NOT LISTED FOR SALE

28418 Cliffwood Rd Paynesville, MN 56362

Estimated Value: $241,000 - $277,000

3 Beds
2 Baths
1,172 Sq Ft
$223/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $234,000 $200 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,543/month

83 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Lake View
  • No HOA
  • 8 Feet of Waterfront
  • Deck
  • Living Room

About This Home

As of May 2024

The Best of all Possibilities: Deeded Lake Access to Beautiful Lake Koronis, Panoramic Lake Views, Renovated Year Round Lake Home/Cabin AND ONLY $1,6XX per year Property Taxes. This nicely updated 3 bedroom, two bath home with two decks has a detached two stall garage for all of the lake toys. Partially furnished. The Deeded Access with a shared dock is a short walk from the house and has a gentle elevation to the lake. Large lakeside and side deck with beautiful lake views are perfect for entertaining or relaxing. Large yard for games and activities. Complete the package - a 2022 24' Cruiser Tritoon with 150 Yamaha moter, New 4500# lift, and trailer are also available at a reasonable price. An affordable option to get onto the highly desireable, almost 3,000 acre Lake Koronis.

Last Agent to Sell the Property

Paul Eisenschenk

Dane Arthur Real Estate Agency Listed on: 02/08/2024

Last Buyer's Agent

Paul Eisenschenk

Dane Arthur Real Estate Agency Listed on: 02/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1940

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 95 x 122 x 90 x 123
  • 8 Feet of Waterfront
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Drilled Well
  • Electric Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Koronis Park Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26162960030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Drilled
  • Year Built: 1940
  • Above Grade Finished Sq Ft: 856
  • Water Body Name: Koronis (main lake)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full
  • Appliances: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1172
  • Fireplace: No
  • Below Grade Finished Sq Ft: 316
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • View: Panoramic
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck
  • Lake Bottom: Hard
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 8

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Panoramic View,Tile Floors

Schools

  • Junior High Dist: Paynesville
  • SchoolDistrictPhone: 320-243-3410

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 95 x 122 x 90 x 123
  • Lot Size Sq Ft: 10890
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 26162960030
  • Tax Annual Amount: 1602
  • TaxWithAssessments: 1602.0000

Multi Family

  • WaterfrontFeatures: Deeded Access, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
May 31, 2024
Sold by
Sieve Brian and Sieve Rhonda
Bought by
Schumann Benjamin
Seller's Agent
Paul Eisenschenk
Dane Arthur Real Estate Agency
Buyer's Agent
Paul Eisenschenk
Dane Arthur Real Estate Agency
List Price
$259,900
Sold Price
$234,000
Premium/Discount to List
-$25,900
-9.97%
Views
247
Current Estimated Value
$261,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,047
Avg. Annual Appreciation
7.78%
Original Mortgage
$198,900
Outstanding Balance
$196,400
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$64,647

Purchase Details

Closed on
Dec 31, 2020
Sold by
Petzel Robert L and Petzel Mercedes L
Bought by
Sieve Brian L and Sieve Rhonda L

Purchase Details

Closed on
Sep 17, 2004
Sold by
Iverson Ronald
Bought by
Pelzel Robert

Purchase Details

Closed on
Apr 3, 2000
Sold by
Wilkens Daniel
Bought by
Iverson Ronald

Purchase Details

Closed on
Jul 21, 1995
Sold by
Nistler Andrew
Bought by
Wilkens Daniel and Wilkens Elizabeth
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
Schumann Benjamin $234,000 --
Sieve Brian L $150,000 Misc Company
Pelzel Robert $110,000 --
Iverson Ronald $48,000 --
Wilkens Daniel $20,000 --
Sieve Brian Brian $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumann Benjamin $198,900
Closed Sieve Brian Brian $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $234,000 +1.8% $200 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/22/2024 04/22/24 Price Changed $229,900 -1.8% $196 / Sq Ft
04/08/2024 04/08/24 Price Changed $234,000 -2.1% $200 / Sq Ft
03/13/2024 03/13/24 Price Changed $239,000 -4.4% $204 / Sq Ft
02/23/2024 02/23/24 Price Changed $249,900 -3.8% $213 / Sq Ft
02/09/2024 02/09/24 For Sale $259,900 -- $222 / 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 $2,014 $240,600 $62,600 $178,000
2024 $2,014 $240,600 $62,600 $178,000
2023 $1,654 $197,900 $62,300 $135,600
2022 $1,640 $159,100 $54,900 $104,200
2021 $1,490 $159,100 $54,900 $104,200
2020 $1,392 $146,800 $54,900 $91,900
2019 $1,258 $133,000 $49,900 $83,100
2018 $1,256 $119,900 $49,700 $70,200
2017 $1,212 $118,000 $47,400 $70,600
2016 $1,220 $0 $0 $0
2015 $1,176 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6487323

NorthstarMLS

APN: 26.16296.0030