NOT LISTED FOR SALE

25930 Lida Shores Loop Pelican Rapids, MN 56572

Estimated Value: $414,117 - $525,000

2 Beds
1 Bath
780 Sq Ft
$597/Sq Ft Est. Value

Last Sold May 09, 2024

Last sale price $402,000 $515 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,667/month

19 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Bonus Room
  • Living Room
  • Deck
  • No HOA
  • No Interior Steps

About This Home

As of May 2024

LAKE LIDA -Level lot and great swimming with 50' rip rapped lake frontage. Start making your memories at this updated 2 bedroom insulated cabin with open living area, full bath, and large lakeside deck with fantastic lake views! A huge bonus is the 12 x 22 boat house with cement floor that has part finished and insulated, with AC, and currently used as a cute bunkhouse with a great lake view and could also be used as a playroom or beach bar if you wish! Asphalt driveway and all asphalt access to this perfect getaway! Many updates include upgraded insulation in attic and crawl space, new vinyl plank flooring throughout, new countertops and kitchen sink, eating bar, mini split unit for AC and heat. Newer windows, vinyl siding, metal soffits and fascia. Schedule your showing today!

Last Agent to Sell the Property

Barb Backstrom

Coldwell Banker Preferred Partners Listed on: 04/01/2024

Coldwell Banker Preferred Partners

Last Buyer's Agent

Michelle Borud

Beyond Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,803

Year Built

  • Built in 1972

Lot Details

  • 5,401 Sq Ft Lot
  • Lot Dimensions are 50 x 101
  • 50 Feet of Waterfront
  • Lake Front
  • Zoning described as Shoreline

Parking

  • Open Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating
  • 100 Amp Service
  • Private Water Source

Additional Features

  • No Interior Steps
  • Deck

Community Details

  • No Home Owners Association
  • Lake Lida Lida Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37000990786000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,803

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Accessibility Features: No Stairs Internal
  • Water Source: Submersible - 4 Inch, Private
  • Year Built: 1972
  • Above Grade Finished Sq Ft: 780
  • Water Body Name: North Lida
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 780
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bonus Room

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Bunk House
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Baseboard, Ductless Mini-Split
  • Sewer: Holding Tank, Private Sewer
  • 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: 50 X 101
  • Lot Size Sq Ft: 5401.44
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 37000990786000
  • Tax Annual Amount: 1803
  • TaxWithAssessments: 2568.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 9, 2024
Sold by
Garberg Bruce
Bought by
Murphy Matthew and Murphy Rebecca
Seller's Agent
Barb Backstrom
Coldwell Banker Preferred Partners
Buyer's Agent
Michelle Borud
Beyond Realty
List Price
$425,000
Sold Price
$402,000
Premium/Discount to List
-$23,000
-5.41%
Views
80
Current Estimated Value
$466,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,029
Avg. Annual Appreciation
9.74%
Original Mortgage
$281,400
Outstanding Balance
$277,386
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$188,643

Purchase Details

Closed on
Sep 10, 2021
Sold by
Vanahn-Kjeseth Kristi Kristi
Bought by
Garberg Bruce Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
2.88%

Purchase Details

Closed on
Apr 15, 2020
Sold by
Mimi Properties Llc
Bought by
Kjeseth Jason E and Kjeseth Kristi V
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
Murphy Matthew $402,000 --
Garberg Bruce Bruce $340,000 --
Kjeseth Jason E $249,000 Title Co Fargo
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Matthew $281,400
Previous Owner Garberg Bruce Bruce $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2024 05/09/24 Sold $402,000 -5.4% $515 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/11/2024 04/11/24 For Sale $425,000 -- $545 / 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 $2,616 $303,700 $191,400 $112,300
2024 $2,568 $296,500 $187,400 $109,100
2023 $2,550 $250,900 $155,600 $95,300
2022 $2,314 $255,000 $0 $0
2021 $2,204 $250,900 $155,600 $95,300
2020 $1,837 $172,600 $115,400 $57,200
2019 $2,040 $147,200 $94,400 $52,800
2018 $2,008 $147,200 $94,400 $52,800
2017 $1,266 $144,300 $94,400 $49,900
2016 $1,174 $129,200 $83,000 $46,200
2015 $1,130 $0 $0 $0
2014 -- $123,300 $79,800 $43,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6512293

NorthstarMLS

APN: 37000990786000