NOT LISTED FOR SALE

3614 198th Ave NW New London, MN 56273

Estimated Value: $686,000 - $743,000

3 Beds
2.5 Baths
2,080 Sq Ft
$346/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $620,000 $298 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,459/month

Highlights

  • Lake Front
  • Beach Access
  • Loft
  • Prairie Woods Elementary School Rated 9+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of December 2022

Welcome to Norway Lake! This Beautiful Log Home is Tucked in the Woods on Over 2 Acres with 200+ Feet of Lakeshore. The Interior Features a Lakeside Primary Suite, 2 Guest Bedrooms, and a Fun Loft Area with Extra Sleeping Space. Fantastic Views from Your Kitchen, Dining, Living & Sun Rooms with a Beautiful Stone Wood-Burning Fireplace! You Will Appreciate the Sandy Lake Bottom While Swimming at Shore and the Wonderful Landscaping! Selling Fully Furnished Except a Few Personal Items!! Call Today for More info!

Last Agent to Sell the Property

Jane Vikse

Jane Vikse Real Estate Listed on: 10/28/2022

Co-Listed By

Jasmine Vikse

Jane Vikse Real Estate

Last Buyer's Agent

Lindsey Christian

BRIX Real Estate

BRIX Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1991

Lot Details

  • 2.14 Acre Lot
  • Lake Front
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage

Home Design

  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Central Vacuum
  • Wood Burning Fireplace
  • Living Room
  • Loft
  • Partial Basement
  • Dryer

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 230050200

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,133

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1991
  • Above Grade Finished Sq Ft: 1864
  • Water Body Name: Norway
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Appliances: Central Vacuum, Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Tankless Water Heater, Water Softener Owned
  • Fireplace Features: Wood Burning
  • Living Area: 2080
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 216
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Bathroom
  • SqFtTotal: 2080.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed
  • Lake Acres: 2338
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Tuckunder Garage
  • Garage Square Feet: 648

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Main Floor Primary Bedroom,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: New London-Spicer
  • SchoolDistrictNumber: 345
  • SchoolDistrictPhone: 320-354-2252

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: IRREGULAR
  • Lot Size Sq Ft: 93218.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 230050200
  • Tax Annual Amount: 4133
  • TaxWithAssessments: 5232.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 16, 2022
Sold by
Johnson Stephen and Johnson Dawn
Bought by
Lindsey Christian and Lindsey Joshua Chrstian
Seller's Agent
Jane Vikse
Jane Vikse Real Estate
Buyer's Agent
Lindsey Christian
BRIX Real Estate
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Views
3
Current Estimated Value
$719,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,257
Avg. Annual Appreciation
5.49%
Original Mortgage
$477,567
Outstanding Balance
$463,712
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$255,545

Purchase Details

Closed on
Jul 28, 2022
Sold by
Smith Patrick
Bought by
Johnson Dawn and Johnson Stephen

Purchase Details

Closed on
Aug 13, 2014
Bought by
Smith Patrick Patrick
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
Lindsey Christian $620,000 --
Johnson Dawn $620,000 --
Smith Patrick Patrick $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindsey Christian $477,567
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $620,000 -4.6% $298 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $650,000 -- $313 / 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 $7,922 $618,100 $311,700 $306,400
2024 $5,052 $649,200 $336,700 $312,500
2023 $4,572 $555,000 $300,900 $254,100
2022 $5,232 $461,700 $257,900 $203,800
2021 $4,598 $363,400 $193,400 $170,000
2020 $4,984 $337,100 $193,400 $143,700
2019 $5,092 $356,600 $214,900 $141,700
2018 $5,148 $355,200 $214,900 $140,300
2017 $3,788 $353,500 $214,900 $138,600
2016 $3,494 $3,395 $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: 6302382

NorthstarMLS

APN: 23-005-0200