NOT LISTED FOR SALE

31958 County Road 5 Lake City, MN 55041

Estimated Value: $439,100 - $524,000

4 Beds
2 Baths
3,570 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $375,000 $105 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,781/month

19 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • No HOA
  • Home fronts a creek
  • Bonus Room
  • Den

About This Home

As of June 2023

Great opportunity to own over 4.5 acres located just seconds from town on a paved road! This property features beautiful grounds, mature trees, the meandering Gilbert Creek, and wildlife all around. If that isn’t enough, the opportunity to build your equity by putting your personal touches on this 3500+ SQFT home should be the icing on the cake. This home would be suitable for a single-family or easily converted into a multi-family dwelling with county approval. The main floor features 3 bedrooms, a full bath, living room, and a large family room overlooking the quiet backyard. Laundry hookups are available on the main floor for easy access. The lower level has an additional kitchen, family room, bedroom, a full bath, and two large multi-purpose rooms. Affordable price with endless opportunities!

Last Agent to Sell the Property

Nancy Denzer

Lakeshore Real Estate Krage & Associates, LLC. Listed on: 04/17/2023

Last Buyer's Agent

Erika Blim

Lakeshore Real Estate Krage & Associates, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1967

Lot Details

  • 4.63 Acre Lot
  • Home fronts a creek
  • Irregular Lot
  • Many Trees

Parking

  • 2 Car Garage
  • Detached Carport Space

Home Design

  • Bi-Level Home
  • Flex
  • Metal Siding

Interior Spaces

  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Bonus Room
  • Utility Room

Kitchen

  • Second Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Storage
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Birchwood Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number R080023600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1832
  • Water Body Name: Gilbert Creek
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Full, Partially Finished, Storage Space
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
  • Living Area: 3570
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1738
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Deck, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom, Bedroom 4, Den, Flex Room, Kitchen- 2nd, Bonus Room, Utility Room, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • Other Structures: Pole Building
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 0
  • LakeChain: N

Garage/Parking

  • Parking Features: Carport, Asphalt
  • Carport Spaces: 1
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Lake City
  • SchoolDistrictNumber: 813
  • SchoolDistrictPhone: 651-345-2198

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 201682.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: R080023600
  • Tax Annual Amount: 2748
  • TaxWithAssessments: 2748.0000

Multi Family

  • WaterfrontFeatures: Creek/Stream

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2023
Closed on
Jun 8, 2023
Sold by
Mccormick David
Bought by
Cox Anthony and Cox Bethanie
Seller's Agent
Nancy Denzer
Lakeshore Real Estate Krage & Associates, LLC.
Buyer's Agent
Erika Blim
Lakeshore Real Estate Krage & Associates, LLC.
List Price
$375,000
Sold Price
$375,000
Views
191
Current Estimated Value
$482,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,275
Avg. Annual Appreciation
11.10%
Original Mortgage
$337,462
Outstanding Balance
$328,504
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$153,771
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cox Anthony $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Anthony $337,462
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $375,000 0.0% $105 / Sq Ft
05/06/2023 05/06/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $375,000 -- $105 / 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 $2,924 $386,600 $82,700 $303,900
2024 $2,924 $359,500 $82,700 $276,800
2023 $2,578 $322,200 $82,700 $239,500
2022 $2,748 $281,300 $72,200 $209,100
2021 $2,792 $273,200 $72,200 $201,000
2020 $2,500 $272,400 $84,000 $188,400
2019 $2,212 $247,800 $67,300 $180,500
2018 $2,250 $219,600 $57,900 $161,700
2017 $2,192 $220,700 $57,900 $162,800
2016 $2,224 $0 $0 $0
2015 $2,224 $0 $0 $0
2012 $2,260 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6355512

NorthstarMLS

APN: R-08.00236.00