NOT LISTED FOR SALE

402 Lake May Rd NW Walker, MN 56484

Estimated Value: $273,802 - $374,000

3 Beds
2.5 Baths
2,440 Sq Ft
$129/Sq Ft Est. Value

Last Sold April 16, 2012

Last sale price $95,000 $39 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,807/month

336 Days on Market

Highlights

  • 74 Feet of Waterfront
  • Patio
  • Combination Kitchen and Dining Room
  • Eat-In Kitchen
  • Forced Air Heating System
  • Access to stream, creek or river

About This Home

As of April 2012

3 BR, 3 BA home in Walker. Large spacious home with over 2400 sq ft of finished living space. Home features a walk out with views of Lake May Creek, large private master bedroom with full bathroom. (Owner/Agent)

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 05/16/2011

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 05/16/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • 1928

Lot Details

  • 0.25 Acre Lot
  • 74 Feet of Waterfront

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Access to stream, creek or river
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Oil

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

1928

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Patio
  • Estimated Number of Acres: 0.25
  • Construction: Previously Owned
  • Foundation Size: 1712
  • Projected Closed Date: 04/16/2012
  • Stories: 1.25 - 1.75 Story
  • Street Designation: Road
  • Taxes With Assessments: 1782
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1928

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Basement Features: Walkout
  • Basement Material: Concrete Block, Wood
  • Basement Style: Walk-out
  • Finished Above Grade Sq Ft: 1712
  • Below Grade Finished Sq Ft: 728
  • Total Fin Square Footage: 2440

Exterior Features

  • Exterior: Wood
  • Out Buildings: Storage Shed
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 74
  • Waterfront Description: Creek/Stream

Utilities

  • Fuel: Electric, Oil
  • Heat: Dual Fuel/Off Peak, Forced Air

Schools

  • School District: Walker-Hackensack-Akeley #113

Lot Info

  • Estimated Lot Dimensions: 148x78x95x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2020
Sold by
Marich Colby J and Marich Rayleen
Bought by
Hakari Debra
Current Estimated Value
$315,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,905
Outstanding Balance
$136,491
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$178,960

Purchase Details

Closed on
Nov 25, 2015
Sold by
Marich James H and Marich Barbara Colene
Bought by
Marich Colby J

Purchase Details

Listed on
May 16, 2011
Closed on
Apr 16, 2012
Sold by
Real Estate Options Land Company Llc
Bought by
Marich James H and Marich Barbara Colene
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$139,900
Sold Price
$95,000
Premium/Discount to List
-$44,900
-32.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$95,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Real Estate Options Land Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 3, 2010
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 22, 2010
Sold by
Thomsen Bradley A and Thomsen Brenda M
Bought by
Wells Fargo Bank Na
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
Hakari Debra $199,900 None Available
Marich Colby J $97,500 Leer Title
Marich James H $95,000 Leer Title Services
Real Estate Options Land Company Llc -- None Available
Federal Home Loan Mortgage Corp -- None Available
Wells Fargo Bank Na $83,448 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hakari Debra $189,905
Previous Owner Marich James H $95,000
Previous Owner Real Estate Options Land Company Llc $69,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2012 04/16/12 Sold $95,000 -32.1% $39 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
05/16/2011 05/16/11 For Sale $139,900 -- $57 / 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
2024 $1,838 $239,700 $9,900 $229,800
2023 $1,894 $216,100 $11,800 $204,300
2022 $1,640 $216,100 $11,800 $204,300
2021 $1,676 $158,200 $11,800 $146,400
2020 $1,502 $160,000 $11,800 $148,200
2019 $1,456 $135,400 $11,800 $123,600
2018 $1,266 $118,600 $9,900 $108,700
2017 $1,284 $118,600 $9,900 $108,700
2016 $1,292 $0 $0 $0
2015 $1,292 $121,700 $9,900 $111,800
2014 $1,102 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4134325

REALTOR® Association of Southern Minnesota

APN: 96-375-0093