NOT LISTED FOR SALE

3025 3rd St Lake Park, MN 56554

Estimated Value: $123,000 - $197,000

2 Beds
1 Bath
1,516 Sq Ft
$104/Sq Ft Est. Value

Last Sold January 17, 2025

Last sale price $159,200 $105 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $874/month

65 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Front Porch
  • No Interior Steps
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

MOVE 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.

Last Agent to Sell the Property

Michelle Bjerke

Re/Max Lakes Region Listed on: 11/02/2024

Re/Max Lakes Region

Last Buyer's Agent

Brandon Clouse

KW Inspire Realty Keller Williams

KW Inspire Realty Keller Williams

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 1933

Lot Details

  • 7,405 Sq Ft Lot
  • Irregular Lot
  • Few Trees

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Combination Dining and Living Room
  • Basement
  • Block Basement Construction

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps
  • Wheelchair Ramps

Outdoor Features

  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Lake Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 510270000

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 1933

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: Grab Bars In Bathroom, Door Lever Handles, No Stairs Internal, Partially Wheelchair, Wheelchair Ramp(s)
  • Water Source: City Water/Connected
  • Year Built: 1933
  • Above Grade Finished Sq Ft: 1016
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Living Area: 1516
  • Fireplace: No
  • Below Grade Finished Sq Ft: 500
  • Basement YN: Yes
  • Dining Room Type: Three Season Porch, Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Front Porch

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake Park-Audubon Schools
  • SchoolDistrictPhone: 218-238-5914

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: irr
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Irregular Lot, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 510270000
  • Tax Annual Amount: 614
  • TaxWithAssessments: 614.0000

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
$157,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,113
Avg. Annual Appreciation
-1.31%
Original Mortgage
$156,316
Outstanding Balance
$154,640
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$2,447

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
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Mangel Jaylen D $159,200 None Listed On Document
Welter Thomas J $500 None Listed On Document
Welter Tom $70,000 None Available
Ramstad Summer $70,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangel Jaylen D $156,316
Previous Owner Welter Thomas J $112,000
Previous Owner Ramstad Summer $73,174
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $700 $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

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Map

Source: NorthstarMLS

MLS Number: 6626048

NorthstarMLS

APN: R510270000