Seller's Agent in 2024
Joseph Erickson
Wolff & Simon Real Estate
(218) 255-4542
148 Total Sales
28728 Fools Lake Dr Park Rapids, MN
Estimated Value: $101,000 - $122,486
8
Acres
$13,765
Price per Acre
348,480
Sq Ft Lot
About This Lot
As of October 2024Nestled In the heart of Two Inlets State Forest is this 8-acre property with a 22x36 Garage. Come and make memories while you hunt, four-wheel, snowmobile and more. This property offers privacy and a grand opportunity to thousands of acres of state forest land. You'll find Deer, Bear, Grouse and much more as you explore the big woods. The Garage offers storage space, a kitchen area, living room, and a separate entrance into a future bathroom. Power is run to the garage, some wiring has been done and you have access to water with a hand pump on the sandpoint well.
Property Details
Property Type
- Land
Est. Annual Taxes
- $560
Lot Details
- Lot Dimensions are 168x962x629x1046
Community Details
- No Home Owners Association
- Preserve/Two Inlets Subdivision
Listing and Financial Details
- Assessor Parcel Number 340203523
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 26, 2024
Closed on
Oct 18, 2024
Sold by
Vargas Ernesto and Vargas Bridget
Bought by
Proznik Nicolas A and Proznik Halie J
Seller's Agent
Joseph Erickson
Wolff & Simon Real Estate
Buyer's Agent
Heather Steffel
Wolff & Simon Real Estate
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%
Views
85
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,878
Avg. Annual Appreciation
-4.33%
Original Mortgage
$92,000
Outstanding Balance
$76,892
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$33,230
Purchase Details
Closed on
Jun 18, 2023
Sold by
Vargas Brennan E
Bought by
Vargas Ernesto B and Vargas Bridget M
Purchase Details
Closed on
Oct 17, 2019
Sold by
Musgjerd Thomas O and Musgjerd Leanne R
Bought by
Vargas Ernesto B and Vargas Bridget M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Proznik Nicolas A | $115,000 | None Listed On Document | |
| Vargas Ernesto B | $500 | None Listed On Document | |
| Vargas Ernesto B | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Proznik Nicolas A | $92,000 | |
| Previous Owner | Vargas Ernesto B | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/18/2024 10/18/24 | Sold | $115,000 | -7.9% | -- |
| 09/30/2024 09/30/24 | Pending | -- | -- | -- |
| 08/14/2024 08/14/24 | Price Changed | $124,900 | -3.8% | -- |
| 07/26/2024 07/26/24 | For Sale | $129,900 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $556 | $94,500 | $42,400 | $52,100 |
| 2024 | $620 | $98,700 | $37,800 | $60,900 |
| 2023 | $582 | $83,100 | $33,200 | $49,900 |
| 2022 | $534 | $67,200 | $26,600 | $40,600 |
| 2021 | $504 | $67,000 | $29,900 | $37,100 |
| 2020 | $498 | $67,000 | $29,900 | $37,100 |
| 2019 | $488 | $65,200 | $29,900 | $35,300 |
| 2018 | $488 | $61,700 | $28,900 | $32,800 |
| 2017 | $478 | $59,900 | $27,400 | $32,500 |
| 2016 | $438 | $56,100 | $27,400 | $28,700 |
| 2015 | $416 | $50,200 | $28,200 | $22,000 |
| 2014 | -- | $48,900 | $27,700 | $21,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Erickson
-
Heather Steffel
Buyer's Agent in 2024
Heather Steffel
Wolff & Simon Real Estate
(218) 255-0279
126 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6576256
APN: R340203523
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