Seller's Agent in 2021
Michael Williams
RE/MAX Results - Nisswa
(320) 841-0033
202 Total Sales
29518 Rustic Ln Merrifield, MN 56465
Estimated Value: $784,447 - $1,152,000
3
Beds
2.5
Baths
3,080
Sq Ft
$302/Sq Ft
Est. Value
Highlights
- 172 Feet of Waterfront
- No HOA
- 1-Story Property
- Wood Burning Stove
- Porch
- Forced Air Heating and Cooling System
About This Home
As of August 2021Check out this beautiful 3 bed 3 bath 3.95 acre Horseshoe Lake property! With 172 feet of lakeshore you will enjoy a private space, stunning beach with abundant sand and level lot for all your summertime activities. Home features ample space, vaulted knotty pine beamed ceiling, amazing lake views, 4 season porch, main level laundry and main level master bedroom suite. Basement is partially finished with second kitchen for additional guests. Property also includes huge 6 stall garage, storage shed and workshop for all the toys you need to enjoy life in the Brainerd Lakes Area! Walking distance to Mission Tavern and minutes to the areas numerous towns, restaurants, golf courses and more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,463
Year Built
- Built in 1974
Lot Details
- 3.95 Acre Lot
- Lot Dimensions are 172x808x118x916
- 172 Feet of Waterfront
- Lake Front
Parking
- 6 Car Garage
- Garage Door Opener
Interior Spaces
- 1-Story Property
- Wood Burning Stove
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Partial Basement
- Sump Pump
- Basement Window Egress
Outdoor Features
- Porch
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Baseboard Heating
- Underground Utilities
- 200+ Amp Service
- Private Water Source
- Sand Point Well
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 770191302H00009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2021
Closed on
Aug 30, 2021
Sold by
Bye Kathlyn Kathlyn
Bought by
Stranik Adam Adam
Seller's Agent
Michael Williams
RE/MAX Results - Nisswa
Buyer's Agent
Randa Haug
eXp Realty
List Price
$735,900
Sold Price
$714,900
Premium/Discount to List
-$21,000
-2.85%
Total Days on Market
20
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
$213,962
Avg. Annual Appreciation
7.39%
Original Mortgage
$464,900
Outstanding Balance
$428,004
Interest Rate
2.87%
Estimated Equity
$500,858
Purchase Details
Listed on
Sep 4, 2020
Closed on
Oct 16, 2020
Sold by
Dressler Loren Loren
Bought by
Bye Kathlyn Kathlyn
Seller's Agent
Mike O'Connell
Larson Group Real Estate/Kelle
Buyer's Agent
Michael Williams
RE/MAX Results - Nisswa
List Price
$695,000
Sold Price
$707,500
Premium/Discount to List
$12,500
1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.20%
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 |
|---|---|---|---|
| Stranik Adam Adam | $714,900 | -- | |
| Bye Kathlyn Kathlyn | $707,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stranik Adam Adam | $464,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $714,900 | 0.0% | $232 / Sq Ft |
| 07/19/2021 07/19/21 | Pending | -- | -- | -- |
| 07/14/2021 07/14/21 | Price Changed | $714,900 | -1.5% | $232 / Sq Ft |
| 07/10/2021 07/10/21 | Price Changed | $725,900 | -1.4% | $236 / Sq Ft |
| 06/29/2021 06/29/21 | For Sale | $735,900 | +4.0% | $239 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $707,500 | 0.0% | $204 / Sq Ft |
| 09/28/2020 09/28/20 | Pending | -- | -- | -- |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 09/14/2020 09/14/20 | Off Market | $707,500 | -- | -- |
| 09/04/2020 09/04/20 | For Sale | $695,000 | -- | $201 / 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 | $5,076 | $897,800 | $506,100 | $391,700 |
| 2023 | $5,412 | $834,500 | $420,600 | $413,900 |
| 2022 | $4,602 | $849,800 | $426,900 | $422,900 |
| 2021 | $3,478 | $598,500 | $313,700 | $284,800 |
| 2020 | $3,814 | $544,700 | $274,000 | $270,700 |
| 2019 | $3,312 | $544,200 | $282,300 | $261,900 |
| 2018 | $3,224 | $472,000 | $250,500 | $221,500 |
| 2017 | $3,274 | $468,800 | $250,500 | $218,300 |
| 2016 | $2,896 | $414,600 | $240,600 | $174,000 |
| 2015 | $2,952 | $407,700 | $240,300 | $167,400 |
| 2014 | $1,331 | $384,600 | $218,100 | $166,500 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Williams
-
Randa Haug
Buyer's Agent in 2021
Randa Haug
eXp Realty
(218) 330-2882
406 Total Sales
-
Mike O'Connell
Seller's Agent in 2020
Mike O'Connell
Larson Group Real Estate/Kelle
(218) 831-6787
225 Total Sales
Map
Similar Homes in Merrifield, MN
Source: NorthstarMLS
MLS Number: 6018432
APN: 770191302H00009
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