NOT LISTED FOR SALE

28670 County Road 4 Pequot Lakes, MN 56472

Estimated Value: $2,400,000 - $2,580,085

4 Beds
6 Baths
6,294 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 16, 2013

Last sale price $1,300,000 $207 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $14,036/month

130 Days on Market

Highlights

  • 136 Feet of Waterfront
  • Heated Floors
  • Vaulted Ceiling
  • Docks
  • Deck
  • Whirlpool Bathtub

About This Home

As of April 2013

Huge price reduction! Stunning, architecturally designed, secluded lakeside estate on 4.86 acres with excellent sand beach. Extensive features include gourmet kitchen, home theatre exercise room, hot tub, steam room and guest quarters. Bring offers!

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 10/25/2012

Last Buyer's Agent

Lee Maher

Keller Williams Classic Rlty NW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,177

Year Built

  • Built in 2008

Lot Details

  • 4.86 Acre Lot
  • Lot Dimensions are 136x795x22
  • 136 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Landscaped with Trees

Home Design

  • Flat Roof Shape
  • Asphalt Shingled Roof
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • Central Vacuum
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room
  • Heated Floors
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk Through Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Carport
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Docks
  • Balcony
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 820281402BZ0009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,177

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Security System, Vaulted Ceilings, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Balcony, Deck, Dock, Driveway - Asphalt, Patio
  • Estimated Number of Acres: 4.86
  • Construction: Previously Owned
  • Foundation Size: 2592
  • Mechanicals: Air to Air Exchange, Central Vacuum, Water Softener-Owned
  • Parcel Number: 820281402BZ0009
  • Stories: 2.25 - 2.75 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 1/2 Basement, 1/2 Master, 3/4 Basement, Full Master, Main Floor 1/2 Bath, Main Floor Full Bath, Master Walk-Thru, Private Master, Separate Tub & Shower, Upper Level Bath, Whirlpool
  • Total Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bathrooms: 6
  • Room 1: Living Room, 16x28, On Level: Main
  • Room 2: Dining Room, 13x24, On Level: Main
  • Room 3: Family Room, 16x28, On Level: Lower
  • Room 4: Kitchen, 14x24, On Level: Main
  • Room 5: Bedroom, 14x24, On Level: Main
  • Room 6: Bedroom, 14x19, On Level: Upper
  • Room 7: 14x19, On Level: Upper
  • Room 8: Bedroom, 14x19, On Level: Upper
  • Room 9: Rec Room, 14x24, On Level: Lower
  • Room 10: Media Room, 14x24, On Level: Lower
  • Room 11: Other, 14x24, On Level: Lower
  • Room 12: Family Room, 16x18, On Level: Upper
  • Room 13: Dining Room, 11x18, On Level: Upper
  • Room 14: Den/Office, 15x15, On Level: Upper
  • Basement Features: Egress Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 3702
  • Below Grade Finished Sq Ft: 2592
  • Total Fin Square Footage: 6294

Exterior Features

  • Frontage Road: County, Paved
  • LakeAcres: 8367.35
  • Waterfront Name: Pelican
  • Exterior: Wood
  • Roof: Asphalt Shingles, Flat, Rubber
  • Waterfront: Yes
  • Water Frontage: 136
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Carport
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Boiler, Forced Air, In Floor
  • Sewer: Private

Lot Info

  • Estimated Lot Dimensions: 136x795x22
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2012
  • Tax Value: 10177

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Schmidt Steve and Hubbard Michelle A
Bought by
Schmidt Steve and Hubbard Michelle A
Current Estimated Value
$2,490,043

Purchase Details

Closed on
Jun 28, 2019
Sold by
Cox and Tammy
Bought by
Schmidt Steve

Purchase Details

Listed on
Oct 25, 2012
Closed on
Apr 1, 2013
Sold by
Doerr William and Doerr Lisa
Bought by
Cox Steven and Cox Tammy
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
Lee Maher
Keller Williams Classic Rlty NW
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Rasmusen Munkeby
Bought by
Doerr William and Doerr Lisa
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
Schmidt Steve -- None Listed On Document
Schmidt Steve $1,379,000 --
Cox Steven $1,300,000 --
Doerr William $215,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2013 04/16/13 Sold $1,300,000 -13.3% $207 / Sq Ft
03/04/2013 03/04/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $1,500,000 -- $238 / 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 $11,256 $2,175,800 $629,100 $1,546,700
2024 $11,256 $1,993,900 $618,700 $1,375,200
2023 $12,332 $1,872,500 $518,700 $1,353,800
2022 $11,952 $2,028,700 $505,500 $1,523,200
2021 $11,678 $1,500,300 $388,000 $1,112,300
2020 $12,772 $1,368,400 $347,000 $1,021,400
2019 $12,510 $1,452,800 $330,300 $1,122,500
2018 $12,240 $1,394,500 $330,300 $1,064,200
2017 $12,784 $1,370,700 $322,800 $1,047,900
2016 $13,310 $1,445,200 $382,800 $1,062,400
2015 $13,068 $1,406,500 $390,500 $1,016,000
2014 $5,099 $1,412,300 $390,500 $1,021,800
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4412655

REALTOR® Association of Southern Minnesota

APN: 820281402BZ0009