40135 321st Ln Aitkin, MN 56431
3
Beds
1.5
Baths
1,728
Sq Ft
2.41
Acres
Highlights
- 100 Feet of Waterfront
- 105,154 Sq Ft lot
- No HOA
- Beach Access
- Main Floor Primary Bedroom
- The kitchen features windows
About This Home
As of July 2025Welcome to this idyllic, authentic and charming original 1900 homestead, very unique and special legacy property on Hanging Kettle lake! Originally a farmhouse, this hand planed log interior 2 story, 3
bedroom, 2 bath features 1728 FSF and breathtaking charm and unknown history on 2.4 acres! Original hardwoods in FR, added lakeside metal roof porch and frontside metal roof porch and deck. Original Barn and a well house located near newly built Sherman pole garage for all the toys. Central air added. 4th BDRM off kitchen is non-conforming. Being sold "AS IS". 100' shoreline. Hanging Kettle lake is on the Ripple River system and connects to Diamond lake, then Ripple and Elm Island lakes. Great fishing lake! Beautiful pond views in front. Sellers have loved and cherished this special property. Tons of parking and space for family gatherings, reunions & more! 5 Minutes from town, Block North Brew Pub, shopping, hospital, etc. and 20 min to Crosby, 35 min to Brainerd lakes area.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,232
Year Built
- Built in 1900
Lot Details
- 2.41 Acre Lot
- Lot Dimensions are 286x332x70x161
- 100 Feet of Waterfront
- Lake Front
Parking
- 2 Car Garage
Home Design
- Pitched Roof
- Metal Roof
Interior Spaces
- 1,728 Sq Ft Home
- 2-Story Property
- Living Room
- Utility Room
- Crawl Space
Kitchen
- Range
- Microwave
- Wine Cooler
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Septic System
Community Details
- No Home Owners Association
- Nestruds Sunset Acres Subdivision
Listing and Financial Details
- Assessor Parcel Number 071131702
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 5, 2025
Closed on
Jul 28, 2025
Sold by
Quinehan Kelly and Quinehan Craig
Bought by
Gallagan Amy
Seller's Agent
Kelly Quinehan
Keller Williams Classic Realty
Buyer's Agent
Phillip Stanley
RE/MAX Northland
List Price
$480,000
Sold Price
$485,000
Premium/Discount to List
$5,000
1.04%
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.62%
Original Mortgage
$332,078
Outstanding Balance
$332,078
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$125,909
Purchase Details
Closed on
Jun 30, 2016
Sold by
Ringdahl Mark Mark
Bought by
Quinehan Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
3.58%
Purchase Details
Closed on
Apr 1, 2009
Bought by
Ringdahl Mark and Ringdahl Janine
Similar Homes in Aitkin, MN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $485,000 | -- | |
| Deed | $189,500 | -- | |
| Warranty Deed | $225,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $332,078 | New Conventional | |
| Previous Owner | $161,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Sold | $485,000 | 0.0% | $281 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | Off Market | $485,000 | -- | -- |
| 06/23/2025 06/23/25 | Price Changed | $465,000 | -1.1% | $269 / Sq Ft |
| 05/27/2025 05/27/25 | Price Changed | $470,000 | -2.1% | $272 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $480,000 | -- | $278 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $2,232 | $429,300 | $225,800 | $203,500 |
| 2024 | $1,974 | $401,700 | $225,700 | $176,000 |
| 2023 | $1,682 | $366,600 | $216,100 | $150,500 |
| 2022 | $1,784 | $292,900 | $167,300 | $125,600 |
| 2021 | $1,620 | $238,200 | $139,400 | $98,800 |
| 2020 | $1,592 | $220,400 | $129,500 | $90,900 |
| 2019 | $1,584 | $207,200 | $129,500 | $77,700 |
| 2018 | $1,472 | $198,300 | $124,600 | $73,700 |
| 2017 | $1,424 | $185,500 | $119,700 | $65,800 |
| 2016 | $1,500 | $185,500 | $119,700 | $65,800 |
| 2014 | $1,456 | $189,600 | $127,300 | $62,300 |
| 2012 | $14 | $199,700 | $138,700 | $61,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Quinehan
K
Seller's Agent in 2025
Kelly Quinehan
Keller Williams Classic Realty
(612) 991-7513
1 in this area
8 Total Sales
-
Phillip Stanley
P
Buyer's Agent in 2025
Phillip Stanley
RE/MAX
(218) 838-5280
3 in this area
12 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6715288
APN: 07-1-131702
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