NOT LISTED FOR SALE

29892 County Road 231 Effie, MN 56639

Estimated Value: $46,000 - $206,000

25.27 Acres
$5,667 Price per Acre
1,100,761 Sq Ft Lot

Sale Details

Date Sold: February 26, 2025

Last sale price $41,000 $19 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $804 / mo

1 Day on Market

About This Lot

As of February 2025

Lakefront 25 acres on Busties lake in northern Itasca County, east of Effie. Several good building sites and easy access off of Co Rd 230 and 231.

Last Agent to Sell the Property

Greg Anselmo

EDGE OF THE WILDERNESS REALTY Listed on: 01/15/2025

Last Buyer's Agent

Greg Anselmo

EDGE OF THE WILDERNESS REALTY Listed on: 01/15/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $392

Lot Details

  • Lot Dimensions are 1320 x 450
  • 450 Feet of Waterfront
  • Lake Front

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 620133304

Property Details

Property Type

Land

Est. Annual Taxes

$392

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Busties
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None

Exterior Features

  • View: West
  • Lake Bottom: Soft,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 450

Utilities

  • Utilities: None Connected, Electricity Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: 1320 x 450
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 620133304
  • Tax Annual Amount: 392
  • TaxWithAssessments: 392.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2025
Sold by
Horseshoe Homes Llc
Bought by
Kelley Chad W and Kelley Bobbi J
Current Estimated Value
$143,213

Purchase Details

Listed on
Jan 15, 2025
Closed on
Feb 26, 2025
Sold by
Patrow Darline and Patrow Paul D
Bought by
Horseshoe Homes Llc
Seller's Agent
Greg Anselmo
EDGE OF THE WILDERNESS REALTY
Buyer's Agent
Greg Anselmo
EDGE OF THE WILDERNESS REALTY
List Price
$59,000
Sold Price
$41,000
Premium/Discount to List
-$18,000
-30.51%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.39%
Original Mortgage
$151,000
Outstanding Balance
$51,425
Interest Rate
6.5%
Mortgage Type
Construction
Estimated Equity
$91,788
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Kelley Chad W $125,000 --
Horseshoe Homes Llc $70,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horseshoe Homes Llc $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2025 02/26/25 Sold $41,000 -41.4% $19 / Sq Ft
02/26/2025 02/26/25 Sold $70,000 +18.6% $33 / Sq Ft View Prior Sale
01/16/2025 01/16/25 Pending -- -- --
01/16/2025 01/16/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $59,000 -25.3% $27 / Sq Ft
01/15/2025 01/15/25 For Sale $79,000 -- $37 / Sq Ft
Source: NorthstarMLS

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 $462 $122,800 $22,800 $100,000
2023 $462 $139,600 $22,200 $117,400
2022 $650 $139,700 $22,300 $117,400
2021 $320 $96,800 $16,900 $79,900
2020 $354 $70,200 $16,800 $53,400
2019 $414 $70,200 $16,800 $53,400
2018 $422 $77,700 $15,100 $62,600
2017 $410 $0 $0 $0
2016 $386 $0 $0 $0
2015 $370 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Anselmo

    Seller's Agent in 2025

    Greg Anselmo

    EDGE OF THE WILDERNESS REALTY

    (218) 244-4648

    146 Total Sales

    Greg Anselmo
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Map

Source: NorthstarMLS

MLS Number: 6648000

NorthstarMLS

APN: 62-013-3302

Minnesota Itasca County Effie 56639

29892 County Road 231, Effie, MN

Not Listed for Sale

Lots

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.

NorthstarMLS 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.
Based on information submitted to the MLS GRID

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