NOT LISTED FOR SALE

2502 Lake Shore Dr Motley, MN 56466

Estimated Value: $231,000 - $276,000

2 Beds
1 Bath
572 Sq Ft
$448/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $235,000 $411 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,528/month

43 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Wood Siding

About This Home

As of August 2024

Wow! come check out this cozy cabin on beautiful Lake Shamineau with 50 foot of LEVEL lake shore. Waiting for you and your family to enjoy the great Minnesota summers! 8x8 storage shed with a fish cleaning station on the side. new roof 8/23.
This 2 bedroom 1 bath cabin has 3 heat sources propane, electric, and wood fireplace.
Comes furnished as shown in pictures.
Pontoon, lift and dock are negotiable. Close to restaurant's and golfing!

Last Agent to Sell the Property

Cynthia Reit-Erickson

NextHome Horizons Listed on: 06/26/2024

NextHome Horizons

Last Buyer's Agent

Brian Halik

Wolff & Simon Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1963

Lot Details

  • 3,572 Sq Ft Lot
  • Lot Dimensions are 50x71x75x48
  • 50 Feet of Waterfront
  • Lake Front
  • Zoning described as Other,Residential-Single Family

Home Design

  • Wood Siding

Interior Spaces

  • 572 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Propane
  • Sand Point Well
  • Septic System

Community Details

  • No Home Owners Association
  • 6Th Shamineau Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291577000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,084

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Sand Point
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 572
  • Water Body Name: Shamineau
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 26x22
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 572
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Panoramic
  • Other Structures: Storage Shed
  • Lake Acres: 1434
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Fireplace(s), Other
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Staples-Motley
  • SchoolDistrictNumber: 2170
  • SchoolDistrictPhone: 218-894-2430

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x71x75x48
  • Lot Size Sq Ft: 3571.92
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Other,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 291577000
  • Tax Annual Amount: 1084
  • TaxWithAssessments: 1996.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 19, 2024
Sold by
Richards Darrell
Bought by
Rxa Properties Llc
Seller's Agent
Cynthia Reit-Erickson
NextHome Horizons
Buyer's Agent
Brian Halik
Wolff & Simon Real Estate
List Price
$249,900
Sold Price
$235,000
Premium/Discount to List
-$14,900
-5.96%
Views
78
Current Estimated Value
$256,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,393
Avg. Annual Appreciation
7.60%
Original Mortgage
$235,000
Outstanding Balance
$232,381
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$24,012

Purchase Details

Closed on
Mar 28, 2024
Sold by
Rich Darrell and Wolfe Pamela
Bought by
Rich Darrell
Source: Public Records

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
Rxa Properties Llc $235,000 --
Rich Darrell $500 Elite Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rxa Properties Llc $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $235,000 -6.0% $411 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $249,900 0.0% $437 / Sq Ft
06/26/2024 06/26/24 Price Changed $249,900 +4.6% $437 / Sq Ft
07/07/2023 07/07/23 Sold $239,000 0.0% $418 / Sq Ft View Prior Sale
06/21/2023 06/21/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $239,000 -- $418 / 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 $2,198 $215,300 $102,500 $112,800
2024 $1,996 $151,200 $58,100 $93,100
2023 $1,996 $124,400 $30,200 $94,200
2022 $1,552 $78,600 $30,300 $48,300
2021 $1,440 $58,100 $30,300 $27,800
2020 $1,758 $299,800 $199,200 $100,600
2019 $1,530 $125,700 $86,900 $38,800
2018 $1,370 $114,600 $82,000 $32,600
2017 $1,292 $120,600 $88,000 $32,600
2016 $1,242 $0 $0 $0
2014 $1,176 $0 $0 $0
2013 $1,176 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6560303

NorthstarMLS

APN: 29.1577.000