NOT LISTED FOR SALE

28604 County Road 2 Bingham Lake, MN 56118

Estimated Value: $328,000 - $455,207

4 Beds
2 Baths
2,514 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 22, 2023

Last sale price $425,000 $169 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,402/month

24 Days on Market

Highlights

  • Solar Power System
  • Wood Burning Stove
  • Computer Room
  • 1,981,980 Sq Ft lot
  • No HOA
  • 2 Car Attached Garage

About This Home

As of June 2023

Country Roads, Take Me HOME! Do you enjoy watching wildlife, hunting, fishing, and privacy? Then don't miss your chance to own this unique acreage on a tar road. Over 45 acres of diverse ground provides great hunting/recreation opportunities. A spring-fed pond with wind generated power aeration is great for attracting deer and waterfowl--or just a spectacular gathering/relaxing spot. Have you dreamt of owning a B&B, vineyard, or pumpkin patch? The options are endless. This family home has been well-cared for and loved for many decades. You'll appreciate the shop with cement floor, power, and heat and solar array for reduced energy costs. The 4 bedroom, 2 bath traditional has a custom-built kitchen with craftsman style cabinets, main floor laundry, large great room with tons of windows, and hardwood floors. Upstairs are 3 bedrooms and a computer room that could be converted to a large bathroom. Attached garage was just added in the last year. Too many features to list!

Last Agent to Sell the Property

Sally Larson

River's Edge Realty Listed on: 04/14/2023

Co-Listed By

Elizabeth Herding

River's Edge Realty

Last Buyer's Agent

Brandon Kunkel

Kerkhoff Auction & Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1950

Lot Details

  • 45.5 Acre Lot
  • Lot Dimensions are 1320x1320
  • Conservation Reserve Program Land
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Metal Roof
  • Cedar

Interior Spaces

  • 2,514 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Family Room
  • Dining Room
  • Computer Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Drain

Eco-Friendly Details

  • Solar Power System

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060160300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air, Geothermal
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Rural
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 2514
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Full, Partially Finished
  • Living Area: 2514
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Bathroom, Dining Room, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Computer Room
  • SqFtTotal: 3792.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Metal
  • Other Structures: Workshop
  • PatioPorchType: Deck,Patio
  • Farm Type: Hobby,Wooded/Hunting

Garage/Parking

  • Parking Features: Attached Garage, Gravel

Utilities

  • Heating: Forced Air, Geothermal, Heat Pump, Wood Stove
  • Sewer: Private Sewer, Septic System Compliant - No
  • Electric: Circuit Breakers, Other
  • Fuel: Solar

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Red Rock Central
  • SchoolDistrictPhone: 507-752-7361

Lot Info

  • Topography: Gently Rolling
  • PropertyAttachedYN: No
  • Lot Size: 1320x1320
  • Lot Size Sq Ft: 1981980
  • Land Lease: No
  • Lot Features: CRP Land, Irregular Lot, Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar, Fiber Cement

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 060160300
  • Tax Annual Amount: 2456
  • TaxWithAssessments: 2456.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
Jun 22, 2023
Sold by
Wallace R Minion Living Trust Dated Fe
Bought by
Vanderwerf Trever and Vanderwerf Ashley
Seller's Agent
Sally Larson
River's Edge Realty
Buyer's Agent
Brandon Kunkel
Kerkhoff Auction & Real Estate
List Price
$489,000
Sold Price
$425,000
Premium/Discount to List
-$64,000
-13.09%
Views
15
Current Estimated Value
$391,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,396
Avg. Annual Appreciation
-3.34%
Original Mortgage
$425,000
Outstanding Balance
$413,552
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$21,948
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
Vanderwerf Trever $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanderwerf Trever $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2023 06/22/23 Sold $425,000 -13.1% $169 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $489,000 -- $195 / 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 $4,054 $342,500 $168,200 $174,300
2024 $890 $402,500 $168,200 $234,300
2023 $2,456 $1,455,800 $1,288,200 $167,600
2022 $3,144 $955,400 $823,200 $132,200
2021 $2,936 $817,600 $698,900 $118,700
2020 $2,141 $849,500 $729,600 $119,900
2019 $2,119 $830,400 $720,600 $109,800
2018 $1,952 $819,800 $714,900 $104,900
2017 $2,318 $820,000 $714,900 $105,100
2016 $1,768 $850,700 $747,200 $103,500
2015 $1,768 $0 $0 $0
2014 $24 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6355148

NorthstarMLS

APN: 06-016-0300