NOT LISTED FOR SALE

311 Lake Ave Big Lake, MN 55309

Estimated Value: $242,000 - $308,000

3 Beds
1 Bath
1,040 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $275,000 $264 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,687/month

5 Days on Market

Highlights

  • Lake View
  • No HOA
  • Living Room
  • Big Lake Senior High School Rated 9+
  • The kitchen features windows
  • 1-Story Property

About This Home

As of July 2024

Very nice 3 bed 1 bath rambler that is just steps away from the gorgeous waters of Big Lake. Home is very
well kept. Updated kitchen cabinets, stainless steel appliances, windows and more! Home sits on a deep
double lot. All living facilities on 1 level. Convenient and quick commute to HWY 10. Enjoy the beautiful
walking trails along the shores of Big Lake to the nearby park, swimming beach, boat landing, fishing
docks, and the local farmers market.

Last Agent to Sell the Property

Alex Powell

JPW Realty Listed on: 06/21/2024

JPW Realty

Last Buyer's Agent

Tami Biegert

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,070

Year Built

  • Built in 1960

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 61x147x67x81x53
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence
  • Many Trees

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Block Basement Construction
  • Basement Storage

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 654230335

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,070

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1040
  • Water Body Name: Big
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Living Area: 1040
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial, Privacy, Wood
  • LakeChain: N

Garage/Parking

  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Window,Main Floor Primary Bedroom,Porch,Washer/Dryer Hookup

Schools

  • Junior High Dist: Big Lake
  • SchoolDistrictPhone: 763-262-5218

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 61x147x67x81x53
  • Lot Size Sq Ft: 8276.4
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 654230335
  • Tax Annual Amount: 3070
  • TaxWithAssessments: 3070.0000

Multi Family

  • WaterfrontFeatures: Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2019
Sold by
Trilogy Properties Of Mn Llc
Bought by
Korby Jesse M and Olson Kayla R
Current Estimated Value
$278,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Outstanding Balance
$180,472
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$97,903

Purchase Details

Closed on
Jan 29, 2019
Sold by
Mortensen Jeffrey Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.45%

Purchase Details

Closed on
Jan 27, 2017
Sold by
Dallessandro Lona N and Schwartz Sarah
Bought by
Mortensen Jeffrey C and Mortensen Angela E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,880
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 2011
Sold by
Colucici Sherry J
Bought by
Schwartz Sarah and Dallessandro Lona N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,200
Interest Rate
4.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korby Jesse M $207,000 Custom Title
-- $94,000 --
Mortensen Jeffrey C -- None Available
Schwartz Sarah $64,000 Home Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korby Jesse M $203,250
Previous Owner -- --
Previous Owner Mortensen Jeffrey C $114,880
Previous Owner Schwartz Sarah $51,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $275,000 0.0% $264 / Sq Ft
07/03/2024 07/03/24 Price Changed $275,000 +3.8% $264 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/28/2024 06/28/24 For Sale $265,000 -- $255 / 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 $2,718 $243,700 $65,200 $178,500
2024 $3,100 $238,800 $65,200 $173,600
2023 $3,070 $239,800 $73,100 $166,700
2022 $2,462 $228,800 $62,100 $166,700
2020 $1,984 $177,500 $37,400 $140,100
2019 $1,720 $146,300 $34,500 $111,800
2018 $1,628 $129,300 $31,700 $97,600
2017 $1,394 $119,900 $29,000 $90,900
2016 $1,710 $104,100 $25,900 $78,200
2015 $1,574 $98,100 $22,000 $76,100
2014 $1,512 $94,700 $22,000 $72,700
2013 -- $86,400 $21,900 $64,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6557883

NorthstarMLS

APN: 65-423-0335