NOT LISTED FOR SALE

38511 240th St Aitkin, MN 56431

Estimated Value: $224,000 - $345,984

2 Beds
1 Bath
672 Sq Ft
$402/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $315,000 $469 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,596/month

Highlights

  • 104 Feet of Waterfront
  • No HOA
  • Living Room
  • Lake View
  • The kitchen features windows
  • 1-Story Property

About This Home

As of June 2022

You will likely cherish this spotless adorable cabin on the north end of MilleLacs which was completely remodeled in 2016 from an existing 1997 structure. 104' of hard sand lakeshore frontage with an easy transition from smaller rocks to sand...all day sun pouring in from the eastern sunrises to the western sunsets....you can spend your time on the dock, at the lakeside decking platform or hanging around the lakeside firepit to soak in the vast rippling waters and immense views provided by MilleLacs Lake at this location! This darling cabin is move-in ready with 2 bedrooms and a 3/4 bathroom, a living room/dining room/kitchen "great room" feel conveniently floored throughout with vinyl plank flooring. New windows, pex water lines, raised/insulated floor, vinyl siding, shed at a price you can afford! Dock included. Lift can be purchased. Furnishings negotiable.

Last Listed By

Laurie Simonson

Sandelands Realty Listed on: 04/22/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,720

Year Built

  • Built in 1997

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 104x122x104x60
  • 104 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Additional Parcels

Home Design

  • Slab Foundation

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Space Heater
  • Propane
  • Private Water Source
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association
  • Wallings Wealthwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 361069500

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,720

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split, Wall Unit(s)
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 672
  • Water Body Name: Mille Lacs
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24X28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Exhaust Fan, Range, Refrigerator
  • Living Area: 672
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years
  • View: Lake, Panoramic, South
  • Other Structures: Storage Shed
  • Lake Acres: 128226
  • Lake Bottom: Hard,Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 104

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Space Heater
  • Sewer: Holding Tank, Private Sewer
  • Fuel: Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictNumber: 8001
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 104X122X104X60
  • Lot Size Sq Ft: 9147.6
  • Land Lease: No
  • Lot Features: Irregular Lot, Some Trees
  • Additional Parcels Description: 361069400
  • Additional Parcels: Yes
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 361069500
  • Tax Annual Amount: 1720
  • TaxWithAssessments: 1720.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
Jun 15, 2022
Sold by
Doffing Garett and Doffing Reese
Bought by
Fechter Michael
Seller's Agent
Laurie Simonson
Sandelands Realty
Buyer's Agent
Randall Cummings
Fish MLS Realty
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Total Days on Market
0
Current Estimated Value
$273,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,106
Avg. Annual Appreciation
-5.19%
Original Mortgage
$283,500
Outstanding Balance
$271,648
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
-$1,652

Purchase Details

Listed on
Nov 7, 2014
Closed on
Jan 22, 2016
Sold by
Miller Marlys Marlys
Bought by
Doffing Garett and Doffing Reese
Seller's Agent
Jeffrey Schlagel
Cummings Janzen Realty, Inc
Buyer's Agent
Andrew Crego
Grand Home Realty LLC
List Price
$175,000
Sold Price
$115,000
Premium/Discount to List
-$60,000
-34.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%
Original Mortgage
$115,000
Interest Rate
3.93%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fechter Michael $315,000 --
Doffing Garett $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fechter Michael $283,500
Previous Owner Doffing Garett $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2022 06/15/22 Sold $315,000 -3.0% $469 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $324,900 +182.5% $483 / Sq Ft
01/22/2016 01/22/16 Sold $115,000 -8.0% $128 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
10/30/2015 10/30/15 Price Changed $125,000 -7.4% $139 / Sq Ft
08/19/2015 08/19/15 Price Changed $135,000 -6.8% $150 / Sq Ft
07/22/2015 07/22/15 Price Changed $144,900 -3.3% $161 / Sq Ft
05/04/2015 05/04/15 Price Changed $149,900 -9.1% $167 / Sq Ft
03/31/2015 03/31/15 Price Changed $164,900 -5.8% $183 / Sq Ft
11/07/2014 11/07/14 For Sale $175,000 -- $194 / 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
2024 $928 $147,900 $90,100 $57,800
2023 $870 $177,500 $117,800 $59,700
2022 $828 $154,900 $101,600 $53,300
2021 $744 $113,900 $75,100 $38,800
2020 $728 $108,300 $71,600 $36,700
2019 $508 $101,700 $67,000 $34,700
2018 $470 $71,900 $65,300 $6,600
2017 $446 $67,100 $60,500 $6,600
2016 $442 $66,900 $60,500 $6,400
2014 $422 $66,800 $60,500 $6,300
2012 $5 $78,100 $67,800 $10,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in Aitkin, MN

  • 27564 Us Highway 169, Aitkin, MN 56431

    $299,000

    • 3 Beds
    • 2 Baths
    • 1,148 Sq Ft
    • 27564 Us Highway 169
    • Aitkin, MN

    3 bedroom, 2 bath house located on 12.26 wooded acres right off of Hwy 169! Beautiful property with lots of wildlife right out your backdoor. Enjoy the fenced in backyard and spacious deck- perfect for relaxing and entertaining. The siding, windows, and roof are all new. Sellers to install a brand new high efficiency furnace and water heater in the next 2 months. Currently there is boiler heat

    Sue Weitnauer Wits Realty

    Section Image
  • 36560 Deer St, Aitkin, MN 56431

    $225,000

    • 2 Beds
    • 1 Bath
    • 1,176 Sq Ft
    • 36560 Deer St
    • Aitkin, MN

    Escape the hustle and bustle of urban life with this charming 2-bedroom, 1-bath home nestled on nearly 3 serene acres. This property presents a perfect opportunity for those seeking tranquility in a picturesque country setting. The main level welcomes you with two comfortable bedrooms, ideal for restful nights, and a spacious living room that invites relaxation and gatherings. The eat-in kitchen

    Albie Kuschel Edina Realty, Inc.

    Section Image
  • 29957 436th Place, Aitkin, MN 56431

    $235,000

    • 2 Beds
    • 1 Bath
    • 980 Sq Ft
    • 29957 436th Place
    • Aitkin, MN

    Here is a unique and affordable opportunity to enjoy both Little Pine and Farm Island Lakes in Aitkin. This year around, 2-bedroom 1 full bath manufactured home sits on 3.68 private acres & has 423 feet of shoreline on 226-acre Little Pine Lake, which has direct access to 2,000+ acre Farm Island Lake. There is a pathway over the wetland all the way to the open water. Imagine all the year around

    Kay Hill Edina Realty, Inc.

    Section Image
  • 39297 318th Ln, Aitkin, MN 56431

    $308,900

    • 1 Bed
    • 1 Bath
    • 760 Sq Ft
    • 39297 318th Ln
    • Aitkin, MN

    Perfect lake retreat - this cute & very comfortable cabin come partially furnished and ready for your summer enjoyment. It sits on a little over 3 acres with lake frontage on both Ripple and Little Ripple Lakes. End of the road privacy and plenty of space for additional camp or RV sites. Beautiful view of Ripple on your own little peninsula. The cabin is pretty much maintenance free with newer

    Jared Lundgren RE/MAX Northland

    Section Image
  • 39608 Deer St, Aitkin, MN 56431

    $289,900

    • 4 Beds
    • 2.5 Baths
    • 1,608 Sq Ft
    • 39608 Deer St
    • Aitkin, MN

    Enjoy the perfect blend of country charm and modern convenience in this beautifully updated farmhouse, just minutes from Aitkin. Thoughtfully designed with exquisite attention to detail, this home features a fully renovated kitchen with new stainless-steel appliances. Major updates include a 4- year old compliant septic system, newer furnace, washer, dryer, as well as gutters. The plumbing and

    Preston Peters RE/MAX Results - Nisswa

    Section Image
  • 44408 334th Ln, Aitkin, MN 56431

    $339,000

    • 3 Beds
    • 2 Baths
    • 2,184 Sq Ft
    • 44408 334th Ln
    • Aitkin, MN

    Taylor Lake – 1 level living and handicap accessible in this 3-bedroom 2 bath country home. Large open living concept, offering a nicely appointed kitchen, combination living/dining room, south facing sunroom or use as a family room perfect for soaking in natural light and enjoying serene lake views, 3 large bedrooms, primary bathroom and a huge walk-in closet. Attached 2 stall insulated and

    Jessica Janzen Cummings Janzen Realty, Inc

    Section Image
  • 704 Black Rock Rd, Aitkin, MN 56431

    $339,900

    • 2 Beds
    • 2 Baths
    • 1,197 Sq Ft
    • 704 Black Rock Rd
    • Aitkin, MN

    One level living with a bright beautiful open floor plan. Ideally located on a quiet dead-end road near the edge town. This quiet neighborhood offers the prefect setting for a retirement couple or starter family! Built in 2023, this 2 bed, 2 bath home has all the modern conveniences within an easy to maintain footprint including a 2-car attached garage. Gorgeous centrally appointed kitchen with

    Jared Lundgren RE/MAX Northland

    Section Image
  • 34654 State Highway 47, Aitkin, MN 56431

    $299,000

    • 4 Beds
    • 1 Bath
    • 1,253 Sq Ft
    • 34654 State Highway 47
    • Aitkin, MN

    Recently updated 3 bedroom 1 bath home on 20 acres (13 acres woods). All amenities on 1 level with 3 additional bedrooms and storage in basement. A large yard provides ample space for family, pets, and wildlife. Two garages provide space for vehicles and storage with an additional carport staying with the property. Newer fully covered Chicken coop is also included with the property. There

    Robert Mason Sandelands Realty

    Section Image
  • 117 3rd St NE, Aitkin, MN 56431

    $209,900

    • 2 Beds
    • 1 Bath
    • 1,040 Sq Ft
    • 117 3rd St NE
    • Aitkin, MN

    Delightful 2-bedroom, 1-bath home in the heart of Aitkin. Recently renovated from the ground up with a new foundation, windows, flooring, wiring, and a fully updated bathroom. Step inside to a warm, inviting space featuring tongue-and-groove ceilings and stone accents in the open-concept living area, adding rustic charm and unique character. A cozy, stylish retreat ready to welcome you home.

    Chad Schwendeman eXp Realty

    Section Image

Source: NorthstarMLS

MLS Number: 6182898

NorthstarMLS

APN: 36-1-069500