NOT LISTED FOR SALE

40305 303rd Ln Aitkin, MN 56431

Estimated Value: $505,000 - $599,000

4 Beds
3 Baths
3,240 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 12, 2012

Last sale price $265,000 $82 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,155/month

339 Days on Market

Highlights

  • Lake Front
  • 7.69 Acre Lot
  • Pole Barn
  • Stables
  • Deck
  • Breakfast Area or Nook

About This Home

As of July 2012

Here's a fantastic opportunity on Spirit Lake. Once offered as a lake home, NOW ADDING an extra lake lot & out lot with (2) pole buildings/box stalls. 257ft of excellent level shoreline. Grand style colonial home w/many upgrades. Endless opportunitities!

Last Agent to Sell the Property

William Haroldson

Edina Realty, Inc. Listed on: 08/08/2011

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,794

Year Built

  • 1964

Lot Details

  • 7.69 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Irregular Lot
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Metal Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Fireplace
  • Formal Dining Room
  • Tile Flooring
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Patio
  • Pole Barn
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Sewer

Additional Features

  • Machine Shed
  • Stables

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 071105600

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,794

Year Built

1964

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork, Tiled Floors, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Concrete, Driveway - Gravel, Patio
  • Estimated Number of Acres: 7.69
  • Construction: Previously Owned
  • Foundation Size: 1668
  • Parcel Number: 071105600
  • Potential Short Sale: Yes
  • Stories: 2 Story
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Room 1: Living Room, 17x15, On Level: Main
  • Room 2: Dining Room, 12x14, On Level: Main
  • Room 3: Family Room, 20x14, On Level: Main
  • Room 4: Kitchen, 16x16, On Level: Main
  • Room 5: Bedroom, 19x15, On Level: Upper
  • Room 6: Bedroom, 12x13, On Level: Upper
  • Room 7: 17x13, On Level: Upper
  • Room 8: Bedroom, 13x12, On Level: Upper
  • Room 9: Den/Office, 13x12, On Level: Upper
  • Room 10: Den/Office, 16x16, On Level: Main
  • Room 11: Laundry Room, 12.5x8, On Level: Main
  • Room 12: Foyer, 10x12, On Level: Main
  • Room 13: Storage Room, 28x46, On Level: Upper
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 3240
  • Total Fin Square Footage: 3240

Exterior Features

  • Frontage Road: County, Unpaved
  • LakeAcres: 523.6
  • Soil Type: Loam
  • Exterior: Metal, Wood
  • Out Buildings: Machine Shed, Pole Building, Stable, Storage Shed
  • Roof: Metal
  • Waterfront: Yes
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private

Lot Info

  • Estimated Lot Dimensions: 136x 4 PID
  • Lot/Land Description: Irregular Lot, Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2011
Closed on
Jul 1, 2012
Bought by
Holmes John S and Holmes Linda L
Seller's Agent
William Haroldson
Edina Realty, Inc.
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$429,900
Sold Price
$265,000
Premium/Discount to List
-$164,900
-38.36%
Current Estimated Value
$555,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,565
Avg. Annual Appreciation
5.72%
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
Holmes John S $265,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2012 07/12/12 Sold $265,000 -38.4% $82 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
08/08/2011 08/08/11 For Sale $429,900 -- $133 / 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 $2,794 $544,200 $254,200 $290,000
2024 $2,596 $500,800 $254,200 $246,600
2023 $2,282 $479,500 $232,900 $246,600
2022 $2,414 $394,000 $186,500 $207,500
2021 $2,188 $319,000 $148,000 $171,000
2020 $2,122 $293,900 $137,100 $156,800
2019 $2,138 $272,700 $131,700 $141,000
2018 $2,012 $264,100 $131,700 $132,400
2017 $1,958 $249,300 $131,700 $117,600
2016 $2,188 $250,600 $133,000 $117,600
2014 $2,160 $275,600 $148,700 $126,900
2012 $23 $330,200 $162,600 $167,600
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2012

    William Haroldson

    Edina Realty, Inc.

  • R

    Buyer's Agent in 2012

    RASM STAFF

    Coldwell Banker Burnet

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4067945

REALTOR® Association of Southern Minnesota

APN: 07-1-105600

Minnesota Aitkin County Aitkin 56431

40305 303rd Ln, Aitkin, MN

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