NOT LISTED FOR SALE

22249 512th Ln McGregor, MN 55760

Estimated Value: $390,173 - $519,000

3 Beds
1 Bath
1,080 Sq Ft
$423/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $379,900 $352 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,709/month

126 Days on Market

Highlights

  • 120 Feet of Waterfront
  • No HOA
  • Eat-In Kitchen
  • Beach Access
  • The kitchen features windows
  • Living Room

About This Home

As of June 2023

Big Sandy Lake year-round cabin with 120ft of shore located in a quiet bay.  Home has a large eat in kitchen, large living room with windows on the lake side, 3 bedrooms and newly remodeled 3/4 bath, gazebo lake side, no flood insurance required, new roof installed 2018, detached garage.  This cabin is ready to enjoy lake life that includes excellent fishing, boating and many establishments to have great food and beverages. There are many snowmobile/ATV trails close by along with Minnesota National Golf Course. Most furnishing are available for purchase along with newer dock system: aluminum w/ maintenance free decking(4 ea. 16' sections)/Floe boat battery operated lift.

Last Listed By

Barbie Martz

Century 21 Twin Lakes Realty Listed on: 01/27/2023

Century 21 Twin Lakes Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,827

Year Built

  • Built in 1940

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 120x335x45x275
  • 120 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end

Parking

  • 2 Car Garage

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Beach Access

Utilities

  • Baseboard Heating
  • Underground Utilities
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 390003500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,827

Year Built

Built in 1940

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: No Stairs External, No Stairs Internal
  • Water Source: Submersible - 4 Inch
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 1080
  • Water Body Name: Big Sandy
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 24x40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Microwave, Range, Refrigerator, Tankless Water Heater
  • Living Area: 1080
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3
  • SqFtTotal: 1080.00

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Bay, Lake, South
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 6088
  • Lake Bottom: Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 120

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 440
  • ParkingOpen: 4

Utilities

  • Heating: Baseboard, Ductless Mini-Split
  • Sewer: Mound Septic, Septic System Compliant - Yes
  • Fuel: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window,Natural Woodwork

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictNumber: 4
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 120x335x45x275
  • Lot Size Sq Ft: 17424
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 390003500
  • Tax Annual Amount: 1827
  • TaxWithAssessments: 1842.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Jun 23, 2023
Sold by
Schomel Jeffrey and Schomel Rici
Bought by
Kamrow John and Kamrow S
Seller's Agent
Barbie Martz
Century 21 Twin Lakes Realty
Buyer's Agent
Mary Carter
Edina Realty, Inc.
List Price
$399,900
Sold Price
$379,900
Premium/Discount to List
-$20,000
-5%
Total Days on Market
126
Views
217
Current Estimated Value
$457,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,393
Avg. Annual Appreciation
10.48%
Original Mortgage
$303,920
Outstanding Balance
$297,655
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$159,638

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 13, 2020
Sold by
Metcalf Daniel Daniel
Bought by
Schomel Jeffrey Jeffrey
Seller's Agent
Donald Haller
McGregor Realty & Property
Buyer's Agent
Chuck Carstensen
RE/MAX Results
List Price
$229,000
Sold Price
$181,000
Premium/Discount to List
-$48,000
-20.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$181,000
Interest Rate
2.96%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jun 4, 2018
Sold by
Glenna Dianne Dianne
Seller's Agent
Travis Johnson
United Real Estate Twin Cities
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$80,315
Interest Rate
4.4%

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
Kamrow John $379,900 --
Schomel Jeffrey Jeffrey $181,000 --
-- $80,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamrow John $303,920
Previous Owner Schomel Jeffrey Jeffrey $181,000
Previous Owner -- $80,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $379,900 0.0% $352 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $379,900 -5.0% $352 / Sq Ft
01/26/2023 01/26/23 For Sale $399,900 +120.9% $370 / Sq Ft
08/20/2020 08/20/20 Sold $181,000 -8.6% $168 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $198,000 -13.5% $183 / Sq Ft
03/06/2020 03/06/20 For Sale $229,000 +63.6% $212 / Sq Ft
10/09/2018 10/09/18 For Sale $140,000 0.0% $130 / Sq Ft
07/09/2018 07/09/18 Sold $140,000 -- $130 / 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 $2,093 $319,300 $210,800 $108,500
2023 $1,842 $355,900 $247,400 $108,500
2022 $1,886 $278,000 $193,300 $84,700
2021 $1,774 $215,400 $147,900 $67,500
2020 $1,800 $201,300 $140,200 $61,100
2019 $1,590 $197,000 $136,400 $60,600
2018 $1,718 $167,300 $124,800 $42,500
2017 $1,544 $183,700 $124,800 $58,900
2016 $1,540 $166,400 $107,500 $58,900
2014 $1,461 $162,600 $103,700 $58,900
2012 $15 $185,300 $120,100 $65,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6327344

NorthstarMLS

APN: 39-0-003500