$387,500
SOLD NOV 19, 2025

32003 402nd Place Aitkin, MN 56431

2 Beds
2 Baths
1,723 Sq Ft
64,556 Sq Ft Lot

Recently Sold

$225 Per Sq Ft

27% Below List Price

59 Days on Market

Highlights

  • 125 Feet of Waterfront
  • 64,556 Sq Ft lot
  • Living Room with Fireplace
  • Beach Access
  • Deck
  • No HOA

About This Home

As of November 2025

Two-bedroom, two-bathroom west facing home on Hanging Kettle Lake with 125 feet of frontage. Home features two fireplaces, and two kitchens, one on the upper level and one on the lower. Detached garage is insulated and heated. Two storage sheds by the lake. Across the road you will find a bunk house for overflow sleeping and another small garage stall. Hanging Kettle Lake is over 300 acres, great for recreation and fishing, and is a close drive to downtown Aitkin. Schedule your showing before its too late!

Last Agent to Sell the Property

Chad Schwendeman

eXp Realty Brokerage Phone: 218-831-4663 Listed on: 08/25/2025

eXp Realty

Co-Listed By

Chris Hanson

eXp Realty Brokerage Phone: 218-831-4663

Last Buyer's Agent

David Noe

Realty ONE Group Choice

Realty ONE Group Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,074

Year Built

  • Built in 1976

Lot Details

  • 1.48 Acre Lot
  • 125 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Steel Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Nestruds Sunset Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071131200

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,074

Year Built

Built in 1976

Lot Details

1.48 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Private, Well
  • Year Built: 1976
  • Above Grade Finished Sq Ft: 960
  • Water Body Name: Hanging Kettle
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Attribution Contact: 218-831-4663
  • Attribution Contact: 218-831-4663
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Walkout
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Wood Burning
  • Living Area: 1723
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 763
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Family Room, Bedroom 2, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • View: West
  • Other Structures: Additional Garage, Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 125

Garage/Parking

  • Parking Features: Detached, Concrete

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irr
  • Lot Size Sq Ft: 64555.92
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Steel Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 071131200
  • Tax Annual Amount: 2074
  • TaxWithAssessments: 2074.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2025
Closed on
Nov 19, 2025
Sold by
Estate Of Marlene Elizabeth Linn
Bought by
Parlow Jeffrey
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
David Noe
Realty ONE Group Choice
List Price
$529,900
Sold Price
$387,500
Premium/Discount to List
-$142,400
-26.87%
Views
50
Current Estimated Value
$444,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,240
Avg. Annual Appreciation
49.96%
Original Mortgage
$348,750
Outstanding Balance
$348,750
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$95,990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $387,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,750 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 Sold $387,500 0.0% $225 / Sq Ft
10/27/2025 10/27/25 Pending -- -- --
10/13/2025 10/13/25 Off Market $387,500 -- --
09/09/2025 09/09/25 Price Changed $499,900 -5.7% $290 / Sq Ft
08/29/2025 08/29/25 For Sale $529,900 -- $308 / Sq Ft
Source: NorthstarMLS

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 $1,942 $494,900 $237,600 $257,300
2024 $2,074 $466,600 $242,500 $224,100
2023 $1,808 $464,500 $241,000 $223,500
2022 $1,872 $386,700 $191,600 $195,100
2021 $1,668 $308,200 $158,800 $149,400
2020 $1,652 $283,700 $147,300 $136,400
2019 $1,580 $268,400 $147,300 $121,100
2018 $1,432 $253,500 $141,700 $111,800
2017 $1,206 $235,800 $136,400 $99,400
2016 $1,302 $235,900 $136,500 $99,400
2014 $1,300 $248,800 $146,600 $102,200
2012 $12 $274,500 $159,600 $114,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6703936

NorthstarMLS

APN: 07-1-131200

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