NOT LISTED FOR SALE

27443 340th Ave Underwood, MN 56586

Estimated Value: $310,000 - $353,000

2 Beds
1 Bath
664 Sq Ft
$498/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $315,000 $474 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,909/month

34 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Stainless Steel Appliances
  • Living Room
  • No HOA
  • Porch
  • 1-Story Property

About This Home

As of July 2024

Escape to your haven on the shores of East Lost Lake in picturesque Otter Tail County. This seasonal cabin sits on a half-acre level lot, with sandy lake frontage & beautiful water for swimming, boating, fishing and other water fun. Located on a quiet road with no through traffic, the cabin is west-facing, and the sunset views are amazing!

An open floor plan in the cabin + attached 3-season porch provides extra space for guests. Lakeside deck & patio with gazebo & grilling area for entertaining; Updated electrical; High-speed internet service available. Improvements in last 4 years: Kitchen remodel w/ quartz counters & stainless appliances; Wi-Fi enabled Minisplit heating/cooling system; New roof, soffit, facia & gutters; New flooring.

Located just a short drive from small towns, golf courses, biking/hiking/walking trails & more, this is your opportunity to own a piece of Minnesota's lake country! Don't let this chance slip away... Start making memories that will last a lifetime.

Last Agent to Sell the Property

Lara Burnside

eXp Realty Listed on: 05/15/2024

eXp Realty

Last Buyer's Agent

Bobbi Solien

Town & Country Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1925

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 60 x 400
  • 60 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end

Interior Spaces

  • 664 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Range
  • Microwave
  • Freezer
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Porch

Utilities

  • Baseboard Heating
  • Well
  • Septic System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 57000010008000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split, Window Unit(s)
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 664
  • Water Body Name: East Lost
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Disposal, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances
  • Living Area: 664
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bathroom, Porch

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: Lake, West
  • Other Structures: Other, Storage Shed
  • Lake Acres: 483
  • Lake Bottom: Sand,Soft
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 60

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Baseboard, Ductless Mini-Split
  • Sewer: Holding Tank, Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Electric
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Patio,Porch,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Underwood
  • SchoolDistrictNumber: 550
  • SchoolDistrictPhone: 218-826-6101

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 60 x 400
  • Lot Size Sq Ft: 27007.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 57000010008000
  • Tax Annual Amount: 1228
  • TaxWithAssessments: 1308.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2024
Closed on
Jul 8, 2024
Sold by
Scott Michael and Scott April
Bought by
Schaefer Nathan and Schaefer Ronda
Seller's Agent
Lara Burnside
eXp Realty
Buyer's Agent
Bobbi Solien
Town & Country Realty
List Price
$314,900
Sold Price
$315,000
Premium/Discount to List
$100
0.03%
Views
37
Current Estimated Value
$330,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,973
Avg. Annual Appreciation
-2.24%

Purchase Details

Closed on
Jun 23, 2017
Sold by
Chaussee and Katie
Bought by
Scott Michael and Scott April Michael
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Schaefer Nathan $315,000 --
Scott Michael $147,000 Attorney Only
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $315,000 0.0% $474 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $314,900 +197.1% $474 / Sq Ft
05/16/2012 05/16/12 Sold $106,000 -14.9% $160 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
06/07/2011 06/07/11 For Sale $124,500 -- $188 / 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
2025 $1,308 $204,400 $173,900 $30,500
2024 $1,308 $165,700 $136,400 $29,300
2023 $1,014 $116,300 $90,300 $26,000
2022 $1,062 $101,400 $0 $0
2021 $1,050 $116,300 $90,300 $26,000
2020 $1,128 $109,500 $82,100 $27,400
2019 $1,134 $110,800 $85,200 $25,600
2018 $1,150 $110,800 $85,200 $25,600
2017 $1,180 $109,100 $84,800 $24,300
2016 $1,166 $109,300 $84,800 $24,500
2015 $1,088 $0 $0 $0
2014 -- $102,300 $78,300 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6536495

NorthstarMLS

APN: 57000010008000