40198 Basswood Ln Pelican Rapids, MN 56572
2
Beds
1
Bath
891
Sq Ft
0.53
Acres
Highlights
- 130 Feet of Waterfront
- No HOA
- 1-Story Property
- Beach Access
- Living Room
- Baseboard Heating
About This Home
As of July 2025Welcome to your serene seasonal escape on the shores of South Lida Lake. This 2-bedroom, 1-bath lake cabin is full of rustic charm and nestled second to the end of a quiet dead-end road, offering privacy and breathtaking panoramic views of both the water and Maplewood State Park! Enjoy peaceful mornings on the deck overlooking the lake, lazy afternoons by the shore, and starlit evenings surrounded by nature. The cabin exudes classic up-north character with cozy living spaces, and large windows that bring the outdoors in. South Lida connects directly to North Lida, giving you access to even more boating, fishing, and exploring.
Last Agent to Sell the Property
Keller Williams Realty Professionals Listed on: 06/18/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,929
Year Built
- Built in 1937
Lot Details
- 0.53 Acre Lot
- Lot Dimensions are 130x176.5
- 130 Feet of Waterfront
- Lake Front
- Additional Parcels
Home Design
- Architectural Shingle Roof
Interior Spaces
- 891 Sq Ft Home
- 1-Story Property
- Living Room
- Crawl Space
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Outdoor Features
- Beach Access
Utilities
- Baseboard Heating
- 100 Amp Service
- Sand Point Well
Community Details
- No Home Owners Association
- Olsons Maplewood Lida Bch 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 37000990511000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2025
Closed on
Jul 25, 2025
Sold by
Hendrickx Jacob and Hendrickx Amelinda
Bought by
Leichty Jeremy and Leichty Amanda
Seller's Agent
Brandon Lambert
Keller Williams Realty Professionals
Buyer's Agent
Mike Carlson
RE/MAX Advantage Plus
List Price
$349,900
Sold Price
$329,000
Premium/Discount to List
-$20,900
-5.97%
Views
51
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
93.90%
Purchase Details
Closed on
Oct 9, 2020
Sold by
Cooper Michelle Michelle
Bought by
Hendrickx Jacob Jacob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.87%
Similar Homes in Pelican Rapids, MN
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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 | $329,000 | -- | |
| Deed | $195,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | -- | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/25/2025 07/25/25 | Sold | $329,000 | -6.0% | $369 / Sq Ft |
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $349,900 | -- | $393 / 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 |
|---|---|---|---|---|
| 2024 | $1,362 | $200,300 | $152,200 | $48,100 |
| 2023 | $1,278 | $164,200 | $136,600 | $27,600 |
| 2022 | $1,054 | $127,800 | $0 | $0 |
| 2021 | $892 | $164,200 | $136,600 | $27,600 |
| 2020 | $920 | $98,600 | $78,800 | $19,800 |
| 2019 | $956 | $100,800 | $82,100 | $18,700 |
| 2018 | $938 | $100,800 | $82,100 | $18,700 |
| 2017 | $922 | $99,800 | $82,100 | $17,700 |
| 2016 | $866 | $96,900 | $82,100 | $14,800 |
| 2015 | $852 | $0 | $0 | $0 |
| 2014 | -- | $96,700 | $82,100 | $14,600 |
Source: Public Records
Agents Affiliated with this Home
-
Brandon Lambert
B
Seller's Agent in 2025
Brandon Lambert
Keller Williams Realty Professionals
(218) 731-2711
90 Total Sales
-
Mike Carlson
Buyer's Agent in 2025
Mike Carlson
RE/MAX Advantage Plus
(218) 850-7146
144 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6740193
APN: 37000990511000
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