$390,000
SOLD JAN 2, 2025

35062 County Road 39 Pequot Lakes, MN 56472

4 Beds
2 Baths
1,284 Sq Ft
10.59 Acres

Recently Sold

$304 Per Sq Ft

18% Below List Price

48 Days on Market

Highlights

  • No HOA
  • 3 Car Attached Garage
  • Partially Fenced Property

About This Home

As of January 2025

Conveniently located in the center of the Lakes Area, this 10+ acre property is "Ideal" for a home-based business or hobby farm. With 2 homes, 2-stall attached garage, barn, loafing sheds, storage sheds, functional dog kennel (suitable for dozens of animals) and partial fencing, your imagination is the limit for possible uses for this homestead. The main home consists of 2 bedrooms, 1 bathroom, a large entry area with laundry formerly used for dog grooming, and has an attic and basement that could be finished for additional living space. The second home was build about 25 years ago and is beautifully finished with tongue in groove. This home has 2 bedrooms, 1 bath, a beautiful kitchen, cozy free-standing fireplace, and spacious living room with large glass door to a cozy patio/court yard area. The property is all high with beautiful hard woods and is set up for livestock.

Last Agent to Sell the Property

Kari Crimmins

North Pointe Realty Advantage Listed on: 10/03/2024

Last Buyer's Agent

Melissa Genereux

Gener8 Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,804

Year Built

  • Built in 1960

Lot Details

  • 10.59 Acre Lot
  • Partially Fenced Property

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1,284 Sq Ft Home
  • 1.5-Story Property
  • Free Standing Fireplace
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 68230573

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,804

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1284
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 34x30xirr
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial, Partially Finished
  • Appliances: Microwave, Range, Refrigerator
  • Fireplace Features: Free Standing
  • Living Area: 1284
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: Partial
  • Other Structures: Barn(s), Dog Kennel, Storage Shed
  • Farm Type: Hobby

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 720

Utilities

  • Heating: Boiler, Fireplace(s), Radiant
  • Sewer: Tank with Drainage Field
  • Fuel: Natural Gas,Wood

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pequot Lakes
  • SchoolDistrictNumber: 186
  • SchoolDistrictPhone: 218-568-4996

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1336x417x920xirr
  • Lot Size Sq Ft: 461300.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Business/Commercial
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 68230573
  • Tax Annual Amount: 1804
  • TaxWithAssessments: 1804.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Jan 2, 2025
Sold by
Bilben Elaine J and White Joann B
Bought by
Crosslake Summit Properties Llc
Seller's Agent
Kari Crimmins
North Pointe Realty Advantage
Buyer's Agent
Melissa Genereux
Gener8 Group LLC
List Price
$475,000
Sold Price
$390,000
Premium/Discount to List
-$85,000
-17.89%
Views
35
Current Estimated Value
$398,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,605
Avg. Annual Appreciation
3.41%
Original Mortgage
$1,000,000
Outstanding Balance
$990,688
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
-$592,083
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
Warranty Deed $390,000 First American Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2025 01/02/25 Sold $390,000 -2.5% $304 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $400,000 -6.4% $312 / Sq Ft
10/11/2024 10/11/24 Price Changed $427,200 -10.1% $333 / Sq Ft
10/03/2024 10/03/24 For Sale $475,000 -- $370 / 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 $2,100 $500,300 $138,300 $362,000
2024 $2,100 $475,900 $105,200 $370,700
2023 $1,804 $427,200 $74,000 $353,200
2022 $1,658 $370,900 $82,400 $288,500
2021 $1,784 $271,600 $75,300 $196,300
2020 $1,568 $270,900 $71,100 $199,800
2019 $1,586 $242,400 $64,600 $177,800
2018 $1,458 $242,800 $64,900 $177,900
2017 $1,398 $211,171 $58,190 $152,981
2016 $1,354 $191,000 $49,300 $141,700
2015 $1,242 $186,400 $49,100 $137,300
2014 $614 $189,600 $49,200 $140,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6612812

NorthstarMLS

APN: 680233300C00009