NOT LISTED FOR SALE

27431 340th Ave Underwood, MN 56586

Estimated Value: $271,000 - $322,000

2 Beds
1 Bath
800 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 15, 2015

Last sale price $164,500 $206 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,784/month

182 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Sandy Beach
  • Bathroom on Main Level
  • Docks
  • Deck
  • 1-Story Property

About This Home

As of April 2015

Cute nostalgic cabin with 1990 addition and sandy beach on East Lost Lake!! 2 bedroom, 1 Bath with open living space. Great views of the lake! 50 feet of level, sandy frontage and 450 feet of depth with lots of room to expand. Storage buildings for Lake ''toys'' and dead end road for privacy. Nothing to do here, but enjoy the lake!!

Last Agent to Sell the Property

Tom Verhelst

Keller Williams Realty Professionals Listed on: 09/17/2014

Co-Listed By

Karen Zell Verhelst

Keller Williams Realty Professionals

Last Buyer's Agent

Tom Verhelst

Keller Williams Realty Professionals Listed on: 09/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • 1935

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 50 x 450
  • 50 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Sandy Beach
  • Street terminates at a dead end

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 57-000-01-0007-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

1935

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Seasonal Recreational
  • Amenities Exterior: Deck, Dock, Driveway - Gravel
  • Estimated Number of Acres: 0.5
  • Beach Type: Hard, Sand
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 57-000-01-0007-003
  • Projected Closed Date: 04/15/2015
  • Remodeled Addition: Yes
  • Stories: 1 Story
  • Street Designation: Avenue
  • Taxes With Assessments: 1078
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1935

Interior Features

  • Dining Room: Combine with Kitchen
  • Appliances: Cooktop, Microwave, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Bedroom, 11x11.5, On Level: Main
  • Room 2: Bedroom, 9x10, On Level: Main
  • Room 9: Kitchen, 11x11.4, On Level: Main
  • Room 12: Living Room, 15.8x20, On Level: Main
  • Finished Above Grade Sq Ft: 800
  • Total Square Footage: 800

Exterior Features

  • Frontage Road: County, Dead End/No Outlet, Gravel
  • Lake Class: Recreation Dvelopmnt
  • Waterfront Name: East Lost
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 50
  • Waterfront Description: Lake

Utilities

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

Schools

  • School District: Underwood #550

Lot Info

  • Estimated Lot Dimensions: 50 x 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Apr 10, 2015
Sold by
Sletten Audrey Audrey
Bought by
Loeb Edmund and Reese Loeb, Kristi
Seller's Agent
Tom Verhelst
Keller Williams Realty Professionals
Buyer's Agent
Tom Verhelst
Keller Williams Realty Professionals
List Price
$169,500
Sold Price
$164,500
Premium/Discount to List
-$5,000
-2.95%
Current Estimated Value
$300,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,231
Avg. Annual Appreciation
5.98%
Original Mortgage
$163,000
Outstanding Balance
$125,978
Interest Rate
3.77%
Estimated Equity
$174,753
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
Loeb Edmund $164,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loeb Edmund $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2015 04/15/15 Sold $164,500 -2.9% $206 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
09/17/2014 09/17/14 For Sale $169,500 -- $212 / 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
2025 $1,782 $261,800 $151,600 $110,200
2024 $1,782 $226,400 $119,700 $106,700
2023 $1,528 $176,800 $80,200 $96,600
2022 $1,598 $152,800 $0 $0
2021 $1,144 $176,800 $80,200 $96,600
2020 $1,196 $119,100 $71,800 $47,300
2019 $1,180 $115,100 $74,300 $40,800
2018 $1,140 $115,100 $74,300 $40,800
2017 $1,168 $108,100 $74,000 $34,100
2016 $1,162 $109,000 $74,000 $35,000
2015 $1,078 $0 $0 $0
2014 -- $102,700 $68,600 $34,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2015

    Tom Verhelst

    Keller Williams Realty Professionals

  • K

    Seller Co-Listing Agent in 2015

    Karen Zell Verhelst

    Keller Williams Realty Professionals

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4675589

REALTOR® Association of Southern Minnesota

APN: 57000010007003

Minnesota Otter Tail County Underwood 56586

27431 340th Ave, Underwood, MN

This home is located at 27431 340th Ave, Underwood, MN 56586 since 17 September 2014 and is currently estimated at $300,731, approximately $375 per square foot. This property was built in 1935. 27431 340th Ave is a home located in Otter Tail County with nearby schools including Underwood Elementary School and Underwood Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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