NOT LISTED FOR SALE

38775 491st Ln Palisade, MN 56469

Estimated Value: $429,500 - $447,000

5 Beds
2.5 Baths
2,160 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $425,000 $197 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,360/month

15 Days on Market

Highlights

  • 871,200 Sq Ft lot
  • No HOA
  • 2 Car Attached Garage
  • Radiant Floor
  • The kitchen features windows
  • Patio

About This Home

As of July 2023

Privacy and the beauty of nature – this property is what dreams are made of! Nothing has been overlooked with the love and care this home has had–it is like new, updated from top to bottom! This 5 bedroom, 3 bath, one level home is situated on 20 stunning acres with walking/ATV trails throughout. You are moments from thousands of acres of State land, ATV/snowmobile trails and the beautiful Round Lake public access and swimming beach. From the moment you arrive you will see many of the features you will enjoy with everything in like new condition right down to the roof, driveway, sidewalks and stamped patio. Walk the impeccable grounds then step inside to your spacious open concept, one level living with cozy in-floor heat, remodeled kitchen, owner’s suite, bathrooms, new appliances, new boiler, on demand hot water, new doors, paint, whole house generator, fiber optic internet and more. MUST SEE the property highlight sheet. Better hurry – you don’t want to miss out on this one!

Last Agent to Sell the Property

Rodney Sparks

Woods & Shores Real Estate, Inc. Listed on: 06/06/2023

Co-Listed By

Kathy Sparks

Woods & Shores Real Estate, Inc.

Last Buyer's Agent

Paula Broten-Piskel

MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,324

Year Built

  • Built in 1993

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 647x1323x656x1318
  • Street terminates at a dead end
  • Unpaved Streets
  • Many Trees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Pitched Roof
  • Cedar

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • No Interior Steps

Outdoor Features

  • Patio
  • Breezeway

Utilities

  • No Cooling
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener is Owned
  • Fuel Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 350034002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,324

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: No Stairs Internal
  • Water Source: Drilled, Private, Well
  • Year Built: 1993
  • Above Grade Finished Sq Ft: 2160
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Fuel Tank - Rented, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • Living Area: 2160
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Breezeway, Foyer, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry

Beds/Baths

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

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio

Garage/Parking

  • Parking Features: Attached Garage, Asphalt

Utilities

  • Heating: Hot Water, Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Tile Floors,Washer/Dryer Hookup

Schools

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

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 647x1323x656x1318
  • Lot Size Sq Ft: 871200
  • 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: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 350034002
  • Tax Annual Amount: 1324
  • TaxWithAssessments: 1324.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 19, 2023
Sold by
Babbitt David and Kedrowski-Babbitt Judy
Bought by
Gray Todd and Gray Wendy
Seller's Agent
Rodney Sparks
Woods & Shores Real Estate, Inc.
Buyer's Agent
Paula Broten-Piskel
MOVE IT REAL ESTATE GROUP/LAKEHOMES.COM
List Price
$429,000
Sold Price
$425,000
Premium/Discount to List
-$4,000
-0.93%
Views
36
Current Estimated Value
$438,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,250
Avg. Annual Appreciation
1.24%
Original Mortgage
$316,970
Outstanding Balance
$309,296
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$128,954

Purchase Details

Closed on
Nov 17, 2017
Sold by
Olesen Todd A and Olesen Sharon J
Bought by
Babbitt David and Kedrowski Judy
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Gray Todd $425,000 --
Babbitt David $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Todd $316,970
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $425,000 -0.9% $197 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $429,000 +0.9% $199 / Sq Ft
06/13/2023 06/13/23 Off Market $425,000 -- --
06/06/2023 06/06/23 For Sale $429,000 -- $199 / 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 $1,090 $326,300 $91,800 $234,500
2024 $1,282 $317,600 $91,700 $225,900
2023 $1,324 $301,200 $75,300 $225,900
2022 $1,354 $290,100 $64,600 $225,500
2021 $1,324 $230,100 $49,300 $180,800
2020 $1,240 $235,500 $50,300 $185,200
2019 $1,054 $216,900 $50,600 $166,300
2018 $986 $188,200 $49,900 $138,300
2017 $826 $181,500 $51,700 $129,800
2016 $872 $181,700 $51,900 $129,800
2014 $842 $188,500 $51,300 $137,200
2012 $8 $210,800 $55,300 $155,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6382937

NorthstarMLS

APN: 35-0-034002