NOT LISTED FOR SALE

38588 State Highway 47 Aitkin, MN 56431

Estimated Value: $234,000 - $390,000

3 Beds
1 Bath
1,064 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $204,216 $192 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,651/month

31 Days on Market

Highlights

  • 206 Feet of Waterfront
  • No HOA
  • Living Room
  • 1,611,720 Sq Ft lot
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of June 2023

This is an Auction Property being. The Auction will take place on May 5th at 11:00 AM. What a wonderful opportunity to own this 3 bedroom 1 bath home in the heart of Aitkin County and minutes from town. This property features 37 excellent acres. Full of wildlife and close to many popular and great fishing lakes with the snowmobile trail close by. Excellent family home, hunting property or weekend getaway with many outdoor amenities. Terms: $20,000 down non refundable certified earnest money check due the day of auction, accompanied with a bank letter showing proof of funds. The property is being sold as is which includes but not limited to the condition of the home or outbuildings, the sewer system, the well or any property lines. The closing will take place 30-45 days from the auction date. There will be a 4% buyer’s premium added to the final bid.

Last Listed By

Jeremy Janzen

Cummings Janzen Realty, Inc Listed on: 04/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1955

Lot Details

  • 37 Acre Lot
  • Lot Dimensions are 1320x1320
  • 206 Feet of Waterfront

Parking

  • 2 Car Garage

Interior Spaces

  • 1,064 Sq Ft Home
  • 1-Story Property
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 310057101

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,182

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Well
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 1064
  • Water Body Name: Rose Lake (Hobart Twp.)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x38
  • Special Features: Auction
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Sump Pump
  • Appliances: Dryer, Range, Refrigerator, Washer
  • Living Area: 1064
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years
  • Other Structures: Storage Shed
  • Lake Acres: 1200
  • LakeChain: N
  • Waterfront Frontage: 206

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 672

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - No, Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Oil
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1320x1320
  • Lot Size Sq Ft: 1611720
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Assessor Parcel Number: 310057101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2023
Closed on
Jun 19, 2023
Sold by
Okeson Virginia and Okeson Scott
Bought by
Baker Joseph
Seller's Agent
Jeremy Janzen
Cummings Janzen Realty, Inc
Buyer's Agent
Kimberly Baker
RE/MAX Northland
List Price
$1
Sold Price
$204,216
Premium/Discount to List
$204,215
20421500%
Total Days on Market
31
Views
212
Current Estimated Value
$279,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,700
Avg. Annual Appreciation
18.26%
Original Mortgage
$184,216
Outstanding Balance
$180,447
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$99,469

Range of Values:

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Average Value
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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
Baker Joseph $204,216 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baker Joseph $184,216
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $204,216 +4084220.0% $192 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/17/2023 04/17/23 Price Changed $5 +400.0% $0 / Sq Ft
04/03/2023 04/03/23 For Sale $1 -- $0 / 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 $1,182 $222,800 $85,700 $137,100
2023 $1,658 $200,700 $63,600 $137,100
2022 $1,170 $268,200 $146,900 $121,300
2021 $1,026 $205,500 $113,300 $92,200
2020 $1,122 $195,000 $116,000 $79,000
2019 $1,056 $197,000 $118,900 $78,100
2018 $1,080 $188,700 $116,200 $72,500
2017 $936 $194,500 $122,600 $71,900
2016 $994 $197,100 $125,200 $71,900
2014 $824 $183,300 $115,900 $67,400
2012 $8 $213,800 $142,300 $71,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6350348

NorthstarMLS

APN: 31-0-057101