$330,000
SOLD AUG 30, 2024

29907 E Horseshoe Lake Rd Merrifield, MN 56465

2 Beds
1 Bath
1,106 Sq Ft
1.03 Acres

Recently Sold

$298 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • 68 Feet of Waterfront
  • Bonus Room
  • Screened Porch
  • Beach Access
  • No HOA
  • The kitchen features windows

About This Home

As of August 2024

West facing views with level elevation to the shoreline on this seasonal Horseshoe Lake property! Cabin features 2+ bedrooms, open living room/kitchen area, dining room or family room area and screened porch. Cabin does need some TLC, property being sold as-is. Dock is included. Property includes a 2 stall detached garage with lean-to for additional storage plus boat house and shed.

Last Agent to Sell the Property

Lance Nelson

RE/MAX Advantage Plus Listed on: 07/15/2024

RE/MAX Advantage Plus

Co-Listed By

Lance & Stephani Nelson

RE/MAX Advantage Plus

Last Buyer's Agent

Kristen Nicholson

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1950

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 68x889x50x937
  • 68 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry

Home Design

  • Metal Roof

Interior Spaces

  • 1,106 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Screened Porch

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access

Utilities

  • Space Heater
  • 200+ Amp Service
  • Private Water Source
  • Sand Point Well
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 77200620

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Sand Point, Well
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1106
  • Water Body Name: Horseshoe Lake (Sandbar)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1106
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Family Room, Dining Room, Bedroom 1, Bedroom 2, Bonus Room, Screened Porch

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt, Metal
  • View: Lake, West
  • Other Structures: Additional Garage, Boat House, Storage Shed
  • PatioPorchType: Enclosed,Rear Porch,Screened
  • Lake Acres: 922
  • Lake Bottom: Sand,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 68

Garage/Parking

  • Parking Features: Detached, Electric, Storage
  • Garage Square Feet: 528

Utilities

  • Heating: Space Heater
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Crow Wing Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Kitchen Window,Porch,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 68x889x50x937
  • Lot Size Sq Ft: 44866.8
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 77200620
  • Tax Annual Amount: 1901
  • TaxWithAssessments: 1926.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Aug 30, 2024
Sold by
Gilbertson Michael Gene
Bought by
Kolle Kevin and Kolle Rebecca
Seller's Agent
Lance Nelson
RE/MAX Advantage Plus
Buyer's Agent
Kristen Nicholson
Edina Realty, Inc.
List Price
$327,000
Sold Price
$330,000
Premium/Discount to List
$3,000
0.92%
Total Days on Market
5
Views
12
Current Estimated Value
$359,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,391
Avg. Annual Appreciation
13.83%
Original Mortgage
$264,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $330,000 Elite Title & Escrow
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $640,000 Construction
Closed $264,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $330,000 +0.9% $298 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
07/18/2024 07/18/24 For Sale $327,000 -- $296 / 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 $2,072 $409,600 $302,200 $107,400
2023 $2,068 $362,300 $255,800 $106,500
2022 $1,906 $361,400 $257,000 $104,400
2021 $1,708 $262,000 $190,400 $71,600
2020 $2,058 $231,200 $165,400 $65,800
2019 $1,854 $256,200 $192,400 $63,800
2018 $1,832 $223,900 $170,900 $53,000
2017 $1,846 $223,400 $171,000 $52,400
2016 $1,776 $209,900 $156,900 $53,000
2015 $1,554 $182,300 $129,400 $52,900
2014 $739 $171,500 $117,900 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6498818

NorthstarMLS

APN: 770201101E00009