NOT LISTED FOR SALE

40289 237th Ln Aitkin, MN 56431

Estimated Value: $396,000 - $427,265

2 Beds
1 Bath
1,170 Sq Ft
$353/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $390,000 $333 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,300/month

4 Days on Market

Highlights

  • 100 Feet of Waterfront
  • No HOA
  • 1-Story Property
  • Beach Access
  • Stainless Steel Appliances
  • Forced Air Heating System

About This Home

As of June 2023

Single-level-living lakehome with 100 ft of lakeshore on a private road, spectacular panoramic lake views, level elevation, private boat launch, vaulted ceilings, floor to ceiling stone fireplace, plenty of storage space in the basement, detached 2-stall garage, newer well and compliant septic on one of the best fishing & recreational lakes in the state. Sale includes a really nice dock.

Last Agent to Sell the Property

Timothy Schepers

Park Street Realty, LLC Listed on: 05/24/2023

Last Buyer's Agent

Kelsey Jensen

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1954

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 104x179x102x166
  • 100 Feet of Waterfront
  • Lake Front
  • Unpaved Streets
  • Additional Parcels

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Pitched Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Stone Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Sump Pump
  • Basement Storage

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Pleasant View Ridge Second Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111106300

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1954

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1954
  • Above Grade Finished Sq Ft: 1170
  • Water Body Name: Mille Lacs
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space, Sump Pump, Unfinished
  • Appliances: Dryer, Fuel Tank - Rented, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 1170
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • PoolFeatures: None
  • Fencing: None
  • View: Panoramic, South
  • ConstructionMaterialsDesc: Block
  • Lake Acres: 128226
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 576

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Private Sewer, Septic System Compliant - Yes
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Main Floor Primary Bedroom,Patio,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictNumber: 8001
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 104x179x102x166
  • Lot Size Sq Ft: 16988.4
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 111106100
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 111106300
  • Tax Annual Amount: 2042
  • TaxWithAssessments: 2042.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 30, 2023
Sold by
Rainer Phillip
Bought by
Moeller Roger and Moeller Amie
Seller's Agent
Timothy Schepers
Park Street Realty, LLC
Buyer's Agent
Kelsey Jensen
eXp Realty
List Price
$369,900
Sold Price
$390,000
Premium/Discount to List
$20,100
5.43%
Views
51
Current Estimated Value
$412,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,566
Avg. Annual Appreciation
-1.10%
Original Mortgage
$290,000
Outstanding Balance
$283,163
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$97,271

Purchase Details

Closed on
Dec 16, 2015
Sold by
Cobb Fred Fred
Bought by
Rainer Susan and Rainer Phillip

Purchase Details

Closed on
Jul 1, 2006
Bought by
Cobb Fred A
Source: Public Records

Range of Values:

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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
Moeller Roger $390,000 --
Rainer Susan $209,000 --
Cobb Fred A $244,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moeller Roger $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $390,000 +5.4% $333 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $369,900 -- $316 / 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 $1,464 $296,400 $136,500 $159,900
2024 $1,276 $270,700 $118,800 $151,900
2023 $1,400 $297,700 $145,700 $152,000
2022 $1,392 $252,200 $125,400 $126,800
2021 $1,284 $183,000 $94,900 $88,100
2020 $1,238 $175,400 $91,300 $84,100
2019 $1,202 $162,100 $86,500 $75,600
2018 $1,146 $151,700 $84,800 $66,900
2017 $1,044 $146,600 $79,700 $66,900
2016 $1,026 $139,000 $79,700 $59,300
2014 $1,006 $137,500 $81,700 $55,800
2012 $10 $149,600 $90,300 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374155

NorthstarMLS

APN: 11-1-106300