NOT LISTED FOR SALE

29512 Rustic Ln Merrifield, MN 56465

Estimated Value: $692,966 - $726,000

3 Beds
2 Baths
1,676 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 26, 2012

Last sale price $314,900 $188 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $4,244/month

146 Days on Market

Highlights

  • 86 Feet of Waterfront
  • Screened Porch
  • Storage Room
  • No HOA
  • Living Room
  • 1-Story Property

About This Home

As of October 2012

Hurry to see this very nice yearly 3 bedroom cabin-home with almost perfect elevation and great sand beach, or you will surely have a case of shoulda, woulda, coulda. Features; Paved drive, 2 garages, shed by lake, fish cleaning house and more.

Last Listed By

Howard Hanson

RE/MAX Results - Nisswa Listed on: 05/26/2012

RE/MAX Results - Nisswa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,971

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 86x570x85x572
  • 86 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Irregular Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Screened Porch
  • Storage Room
  • Walk-Out Basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 770191302J00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,971

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 1216
  • Water Body Name: Horseshoe Lake (Sandbar)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas
  • Living Area: 1676
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 460
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Storage, Screened Porch

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • View: East, Lake, Panoramic
  • Lake Acres: 922
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 86

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Natural Woodwork,Patio,Porch,Vaulted Ceiling(s),Walk-In Closet

Schools

  • Junior High Dist: Crosby-Ironton
  • SchoolDistrictNumber: 182
  • SchoolDistrictPhone: 218-545-8801

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 86x570x85x572
  • Lot Size Sq Ft: 43560
  • Land Lease: No
  • Lot Features: Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2012
  • Assessor Parcel Number: 770191302J00009
  • Tax Annual Amount: 1971
  • TaxWithAssessments: 1985.5000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2012
Closed on
Oct 1, 2012
Sold by
Rolfes Rosemary
Bought by
Feiro Michael P and Feiro Kristine
Seller's Agent
Howard Hanson
RE/MAX Results - Nisswa
List Price
$379,900
Sold Price
$314,900
Premium/Discount to List
-$65,000
-17.11%
Total Days on Market
146
Current Estimated Value
$713,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,342
Avg. Annual Appreciation
6.75%

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
Feiro Michael P $314,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2012 10/26/12 Sold $314,900 -17.1% $188 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
05/26/2012 05/26/12 For Sale $379,900 -- $227 / 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
2024 $3,234 $609,600 $397,700 $211,900
2023 $3,258 $549,000 $331,600 $217,400
2022 $2,842 $553,000 $333,100 $219,900
2021 $2,606 $387,300 $243,000 $144,300
2020 $2,792 $348,200 $211,300 $136,900
2019 $2,582 $344,700 $211,200 $133,500
2018 $2,554 $308,400 $187,200 $121,200
2017 $2,560 $307,600 $187,200 $120,400
2016 $2,508 $292,700 $183,000 $109,700
2015 $2,526 $290,300 $183,000 $107,300
2014 $1,212 $275,000 $165,800 $109,200
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 4156958

NorthstarMLS

APN: 770191302J00009