NOT LISTED FOR SALE

26604 Island Air Dr Park Rapids, MN 56470

Estimated Value: $283,000 - $434,000

3 Beds
2 Baths
1,648 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $178,200 $108 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $2,090/month

83 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Deck
  • 1-Story Property
  • Docks
  • Fireplace
  • Central Air

About This Home

As of May 2012

Island Lake home with airstrip and hangar! Set on 300 feet of gorgeous lakeshore with breathtaking views, this 3 bedroom home has 3.5 acres of land, a 50'x55' airplane hangar and lots of privacy

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 01/24/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 01/24/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,578

Year Built

  • 1978

Lot Details

  • 3.5 Acre Lot
  • Lot Dimensions are 300x500
  • 300 Feet of Waterfront

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,648 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Docks
  • Deck

Utilities

  • Central Air
  • Baseboard Heating
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,578

Year Built

1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Deck, Dock
  • Estimated Number of Acres: 3.5
  • Chain Acreage: 3060.87
  • Construction: Previously Owned
  • Foundation Size: 164
  • Projected Closed Date: 05/11/2012
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 2782
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Dining Room: Combine with Living Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 19x11, On Level: Main
  • Room 2: Dining Room, 10x11, On Level: Main
  • Room 4: Kitchen, 11x7, On Level: Main
  • Room 5: Bedroom, 17x11, On Level: Main
  • Room 6: Bedroom, 8x11, On Level: Main
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1648
  • Total Fin Square Footage: 1648

Exterior Features

  • LakeAcres: 541.25
  • Waterfront Name: Island
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 300

Utilities

  • Cooling: Central
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: Private

Schools

  • School District: Park Rapids #309

Lot Info

  • Estimated Lot Dimensions: 300x500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2012
Closed on
May 9, 2012
Sold by
Burnham Wesley H and Burnham Arthur W
Bought by
Ramlo Lois Ann
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$279,900
Sold Price
$178,200
Premium/Discount to List
-$101,700
-36.33%
Current Estimated Value
$354,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,467
Avg. Annual Appreciation
5.25%
Original Mortgage
$142,560
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramlo Lois Ann $178,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramlo Lois Ann $142,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $178,200 -36.3% $108 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
01/24/2012 01/24/12 For Sale $279,900 -- $170 / 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 $2,578 $369,000 $191,200 $177,800
2023 $3,112 $436,000 $195,800 $240,200
2022 $1,946 $233,200 $65,000 $168,200
2021 $1,756 $202,300 $64,900 $137,400
2020 $1,788 $187,500 $60,700 $126,800
2019 $1,756 $184,500 $56,600 $127,900
2018 $1,750 $174,200 $53,600 $120,600
2016 $1,526 $162,600 $61,400 $101,200
2015 $1,284 $146,700 $50,200 $96,500
2014 $1,182 $137,300 $49,900 $87,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4136801

REALTOR® Association of Southern Minnesota

APN: 02.39.01500