NOT LISTED FOR SALE

22918 State Highway 371 Nisswa, MN 56468

Estimated Value: $330,283 - $908,000

3 Beds
1 Bath
1,844 Sq Ft
$323/Sq Ft Est. Value

Last Sold February 09, 2012

Last sale price $57,000 $31 Per Sq Ft

Est. 944% increase in value since last sale

Current estimated payment $3,280/month

167 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Nisswa Elementary School Rated 9+
  • Forced Air Heating System
  • Wood Siding

About This Home

As of February 2012

Nice home right off of Hwy 371 with 5 acres. Home sits on Hole in the day lake. Very private locatio

Last Agent to Sell the Property

Lori Abear

REO Realty Listed on: 07/28/2011

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • 1950

Lot Details

  • 5.13 Acre Lot
  • Lot Dimensions are 295x1106x5
  • 300 Feet of Waterfront

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Private Sewer

Listing and Financial Details

  • Foreclosure

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 5.13
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 922
  • Stories: 1 Story
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 3
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, On Level: Lower
  • Room 4: Kitchen, On Level: Main
  • Room 5: Bedroom, On Level: Main
  • Room 6: Bedroom, On Level: Main
  • Room 7: On Level: Main
  • Basement Material: Wood
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 922
  • Below Grade Finished Sq Ft: 922
  • Total Fin Square Footage: 1844

Exterior Features

  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 300

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private

Lot Info

  • Estimated Lot Dimensions: 295x1106x5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2015
Bought by
Shipman Adam
Current Estimated Value
$595,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$47,321
Interest Rate
3.87%
Estimated Equity
$548,000

Purchase Details

Listed on
Jul 28, 2011
Closed on
Feb 1, 2012
Bought by
Shipman Properties Llc
Seller's Agent
Lori Abear
REO Realty
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$117,500
Sold Price
$57,000
Premium/Discount to List
-$60,500
-51.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shipman Adam $60,000 --
Shipman Properties Llc $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipman Adam $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2012 02/09/12 Sold $57,000 -51.5% $31 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
07/28/2011 07/28/11 For Sale $117,500 -- $64 / 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
2025 $1,782 $247,700 $91,100 $156,600
2024 $1,782 $248,700 $104,800 $143,900
2023 $1,544 $235,700 $88,400 $147,300
2022 $1,460 $207,100 $58,000 $149,100
2021 $1,470 $161,300 $53,800 $107,500
2020 $1,412 $157,200 $56,500 $100,700
2019 $1,254 $149,700 $53,400 $96,300
2018 $1,116 $134,700 $52,300 $82,400
2017 $1,502 $129,600 $52,300 $77,300
2016 $1,440 $136,800 $77,500 $59,300
2015 $1,430 $133,800 $77,500 $56,300
2014 $725 $134,700 $77,500 $57,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lori Abear

    REO Realty

  • R

    Buyer's Agent in 2012

    RASM STAFF

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4135486

REALTOR® Association of Southern Minnesota

APN: 280261206C00009

Minnesota Crow Wing County Nisswa 56468

22918 State Highway 371, Nisswa, MN

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