M
Seller's Agent in 2022
Member Non
NON MEMBER FILE
40450 Sherbrooke Trail Pelican Rapids, MN 56572
Estimated Value: $514,000 - $604,000
3
Beds
2
Baths
2,440
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- 100 Feet of Waterfront
- Lake View
- No HOA
- Docks
- Deck
- Walk-In Closet
About This Home
As of October 2022SOUTH LIDA - Come and see the fabulous lake views over S Lida to Maplewood State Park! Full wall of glass on the lake side of this year round home, plus a lakeside deck the full width of the home where you can relax and enjoy the views! Large open living area with spacious island kitchen and gas fireplace in living room, 3 bedrooms and 2 baths, all on the main floor. Detached oversized 3-car garage. 100' frontage lot. Includes dock and boat lift and most furnishings.
Last Agent to Sell the Property
Member Non
NON MEMBER FILE Listed on: 08/31/2022
Last Buyer's Agent
Member Non
NON MEMBER FILE Listed on: 08/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,846
Year Built
- Built in 1975
Lot Details
- 0.71 Acre Lot
- Lot Dimensions are 100x304
- 100 Feet of Waterfront
Parking
- 3 Car Garage
Home Design
- Poured Concrete
- Asphalt Shingled Roof
- Vinyl Construction Material
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Gas Fireplace
- Living Room
- Lake Views
- Block Basement Construction
- Home Security System
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Docks
- Deck
Schools
- Pelican Rapids High School
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Private Water Source
- Well
- Private Sewer
Community Details
- No Home Owners Association
- South Lake Lida Home Subdivision
Listing and Financial Details
- Exclusions: Boat and trailer, JD riding mower and accessories, some fishing rods.
- Assessor Parcel Number 37000990943000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2022
Closed on
Oct 14, 2022
Sold by
Kouri John
Bought by
Hofsommer Lee and Hofsommer Anita
Seller's Agent
Member Non
NON MEMBER FILE
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,167
Avg. Annual Appreciation
4.47%
Original Mortgage
$400,000
Outstanding Balance
$383,875
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$186,292
Create a Home Valuation Report for This Property
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hofsommer Lee | $500,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hofsommer Lee | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Off Market | $500,000 | -- | -- |
| 10/14/2022 10/14/22 | Sold | $500,000 | +4.4% | $205 / Sq Ft |
| 09/06/2022 09/06/22 | Pending | -- | -- | -- |
| 09/01/2022 09/01/22 | For Sale | $479,000 | -- | $196 / Sq Ft |
Source: Fargo-Moorhead Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2025 | $3,372 | $532,700 | $283,800 | $248,900 |
| 2024 | $3,386 | $511,800 | $270,000 | $241,800 |
| 2023 | $3,460 | $458,500 | $244,600 | $213,900 |
| 2022 | $1,846 | $346,000 | $0 | $0 |
| 2021 | $1,710 | $458,500 | $244,600 | $213,900 |
| 2020 | $1,680 | $335,100 | $143,700 | $191,400 |
| 2019 | $1,580 | $320,400 | $145,000 | $175,400 |
| 2018 | $1,482 | $320,400 | $145,000 | $175,400 |
| 2017 | $2,588 | $309,900 | $146,100 | $163,800 |
| 2016 | $2,756 | $295,700 | $146,100 | $149,600 |
| 2015 | $2,688 | $0 | $0 | $0 |
| 2014 | -- | $293,100 | $146,100 | $147,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Fargo-Moorhead Area Association of REALTORS®
MLS Number: 7420957
APN: 37000990943000
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