NOT LISTED FOR SALE

26699 Pelican Beach Rd Merrifield, MN 56465

Estimated Value: $279,802 - $434,000

2 Beds
1 Bath
912 Sq Ft
$427/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $147,500 $162 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,263/month

66 Days on Market

Highlights

  • 135 Feet of Waterfront
  • Porch
  • Landscaped with Trees
  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Bathroom on Main Level

About This Home

As of October 2014

Move in ready cabin on Markee Lake! This 2 bed, 1 bath cabin sits on a large double lot with over 130' of beach front. Move in ready. 2 stall 30 x 24 garage, newer appliances and a short .8 mile walk to Pelican Beach.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,263

Year Built

  • Built in 1985

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 123 x 320
  • 135 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 73118009005Z009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,263

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Gravel, Porch
  • Estimated Number of Acres: 0.83
  • Construction: Previously Owned
  • Foundation Size: 912
  • Parcel Number: 73118009005Z009
  • Projected Closed Date: 10/24/2014
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 1263
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16.6x13.6, On Level: Main
  • Room 2: Dining Room, 13.6x13, On Level: Main
  • Room 4: Kitchen, 13.6x13, On Level: Main
  • Room 5: Bedroom, 11x10, On Level: Main
  • Room 6: Bedroom, 10.6x11, On Level: Main
  • Room 9: Porch, 23x8, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 912
  • Total Fin Square Footage: 912

Exterior Features

  • Frontage Road: Paved
  • LakeAcres: 103.81
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 135
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Crosby-Ironton #182

Lot Info

  • Estimated Lot Dimensions: 123 x 320
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2014
  • Tax Value: 1263

MLS Schools

  • School District: Crosby-Ironton #182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2014
Closed on
Oct 10, 2014
Sold by
Haehnel Arthur Arthur
Bought by
Schmitz Kenneth and Schmitz Sharon
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%
Total Days on Market
66
Current Estimated Value
$389,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,701
Avg. Annual Appreciation
9.66%
Original Mortgage
$80,000
Outstanding Balance
$62,186
Interest Rate
4.09%
Estimated Equity
$327,015

Purchase Details

Listed on
Jun 30, 2014
Closed on
Oct 1, 2014
Sold by
Haehnel Arthur
Bought by
Schmitz Kenneth and Schmitz Sharon
List Price
$159,900
Sold Price
$147,500
Premium/Discount to List
-$12,400
-7.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$62,186
Interest Rate
4.09%
Estimated Equity
$327,015

Range of Values:

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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
Schmitz Kenneth $147,500 --
Schmitz Kenneth $147,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Kenneth $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $147,500 -7.8% $162 / Sq Ft
09/04/2014 09/04/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $159,900 -- $175 / 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 $1,136 $251,100 $140,800 $110,300
2023 $1,108 $255,000 $150,200 $104,800
2022 $958 $217,600 $113,200 $104,400
2021 $952 $145,800 $80,500 $65,300
2020 $984 $140,000 $80,700 $59,300
2019 $1,264 $139,300 $80,300 $59,000
2018 $1,222 $174,300 $104,500 $69,800
2017 $1,186 $168,600 $104,500 $64,100
2016 $1,240 $166,400 $103,700 $62,700
2015 $1,260 $165,000 $103,700 $61,300
2014 $638 $163,600 $103,700 $59,900
Source: Public Records

Map

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Source: REALTOR® Association of Southern Minnesota

MLS Number: 4641942

REALTOR® Association of Southern Minnesota

APN: 73118009005Z009