NOT LISTED FOR SALE

29700 Lakeshore Dr Pequot Lakes, MN 56472

Estimated Value: $321,000 - $456,000

2 Beds
1 Bath
1,208 Sq Ft
$320/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $300,000 $248 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,457/month

146 Days on Market

Highlights

  • 53 Feet of Waterfront
  • Living Room
  • Heated Garage
  • No HOA
  • Baseboard Heating

About This Home

As of November 2022

Its Rare That An Opportunity To Get On Pelican Lake At This Price Comes Along! Set On 50' Of Lakefront, You Will Find This Charming Up North Cabin in a Prime Breezy Point Location with Southern Exposure & Big Water Views! Property Boasts 2 Bed/1 Bath Cabin with New Roof, Pine T&G Interior with Authentic Log Beams, Gradual Elevation Lot, Heated & Insulated Garage, and Plenty Of Parking Space! Experience The Crystal Clear Waters & World Class Fishing Pelican Lake Is Known For! Boat To Arguably The Best Sand Beaches In Northern Minnesota! Take A Golf Cart Ride To Some of the Best Golf/Dining/Dancing in the Lakes Area! Whether it's a Family Cabin, Lake Home, or an Investment Property You're Looking For...The Options Are Endless! Don't Forget to Check Out Next Door to Complete Your Investment Portfolio or Retreat Compound!

Last Agent to Sell the Property

Keith Schwankl

Positive Realty Listed on: 05/20/2022

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,682

Year Built

  • Built in 1985

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 53x244x32x224
  • 53 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage

Home Design

  • Pitched Roof

Interior Spaces

  • 1,208 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association
  • Breezy Point Club Subdivision

Listing and Financial Details

  • Assessor Parcel Number 101020010030009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,682

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Well
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1208
  • Water Body Name: Pelican
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Unfinished
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1208
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2
  • SqFtTotal: 1392.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Lake Acres: 8367
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 53

Garage/Parking

  • Parking Features: Detached, Asphalt, Heated Garage, Insulated Garage
  • Garage Square Feet: 432

Utilities

  • Heating: Baseboard, Boiler
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pequot Lakes
  • SchoolDistrictNumber: 186
  • SchoolDistrictPhone: 218-568-4996

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 53x244x32x224
  • Lot Size Sq Ft: 10018.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 101020010030009
  • Tax Annual Amount: 1682
  • TaxWithAssessments: 1682.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Nov 2, 2022
Sold by
Oshaughnessy Joseph
Bought by
Martinson Joseph
Seller's Agent
Keith Schwankl
Positive Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$419,900
Sold Price
$300,000
Premium/Discount to List
-$119,900
-28.55%
Current Estimated Value
$406,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,557
Avg. Annual Appreciation
8.35%
Original Mortgage
$240,000
Outstanding Balance
$233,451
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$141,487

Purchase Details

Closed on
Jul 1, 2021
Sold by
Higgins Sharon L
Bought by
Oshaughnessy Joseph P
Source: Public Records

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
Martinson Joseph $300,000 --
Oshaughnessy Joseph P $250,000 Noble Escrow & Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinson Joseph $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $300,000 0.0% $248 / Sq Ft
10/11/2022 10/11/22 Pending -- -- --
10/09/2022 10/09/22 Off Market $300,000 -- --
05/17/2022 05/17/22 For Sale $419,900 -- $348 / 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 $2,776 $369,400 $221,100 $148,300
2023 $2,254 $286,300 $207,900 $78,400
2022 $1,844 $279,100 $197,900 $81,200
2021 $1,682 $199,900 $145,600 $54,300
2020 $1,426 $182,000 $130,700 $51,300
2019 $1,260 $155,700 $78,500 $77,200
2018 $1,194 $145,600 $78,500 $67,100
2017 $1,374 $115,360 $63,448 $51,912
2016 $1,614 $156,000 $112,200 $43,800
2015 $1,760 $175,300 $133,400 $41,900
2014 $870 $176,000 $133,500 $42,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6197794

NorthstarMLS

APN: 101020010030009