NOT LISTED FOR SALE

30003 State Highway 78 Ottertail, MN 56571

Estimated Value: $421,000 - $637,000

0.75 Acre
$679,757 Price per Acre
32,670 Sq Ft Lot

Last Sold May 11, 2023

Last sale price $450,000

Est. 13% increase in value since last sale

Current estimated payment $3,101/month

179 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Perham Senior High School Rated A-
  • No HOA

About This Lot

As of May 2023

One of the last, large, buildable lots on Otter Tail Lake is now available! Excellent swimming and stunning sunsets on the coveted east side, 100 feet of sand bottom shoreline are yours! The lot currently has a deep well, septic system for a new build and electric service currently servicing two RV's and electric outlets lakeside as well. There are steps already in place to walk down to the huge "shelf" down below by the lake. Enjoy boating to local restaurants on this 14,000 acre pristine lake!

Last Listed By

Julie Swanson

LPT Realty, LLC Listed on: 09/16/2022

LPT Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,050

Lot Details

  • 100 Feet of Waterfront
  • Lake Front
  • Finished Lot(s)

Community Details

  • No Home Owners Association
  • Pier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46000991078000

Property Details

Property Type

Land

Est. Annual Taxes

$2,050

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Otter Tail
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Survey

Exterior Features

  • View: West
  • Lake Acres: 14074
  • Lake Bottom: Hard,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 40+
  • Waterfront Frontage: 100

Utilities

  • Utilities: Electricity Connected, Private Septic Connected, Private Well Connected, Electricity Available, Natural Gas Available, Private Septic Available, Private Well Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Henning
  • SchoolDistrictNumber: 545
  • SchoolDistrictPhone: 218-583-2927

Lot Info

  • Topography: Other
  • Waterfront YN: Yes
  • Lot Size: irregular
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 46000991078000
  • Tax Annual Amount: 2050
  • TaxWithAssessments: 2268.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
May 11, 2023
Sold by
Holtberg Roger
Bought by
George Lowell and Zhang Min
Seller's Agent
Julie Swanson
LPT Realty, LLC
Buyer's Agent
Nicole Doering
Edina Realty, Inc.
List Price
$479,500
Sold Price
$450,000
Premium/Discount to List
-$29,500
-6.15%
Total Days on Market
179
Views
96
Current Estimated Value
$509,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,818
Avg. Annual Appreciation
6.47%
Original Mortgage
$360,000
Outstanding Balance
$351,783
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$158,035

Purchase Details

Closed on
May 22, 2020
Sold by
Mcinnes Thomas Thomas

Purchase Details

Closed on
May 12, 2015
Bought by
Mcinnes Thomas

Range of Values:

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Average Value
Not Available
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
George Lowell $450,000 --
-- $199,500 --
Mcinnes Thomas $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Lowell $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $450,000 -6.2% --
03/13/2023 03/13/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $479,500 +6.6% --
03/08/2023 03/08/23 Off Market $450,000 -- --
09/15/2022 09/15/22 For Sale $479,500 -- --
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 $3,298 $420,800 $420,800 $0
2023 $2,876 $421,200 $421,200 $0
2022 $2,374 $287,600 $0 $0
2021 $2,268 $421,200 $421,200 $0
2020 $2,252 $265,900 $265,900 $0
2019 $2,144 $259,800 $259,800 $0
2018 $1,996 $259,800 $259,800 $0
2017 $1,890 $241,900 $241,900 $0
2016 $2,014 $241,900 $241,900 $0
2015 $1,996 $0 $0 $0
2014 -- $233,600 $233,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6259035

NorthstarMLS

APN: 46000991078000