NOT LISTED FOR SALE

38166 486th Ln Palisade, MN 56469

Estimated Value: $169,000 - $187,000

2 Beds
1 Bath
562 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $165,000 $294 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,052/month

Highlights

  • 559 Feet of Waterfront
  • Beach
  • The kitchen features windows
  • Dock Facilities
  • Loft
  • Living Room

About This Home

As of August 2024

This log-sided cabin is located just a few feet from the water’s edge of picturesque Round Lake. The property is part of the Double E Association and shares 559 feet of lake frontage, level elevation and a beautiful sandy bottom. The cabin, which has an Up North feel, was updated in 2016 and boasts an open floor plan, knotty pine interiors, and a loft for extra sleeping accommodations. Interior updates include new appliances, vinyl plank flooring, a mini-split with AC and heat pump, as well as a new bathroom sink and toilet. Exterior updates feature a low-maintenance deck, a new front door, and dock sections. Relax on the lakeside deck or take the boat out for some fishing on the pristine waters of Round Lake. The property is conveniently located about 30 minutes away from Aitkin and McGregor amenities. Don’t miss out on this opportunity!

Last Agent to Sell the Property

Mike O'Connell

Larson Group Real Estate/Kelle Listed on: 08/14/2024

Last Buyer's Agent

Mike O'Connell

Larson Group Real Estate/Kelle Listed on: 08/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $662

Year Built

  • Built in 1960

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 41.5 x 42.5
  • 559 Feet of Waterfront
  • Lake Front
  • Unpaved Streets
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Log Siding

Interior Spaces

  • 562 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Dining Room
  • Loft

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Dock Facilities
  • Shared Waterfront
  • Playground

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Heat Pump System
  • 60 Amp Service
  • Shared Water Source
  • Electric Water Heater
  • Shared Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 3510088100

Community Details

Overview

  • Association fees include trash, shared amenities, lawn care, taxes, water
  • Double E Association, Phone Number (507) 251-6019

Amenities

  • Laundry Facilities

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$662

Year Built

Built in 1960

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Water Source: Shared System
  • Association Amenities: Beach, Laundry, Dock
  • Fee Frequency: Monthly
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 562
  • Water Body Name: Round Lake (Waukenabo Twp.)
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Posts
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Living Area: 562
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Loft
  • Shared Rooms: Play Area

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 559

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Ductless Mini-Split, Heat Pump, Space Heater
  • Sewer: Shared Septic
  • Electric: Service - 60 Amp
  • Fuel: Electric,Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • HOA Fee Includes: Other, Trash, Shared Amenities, Lawn Care, Taxes, Water
  • Phone: 507-251-6019
  • Association Fee: 75
  • Association: Yes
  • Amenities Unit: Deck,Dock,Kitchen Window,Natural Woodwork,Vaulted Ceiling(s)

Association/Amenities

  • HOA Management Co: Double E

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 41.5 x 42.5
  • Lot Size Sq Ft: 1742.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Log Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 3510088100
  • Tax Annual Amount: 662
  • TaxWithAssessments: 662.0000

Multi Family

  • WaterfrontFeatures: Association Access, Lake Front, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 9, 2024
Sold by
Scharber Michael and Scharber Paula
Bought by
Hilliker Heidi
Seller's Agent
Mike O'Connell
Larson Group Real Estate/Kelle
Buyer's Agent
Mike O'Connell
Larson Group Real Estate/Kelle
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$176,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,518
Avg. Annual Appreciation
4.97%
Original Mortgage
$45,000
Outstanding Balance
$44,490
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$132,028

Purchase Details

Closed on
Aug 1, 2000
Bought by
Beaver Denice A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hilliker Heidi $165,000 --
Beaver Denice A $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hilliker Heidi $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Off Market $165,000 -- --
08/14/2024 08/14/24 Sold $165,000 0.0% $294 / Sq Ft
08/14/2024 08/14/24 For Sale $165,000 -- $294 / 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 $664 $127,200 $63,600 $63,600
2024 $662 $122,500 $62,200 $60,300
2023 $666 $120,500 $60,400 $60,100
2022 $698 $114,200 $60,400 $53,800
2021 $644 $92,600 $53,200 $39,400
2020 $638 $90,800 $53,200 $37,600
2019 $636 $87,300 $53,200 $34,100
2018 $656 $83,300 $54,600 $28,700
2017 $634 $86,500 $59,600 $26,900
2016 $622 $86,500 $59,600 $26,900
2014 $598 $85,100 $58,500 $26,600
2012 $6 $88,700 $58,500 $30,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6586077

NorthstarMLS

APN: 35-1-088100