NOT LISTED FOR SALE

32925 Nelson Rd Pequot Lakes, MN 56472

Estimated Value: $436,000 - $464,000

5 Beds
1 Bath
1,700 Sq Ft
$267/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $135,000 $79 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $2,511/month

112 Days on Market

Highlights

  • 44 Acre Lot
  • 2 Car Detached Garage
  • Landscaped with Trees
  • Workshop
  • 10 Acres of Pasture
  • Dining Room

About This Home

As of April 2014

Are you looking for an awesome hobby farm with 44 acres, many beautiful trees and room to play. You'll love this place, close to golf, hunting, and all the amenities of the lakes. Approx 30 acres of trees with the balance in hay ground. Beautiful!

Last Agent to Sell the Property

James Fogarty

Lakes & Leisure Realty Listed on: 10/31/2013

Last Buyer's Agent

Richard Rostad

Lakes & Leisure Realty

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $718

Year Built

  • Built in 1940

Lot Details

  • 44 Acre Lot
  • Lot Dimensions are 1320'x1320'
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Farm
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,700 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Workshop
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Storage Shed

Farming

  • 10 Acres of Pasture
  • Hobby or Recreation Farm

Utilities

  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Private Sewer

Community Details

  • Community Deck or Porch

Listing and Financial Details

  • Assessor Parcel Number 290011101000009

Property Details

Property Type

Other

Est. Annual Taxes

$718

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Farms
  • Classification: Homestead
  • Sub Type: Farm
  • Assessment Balance: 15
  • Foundation Size: 874
  • Hobby Farm: Yes
  • Parcel Number: 290011101000009
  • Projected Closed Date: 04/25/2014
  • Stories: 2 Story
  • Street Designation: Road
  • Taxes With Assessments: 733
  • Estimated Number of Acres: 44
  • Estimated Pasture Acres: 10
  • Estimated Tillable Acres: 10
  • Estimated Wooded Acres: 30
  • Topography: Rolling
  • Farm Type: Hobby
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Dining Room: Informal Dining Room
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 5
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 12x14, On Level: Main
  • Room 2: Dining Room, 11x14, On Level: Main
  • Room 4: Kitchen, 9x11, On Level: Main
  • Room 5: Bedroom, 9x10, On Level: Main
  • Room 6: Bedroom, 9x10, On Level: Main
  • Room 7: 11x11, On Level: Upper
  • Room 8: Bedroom, 12x14, On Level: Upper
  • Room 9: Storage Room, 10x12, On Level: Upper
  • Room 10: Porch, 9x23, On Level: Main
  • Room 11: Porch, 5x11, On Level: Main
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1700
  • Total Fin Square Footage: 1700

Exterior Features

  • Frontage Road: City
  • Soil Type: Sand
  • Exterior: Metal
  • Out Buildings: Storage Shed, Workshop
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Baseboard
  • Sewer: Private

Condo/Co-op/Association

  • Shared: Deck, Porch

Schools

  • School District: Pequot Lakes #186

Lot Info

  • Lot/Land Description: Tree Coverage - Medium
  • Estimated Lot Dimensions: 1320'x1320'

Building Info

  • Year Built: 1940

Tax Info

  • Year: 2013
  • Tax Value: 718

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2013
Closed on
Apr 4, 2014
Bought by
Horsman Justin and Horsman Penny
Seller's Agent
James Fogarty
Lakes & Leisure Realty
Buyer's Agent
Richard Rostad
Lakes & Leisure Realty
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%
Current Estimated Value
$453,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,664
Avg. Annual Appreciation
11.03%
Original Mortgage
$100,000
Outstanding Balance
$76,019
Interest Rate
4.34%
Estimated Equity
$377,645

Purchase Details

Listed on
Oct 31, 2013
Closed on
Apr 1, 2014
Sold by
Nelson Don and Clara Revoc Trst
Bought by
Horsman Justin D and Horsman Penny L
Seller's Agent
James Fogarty
Lakes & Leisure Realty
Buyer's Agent
Richard Rostad
Lakes & Leisure Realty
List Price
$159,000
Sold Price
$135,000
Premium/Discount to List
-$24,000
-15.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$76,019
Interest Rate
4.34%
Estimated Equity
$377,645
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
Horsman Justin $135,000 --
Horsman Justin D $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horsman Justin $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $135,000 -15.1% $79 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
10/31/2013 10/31/13 For Sale $159,000 -- $94 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,488 $405,900 $237,200 $168,700
2024 $1,488 $358,300 $199,400 $158,900
2023 $1,268 $288,400 $145,000 $143,400
2022 $1,140 $270,700 $134,600 $136,100
2021 $1,160 $215,400 $109,900 $105,500
2020 $1,170 $211,000 $114,000 $97,000
2019 $1,146 $202,900 $105,700 $97,200
2018 $1,118 $194,300 $106,300 $88,000
2017 $1,082 $165,655 $100,383 $65,272
2016 $1,868 $162,300 $96,000 $66,300
2015 $1,704 $157,300 $95,500 $61,800
2014 $431 $160,800 $98,700 $62,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    James Fogarty

    Lakes & Leisure Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Richard Rostad

    Lakes & Leisure Realty

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4556074

REALTOR® Association of Southern Minnesota

APN: 290011101000009

Minnesota Crow Wing County Pequot Lakes 56472

32925 Nelson Rd, Pequot Lakes, MN

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REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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