NOT LISTED FOR SALE

3508 Oak Ln Motley, MN 56466

Estimated Value: $279,000 - $331,000

2 Beds
1 Bath
1,320 Sq Ft
$235/Sq Ft Est. Value

Last Sold April 19, 2024

Last sale price $265,000 $201 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,938/month

3 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Wood Burning Stove
  • The kitchen features windows
  • Guest House
  • No HOA
  • Living Room

About This Home

As of April 2024

Everything you need in a lake cabin on beautiful Lake Shamineau! Don't miss this opportunity to fulfill your lake place dream for under $250,000.00. This seasonal, peaceful retreat has gorgeous panoramic lake views, nice beach area, numerous decks and patios. The bunk house sleeps 10 comfortably. Nicely maintained, the property is being sold turnkey and ready for you! Great fishing and recreation just 2 hours from the Twin Cities in the heart of the lakes area.

Last Agent to Sell the Property

Chris Gammon-Kruschek

RE/MAX Central MN Listed on: 03/06/2024

RE/MAX Central MN

Co-Listed By

Jeff Kruschek

RE/MAX Central MN

Last Buyer's Agent

Aaron Colombe

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,995

Year Built

  • Built in 1981

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 100x389
  • 100 Feet of Waterfront
  • Lake Front
  • Many Trees

Parking

  • Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Heating System Uses Wood
  • 100 Amp Service
  • Well

Community Details

  • No Home Owners Association
  • 2Nd Shamineau Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291485000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,995

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 960
  • Water Body Name: Shamineau
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Partial, Walkout
  • Appliances: Microwave, Refrigerator
  • Fireplace Features: Family Room, Wood Burning
  • Living Area: 1320
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 360
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Guest House

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake, Panoramic
  • Other Structures: Bunk House, Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 40+
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Gravel, Driveway - Other Surface

Utilities

  • Heating: Fireplace(s), Wood Stove
  • Sewer: Private Sewer
  • Electric: 100 Amp Service
  • Fuel: Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Patio,Tile Floors,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Staples-Motley
  • SchoolDistrictPhone: 218-894-2430

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x389
  • Lot Size Sq Ft: 39204
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 291485000
  • Tax Annual Amount: 1995
  • TaxWithAssessments: 3016.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 19, 2024
Sold by
Sotis Amy and Sotis James
Bought by
Thompson Kevin and Thompson Jennifer
Seller's Agent
Chris Gammon-Kruschek
RE/MAX Central MN
Buyer's Agent
Aaron Colombe
Edina Realty, Inc.
List Price
$244,900
Sold Price
$265,000
Premium/Discount to List
$20,100
8.21%
Views
36
Current Estimated Value
$310,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,741
Avg. Annual Appreciation
10.97%
Original Mortgage
$265,000
Outstanding Balance
$261,040
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$49,701

Purchase Details

Listed on
May 23, 2014
Closed on
Nov 20, 2014
Sold by
Silvernale Daniel Daniel
Bought by
Lambaere George George
Seller's Agent
Katie Lee
Edina Realty, Inc.
Buyer's Agent
Alicia Elson
Weichert Realtors Tower Properties
List Price
$224,900
Sold Price
$165,000
Premium/Discount to List
-$59,900
-26.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
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
Thompson Kevin $132,500 --
Sotis Amy $265,000 --
Lambaere George George $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotis Amy $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2024 04/19/24 Sold $265,000 0.0% $201 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/12/2024 03/12/24 Off Market $265,000 -- --
03/09/2024 03/09/24 For Sale $244,900 +48.4% $186 / Sq Ft
12/05/2014 12/05/14 Sold $165,000 -26.6% $127 / Sq Ft View Prior Sale
10/27/2014 10/27/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $224,900 -- $173 / 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 $3,698 $298,500 $105,500 $193,000
2024 $3,576 $319,800 $92,500 $227,300
2023 $3,016 $297,800 $84,400 $213,400
2022 $2,664 $197,700 $84,400 $113,300
2021 $2,344 $151,800 $84,400 $67,400
2020 $2,018 $439,000 $253,200 $185,800
2019 $1,774 $151,000 $84,400 $66,600
2018 $1,590 $137,000 $84,400 $52,600
2017 $1,510 $140,500 $87,900 $52,600
2016 $1,456 $0 $0 $0
2014 $1,426 $0 $0 $0
2013 $1,426 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kruschek

    Seller Co-Listing Agent in 2024

    Jeff Kruschek

    RE/MAX

    (320) 630-7837

    213 Total Sales

    Jeff Kruschek
    Section Image
  • Aaron Colombe

    Buyer's Agent in 2024

    Aaron Colombe

    Edina Realty, Inc.

    (320) 630-8513

    31 Total Sales

    Aaron Colombe
    Section Image

  • K

    Seller's Agent in 2014

    Katie Lee

    Edina Realty, Inc.

  • A

    Buyer's Agent in 2014

    Alicia Elson

    Weichert Realtors Tower Properties

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6492996

NorthstarMLS

APN: 29.1485.000

Minnesota Morrison County Motley 56466

3508 Oak Ln, Motley, MN

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