage
$407,872
Outstanding Balance
$403,891
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$182,490
Source: Public Records

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Range of Values:

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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
Annear James $570,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annear James $407,872
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $570,000 -4.2% $792 / Sq Ft
04/19/2024 04/19/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $594,900 -4.0% $826 / Sq Ft
02/14/2024 02/14/24 Price Changed $619,900 -3.9% $861 / Sq Ft
01/10/2024 01/10/24 Price Changed $644,900 -4.1% $896 / Sq Ft
12/06/2023 12/06/23 For Sale $672,500 -- $934 / 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 $2,768 $586,400 $441,600 $144,800
2023 $2,688 $382,400 $345,000 $37,400
2022 $2,574 $268,800 $0 $0
2021 $2,452 $382,400 $345,000 $37,400
2020 $2,520 $281,500 $253,300 $28,200
2019 $2,430 $267,500 $239,900 $27,600
2018 $2,280 $267,500 $239,900 $27,600
2017 $2,318 $245,700 $218,900 $26,800
2016 $2,306 $250,600 $218,900 $31,700
2015 $2,196 $0 $0 $0
2014 -- $235,200 $203,600 $31,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6464797

NorthstarMLS

APN: 17000990474000