NOT LISTED FOR SALE

318 Elizabeth St Detroit Lakes, MN 56501

Estimated Value: $234,000 - $282,002

4 Beds
2.5 Baths
2,208 Sq Ft
$117/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $225,000 $102 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,561/month

51 Days on Market

Highlights

  • 2 Fireplaces
  • Den
  • Combination Dining and Living Room
  • No HOA
  • The kitchen features windows
  • 4-minute walk to Detroit Lakes City Park

About This Home

As of April 2023

UPDATED 4+ BED 3 BATH HOME WITH OPEN KITCHEN, DINING, LIVING AREA. FEATURES NEWER FLOORING, HARDWOOD FLOORING, NEWER WASHER AND DRYER, SS APPLIANCES. ATTACHED SUN ROOM W/ACCESS TO FENCED BACK YARD W/FIRE PIT AREA. WOOD BURNING MAIN FLOOR FP & GAS LOWER FP. DETACHED 2 STALL GARAGE W/ 10FT CEILING. SNOW BLOWER STAYS. LOCATED NEAR CITY BEACH, SHOPPING, BALL PARK, SCHOOLS, TENNIS, PARK, AND MANY EATING ESTABLISHMENTS. CALL TODAY FOR A SHOWING!

Last Agent to Sell the Property

Jude Ostgarden

The Real Estate Company of Detroit Lakes Listed on: 02/13/2023

Last Buyer's Agent

TJ Buboltz

HomeSmart Adventure Realty

HomeSmart Adventure Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1934

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75x150
  • Chain Link Fence

Parking

  • 2 Car Garage

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Finished Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Baseboard Heating
  • Radiant Heating System
  • 200+ Amp Service

Community Details

  • No Home Owners Association
  • Park View Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 492339000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 1934

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1934
  • Above Grade Finished Sq Ft: 1384
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Wood Burning
  • Living Area: 2208
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 824
  • Basement YN: Yes
  • Dining Room Type: Sun Room, Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bathroom, Family Room, Bedroom 3, Bedroom 4, Den, Laundry
  • SqFtTotal: 2208.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: Chain Link

Garage/Parking

  • Parking Features: Detached, Asphalt
  • Garage Square Feet: 832

Utilities

  • Heating: Baseboard, Fireplace(s), Radiant
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas,Oil,Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 75X150
  • Lot Size Sq Ft: 11325.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 492339000
  • Tax Annual Amount: 2200
  • TaxWithAssessments: 2200.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 20, 2023
Sold by
Tyge Jason
Bought by
Johnson Groom Robin
Seller's Agent
Jude Ostgarden
The Real Estate Company of Detroit Lakes
Buyer's Agent
TJ Buboltz
HomeSmart Adventure Realty
List Price
$234,500
Sold Price
$225,000
Premium/Discount to List
-$9,500
-4.05%
Views
40
Current Estimated Value
$259,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,251
Avg. Annual Appreciation
5.90%
Original Mortgage
$222,500
Outstanding Balance
$216,462
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$42,789

Purchase Details

Listed on
Feb 13, 2023
Closed on
Apr 17, 2023
Sold by
Tyge Jason W and Tyge Jill
Bought by
Groom Robin Dawn Johnson
Seller's Agent
Jude Ostgarden
The Real Estate Company of Detroit Lakes
Buyer's Agent
TJ Buboltz
HomeSmart Adventure Realty
List Price
$234,500
Sold Price
$225,000
Premium/Discount to List
-$9,500
-4.05%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Outstanding Balance
$216,462
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$42,789

Purchase Details

Closed on
Jul 15, 2015
Sold by
Bode Brenda and Bode Joseph T
Bought by
Tyge Jason W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,698
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Mar 15, 2006
Sold by
Nelson David and Nelson Deanna
Bought by
Dornbusch Brenda and Bode Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,200
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2005
Sold by
Hegg Justin L and Hegg Monessa Y
Bought by
Nelson David and Nelson Deanna

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
5.82%
Mortgage Type
Purchase Money Mortgage
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
Johnson Groom Robin $225,000 --
Groom Robin Dawn Johnson $225,000 None Listed On Document
Tyge Jason W $172,000 Minnesota Title & Closing Co
Dornbusch Brenda $156,500 Becker County Title Svcs Inc
Nelson David $140,000 Becker County Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Groom Robin $222,500
Closed Groom Robin Dawn Johnson $180,000
Previous Owner Tyge Jason W $175,698
Previous Owner Dornbusch Brenda $125,200
Previous Owner Nelson David $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2023 04/20/23 Sold $225,000 -4.1% $102 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
02/11/2023 02/11/23 For Sale $234,500 -- $106 / 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 $2,172 $245,900 $31,200 $214,700
2024 $2,500 $268,000 $31,200 $236,800
2023 $2,422 $245,400 $31,200 $214,200
2022 $2,200 $207,300 $27,700 $179,600
2021 $2,070 $196,000 $27,700 $168,300
2020 $2,098 $196,000 $27,700 $168,300
2019 $1,980 $196,900 $27,700 $169,200
2018 $2,060 $181,400 $27,700 $153,700
2017 $1,832 $207,400 $27,200 $180,200
2016 $1,636 $178,300 $27,200 $151,100
2015 $1,540 $158,000 $27,200 $130,800
2014 -- $153,000 $27,200 $125,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6331799

NorthstarMLS

APN: R492339000