24908 Franklin Lake Rd Pelican Rapids, MN 56572
3
Beds
2
Baths
2,376
Sq Ft
1
Acres
Highlights
- 150 Feet of Waterfront
- No HOA
- Dining Room
- Lake View
- 1-Story Property
- Baseboard Heating
About This Home
As of August 2025FRANKLIN LAKE TOTAL PACKAGE! This A+ piece, centrally located, allows for quiet, private living on Franklin Lake’s North shore while being only minutes from local shopping, dining, & entertainment amenities in Detroit Lakes and Pelican Rapids. The 3B/2B year-round home has recent major updates: new windows, roof, paint, and septic. The scenic view off the deck beckons you to spend time in peaceful relaxation, listening to the loons. Setting this property apart is the huge 60x40 insulated shop featuring concrete floors,
a main level 3/4 bathroom, and a second level that could be turned into a studio or home office. If you are looking to start a home business, need loads of storage for tools and toys, or expand your hobby, this property offers the perfect opportunity. Franklin Lake is known for excellent water quality and fishing opportunities with Northern Pike, Walleye, Black Crappie, and Bluegill present. Whatever lake life means for you, this total package could fit your dreams!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,871
Year Built
- Built in 1985
Lot Details
- 1 Acre Lot
- 150 Feet of Waterfront
- Lake Front
- Irregular Lot
Parking
- 2 Car Garage
Interior Spaces
- 1-Story Property
- Family Room
- Dining Room
- Lake Views
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Baseboard Heating
- 200+ Amp Service
- Water Filtration System
- Private Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
- Church Bay Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 17000991663000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Aug 1, 2025
Sold by
Fiedler Betty
Bought by
Executive Properties Llc
Seller's Agent
Mike Carlson
RE/MAX Advantage Plus
Buyer's Agent
Dylan Urbach
Optima Realty, Inc.
List Price
$575,000
Sold Price
$485,000
Premium/Discount to List
-$90,000
-15.65%
Views
157
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
970.51%
Original Mortgage
$388,000
Outstanding Balance
$388,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$158,036
Similar Homes in Pelican Rapids, MN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $485,000 | -10.0% | $204 / Sq Ft |
| 07/09/2025 07/09/25 | Pending | -- | -- | -- |
| 03/18/2025 03/18/25 | Price Changed | $539,000 | -1.8% | $227 / Sq Ft |
| 10/19/2024 10/19/24 | Price Changed | $549,000 | -4.5% | $231 / Sq Ft |
| 09/20/2024 09/20/24 | For Sale | $575,000 | -- | $242 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,000 | $473,700 | $212,500 | $261,200 |
| 2023 | $3,038 | $438,200 | $245,900 | $192,300 |
| 2022 | $2,870 | $303,800 | $0 | $0 |
| 2021 | $2,918 | $438,200 | $245,900 | $192,300 |
| 2020 | $2,958 | $349,800 | $158,200 | $191,600 |
| 2019 | $3,120 | $378,500 | $164,200 | $214,300 |
| 2018 | $2,730 | $378,500 | $164,200 | $214,300 |
| 2017 | $3,704 | $327,500 | $134,200 | $193,300 |
| 2016 | $3,692 | $322,300 | $128,300 | $194,000 |
| 2015 | $3,640 | $0 | $0 | $0 |
| 2014 | -- | $321,000 | $128,300 | $192,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mike Carlson
RE/MAX Advantage Plus
(218) 850-7146
144 Total Sales
-
Buyer's Agent in 2025
Dylan Urbach
Optima Realty, Inc.
(701) 680-3691
2 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6517011
APN: 17000991663000
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