NOT LISTED FOR SALE

38492 532nd Ave Lake Henry, MN 56362

Estimated Value: $517,209 - $614,000

5 Beds
3 Baths
2,340 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $580,000 $248 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,098/month

24 Days on Market

Highlights

  • Lake Front
  • 1,983,287 Sq Ft lot
  • No HOA
  • Guest Suite with Kitchen
  • Bonus Room
  • The kitchen features windows

About This Home

As of June 2024

Welcome to your dream hobby farm nestled just minutes away from the shores of Lake Koronis! This 45+/- acre property consists of approximately 10 tillable acres, pasture & woods. With 5 BR's & 3 BA's, this charming farmhouse provides ample space for family & guests alike. The property features 2 kitchens, perfect for accommodating large gatherings or separate living spaces. Your vehicles & equipment will find a comfortable home in the convenient 3 stall garage, offering ample space for parking & storage. Additionally, multiple outbuildings dot the landscape, all well maintained & ready to serve a variety of purposes, from housing livestock to storing tools & equipment. Enjoy peace of mind with the new septic system & a newer boiler, ensuring both efficiency & reliability for years to come. Nature enthusiasts & all hunters will delight in the wildlife & Emma Lake, providing endless opportunities for outdoor exploration and hunting. A true sanctuary. Additional tillable land available.

Last Agent to Sell the Property

Skip Halverson

RE/MAX Results Listed on: 04/13/2024

RE/MAX Results

Last Buyer's Agent

Debbie Caylor

Lakes Area Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1925

Lot Details

  • 45.53 Acre Lot
  • Lake Front
  • Irregular Lot
  • Additional Parcels
  • Zoning described as Agriculture

Parking

  • 3 Car Garage

Interior Spaces

  • 2-Story Property
  • Combination Dining and Living Room
  • Bonus Room
  • Lake Views
  • Dryer

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Guest Suite with Kitchen

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Mini Split Air Conditioners
  • Boiler Heating System
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Drilled Well
  • Water Softener is Owned
  • Fuel Tank
  • Septic System

Additional Features

  • Wheelchair Ramps
  • Tillable Land

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 170141000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: Partially Wheelchair, Wheelchair Ramp(s)
  • Water Source: Drilled, Private
  • Year Built: 1925
  • Above Grade Finished Sq Ft: 2240
  • Water Body Name: Emma
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Kitchen
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Concrete, Partially Finished
  • Appliances: Dryer, Fuel Tank - Rented, Range, Refrigerator, Water Softener Owned
  • Living Area: 2340
  • Fireplace: No
  • Below Grade Finished Sq Ft: 100
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bonus Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: East
  • Other Structures: Additional Garage, Barn(s), Milk House, Storage Shed
  • LakeChain: N
  • Farm Type: Hobby

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Boiler
  • Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Hardwood Floors,Kitchen Window

Schools

  • Junior High Dist: Paynesville
  • SchoolDistrictPhone: 320-243-3410

Lot Info

  • Topography: Gently Rolling,Level,Low Land,Meadow,Pasture,Wooded
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 45.53 ac
  • Lot Size Sq Ft: 1983286.8
  • Land Lease: No
  • Lot Features: Irregular Lot, Tillable
  • Additional Parcels: Yes
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board, Stucco

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 170141000
  • Tax Annual Amount: 2729
  • TaxWithAssessments: 2729.4100

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2024
Closed on
Jun 24, 2024
Sold by
Waugh Jordan and Aasta Joy
Bought by
Waugh Jordan and Waugh Aasta Joy
Seller's Agent
Skip Halverson
RE/MAX Results
Buyer's Agent
Debbie Caylor
Lakes Area Realty, Inc.
List Price
$589,898
Sold Price
$580,000
Premium/Discount to List
-$9,898
-1.68%
Views
45
Current Estimated Value
$570,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,698
Avg. Annual Appreciation
-1.21%
Source: Public Records

Range of Values:

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Average Value
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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
Waugh Jordan $580,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $580,000 -1.7% $248 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $589,898 -- $252 / 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 $1,180 $408,500 $233,600 $174,900
2024 $1,180 $624,400 $467,400 $157,000
2023 $1,934 $618,300 $468,900 $149,400
2022 $1,500 $479,400 $355,100 $124,300
2021 $1,544 $426,700 $319,400 $107,300
2020 $1,630 $421,600 $319,400 $102,200
2019 $630 $412,800 $315,800 $97,000
2018 $622 $407,100 $315,800 $91,300
2017 $700 $395,200 $309,800 $85,400
2016 $694 $397,000 $309,800 $87,200
2015 $1,488 $0 $0 $0
2014 $1,488 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6509883

NorthstarMLS

APN: 17-0141000