NOT LISTED FOR SALE

37789 Dream Island Rd Crosslake, MN 56442

Estimated Value: $411,000 - $714,000

2 Beds
1 Bath
1,536 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $230,000 $150 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,322/month

74 Days on Market

Highlights

  • 122 Feet of Waterfront
  • Wood Burning Stove
  • Fireplace
  • Deck
  • 2 Car Detached Garage
  • Patio

About This Home

As of October 2014

Unique setting - home on an island with water on two sides and functional home with great views - two car garage and a 26x10 boat house! Make this one yours!

Last Agent to Sell the Property

Brandon Pederson

RE/MAX Lakes Area Realty-Crosslake Listed on: 05/18/2014

Co-Listed By

Terry Pederson

RE/MAX Lakes Area Realty-Crosslake

Last Buyer's Agent

Brandon Pederson

RE/MAX Lakes Area Realty-Crosslake Listed on: 05/18/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,163

Year Built

  • Built in 1970

Lot Details

  • 0.6 Acre Lot
  • Lot Dimensions are 70x164x182
  • 122 Feet of Waterfront
  • Lake Front
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Walk-Out Basement
  • Range
  • Washer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Listing and Financial Details

  • Assessor Parcel Number 120101101E00009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,163

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Deck, Patio
  • Estimated Number of Acres: 0.6
  • Assessment Balance: 15
  • Chain Acreage: 14442.31
  • Construction: Previously Owned
  • Foundation Size: 768
  • Parcel Number: 120101101E00009
  • Projected Closed Date: 10/17/2014
  • Stories: 1 Story
  • Street Designation: Road
  • Taxes With Assessments: 1178
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Appliances: Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 24x12, On Level: Main
  • Room 2: Dining Room, 9x12, On Level: Main
  • Room 3: Family Room, 12x16, On Level: Lower
  • Room 4: Kitchen, 12x10, On Level: Main
  • Room 5: Bedroom, 11x11, On Level: Main
  • Room 9: Other, 14x9, On Level: Lower
  • Room 10: Den/Office, 9x9, On Level: Lower
  • Room 11: Laundry Room, 10x9, On Level: Lower
  • Basement Features: Walkout
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 768
  • Below Grade Finished Sq Ft: 768
  • Total Fin Square Footage: 1536

Exterior Features

  • Frontage Road: City
  • LakeAcres: 395
  • Exterior: Vinyl
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 122
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air, Wood Stove
  • Water: Private

Schools

  • School District: Pequot Lakes #186

Lot Info

  • Estimated Lot Dimensions: 70x164x182
  • Lot/Land Description: Tree Coverage - Light

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2014
  • Tax Value: 1163

MLS Schools

  • School District: Pequot Lakes #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2014
Closed on
Oct 17, 2014
Bought by
Lutgen David and Lutgen Michelle
Seller's Agent
Brandon Pederson
RE/MAX Lakes Area Realty-Crosslake
Buyer's Agent
Brandon Pederson
RE/MAX Lakes Area Realty-Crosslake
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Current Estimated Value
$574,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,575
Avg. Annual Appreciation
8.71%
Original Mortgage
$229,000
Outstanding Balance
$177,944
Interest Rate
4.08%
Estimated Equity
$391,191

Purchase Details

Listed on
May 18, 2014
Closed on
Oct 1, 2014
Sold by
Wille Johanna
Bought by
Lutgen David and Lutgen Michelle
Seller's Agent
Brandon Pederson
RE/MAX Lakes Area Realty-Crosslake
Buyer's Agent
Brandon Pederson
RE/MAX Lakes Area Realty-Crosslake
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Outstanding Balance
$177,944
Interest Rate
4.08%
Estimated Equity
$391,191
Source: Public Records

Range of Values:

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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
Lutgen David $230,000 --
Lutgen David $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutgen David F $50,000
Open Lutgen David $229,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2014 10/17/14 Sold $230,000 -8.0% $150 / Sq Ft
07/31/2014 07/31/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $249,900 -- $163 / 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
2024 $2,290 $415,600 $247,300 $168,300
2023 $2,594 $420,500 $239,400 $181,100
2022 $2,336 $399,100 $227,800 $171,300
2021 $2,035 $248,100 $143,800 $104,300
2020 $2,324 $227,300 $128,900 $98,400
2019 $2,164 $227,300 $128,800 $98,500
2018 $1,920 $209,000 $119,900 $89,100
2017 $1,738 $205,500 $116,900 $88,600
2016 $1,500 $163,700 $105,700 $58,000
2015 $1,244 $153,700 $103,000 $50,700
2014 $589 $150,000 $99,400 $50,600
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Brandon Pederson

    RE/MAX

  • T

    Seller Co-Listing Agent in 2014

    Terry Pederson

    RE/MAX

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4621672

REALTOR® Association of Southern Minnesota

APN: 120101101E00009

Minnesota Crow Wing County Crosslake 56442

37789 Dream Island Rd, Crosslake, MN

This home is located at 37789 Dream Island Rd, Crosslake, MN 56442 since 18 May 2014 and is currently estimated at $574,575, approximately $374 per square foot. This property was built in 1970. 37789 Dream Island Rd is a home located in Crow Wing County with nearby schools including Eagle View Elementary School, Pequot Lakes Middle School, and Pequot Lakes Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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