NOT LISTED FOR SALE

25488 Peterson Rd Pelican Rapids, MN 56572

Estimated Value: $593,473 - $638,000

3 Beds
2 Baths
1,680 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $530,000 $315 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,769/month

111 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Living Room
  • Forced Air Heating and Cooling System
  • No HOA
  • 1-Story Property
  • Utility Room

About This Home

As of September 2023

Welcome to this stunning lakefront property, a true gem nestled amidst nature's beauty. This magnificent retreat offers the perfect blend of modern comforts and serene surroundings. With 3 bedrooms and 2 bathrooms, this home is designed to provide both comfort and convenience. Step inside and be captivated by the contemporary allure of this residence. The kitchen boasts gleaming stainless steel appliances, combining style and functionality to inspire culinary masterpieces. Prepare delicious meals while relishing the breathtaking views through the large windows, which invite natural light to flood the space.The property spans an impressive 300 feet of shoreline, granting you exclusive access to the tranquil waters of the lake. Whether you seek moments of tranquility or exciting aquatic adventures, this pristine waterfront location will cater to your every desire. Embrace the designated wetland area, a testament to the commitment to preserving the natural ecosystem.

Last Agent to Sell the Property

Rochelle Roesler, MBA

Century 21 FM Realty Listed on: 05/26/2023

Last Buyer's Agent

Marlys Ailie

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 2012

Lot Details

  • 0.97 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 17000270343000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,696

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 1680
  • Water Body Name: Franklin Lake (56075900)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 1680
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Primary Bathroom, Family Room, Bedroom 2, Bedroom 3, Bathroom, Utility Room
  • SqFtTotal: 1680.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Lake Acres: 1087
  • LakeChain: N
  • Waterfront Frontage: 300

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

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: irr
  • Lot Size Sq Ft: 42125
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 17000270343000
  • Tax Annual Amount: 3696
  • TaxWithAssessments: 3766.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Sep 27, 2023
Sold by
Mclain Clifford
Bought by
Bolgrean Gary and Bolgrean Debora
Seller's Agent
Rochelle Roesler, MBA
Century 21 FM Realty
Buyer's Agent
Marlys Ailie
eXp Realty
List Price
$665,000
Sold Price
$530,000
Premium/Discount to List
-$135,000
-20.3%
Total Days on Market
111
Views
228
Current Estimated Value
$613,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,618
Avg. Annual Appreciation
8.89%
Original Mortgage
$424,000
Outstanding Balance
$417,536
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$196,082

Purchase Details

Closed on
Oct 16, 2018
Sold by
Peterson Ellis E F Tr
Bought by
Mclain Clifford L
Source: Public Records

Similar Homes in Pelican Rapids, MN

  • 47663 Henry Hill Ln, Pelican Rapids, MN 56572

    $625,000

    • 3 Beds
    • 2 Baths
    • 1,400 Sq Ft
    • 47663 Henry Hill Ln
    • Pelican Rapids, MN

    Enjoy lake life on Franklin Lake in this beautifully maintained 3-bedroom, 2-bath, single-level home offering peaceful lakefront living with 100' of lakeshore. This home features an open-concept layout with lakeside windows that flood the space with natural light and showcase breathtaking views of the water. The spacious kitchen flows seamlessly into the living and dining areas, perfect for both

    Cassie Dagenais HomeSmart Adventure Realty

    Section Image
  • 24926 Franklin Lake Rd, Pelican Rapids, MN 56572

    $735,000

    • 3 Beds
    • 2 Baths
    • 2,008 Sq Ft
    • 24926 Franklin Lake Rd
    • Pelican Rapids, MN

    This property sits on two lots with 420 feet of frontage on beautiful Franklyn Lake. You will enjoy this park like setting and the many mature trees that surround this property. This log sided home has 3 bedrooms, two baths, open floor plan, large vaulted ceilings, walk out basement, wrap around deck and views and relaxation that money can't buy. The bonus to this lake home is the additional

    Scott Breidenbach Beyond Realty

    Section Image
  • 24908 Franklin Lake Rd, Pelican Rapids, MN 56572

    $539,000

    • 3 Beds
    • 2 Baths
    • 2,376 Sq Ft
    • 24908 Franklin Lake Rd
    • Pelican Rapids, MN

    FRANKLIN 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

    Mike Carlson RE/MAX Advantage Plus

    Section Image
  • 26166 County Highway 4, Pelican Rapids, MN 56572

    $535,000

    • 3 Beds
    • 2 Baths
    • 1,680 Sq Ft
    • 26166 County Highway 4
    • Pelican Rapids, MN

    Don’t miss this incredible chance to own a rare slice of paradise on the highly sought-after Crystal and Lida Beaches along County Highway 4 on North Lake Lida! With 78 feet of level, hard sandy-bottom frontage on the stunning Lake Lida, this unique property offers breathtaking views, excellent swimming, and endless lake fun right outside your door.This property includes two charming cabins:

    Monica Klee Park Co., REALTORS®

    Section Image
  • 43849 Bass Harbor Rd, Pelican Rapids, MN 56572

    $478,000

    • 2 Beds
    • 1.5 Baths
    • 2,140 Sq Ft
    • 43849 Bass Harbor Rd
    • Pelican Rapids, MN

    PALMS BEACH CLUB! GORGEOUS ONE-LEVEL YEAR-ROUND LIVING ON LIDA! Built in 2022, this stunning 2 bd/2 ba modern SHOUSE oozes coolness. Dazzling natural light follows you throughout the home and 4-stall garage with room for toys, tools & projects PLUS entertaining and a bonus loft - currently used as a home office. The home showcases large, high-efficiency windows and wonderful amenities: 2

    Mike Carlson RE/MAX Advantage Plus

    Section Image
  • 20951 S Sand Lake Rd, Pelican Rapids, MN 56572

    $594,900

    • 3 Beds
    • 3 Baths
    • 3,308 Sq Ft
    • 20951 S Sand Lake Rd
    • Pelican Rapids, MN

    303' excellent swimming and ideal elevation on 5.35 acres offering privacy and your own private boat launching spot! This setting is very peaceful and tranquil and boasts loads of birds plus a walking trail and wildlife in the grove surrounding the building site. Whether you need space for home offices, guests, or your own hobbies, this home has it! Comfortable and appealing 3-6 bedroom, 3 bath

    Barb Backstrom Coldwell Banker Preferred Partners

    Section Image
  • 20759 S Sand Lake Rd, Pelican Rapids, MN 56572

    $525,000

    • 3 Beds
    • 2 Baths
    • 1,796 Sq Ft
    • 20759 S Sand Lake Rd
    • Pelican Rapids, MN

    Must see rambler on Sand Lake just North of Pelican Rapids. The home built in 2006 consists of 3 bedrooms and 2 bathrooms with all new flooring throughout and a 2 stall attached garage. HVAC includes in floor heat as well as forced air heat and central air conditioning. The lot is 1.64 acres in size with 200 feet of shore line on Sand Lake.

    Nate Hunter HomeSmart Adventure Realty

    Section Image
  • 48299 Lindas Beach Ln, Pelican Rapids, MN 56572

    $490,000

    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft
    • 48299 Lindas Beach Ln
    • Pelican Rapids, MN

    The perfect lake home you've been waiting for is finally here! With newer shingles, a BRAND NEW WELL and NEW SEPTIC with drain field, this one-owner property on Tamarac Lake is on the market waiting for its next owner. This home is tucked away at the end of the road on just under an acre with 150’ of sandy beach and lake frontage, it's private & peaceful. Built in 2004, it offers 3 bedrooms, 2

    Courtney Schuler REALTY XPERTS

    Section Image
  • 21890 County Highway 20, Pelican Rapids, MN 56572

    $525,000

    • 4 Beds
    • 1 Bath
    • 892 Sq Ft
    • 21890 County Highway 20
    • Pelican Rapids, MN

    PELICAN LAKE! JUST REDUCED! 2 Cabins for the price of one! This quaint property has 2 cabins situated on 89 feet of level lake frontage. The main cabin and guest cabin combine for a total of 4 bedrooms and 1 bath for 892. sq. ft. The main cabin has 2 bedrooms, 1 bath, and has been updated with new flooring & has 540 sq. ft. It has that clean coastal feeling. The guest cabin has 2 more bedrooms

    Stacy Scott Counselor Realty Detroit Lakes

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bolgrean Gary $530,000 --
Mclain Clifford L $500 Consolidated Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolgrean Gary $424,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $530,000 -8.5% $315 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $579,000 -10.2% $345 / Sq Ft
06/09/2023 06/09/23 Price Changed $645,000 -3.0% $384 / Sq Ft
05/26/2023 05/26/23 For Sale $665,000 -- $396 / 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 $4,088 $548,200 $317,200 $231,000
2023 $4,142 $583,100 $373,500 $209,600
2022 $3,766 $414,200 $0 $0
2021 $3,690 $583,100 $373,500 $209,600
2020 $3,654 $433,400 $247,300 $186,100
2019 $3,504 $394,500 $221,900 $172,600
2018 $3,058 $394,500 $221,900 $172,600
2017 $2,976 $336,700 $179,000 $157,700
2016 $2,804 $311,800 $170,700 $141,100
2015 $2,708 $0 $0 $0
2014 -- $312,000 $179,200 $132,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6377340

NorthstarMLS

APN: 17000270343000