$630,000

27096 Little Floyd Lake Rd Detroit Lakes, MN 56501

Estimated payment $3,578/month

Total Views 11,017
4 Beds
2 Baths
1,248 Sq Ft
$505 Price per Sq Ft

Highlights

  • 351 Feet of Waterfront
  • Beach
  • 1-Story Property
  • Dock Facilities
  • Patio
  • Baseboard Heating

About This Home

Imagine waking up to serene lake views and the promise of outdoor adventures. This West-End of Madsen Grove Resort building entails 2 units with a shared wall totaling 4 beds / 2 baths / 2 kitchens. Step outside to discover a world of recreation from the expansive lakeside paver patio. Whether you're an investor, avid angler, water sports enthusiast, or simply love to bask in the tranquility of lake views, this property offers it all. Each unit comes with a dedicated boat slip and 2 unassigned parking spaces. End each day with breathtaking sunsets over the water, or a boat ride to Sunlite bar & grill just across the lake.

Unit 1: The larger of the two - Currently set up as a active vacation rental - providing immediate income - featuring 2 bedrooms, 1 bathroom with laundry closet and custom tile shower, eat-in kitchen, entrance with bench and storage, and a large living room.

Unit 2: Owner occupied - smaller of the two units with high end finishes. Features 2 beds, 1 bath with custom tile shower, electric floor heat, quartz vanity, and custom stone backsplash. The gourmet kitchen is a chef's dream, boasting high-end stainless steel appliances, sleek cabinetry, and a stylish stone-faced / Cambria-quartz island with comfortable seating. Natural light floods the space through large windows, while the stone accent wall adds a touch of rustic charm.

Units were completely renovated in 2016-2017 - Including but not limited to - New wiring, plumbing, insulated septic lines, electrical, spray foam insulation, led fixtures, custom cabinetry, quartz / laminate counters, energy star stainless appliances, speed queen washer/dryers, tile, carpet, and vinyl plank flooring. Steel roofing and siding in 2015. Shared holding tanks pumped by 3rd party through HOA.

Listing Agent

Chris Nord

The Real Estate Company of Detroit Lakes Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,048

Year Built

  • Built in 1963

Lot Details

  • 351 Feet of Waterfront
  • Lake Front
  • Chain Link Fence
  • Additional Parcels

Home Design

  • Duplex
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Dock Facilities
  • Patio

Utilities

  • Space Heater
  • Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Shared Water Source
  • Sand Point Well
  • Well
  • Shared Septic

Listing and Financial Details

  • The owner pays for all utilities, electricity, insurance, grounds care, repairs, snow removal, taxes, trash collection
  • Assessor Parcel Number 081114000

Community Details

Overview

  • 2 Units
  • Madsens Grove Subdivision

Recreation

  • Beach

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,048

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Subtype 1: Duplex Side by Side
  • Accessibility Features: None
  • Water Source: Shared System, Sand Point, Well
  • Association Amenities: Beach, Boat Slip, Dock
  • Year Built: 1963
  • Above Grade Finished Sq Ft: 1248
  • Water Body Name: Little Floyd
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Cable,DSL
  • FoundationDimensions: Irregular
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Living Area: 1248
  • Owner Pays: All Utilities, Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
  • Basement YN: Yes
  • Amenities: Ceiling Fan(s),Dock
  • Appliances: Dishwasher,Dryer,Fuel Tank - Rented,Microwave,Range,Stainless Steel Appliances
  • Number Of Fireplaces: 0
  • Total Rooms: 7
  • Amenities: Dock,Patio
  • Appliances: Dishwasher,Dryer,Energy Star Appliances,Microwave,Range,Stainless Steel Appliances
  • Total Rooms: 6
  • Shared Rooms: Other
  • Number Of Fireplaces: 1

Beds/Baths

  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal, Pitched
  • Fencing: Chain Link
  • View: East, Lake, North, West
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio
  • Lake Acres: 231
  • Lake Bottom: Sand,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 351

Garage/Parking

  • Parking Features: Gravel, Parking Lot
  • Garage Square Feet: 0
  • Garage Door Height: 0
  • Other Parking Spaces: 2

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Fireplace(s), Heat Pump, Radiant Floor, Space Heater
  • Sewer: Holding Tank, Shared Septic
  • Electric: 100 Amp Service
  • Fuel: Electric
  • Number of Ranges: Two

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: Irregular
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels Description: 081114001
  • Additional Parcels: Yes
  • Zoning Description: Business/Commercial
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding
  • Units Total: 2

Rental Info

  • Expenses: 0.0000

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 081114000
  • Tax Annual Amount: 2048
  • TaxWithAssessments: 2048.3100

Multi Family

  • TenantPays: Janitorial Service
  • WaterfrontFeatures: Lake Front
  • Number Of Refrigerators: Two

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,902 $1,341,200 $544,600 $796,600
2024 $8,902 $1,198,200 $424,400 $773,800
2023 $8,196 $966,800 $424,400 $542,400
2022 $7,946 $818,600 $393,100 $425,500
2021 $7,792 $793,200 $393,100 $400,100
2020 $8,010 $793,200 $393,100 $400,100
2019 $6,190 $794,800 $393,100 $401,700
2018 $5,904 $621,700 $332,100 $289,600
2017 $6,984 $675,700 $321,100 $354,600
2016 $2,794 $677,600 $321,100 $356,500
2015 $2,948 $601,000 $323,600 $277,400
2014 -- $591,000 $323,600 $267,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 Price Changed $630,000 -2.0% $505 / Sq Ft
06/15/2025 06/15/25 Price Changed $643,000 -0.9% $515 / Sq Ft
05/28/2025 05/28/25 For Sale $649,000 0.0% $520 / Sq Ft
10/08/2024 10/08/24 For Rent $1,100 -- --
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $490,000 Becker Cnty Title Svcs Inc
Limited Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $406,400 Purchase Money Mortgage
Previous Owner $273,900 Stand Alone Refi Refinance Of Original Loan
Previous Owner $162,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6728434

NorthstarMLS

APN: R081114000