NOT LISTED FOR SALE

31556 Stewarts Bay Dr Pequot Lakes, MN 56472

Estimated Value: $286,000 - $368,000

2 Beds
2 Baths
1,696 Sq Ft
$194/Sq Ft Est. Value

Last Sold June 20, 2024

Last sale price $315,000 $186 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,900/month

34 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Property fronts a channel
  • Loft
  • 97 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Corner Lot

About This Home

As of June 2024

Experience lake life at this Pelican Lake access home which is nestled amidst mature pine trees. Recently remodeled, this home boasts 2 plus bedrooms, 2 bathrooms, craftsman updates, a vaulted ceiling, an open floor plan, stainless steel appliances, newer decks, and a loft you can use as a third bedroom. With association access conveniently located across the road in Stewarts Bay, you'll have easy access to Pelican Lake - known for its excellent fishing, recreational use, and entertainment options. Plus, the oversized insulated and heated 48x32 detached garage has a workshop with 10 ft sidewalls, 200-amp electric service and multiple 230-volt electric receptacles. You'll also enjoy excellent restaurants, entertainment, and premier golf courses nearby in the historic Breezy Point Resort. Don't miss out on this incredible opportunity to own a Pelican Lake access home right in the heart of the Lakes Area - come and see it for yourself!

Last Agent to Sell the Property

Mike O'Connell

Larson Group Real Estate/Kelle Listed on: 04/19/2024

Last Buyer's Agent

Dan Bye

Heartland Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,021

Year Built

  • Built in 1985

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are 152 x 203 x 152 x 203
  • Property fronts a channel
  • 97 Feet of Waterfront
  • Street terminates at a dead end
  • Corner Lot

Parking

  • 6 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage

Home Design

  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 1.5-Story Property
  • Living Room
  • Loft
  • Storage Room

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Finished Basement

  • Drainage System
  • Basement Storage
  • Basement Window Egress

Outdoor Features

  • Deeded Waterfront Access Rights
  • Beach Access
  • Shared Waterfront

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association
  • Stewarts Norway Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 82120543

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,021

Year Built

Built in 1985

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1137
  • Water Body Name: Pelican
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,DSL,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Drainage System, Egress Window(s), Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 1696
  • Fireplace: No
  • Below Grade Finished Sq Ft: 559
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Laundry, Storage, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Metal, Pitched
  • View: Bay, South
  • Other Structures: Additional Garage, Workshop
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck,Front Porch
  • Lake Acres: 8367
  • Lake Bottom: Hard,Soft,Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 97

Garage/Parking

  • Parking Features: Detached, Gravel, Electric, Heated Garage, Insulated Garage, Storage
  • Garage Square Feet: 1536

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Electric,Natural Gas
  • Power Company: Crow Wing Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Dock,Local Area Network,Main Floor Primary Bedroom,Natural Woodwork,Porch,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Pequot Lakes
  • SchoolDistrictNumber: 186
  • SchoolDistrictPhone: 218-568-4996

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 152 x 203 x 152 x 203
  • Lot Size Sq Ft: 30492
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Corner Lot, Many Trees, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 82120543
  • Tax Annual Amount: 1021
  • TaxWithAssessments: 1046.0000

Multi Family

  • WaterfrontFeatures: Association Access, Channel Shore, Deeded Access, Dock, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 20, 2024
Sold by
Stewart Elizabeth E and Stewart-Geroy Elizabeth E
Bought by
Lasher Vincent K and Lasher Randi J
Seller's Agent
Mike O'Connell
Larson Group Real Estate/Kelle
Buyer's Agent
Dan Bye
Heartland Real Estate
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%
Views
83
Current Estimated Value
$329,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,588
Avg. Annual Appreciation
4.20%
Original Mortgage
$252,000
Outstanding Balance
$250,104
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$79,484

Purchase Details

Closed on
Jun 1, 2003
Sold by
Fraser Doris C and Fraser Leo H
Bought by
Stewart Elizabeth E
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
Lasher Vincent K $315,000 Lakes Area Title Services Llc
Stewart Elizabeth E $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lasher Vincent K $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $315,000 -3.1% $186 / Sq Ft
05/24/2024 05/24/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $325,000 -- $192 / 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
2024 $926 $229,600 $57,700 $171,900
2023 $1,046 $233,100 $62,400 $170,700
2022 $894 $205,700 $46,800 $158,900
2021 $906 $141,300 $34,600 $106,700
2020 $794 $131,000 $32,700 $98,300
2019 $740 $111,900 $31,400 $80,500
2018 $718 $103,400 $30,900 $72,500
2017 $720 $102,300 $30,300 $72,000
2016 $708 $100,200 $30,400 $69,800
2015 $586 $87,800 $30,400 $57,400
2014 $283 $88,300 $30,400 $57,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6521789

NorthstarMLS

APN: 821200020020009