NOT LISTED FOR SALE

25699 County Road 338 Bovey, MN 55709

Estimated Value: $297,947 - $420,000

2 Beds
2 Baths
1,568 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 02, 2012

Last sale price $235,000 $150 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,083/month

13 Days on Market

Highlights

  • 80 Acre Lot
  • Wood Flooring
  • 3 Car Detached Garage
  • Deck
  • Workshop
  • Porch

About This Home

As of July 2012

Custom designed 2+ bedroom home with a ranch porch overlooking a private lake and King lake. This energy efficient maintenance free home was constructed in 2004 with a 60x32 insulated heated metal garage that has a workshop set on 80 very private ( end of the road) acres. The home has an open floor plan and is handicap accessible the features include: white oak flooring, 9 ft ceilings with canister lights, stonework, lead glass built-in pieces,Marvin windows,custom doors, hickory cabinets,white pine custom breakfast bar,wood beams, and an unfinished lower level with lots of light and windows for possible bedrooms or family space. Enjoy hunting deer, ducks and grouse, or fish in the private lake for panfish and bass. Wildlife is plentiful here at this convenient location between Grand Rapids, Hibbing and Bigfork. This is a wow place!

Last Agent to Sell the Property

ROBERT ELLIES

RE/MAX THOUSAND LAKES Listed on: 05/09/2012

Last Buyer's Agent

JASON SHEIMAN

1st ADVANTAGE REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,454

Year Built

  • Built in 2004

Lot Details

  • 80 Acre Lot
  • Lot Dimensions are 1320x2640
  • Landscaped

Parking

  • 3 Car Detached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • Woodwork
  • Combination Kitchen and Dining Room
  • Workshop
  • Wood Flooring
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Basement

  • Partial Basement
  • Block Basement Construction

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Water Softener Leased
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 04-104-2300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,454

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Eat-In Kitchen, Hardwood Floors, Natural Woodwork
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 80
  • Mechanicals: Water Softener-Rented
  • Parcel Number: 04-104-2300
  • Range: 24
  • Section: 04
  • Stories: 1.25 - 1.75 Story
  • Twp Number: 58
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Living Room, 23x16, On Level: Main
  • Room 8: Bedroom, 15x12, On Level: Main
  • Room 9: Bedroom, 15x24, On Level: Upper
  • Room 12: Other
  • Room 13: Other
  • Room 14: Other
  • Room 15: Other
  • Room 16: Kitchen, 23x11, On Level: Main
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Total Fin Square Footage: 1568

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Vinyl, Wood
  • Out Buildings: Workshop
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned, Wood
  • Heat: Forced Air
  • Sewer: Private

Schools

  • School District: Grand Rapids #318

Lot Info

  • Estimated Lot Dimensions: 1320x2640
  • Lot/Land Description: Landscaped, Low Land

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2012
  • Tax Value: 1454

MLS Schools

  • School District: Grand Rapids #318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Jun 29, 2012
Sold by
Merkwan Michael J and Merkwan Gerri L
Bought by
Swain John E and Swain Violet Payne
Seller's Agent
ROBERT ELLIES
RE/MAX THOUSAND LAKES
Buyer's Agent
JASON SHEIMAN
1st ADVANTAGE REAL ESTATE
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$362,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,649
Avg. Annual Appreciation
3.11%
Original Mortgage
$141,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Swain John E $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Swain John E $141,000
Previous Owner Merkwan Michael J $95,000
Previous Owner Merkwan Michael Jerome $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2012 07/02/12 Sold $235,000 -2.1% $150 / Sq Ft
05/22/2012 05/22/12 Pending -- -- --
05/09/2012 05/09/12 For Sale $240,000 -- $153 / 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
2024 $1,332 $238,400 $64,600 $173,800
2023 $1,332 $231,400 $55,200 $176,200
2022 $1,092 $229,800 $53,600 $176,200
2021 $1,026 $143,800 $46,500 $97,300
2020 $1,094 $136,400 $45,100 $91,300
2019 $1,426 $134,900 $43,600 $91,300
2018 $1,296 $165,600 $59,700 $105,900
2017 $1,328 $0 $0 $0
2016 $1,264 $0 $0 $0
2015 $1,322 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4203458

REALTOR® Association of Southern Minnesota

APN: 04-104-2300