$290,000
SOLD SEP 6, 2024

27729 394th Ln Aitkin, MN 56431

3 Beds
1 Bath
1,457 Sq Ft
2.19 Acres

Recently Sold

$199 Per Sq Ft

3% Below List Price

12 Days on Market

Highlights

  • 211 Feet of Waterfront
  • Guest House
  • Deck
  • Beach Access
  • 95,396 Sq Ft lot
  • Main Floor Primary Bedroom

About This Home

As of September 2024

Discover this charming 3-bedroom furnished cabin with a loft and cozy gas fireplace, perfect for entertaining guests. Nestled on 2+ wooded acres, it ensures tranquility and privacy, and boasts a stunning view of over 200 feet of lakeshore. The open floor plan features an updated kitchen that includes an island and granite countertops with a view of the loft from the living room. Enjoy the outdoors by sitting on the deck and listening to the loons and other wildlife. Recent upgrades include a new hot water heater. The guest house could easily be converted into a garage, and you have multiple sheds for storing all your lake toys. While the property needs some TLC to restore its full outside luster, it offers immense potential. Located on Portage Lake that has offered the seller years of great fishing and breathtaking sunsets that you too could enjoy with your family and friends. Come take a look.

Last Agent to Sell the Property

Cindy Thrun

NOW Realty Listed on: 07/26/2024

Last Buyer's Agent

Kay Hill

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 1984

Lot Details

  • 2.19 Acre Lot
  • Lot Dimensions are 188x502x211x482
  • 211 Feet of Waterfront
  • Lake Front

Home Design

  • Metal Roof

Interior Spaces

  • 1,457 Sq Ft Home
  • 1.5-Story Property
  • Living Room with Fireplace
  • Loft
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Additional Homes

  • Guest House

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Felknors Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 451056100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Heat Pump
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 1457
  • Water Body Name: Portage
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 34x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Trash Compactor
  • Fireplace Features: Gas, Living Room
  • Living Area: 1457
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Three Season Porch, Deck, Guest House
  • SqFtTotal: 1457.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Metal
  • PoolFeatures: None
  • View: Lake
  • Other Structures: Guest House, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck,Porch
  • Lake Acres: 387
  • Lake Bottom: Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 211

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Heat Pump
  • Sewer: Septic System Compliant - No, Tank with Drainage Field
  • Fuel: Electric,Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Vaulted Ceiling(s)

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictNumber: 4
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 188x502x211x482
  • Lot Size Sq Ft: 95396.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 451056100
  • Tax Annual Amount: 1062
  • TaxWithAssessments: 1062.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Sep 6, 2024
Sold by
Olson Estate Of Garon
Bought by
Kelting Brandon and Kelting Amanda
Seller's Agent
Cindy Thrun
NOW Realty
Buyer's Agent
Kay Hill
Edina Realty, Inc.
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
26
Current Estimated Value
$325,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,135
Avg. Annual Appreciation
0.01%
Original Mortgage
$232,000
Outstanding Balance
$230,586
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$59,444
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $232,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $290,000 -3.3% $199 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $299,900 -- $206 / 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 $1,062 $250,700 $139,400 $111,300
2023 $972 $250,500 $139,400 $111,100
2022 $1,178 $205,400 $114,100 $91,300
2021 $1,106 $187,400 $111,100 $76,300
2020 $1,104 $173,900 $97,600 $76,300
2019 $1,138 $154,600 $90,900 $63,700
2018 $914 $154,600 $90,900 $63,700
2017 $916 $134,200 $83,500 $50,700
2016 $940 $138,400 $87,700 $50,700
2014 $950 $152,100 $98,000 $54,100
2012 $11 $146,500 $81,600 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6576064

NorthstarMLS

APN: 45-1-056100