NOT LISTED FOR SALE

40425 Pequot Dr Browerville, MN 56438

Estimated Value: $149,000 - $244,757

6 Beds
3 Baths
3,300 Sq Ft
$56/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $149,900 $45 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,155/month

28 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Beach
  • Heated In Ground Pool
  • Dock Facilities
  • Second Kitchen
  • Corner Lot

About This Home

As of October 2024

Come check out the Sylvan Shores Association, this versatile six-bedroom, three-bath home offers an exceptional opportunity for dual living or rental income. The property features two full kitchens, separate laundry facilities, and individual entrances for the upper and lower levels, connected by a locking stairway. This setup is perfect for use as a duplex rental or for the new owner to live in one unit while renting out the other. Enjoy the association's amenities, including a beach, tennis and volleyball courts, clubhouse, community dock, and pool. With a bit of sweat equity, this home represents excellent value in a waterfront community.

Last Agent to Sell the Property

Chad Schwendeman

eXp Realty Brokerage Phone: 218-831-4663 Listed on: 08/12/2024

eXp Realty

Co-Listed By

Jeff Isom

eXp Realty Brokerage Phone: 218-831-4663

Last Buyer's Agent

Kerby Skurat

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1960

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 180x238x211x232
  • 75 Feet of Waterfront
  • Corner Lot
  • Many Trees
  • Zoning described as Residential-Multi-Family,Residential-Single Family

HOA Fees

  • $22 Monthly HOA Fees

Home Design

  • Wood Foundation
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Second Kitchen
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Heated In Ground Pool
  • Dock Facilities

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 080049400

Community Details

Overview

  • Association fees include beach access, shared amenities
  • Sylvan Shores Association, Phone Number (218) 894-1065

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,090

Year Built

Built in 1960

Lot Details

0

HOA Fees

$22 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
  • Association Amenities: Beach, Dock, Tennis Court(s), Unspecified
  • Fee Frequency: Annually
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 2050
  • Water Body Name: Fawn
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable,Fiber Optic
  • Second Unit: Easily Divided
  • Attribution Contact: 218-831-4663
  • Attribution Contact: 218-831-4663
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Partial, Walkout, Wood
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Living Area: 3300
  • Below Grade Finished Sq Ft: 1250
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Kitchen- 2nd
  • Shared Rooms: Amusement/Party Room,Club House,Community Room,Play Area

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: Below Ground, Heated, Outdoor Pool, Shared
  • Fencing: None
  • ConstructionMaterialsDesc: Block,Concrete,Frame
  • PatioPorchType: Covered,Enclosed
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Dual, Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Shared Amenities
  • Phone: 218-894-1065
  • Association Fee: 265
  • Association: Yes
  • Amenities Unit: Kitchen Window,Natural Woodwork,Porch

Association/Amenities

  • HOA Management Co: Sylvan Shores

Schools

  • Junior High Dist: Staples-Motley
  • SchoolDistrictPhone: 218-894-2430

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 180x238x211x232
  • Lot Size Sq Ft: 47044.8
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 080049400
  • Tax Annual Amount: 2090
  • TaxWithAssessments: 2090.0000

Multi Family

  • WaterfrontFeatures: Association Access

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 18, 2024
Sold by
Hodge John
Bought by
Testa Dominic
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$149,900
Sold Price
$149,900
Views
76
Current Estimated Value
$183,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,039
Avg. Annual Appreciation
20.05%
Original Mortgage
$149,900
Outstanding Balance
$148,324
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$35,615

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 1, 2024
Sold by
Florence V Heim Revocable Trust and Clarence J Heim Revocable Trust
Bought by
Hodge John H
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$149,900
Sold Price
$149,900
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Outstanding Balance
$148,324
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$35,615

Purchase Details

Listed on
Aug 12, 2024
Closed on
Sep 19, 2024
Sold by
Mock Hodge Patricia and Hodge Patricia M
Bought by
Hodge John H
Seller's Agent
Chad Schwendeman
eXp Realty
Buyer's Agent
Kerby Skurat
RE/MAX Results
List Price
$149,900
Sold Price
$149,900
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Outstanding Balance
$148,324
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$35,615
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Testa Dominic $149,900 --
Hodge John H $500 Hometown Abstract
Hodge John H $500 Hometown Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa Dominic $149,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $149,900 0.0% $45 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $149,900 -- $45 / 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 $1,976 $229,900 $26,600 $203,300
2024 $2,090 $232,300 $26,600 $205,700
2023 $2,140 $225,000 $24,700 $200,300
2022 $2,308 $210,900 $24,700 $186,200
2021 $1,616 $193,700 $24,700 $169,000
2020 $1,324 $166,000 $21,700 $144,300
2019 $1,540 $138,500 $21,700 $116,800
2018 $1,266 $148,800 $21,700 $127,100
2017 $1,876 $124,700 $21,700 $103,000
2016 $1,188 $121,900 $21,700 $100,200
2015 $1,122 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6574196

NorthstarMLS

APN: 08-0049400