NOT LISTED FOR SALE

401 Lake St S Frazee, MN 56544

Estimated Value: $171,000 - $205,000

4 Beds
1.5 Baths
1,809 Sq Ft
$103/Sq Ft Est. Value

Last Sold February 05, 2024

Last sale price $35,088 $19 Per Sq Ft

Est. 430% increase in value since last sale

Current estimated payment $1,297/month

15 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1-Story Property

About This Home

As of February 2024

Discover this historic home built in 1928, offering 4 bedrooms and 2 bathrooms on a spacious city lot in Frazee, MN. This property boasts charming features including a fireplace, radiant heat, and ample space spread across 1809 sq ft. Enjoy outdoor living with a deck, patio, and porch perfect for relaxation. Please note, while no interior access will be granted due to condition, this presents an opportunity for your creative touch. Frazee, known for its close-knit community and scenic surroundings, offers a warm and welcoming atmosphere, providing residents with a delightful place to call home.

Last Agent to Sell the Property

Daniel Pflugshaupt

Gallery of Homes Brokerage Phone: 218-839-7700 Listed on: 12/21/2023

Last Buyer's Agent

DuWayne Jepson

The August Agency, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 0.27

Parking

  • 2 Car Garage

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 0.27 Acre Lot
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • John Neuner 2 Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500290000

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Year Built: 1928
  • Above Grade Finished Sq Ft: 1809
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 1064
  • Attribution Contact: 218-839-7700
  • Attribution Contact: 218-839-7700
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Fireplace Features: Gas
  • Living Area: 1809
  • Fireplace: Yes
  • Basement YN: Yes
  • SqFtTotal: 2873.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 572

Utilities

  • Heating: Radiant
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Patio,Porch

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: .27 acres
  • Lot Size Sq Ft: 11761.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Stucco

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 500290000
  • Tax Annual Amount: 1818
  • TaxWithAssessments: 1818.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Jan 17, 2024
Sold by
Jp Morgan Mtg Acquisition Co
Bought by
Jepson Duwayne
Seller's Agent
Daniel Pflugshaupt
Gallery of Homes
Buyer's Agent
DuWayne Jepson
The August Agency, LLC
List Price
$28,900
Sold Price
$35,088
Premium/Discount to List
$6,188
21.41%
Views
102
Current Estimated Value
$185,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,907
Avg. Annual Appreciation
175.77%

Purchase Details

Closed on
Sep 29, 2022
Sold by
Brown Chad R
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Jun 3, 2008
Sold by
Brown Chad
Bought by
Brown Chad and Brown Frank Tami

Purchase Details

Closed on
Jul 6, 2007
Sold by
Mickelson Wayne C and Mickelson Becky
Bought by
Brown Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,085
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2007
Sold by
Wothe Alan C and Wothe Kathryn J
Bought by
Mickelson Wayne and Mickelson Ross
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jepson Duwayne $35,088 None Listed On Document
Jpmorgan Chase Bank Na $109,889 --
Brown Chad -- Minnesota Title & Closing Co
Brown Chad $116,751 Minnesota Title & Closing Co
Mickelson Wayne $100,000 Minnesota Title & Closing Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Chad $119,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $35,088 +21.4% $19 / Sq Ft
01/06/2024 01/06/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $28,900 -- $16 / 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 $3,726 $161,100 $11,800 $149,300
2024 $3,818 $175,600 $11,800 $163,800
2023 $1,818 $158,100 $11,800 $146,300
2022 $1,842 $148,500 $14,000 $134,500
2021 $476 $139,500 $14,000 $125,500
2020 $488 $139,500 $14,000 $125,500
2019 $502 $139,600 $14,000 $125,600
2018 $516 $114,700 $12,700 $102,000
2017 $40 $125,400 $12,700 $112,700
2016 $40 $114,500 $12,700 $101,800
2015 $26 $111,700 $11,500 $100,200
2014 -- $108,200 $11,500 $96,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6470607

NorthstarMLS

APN: R500290000