NOT LISTED FOR SALE

401 Lakeshore Dr Big Lake, MN 55309

Estimated Value: $458,000 - $534,000

3 Beds
2.5 Baths
2,084 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 06, 2012

Last sale price $135,000 $65 Per Sq Ft

Est. 270% increase in value since last sale

Current estimated payment $3,200/month

77 Days on Market

Highlights

  • Lake Front
  • Docks
  • Wood Flooring
  • Big Lake Senior High School Rated 9+
  • Vaulted Ceiling
  • Breakfast Area or Nook

About This Home

As of April 2012

Approximately 80 feet of owned lakeshore! This home comes with a new roof and deluxe water heater installed in 2011. Don?????t miss out on this one-best deal on Big Lake!

Last Agent to Sell the Property

John Albert

Bridge Realty, LLC Listed on: 12/06/2011

Last Buyer's Agent

Kale Hassan

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,946

Year Built

  • 1950

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 92x249x78
  • Lake Front
  • Fenced Yard
  • Landscaped with Trees

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Docks
  • Patio
  • Storage Shed
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace Humidifier
  • Baseboard Heating

Community Details

  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,946

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Washer/Dryer Hookups
  • Amenities Exterior: Dock, Driveway - Concrete, Fenced Yard - Full, Porch
  • Estimated Number of Acres: 0.28
  • Construction: Previously Owned
  • Foundation Size: 1583
  • Mechanicals: Furnace Humidifier
  • Stories: 1 Story
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Breakfast Nook, Combine with Living Room, Eat-In Kitchen
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 3
  • Bathroom Description: 1/2 Basement, Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x13, On Level: Main
  • Room 2: Dining Room, 13x9, On Level: Main
  • Room 3: Family Room, 24x13, On Level: Lower
  • Room 4: Kitchen, 13x9, On Level: Main
  • Room 5: Bedroom, 13x11, On Level: Main
  • Room 6: Bedroom, 10x11, On Level: Main
  • Room 7: 8x8, On Level: Main
  • Room 9: Other, 13x9, On Level: Lower
  • Room 10: 4 Season Porch, 29x11, On Level: Main
  • Room 11: Den/Office, 7x10, On Level: Main
  • Basement Features: Egress Windows, Finished
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1583
  • Below Grade Finished Sq Ft: 501
  • Total Fin Square Footage: 2084

Exterior Features

  • Frontage Road: City, Curb/Gutters, Paved, Sidewalk
  • LakeAcres: 254
  • Exterior: Metal
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Baseboard, Forced Air

Condo/Co-op/Association

  • Shared: Patio, Porch

Lot Info

  • Estimated Lot Dimensions: 92x249x78
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2011
Closed on
Apr 6, 2012
Sold by
Thielges Michael and Thielges Irene
Bought by
Fowler Joseph J and Fowler Melissa J
Seller's Agent
John Albert
Bridge Realty, LLC
Buyer's Agent
Kale Hassan
Coldwell Banker Burnet
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$499,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,762
Avg. Annual Appreciation
10.06%
Original Mortgage
$121,500
Outstanding Balance
$83,961
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$415,801

Purchase Details

Closed on
Oct 26, 1998
Sold by
Cheesebrough Juanita
Bought by
Pegg Jack D and Pegg Lois M
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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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
Fowler Joseph J $135,000 Midwest Preffered Title Llc
Pegg Jack D $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Joseph J $121,500
Closed Pegg Jack D --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $135,000 -9.9% $65 / Sq Ft
02/21/2012 02/21/12 Pending -- -- --
12/06/2011 12/06/11 For Sale $149,900 -- $72 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $6,946 $546,000 $253,200 $292,800
2024 $6,604 $546,200 $253,200 $293,000
2023 $5,888 $534,700 $246,800 $287,900
2022 $4,742 $464,800 $193,100 $271,700
2020 $4,586 $311,600 $99,100 $212,500
2019 $4,120 $298,400 $93,000 $205,400
2018 $4,008 $267,100 $81,700 $185,400
2017 $3,590 $250,600 $77,900 $172,700
2016 $3,368 $220,100 $74,400 $145,700
2015 $2,504 $191,100 $66,800 $124,300
2014 $2,080 $149,100 $50,800 $98,300
2013 -- $117,400 $47,800 $69,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4092422

REALTOR® Association of Southern Minnesota

APN: 65-423-0405