NOT LISTED FOR SALE

28448 Wilderness Retreat Pine City, MN 55063

Estimated Value: $201,000 - $338,000

2 Beds
1 Bath
1,176 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $93,000 $79 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $1,445/month

51 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Bathroom on Main Level
  • Ceiling Fan
  • Docks
  • Dining Room
  • Baseboard Heating

About This Home

As of August 2014

Here we have a very nice 3 season cabin with150+/- feet of beautiful Snake River frontage. Features of this property include the 2 bedroom,1 bath cabin which was built in 1972. On the main level you will have a formal dining area, large kitchen, 3/4 bath, a large 12 X 17 bedroom and a living room with a spectacular view of the river. You will also have a 12 X 14 loft bedroom. Outside you get a large storage shed, a roll in dock and a two tiered riverside deck. Fish for small mouth bass, walleye, cat fish, Muskie and northern pike or go for a swim or a kayak ride down this scenic river. This property is located just East of Pine City and 1 hour north of Minneapolis and St. Paul just off I-35.

Last Agent to Sell the Property

Bryan Ketchmark

Majestic Pine Realty, Inc. Listed on: 06/09/2014

Last Buyer's Agent

Bryan Ketchmark

Majestic Pine Realty, Inc. Listed on: 06/09/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,674

Year Built

  • 1972

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 150 x 182
  • 150 Feet of Waterfront
  • River Front
  • Property fronts a county road

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,176 Sq Ft Home
  • Ceiling Fan
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Docks
  • Storage Shed

Utilities

  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 08.5113.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,674

Year Built

1972

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Seasonal Recreational
  • Style: SF Seasonal Used
  • Amenities: Ceiling Fans
  • Amenities Exterior: Dock, Driveway - Gravel
  • Estimated Number of Acres: 0.62
  • Beach Type: Gravel
  • Construction: Previously Owned
  • Foundation Size: 864
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 08.5113.000
  • Projected Closed Date: 08/29/2014
  • Range: 20
  • Section: 29
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1000
  • Twp Number: 39
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x18, On Level: Main
  • Room 2: Kitchen, 11.6x12, On Level: Main
  • Room 3: Dining Room, 11x11, On Level: Main
  • Room 4: Bedroom, 17x12, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Upper
  • Finished Above Grade Sq Ft: 1176
  • Total Fin Square Footage: 1176
  • Total Square Footage: 1176

Exterior Features

  • Frontage Road: County
  • Soil Type: Clay
  • Waterfront Name: Snake River
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 150
  • Waterfront Description: River

Utilities

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

Schools

  • School District: Pine City #578

Lot Info

  • Estimated Lot Dimensions: 150 x 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2014
Closed on
Aug 29, 2014
Sold by
Nargang Ronald Ronald
Bought by
Breyer Lance Lance
Seller's Agent
Bryan Ketchmark
Majestic Pine Realty, Inc.
Buyer's Agent
Bryan Ketchmark
Majestic Pine Realty, Inc.
List Price
$98,500
Sold Price
$93,000
Premium/Discount to List
-$5,500
-5.58%
Current Estimated Value
$248,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,848
Avg. Annual Appreciation
9.21%
Original Mortgage
$74,400
Outstanding Balance
$56,874
Interest Rate
4.1%
Estimated Equity
$191,974
Source: Public Records

Range of Values:

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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
Breyer Lance Lance $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breyer Lance Lance $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $93,000 -5.6% $79 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
06/09/2014 06/09/14 For Sale $98,500 -- $84 / 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 $1,674 $191,700 $65,200 $126,500
2024 $1,190 $199,800 $59,500 $140,300
2023 $1,100 $148,400 $68,800 $79,600
2022 $1,186 $122,800 $60,200 $62,600
2021 $1,270 $107,900 $43,200 $64,700
2020 $1,296 $108,300 $45,800 $62,500
2019 $1,128 $105,800 $43,800 $62,000
2018 $1,216 $89,800 $41,200 $48,600
2017 $1,116 $94,100 $45,200 $48,900
2016 $1,130 $85,300 $40,200 $45,100
2014 $1,000 $79,800 $48,800 $31,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4631091

REALTOR® Association of Southern Minnesota

APN: 008.5113.000