NOT LISTED FOR SALE

31026 County Highway 4 Vergas, MN 56587

Estimated Value: $358,500

2 Beds
1 Bath
520 Sq Ft
$689/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $250,000 $481 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,364/month

40 Days on Market

Highlights

  • 660 Feet of Waterfront
  • Beach
  • Loft
  • Perham Senior High School Rated A-
  • Deck
  • Living Room

About This Home

As of July 2024

QUAINT YEAR-ROUND CABIN ON LOON LAKE. Completely remodeled top to bottom, this 2 bedroom, 1 bath charmer w/ vaulted ceiling and loft space is finished off with a nice blend of rough-cut wood accents, steel, hickory cabinets, and tongue & groove ceilings. Spray-foam insulation, forced air furnace, central air and large composite deck---perfect for taking in the epic views of Loon Lake. Picturesque setting, loaded with mature Maples trees and beautiful shoreline. HOA takes care of all the hassles; leaves, lawn, snow & docks so you can just show up and boat, swim, fish or whatever the season provides. Roomy CIC development with 660 front feet on 3.10 acres. Convenient location, in the heart of lakes country, just outside Vergas on Co. Rd 4. Each unit comes with dock slip and storage space.

Last Agent to Sell the Property

Lisa Jasken

Re/Max Lakes Region Listed on: 05/16/2024

Re/Max Lakes Region

Last Buyer's Agent

Jay Schurman

Re/Max Lakes Region

Re/Max Lakes Region

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,290

Year Built

  • Built in 1968

Lot Details

  • 3.1 Acre Lot
  • 660 Feet of Waterfront
  • Lake Front

HOA Fees

  • $125 Monthly HOA Fees

Interior Spaces

  • 520 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Loft

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Shared Water Source
  • Shared Septic
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 16000991104

Community Details

Overview

  • Association fees include lawn care, shared amenities, snow removal
  • Mapleshores Association, Phone Number (701) 219-1819

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,290

Year Built

Built in 1968

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: Shared System
  • Association Amenities: Beach
  • Fee Frequency: Annually
  • Year Built: 1968
  • Above Grade Finished Sq Ft: 520
  • Water Body Name: Loon
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 20x26
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 520
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Loft

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Panoramic
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 68
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 660

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes, Shared Septic
  • Fuel: Propane
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • HOA Fee Includes: Lawn Care, Other, Shared Amenities, Snow Removal
  • Phone: 701-219-1819
  • Association Fee: 1500
  • Association: Yes
  • Amenities Unit: Dock,Boat Slip

Association/Amenities

  • HOA Management Co: Mapleshores

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictNumber: 549
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irr
  • Lot Size Sq Ft: 135036
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Other
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 16000991104
  • Tax Annual Amount: 1290
  • TaxWithAssessments: 1290.0000

Multi Family

  • WaterfrontFeatures: Lake Front
  • Total Units Sold: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2021
Sold by
Lillibridge Alvina Alvina
Current Estimated Value
$358,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Outstanding Balance
$513,908
Interest Rate
2.79%
Source: Public Records

Range of Values:

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Average Value
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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
-- $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $575,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2024 07/09/24 Sold $250,000 -7.1% $481 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $269,000 0.0% $517 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $269,000 +28.1% $517 / Sq Ft
07/21/2023 07/21/23 Sold $210,000 -2.3% $241 / Sq Ft View Prior Sale
07/10/2023 07/10/23 Pending -- -- --
06/01/2023 06/01/23 Price Changed $214,900 -6.5% $247 / Sq Ft
05/04/2023 05/04/23 For Sale $229,900 -- $264 / 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
2020 $9,092 $0 $0 $0
2019 $8,668 $742,800 $566,000 $176,800
2018 $7,880 $742,800 $566,000 $176,800
2017 $7,201 $655,600 $482,000 $173,600
2016 $7,228 $589,300 $419,000 $170,300
2015 $6,414 $0 $0 $0
2014 -- $568,100 $398,000 $170,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6536596

NorthstarMLS

APN: 16000030013001