$480,000
SOLD MAY 2, 2025

32318 265th St Underwood, MN 56586

3 Beds
4 Baths
2,902 Sq Ft
20 Acres

Recently Sold

$165 Per Sq Ft

1% Above List Price

137 Days on Market

Highlights

  • Guest House
  • Deck
  • No HOA
  • 871,200 Sq Ft lot
  • Loft
  • 3 Car Attached Garage

About This Home

As of May 2025

Large, year-round home on 20 acres of woods, pasture and tillable. Located in the middle of Otter Tail County, this 3 bedroom 3 bathroom home has an open living, dining and kitchen area. Spacious main floor primary suite with private bathroom and laundry room. An additional family room/sun room and a 3/4 bath complete the main floor. The lower level walk out has a family room, two bedrooms and a full bath. An additional laundry room is in the lower level with tons of storage space. Attached 3 stall garage is insulated and finished. The garage and the lower level of the home have in-floor heat. The guest cabin has ample living space, a 3/4 bath and a loft.

Last Agent to Sell the Property

Karen Zell Verhelst

Trilogy Real Estate Listed on: 11/16/2024

Last Buyer's Agent

Jane Neubauer

Trilogy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 2002

Parking

  • 3 Car Attached Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Well
  • Drilled Well
  • Septic System

Additional Features

  • Air Exchanger
  • Deck
  • 20 Acre Lot
  • Guest House
  • Zoned For Horses

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 57000110071000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Drilled, Well
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1722
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1722
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Partially Finished, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
  • Living Area: 2902
  • Below Grade Finished Sq Ft: 1180
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bathroom, Family Room, Laundry, Bedroom 2, Bedroom 3, Storage, Guest House, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 3

Exterior Features

  • Roof: Asphalt, Metal
  • PoolFeatures: None
  • Other Structures: Guest House
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 1144

Utilities

  • Heating: Boiler, Forced Air, Radiant Floor
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Electric,Propane
  • Power Company: Lake Region Electric Co-op

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Underwood
  • SchoolDistrictNumber: 550
  • SchoolDistrictPhone: 218-826-6101

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 20 Acres
  • Lot Size Sq Ft: 871200
  • Land Lease: No
  • Lot Features: Suitable for Horses, 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: 2024
  • Assessor Parcel Number: 57000110071000
  • Tax Annual Amount: 3278
  • TaxWithAssessments: 3278.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2024
Closed on
May 2, 2025
Sold by
Moss Betty
Bought by
Workman Troy and Workman Lisa
Seller's Agent
Karen Zell Verhelst
Trilogy Real Estate
Buyer's Agent
Jane Neubauer
Trilogy Real Estate
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Views
114
Current Estimated Value
$527,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,006
Avg. Annual Appreciation
32.72%

Purchase Details

Closed on
Dec 30, 2024
Sold by
Moss Betty
Bought by
Stoesz Craig and Stoesz Myra
Source: Public Records

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Range of Values:

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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 $480,000 --
Deed $375,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $480,000 +1.1% $165 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $475,000 -1.0% $164 / Sq Ft
12/17/2024 12/17/24 Off Market $480,000 -- --
11/16/2024 11/16/24 For Sale $475,000 -- $164 / 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 $3,278 $494,400 $100,400 $394,000
2024 $3,278 $631,400 $226,500 $404,900
2023 $3,152 $530,600 $167,300 $363,300
2022 $2,836 $315,200 $0 $0
2021 $2,482 $530,600 $167,300 $363,300
2020 $2,430 $396,000 $130,300 $265,700
2019 $2,446 $371,500 $124,200 $247,300
2018 $2,434 $371,500 $124,200 $247,300
2017 $2,526 $355,700 $119,300 $236,400
2016 $2,494 $354,000 $123,100 $230,900
2015 $2,222 $0 $0 $0
2014 -- $341,200 $113,800 $227,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6631820

NorthstarMLS

APN: 57000110071000