3025 3rd St Lake Park, MN 56554
2
Beds
1
Bath
1,516
Sq Ft
7,405
Sq Ft Lot
Highlights
- No HOA
- 1-Story Property
- Combination Dining and Living Room
- Front Porch
- Forced Air Heating and Cooling System
About This Home
As of January 2025MOVE IN READY! This lovely property features two bedrooms and one bathroom, with a focus on accessibility, making it wheelchair friendly and main level living. The open concept design integrates the kitchen, dining, and living room areas for a spacious feel. Many updates within the last 2 years include, shingles on house, water heater, all but 1 window replaced. Additional highlights include a charming three-season porch, a detached one stall garage. Perfect for those seeking comfort and convenience in a welcoming environment.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $614
Year Built
- Built in 1933
Lot Details
- 7,405 Sq Ft Lot
- Irregular Lot
Parking
- 1 Car Garage
Interior Spaces
- 1-Story Property
- Combination Dining and Living Room
- Basement
Kitchen
- Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Front Porch
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Lake Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 510270000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2024
Closed on
Jan 17, 2025
Sold by
Welter Thomas J
Bought by
Mangel Jaylen D
Seller's Agent
Michelle Bjerke
Re/Max Lakes Region
Buyer's Agent
Brandon Clouse
KW Inspire Realty Keller Williams
List Price
$164,000
Sold Price
$159,200
Premium/Discount to List
-$4,800
-2.93%
Views
43
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
$2,629
Avg. Annual Appreciation
2.72%
Original Mortgage
$156,316
Outstanding Balance
$155,066
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$6,763
Purchase Details
Closed on
May 5, 2023
Sold by
Welter Thomas J
Bought by
Welter Thomas J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 25, 2020
Sold by
Aakre Summer and Aakre Eric
Bought by
Welter Tom
Purchase Details
Closed on
Jun 24, 2010
Sold by
Johnson Theodore C and Johnson Thomas M
Bought by
Ramstad Summer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,174
Interest Rate
4.83%
Mortgage Type
New Conventional
Similar Home in Lake Park, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $159,200 | None Listed On Document | |
| Quit Claim Deed | $500 | None Listed On Document | |
| Warranty Deed | $70,000 | None Available | |
| Personal Reps Deed | $70,700 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $156,316 | FHA | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $73,174 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2025 01/17/25 | Sold | $159,200 | -2.9% | $105 / Sq Ft |
| 01/06/2025 01/06/25 | Pending | -- | -- | -- |
| 11/02/2024 11/02/24 | For Sale | $164,000 | -- | $108 / 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 |
|---|---|---|---|---|
| 2025 | $614 | $103,800 | $7,500 | $96,300 |
| 2024 | $614 | $88,500 | $7,500 | $81,000 |
| 2023 | $614 | $81,900 | $7,500 | $74,400 |
| 2022 | $542 | $73,700 | $13,300 | $60,400 |
| 2021 | $448 | $62,200 | $13,300 | $48,900 |
| 2020 | $544 | $62,200 | $13,300 | $48,900 |
| 2019 | $770 | $50,800 | $13,300 | $37,500 |
| 2018 | $522 | $70,600 | $13,300 | $57,300 |
| 2017 | $528 | $71,500 | $13,300 | $58,200 |
| 2016 | $478 | $66,000 | $13,300 | $52,700 |
| 2015 | $472 | $57,800 | $13,300 | $44,500 |
| 2014 | -- | $56,600 | $13,300 | $43,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Bjerke
Seller's Agent in 2025
Michelle Bjerke
RE/MAX
(218) 849-8062
119 Total Sales
-
Brandon Clouse
B
Buyer's Agent in 2025
Brandon Clouse
KW Inspire Realty Keller Williams
(701) 350-0119
80 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6626048
APN: R510270000
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