NOT LISTED FOR SALE

28617 N Buffalo Lake Rd Richwood, MN 56572

Estimated Value: $355,000 - $460,832

3 Beds
1.5 Baths
1,616 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 13, 2023

Last sale price $395,000 $244 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,430/month

72 Days on Market

Highlights

  • 166 Feet of Waterfront
  • Lake View
  • Wood Burning Stove
  • Beach Access
  • Deck
  • No HOA

About This Home

As of December 2023

Beautiful lot on Buffalo Lake. This 3 bed 2 bath, year-round lake home with 4 heat sources and off-peak meter. Come take a tour, this is a must-see. South exposure with a large yard and two-stall garage for all your storage needs.

Last Agent to Sell the Property

Robert Hovde

Jack Chivers Realty Listed on: 09/15/2023

Last Buyer's Agent

Chris Nord

The Real Estate Company of Detroit Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1980

Lot Details

  • 1.11 Acre Lot
  • Lot Dimensions are 96 x 355 x 166 x 384
  • 166 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,616 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room
  • Lake Views
  • Basement

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • Drilled Well

Community Details

  • No Home Owners Association
  • Buffalo Lake Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 240296818

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,403

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: Other
  • Fireplaces: 1
  • Water Source: Drilled
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1616
  • Water Body Name: Buffalo
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace Features: Free Standing, Wood Burning
  • Living Area: 1616
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 412
  • Lake Bottom: Hard,Reeds
  • LakeChain: N
  • Waterfront Frontage: 166

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 768
  • Garage Door Height: 7

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Radiant, Wood Stove
  • Sewer: Tank with Drainage Field
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Patio,Washer/Dryer Hookup

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 96 x 355 x 166 x 384
  • Lot Size Sq Ft: 48351.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 240296818
  • Tax Annual Amount: 2403
  • TaxWithAssessments: 2476.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 7, 2023
Sold by
Vogel Miriam D and Vogel Everett
Bought by
Krause Bradley J and Krause Laurie J
Seller's Agent
Robert Hovde
Jack Chivers Realty
Buyer's Agent
Chris Nord
The Real Estate Company of Detroit Lakes
List Price
$495,000
Sold Price
$395,000
Premium/Discount to List
-$100,000
-20.2%
Views
50
Current Estimated Value
$398,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,711
Avg. Annual Appreciation
3.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Krause Bradley J $395,000 Title Team
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2023 12/13/23 Sold $395,000 -11.2% $244 / Sq Ft
11/27/2023 11/27/23 Pending -- -- --
11/17/2023 11/17/23 Price Changed $445,000 -10.1% $275 / Sq Ft
09/15/2023 09/15/23 For Sale $495,000 -- $306 / 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 $2,960 $416,700 $194,800 $221,900
2024 $2,960 $414,800 $194,800 $220,000
2023 $2,476 $313,700 $156,600 $157,100
2022 $2,148 $240,500 $129,300 $111,200
2021 $1,994 $215,600 $117,000 $98,600
2020 $2,030 $215,600 $117,000 $98,600
2019 $2,404 $217,000 $117,000 $100,000
2018 $1,890 $212,000 $117,000 $95,000
2017 $1,910 $212,800 $112,000 $100,800
2016 $1,670 $213,700 $112,000 $101,700
2015 $1,698 $201,600 $112,000 $89,600
2014 -- $198,700 $112,000 $86,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6433760

NorthstarMLS

APN: R240296818