NOT LISTED FOR SALE

38364 Walker Lake Dr Richville, MN 56576

Estimated Value: $231,876 - $331,000

2 Beds
2 Baths
1,500 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 29, 2013

Last sale price $135,500 $90 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $1,545/month

47 Days on Market

Highlights

  • 210 Feet of Waterfront
  • Open Floorplan
  • 2 Car Garage
  • Perham Senior High School Rated A-
  • Deck
  • Landscaped with Trees

About This Home

As of August 2013

Affordable year around home on the river which provides access to Walker and Otter Tail Lake. This comfortable 2 bedroom, 2 bath home offering a wood burning fireplace, low maintenance vinyl exterior, screened porch plus double attached and detached garages.

Last Agent to Sell the Property

Tom Verhelst

Keller Williams Realty Professionals Listed on: 05/24/2013

Co-Listed By

Karen Zell Verhelst

Keller Williams Realty Professionals

Last Buyer's Agent

Amanda Armstrong

RE/MAX Signature Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,554

Year Built

  • 1977

Lot Details

  • 2.27 Acre Lot
  • 210 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Metal Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Boiler Heating System
  • Radiant Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Gas Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 02000990717000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,554

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 2.27
  • Beach Type: Weeds/Reeds
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Rented, Water Heater-Gas
  • Parcel Number: 02000990717000
  • Projected Closed Date: 08/27/2013
  • Stories: 1 Story
  • Street Designation: Drive
  • Taxes With Assessments: 978
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Full Basement
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Room 1: Bedroom, 15x15.6, On Level: Main
  • Room 2: Bedroom, 11.5x15.5, On Level: Main
  • Room 6: Family Room, 14x16, On Level: Lower
  • Room 9: Kitchen, 11x16, On Level: Lower
  • Room 11: On Level: Lower
  • Room 12: Living Room, 16x23, On Level: Main
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1500
  • Total Square Footage: 1500

Exterior Features

  • Frontage Road: County, Paved
  • Lake Class: River
  • Waterfront Name: Dead River
  • Construction Type: Frame/Wood
  • Exterior: Metal
  • Waterfront: Yes
  • Water Frontage: 210
  • Waterfront Description: River

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Boiler, Radiant
  • Sewer: Private
  • Water: Private

Schools

  • School District: Battle Lake #542

Lot Info

  • Estimated Lot Dimensions: 2.27
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2013
Closed on
Aug 29, 2013
Sold by
Brodersen Linda Linda
Bought by
Koon Matthew and Schmidt Cassandra
Seller's Agent
Tom Verhelst
Keller Williams Realty Professionals
Buyer's Agent
Amanda Armstrong
RE/MAX Signature Properties
List Price
$149,900
Sold Price
$135,500
Premium/Discount to List
-$14,400
-9.61%
Current Estimated Value
$267,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,459
Avg. Annual Appreciation
6.44%
Original Mortgage
$100,500
Outstanding Balance
$75,017
Interest Rate
4.33%
Estimated Equity
$212,689
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
Koon Matthew $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koon Matthew $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2013 08/29/13 Sold $135,500 -9.6% $90 / Sq Ft
07/10/2013 07/10/13 Pending -- -- --
05/24/2013 05/24/13 For Sale $149,900 -- $100 / 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
2025 $1,554 $192,700 $48,600 $144,100
2024 $1,692 $183,600 $42,600 $141,000
2023 $1,220 $166,800 $38,400 $128,400
2022 $1,236 $122,000 $0 $0
2021 $1,166 $166,800 $38,400 $128,400
2020 $1,442 $145,100 $26,800 $118,300
2019 $1,264 $135,700 $26,800 $108,900
2018 $1,290 $135,700 $26,800 $108,900
2017 $1,200 $127,400 $27,500 $99,900
2016 $1,154 $121,100 $27,500 $93,600
2015 $1,014 $0 $0 $0
2014 -- $120,100 $27,500 $92,600
Source: Public Records

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4484196

REALTOR® Association of Southern Minnesota

APN: 02000990717000