2942 Pauls Lake Rd S Cambridge, MN 55008
Estimated Value: $466,000 - $552,000
2
Beds
3
Baths
2,670
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- 80 Feet of Waterfront
- Den
- The kitchen features windows
- No HOA
- Stainless Steel Appliances
- 2 Car Attached Garage
About This Home
As of June 2023Live at the lake and enjoy all that Pauls (Florence) Lake has to offer including great fishing, wildlife galore and close proximity to town & to Hwy 65 for an easy commute. This beautiful home would make a great year round home or cabin. Relax on the maintenance free deck overlooking the lake or play on the sandy beach. Enjoy outdoor lake living at its finest and a custom built home boasting lots of natural lights through all the windows. Open floor plan including a rustic bougee kitchen with concrete countertops, hardwood floors and industrial railings to the primary bedroom loft. Primary suite overlooks the lake and has a large walk-in closet & full bath w/ separate tub. Main level laundry, main level bedroom & full guest bath. Lower level has tile floors, a wet bar, large windows & walkout to the patio as well as a hobby room/den, 3/4 bath with a tile shower and infloor heat throughout the basement and garage. Welcome to the Lake!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,394
Year Built
- Built in 2005
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 133x162x80x227
- 80 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Few Trees
Parking
- 2 Car Attached Garage
- Detached Carport Space
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room
- Living Room
- Den
- Utility Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- The kitchen features windows
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Basement Storage
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Heat Pump System
- 200+ Amp Service
- Water Filtration System
- Well
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 050050400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 10, 2023
Closed on
Jun 9, 2023
Sold by
Schuman Wayne and Schuman Suzanne
Bought by
Bakken Sean and Bakken Jeanine
Seller's Agent
Michelle Lundeen
RE/MAX RESULTS
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$525,000
Sold Price
$566,000
Premium/Discount to List
$41,000
7.81%
Total Days on Market
1
Views
24
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
-$37,623
Avg. Annual Appreciation
-3.50%
Original Mortgage
$566,000
Outstanding Balance
$553,924
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
-$25,547
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
Similar Homes in Cambridge, MN
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bakken Sean | $566,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bakken Sean | $566,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2023 06/09/23 | Sold | $566,000 | +7.8% | $212 / Sq Ft |
| 05/14/2023 05/14/23 | Pending | -- | -- | -- |
| 05/12/2023 05/12/23 | For Sale | $525,000 | -- | $197 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $4,094 | $408,300 | $120,000 | $288,300 |
| 2023 | $4,394 | $408,300 | $120,000 | $288,300 |
| 2022 | $4,798 | $411,400 | $120,000 | $291,400 |
| 2021 | $4,002 | $378,600 | $120,000 | $258,600 |
| 2020 | $3,780 | $322,400 | $100,000 | $222,400 |
| 2019 | $3,452 | $304,900 | $0 | $0 |
| 2018 | $3,586 | $262,500 | $0 | $0 |
| 2016 | $3,330 | $0 | $0 | $0 |
| 2015 | $3,226 | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Lundeen
Seller's Agent in 2023
Michelle Lundeen
RE/MAX Results
(763) 300-2728
372 Total Sales
-
N
Buyer's Agent in 2023
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6362978
APN: 05.005.0400
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- TBD Pauls Lake Rd
- 575 Elins Lake Rd SE
- 2720 Main St S
- 275 21st Ave SW
- 891 Elins Lake Rd SE
- 2184 Cleveland Way S
- 2171 Cleveland Way S
- 1823 313th Ave NE
- 2144 Cleveland Ln S
- 2146 Cleveland Way S
- 2205 Jack Pine Dr
- Lot 1 Central Dr NE
- Lot 6 Central Dr NE
- Lot 5 Central Dr NE
- Lot 2 Central Dr NE
- 2119 Cleveland Ln S
- 1845 Old Main St S
- 3115 Laurel St S
- 3435 Kenwood Place
- 1866 Bridgewater Blvd S
- 2942 Pauls Lake Rd S
- 1818 Glenwood Dr NE
- 2950 Pauls Lake Rd NE
- 1820 Glenwood Dr NE
- 1842 1842 Glennwood-Drive-ne
- 1842 1842 Glennwood Dr NE
- 1842 Glenwood Dr NE
- xxx Paul's Lake Rd S
- 2925 Pauls Lake Rd S
- 1888 Glenwood Dr NE
- 2955 Pauls Lake Rd NE
- 3025 Pauls Lake Rd NE
- 2794 Buchanan Ln S
- XXXX Glenwood Dr NE
- xxx Glenwood
- 2776 Buchanan Ln S
- 3045 Pauls Lake Rd NE
- 2758 Buchanan Ln S
- 1918 Glenwood Dr NE
- 3145 Pauls Lake Rd S