NOT LISTED FOR SALE

3402 N Games Lake Ave New London, MN 56273

Estimated Value: $52,000 - $248,000

1.97 Acres
$52,113 Price per Acre
85,813 Sq Ft Lot

Last Sold June 12, 2023

Last sale price $46,500

Est. 121% increase in value since last sale

Current estimated payment $567/month

53 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Prairie Woods Elementary School Rated 9+
  • No HOA

About This Lot

As of June 2023

Gorgeous nearly 2 acre lot in very nice and private development. Close to Games Lake. Property has deeded access to a lot on the lake. Boat Slip available for your use. Please request Covenants and Restrictions. Buy now and build in future or build now, either way this is a lot that you will be happy in owning.

Last Agent to Sell the Property

Paul Ryan

RE/MAX Preferred Realty Listed on: 03/21/2023

RE/MAX Preferred Realty

Last Buyer's Agent

Brady Lindquist

320 Real Estate Co

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $318

Lot Details

  • Finished Lot(s)

Listing and Financial Details

  • Assessor Parcel Number 122800100

Community Details

Overview

  • No Home Owners Association
  • Heritage Spgs On Games Lake Subdivision

Recreation

  • Deeded Waterfront Access Rights

Property Details

Property Type

Land

Est. Annual Taxes

$318

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Finished Lot(s)
  • Water Body Name: Games
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: Public Road
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted,Survey

Exterior Features

  • LakeChain: N

Utilities

  • Utilities: None Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • Topography: Gently Rolling
  • Waterfront YN: No
  • Lot Size: Irr
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 122800100
  • Tax Annual Amount: 318
  • TaxWithAssessments: 318.0000

Multi Family

  • WaterfrontFeatures: Deeded Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Jun 12, 2023
Sold by
Schrotberger Jason
Bought by
Strom Travis and Simon Sophia
Seller's Agent
Paul Ryan
RE/MAX Preferred Realty
Buyer's Agent
Brady Lindquist
320 Real Estate Co
List Price
$49,900
Sold Price
$46,500
Premium/Discount to List
-$3,400
-6.81%
Views
90
Current Estimated Value
$102,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,162
Avg. Annual Appreciation
39.48%
Original Mortgage
$34,875
Outstanding Balance
$33,949
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$68,713

Purchase Details

Closed on
Jun 7, 2017
Sold by
Quimby Lisa Kay
Bought by
Schrotberger Jason L

Purchase Details

Closed on
Aug 28, 2009
Sold by
Outdoor Elements Inc
Bought by
Schrotberger Jason L and Quimby Lisa Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2005
Sold by
Games Lake Properties Llc
Bought by
Outdoor Elements Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Strom Travis $46,500 --
Schrotberger Jason L $5,000 --
Schrotberger Jason L $35,000 Kandiyohi Abstract & Title C
Outdoor Elements Inc -- Katc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strom Travis $34,875
Previous Owner Schrotberger Jason L $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/12/2023 06/12/23 Sold $46,500 -6.8% --
05/16/2023 05/16/23 Pending -- -- --
03/23/2023 03/23/23 For Sale $49,900 -- --
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 $326 $40,900 $37,900 $3,000
2024 $294 $34,900 $32,900 $2,000
2023 $286 $34,100 $32,100 $2,000
2022 $318 $34,100 $32,100 $2,000
2021 $304 $32,800 $30,800 $2,000
2020 $298 $30,400 $28,400 $2,000
2019 $300 $29,900 $27,900 $2,000
2018 $290 $29,900 $27,900 $2,000
2017 $278 $29,900 $27,900 $2,000
2016 $276 $283 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6346224

NorthstarMLS

APN: 12-280-0100