NOT LISTED FOR SALE

25676 Lida Shores Loop Pelican Rapids, MN 56572

Estimated Value: $339,000 - $392,000

3 Beds
1 Bath
600 Sq Ft
$613/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $285,000 $475 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,128/month

175 Days on Market

Highlights

  • 75 Feet of Waterfront
  • No HOA
  • No Interior Steps
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • 1-Story Property

About This Home

As of May 2023

Cute Cabin will be selling mostly furnished. Items included; roll-in dock, possible pontoon/lift, appliances & cabin furnishings! Great sunset views , level lot with great access to North Lake Lida! Good township tarred road a short distance off of County Hwy. #4.

Last Agent to Sell the Property

Loren Seifert

Seifert Real Estate & Auction Listed on: 10/17/2022

Last Buyer's Agent

Jennifer Johnson

Park Co., REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1975

Lot Details

  • 7,492 Sq Ft Lot
  • Lot Dimensions are 75' x 130'
  • 75 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • Shared Driveway

Home Design

  • Raised Foundation
  • Pitched Roof
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Basement
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Accessible Home Design

  • No Interior Steps

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Vented Exhaust Fan
  • Baseboard Heating
  • 100 Amp Service
  • Shared Water Source
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Lida Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37000990734000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: No Stairs Internal
  • Water Source: Shared System
  • Association Amenities: Other
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 600
  • Water Body Name: North Lida
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Concrete, Raised
  • Appliances: Exhaust Fan, Microwave, Range, Refrigerator
  • Fireplace Features: Electric, Living Room
  • Living Area: 600
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Metal, Pitched
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • Lake Bottom: Soft,Weeds
  • LakeChain: N
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Shared Driveway

Utilities

  • Heating: Baseboard
  • Sewer: Holding Tank
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 75' x 130'
  • Lot Size Sq Ft: 7492.32
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 37000990734000
  • Tax Annual Amount: 1976
  • TaxWithAssessments: 2046.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2022
Closed on
May 26, 2023
Sold by
Thompson Monte
Bought by
Pederson Eliezer and Pederson Brooke
Seller's Agent
Loren Seifert
Seifert Real Estate & Auction
Buyer's Agent
Jennifer Johnson
Park Co., REALTORS®
List Price
$324,900
Sold Price
$285,000
Premium/Discount to List
-$39,900
-12.28%
Views
21
Current Estimated Value
$367,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,955
Avg. Annual Appreciation
10.41%
Original Mortgage
$282,000
Outstanding Balance
$274,293
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$93,662
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pederson Eliezer $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pederson Eliezer $282,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2023 05/26/23 Sold $285,000 -5.0% $475 / Sq Ft
04/10/2023 04/10/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $299,900 -7.7% $500 / Sq Ft
10/17/2022 10/17/22 For Sale $324,900 -- $542 / 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 $2,328 $357,400 $269,600 $87,800
2024 $2,258 $351,100 $265,600 $85,500
2023 $2,264 $298,800 $220,500 $78,300
2022 $2,214 $226,400 $0 $0
2021 $2,046 $298,800 $220,500 $78,300
2020 $1,802 $224,800 $173,700 $51,100
2019 $1,808 $188,900 $141,500 $47,400
2018 $1,816 $188,900 $141,500 $47,400
2017 $1,366 $189,600 $147,100 $42,500
2016 $1,272 $139,500 $97,500 $42,000
2015 $1,242 $0 $0 $0
2014 -- $134,700 $93,800 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6272266

NorthstarMLS

APN: 37000990734000