$99,900
PENDING

29388 Lazy Loop Underwood, MN 56586

Estimated payment $676/month

Total Views 6,681
3 Beds
1 Bath
1,626 Sq Ft
$61 Price per Sq Ft

Highlights

  • River Front
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • 1-Story Property

About This Home

Calling all investors, builders, and dreamers!
This rare riverfront property offers a once-in-a-lifetime opportunity to own a piece of paradise right on the water. Nestled on a generous lot along the Ottertail River, this home is ready for your vision. The existing structure is in need of significant repair or possibly a full renovation. Whether you're looking to restore its former charm or start fresh with a new build, the bones and location are here.

Listing Agent

Greg Lawrence

HomeAvenue Inc Listed on: 08/07/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,770

Year Built

  • Built in 1950

Lot Details

  • 4.62 Acre Lot
  • Lot Dimensions are 486x712x520x98
  • River Front

Interior Spaces

  • 1,626 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 38000290225000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,770

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1626
  • Water Body Name: Unnamed Lake
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 1626
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Tank with Drainage Field
  • Fuel: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Underwood
  • SchoolDistrictNumber: 550
  • SchoolDistrictPhone: 218-826-6101

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 486x712x520x98
  • Lot Size Sq Ft: 201247.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 38000290225000
  • Tax Annual Amount: 1770
  • TaxWithAssessments: 1770.0000

Multi Family

  • WaterfrontFeatures: River Front

Map

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

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 $2,002 $296,600 $141,400 $155,200
2024 $1,064 $281,200 $123,800 $157,400
2023 $1,144 $157,800 $47,500 $110,300
2022 $70 $114,400 $0 $0
2021 $70 $157,800 $47,500 $110,300
2020 $70 $157,800 $47,500 $110,300
2019 $1,280 $298,900 $95,000 $203,900
2018 $1,032 $148,200 $47,500 $100,700
2017 $1,018 $142,100 $49,100 $93,000
2016 $1,052 $142,400 $54,700 $87,700
2015 $1,000 $0 $0 $0
2014 -- $141,700 $54,700 $87,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2025 09/19/25 Pending -- -- --
09/15/2025 09/15/25 Off Market $99,900 -- --
08/07/2025 08/07/25 For Sale $99,900 -- $61 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 6767967

NorthstarMLS

APN: 38000290225000