NOT LISTED FOR SALE

26990 Iris Dr Park Rapids, MN 56470

Estimated Value: $440,000 - $484,180

2 Beds
1.5 Baths
1,228 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $428,500 $349 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,611/month

47 Days on Market

Highlights

  • 400 Feet of Waterfront
  • Sun or Florida Room
  • 1-Story Property
  • Lake View
  • No HOA
  • Combination Dining and Living Room

About This Home

As of October 2024

If you are looking for that perfect "Up North" getaway, this is the place! This well taken care of 2 bed, 2 bath cabin boasts many updates. Most recent updates include new flooring throughout and updated shower in bathroom. Enjoy the feeling of being "right on the water" from the huge lakeside Marvin Windows. Peace and tranquility will be enjoyed with 4.5 acres of privacy and 400' of beautiful shoreline. Comes mostly furnished along with dock and paddleboat. Compliant septic.

Last Agent to Sell the Property

Heather Steffel

Wolff & Simon Real Estate Listed on: 08/29/2024

Last Buyer's Agent

Stephen Kopkie

Wolff & Simon Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1956

Lot Details

  • 4.55 Acre Lot
  • Lot Dimensions are 405x500x488x400
  • 400 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Cedar

Interior Spaces

  • 1,228 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Propane
  • Private Water Source
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 161102110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,194

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1956
  • Above Grade Finished Sq Ft: 1228
  • Water Body Name: Stocking
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 1228
  • Basement YN: No
  • Dining Room Type: Kitchen, Sun Room, Living Room, Dining Room, Bedroom 1, Bedroom 2

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • One Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • View: Lake
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Concrete,Frame
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 400

Garage/Parking

  • Parking Features: Detached, Asphalt

Utilities

  • Heating: Space Heater
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Main Floor Primary Bedroom,Natural Woodwork,Sun Room

Schools

  • Junior High Dist: Park Rapids
  • SchoolDistrictPhone: 218-237-6500

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 405x500x488x400
  • Lot Size Sq Ft: 198198
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 161102110
  • Tax Annual Amount: 2194
  • TaxWithAssessments: 2194.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2024
Closed on
Oct 31, 2024
Sold by
Forsberg Tyler and Kramer Kathleen
Bought by
Palzkill Timothy G and Palzkill Margaret M
Seller's Agent
Heather Steffel
Wolff & Simon Real Estate
Buyer's Agent
Stephen Kopkie
Wolff & Simon Real Estate
List Price
$435,000
Sold Price
$428,500
Premium/Discount to List
-$6,500
-1.49%
Views
30
Current Estimated Value
$459,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,795
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Apr 8, 2022
Sold by
Forsberg Cabin Trust
Bought by
Forsberg Beverly A and Forsberg Friend J

Purchase Details

Closed on
Oct 9, 2009
Sold by
Forsberg Friend J and Forsberg Beverly A
Bought by
Forsberg Friend J and Forsberg Cabin Trust

Purchase Details

Closed on
Jan 28, 2009
Sold by
Forsberg Friend J and Forsberg Beverly A
Bought by
Forsberg Friend J and Forsberg Beverly A
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Palzkill Timothy G $428,500 None Listed On Document
Palzkill Timothy $428,500 --
Forsberg Beverly A $374,000 Thomason Swanson & Zahn Pllc
Forsberg Friend J -- None Available
Forsberg Friend J -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2024 10/31/24 Sold $428,500 -1.5% $349 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
08/29/2024 08/29/24 For Sale $435,000 -- $354 / 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
2024 $2,510 $375,300 $194,700 $180,600
2023 $2,282 $332,100 $172,100 $160,000
2022 $1,788 $292,400 $148,800 $143,600
2021 $1,646 $201,200 $119,800 $81,400
2020 $1,714 $190,600 $115,000 $75,600
2019 $1,974 $193,700 $115,000 $78,700
2018 $1,982 $220,400 $129,500 $90,900
2016 $2,142 $220,500 $129,500 $91,000
2015 $1,998 $235,300 $146,800 $88,500
2014 $1,978 $232,000 $150,800 $81,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6594007

NorthstarMLS

APN: 16.11.02110