NOT LISTED FOR SALE

27123 Shelstad Ln Merrifield, MN 56465

Estimated Value: $505,000 - $631,000

4 Beds
2.5 Baths
1,853 Sq Ft
$306/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $480,000 $259 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,377/month

8 Days on Market

Highlights

  • Lake Front
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • Living Room

About This Home

As of October 2022

A Quiet Dead-End Street Takes You to This Fantastic Multi-Level on The East Side of Pristine Lougee w/Over 33’ of Sandy Lakeshore Covering .81 Acres. Home Features a Complete Remodel w/Gas Fireplace, Stainless Appliances & Granite, 4 Generously Sized Bedrooms, 2 1/4 Baths w/Forced Air. Watch the Dreamy Sun Sets & Seasons Change From Your Private Lakefront Balcony. Exterior Boasts a Large Composite Deck, Concrete Patio, Fire Pit & Large Greenspace. New Septic & Roll Out Dock Included! Store the Toys in Your 12 x 24 Shed. Schedule YOUR Showing TODAY & Come See What Lake Like Life Has to Offer!

Last Agent to Sell the Property

Melanie Emery

Ewing Real Estate Group Listed on: 08/31/2022

Last Buyer's Agent

Jeff Kruschek

RE/MAX Central MN

RE/MAX Central MN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1975

Lot Details

  • 0.81 Acre Lot
  • Lake Front

Home Design

  • Split Level Home

Interior Spaces

  • 1,853 Sq Ft Home
  • 1 Fireplace
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 820364408D00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 1853
  • Water Body Name: Lougee
  • Unit Levels: Four or More Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Drain Tiled, Finished, Sump Pump, Walkout
  • Living Area: 1853
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Panoramic, West
  • Lake Acres: 211
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4

Garage/Parking

  • Parking Features: Driveway - Other Surface, Open
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Crosby-Ironton
  • SchoolDistrictNumber: 182
  • SchoolDistrictPhone: 218-545-8801

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: See Map In Supps
  • Lot Size Sq Ft: 35283.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 820364408D00009
  • Tax Annual Amount: 1686
  • TaxWithAssessments: 1686.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 7, 2022
Sold by
Justin Bowser Rental Llc A Minnesota L
Bought by
Alexander Kevin and Prive Kathryn
Seller's Agent
Melanie Emery
Ewing Real Estate Group
Buyer's Agent
Jeff Kruschek
RE/MAX Central MN
List Price
$449,500
Sold Price
$480,000
Premium/Discount to List
$30,500
6.79%
Views
1
Current Estimated Value
$587,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,580
Avg. Annual Appreciation
6.35%
Original Mortgage
$480,000
Outstanding Balance
$463,292
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$108,089

Purchase Details

Closed on
Nov 28, 2017
Sold by
Internal Revenue Service
Bought by
Justin Bowser Rental Llc

Purchase Details

Closed on
Sep 1, 1995
Sold by
Hankel Daryl E
Bought by
Scott Sean S
Source: Public Records

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
Alexander Kevin $480,000 --
Justin Bowser Rental Llc $110,000 --
Scott Sean S $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Kevin $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $480,000 0.0% $259 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/03/2022 09/03/22 Off Market $480,000 -- --
08/31/2022 08/31/22 For Sale $449,500 -- $243 / 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 $1,916 $400,900 $184,200 $216,700
2023 $1,484 $295,000 $190,400 $104,600
2022 $1,686 $284,200 $179,200 $105,000
2021 $1,312 $244,000 $178,700 $65,300
2020 $1,588 $181,000 $120,000 $61,000
2019 $1,562 $209,800 $150,200 $59,600
2018 $1,492 $203,500 $150,200 $53,300
2017 $1,454 $195,900 $143,400 $52,500
2016 $1,460 $191,000 $137,900 $53,100
2015 $1,386 $179,200 $132,000 $47,200
2014 $717 $183,600 $125,500 $58,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6255514

NorthstarMLS

APN: 820364408D00009