NOT LISTED FOR SALE

40505 Mary Lake Rd Emily, MN 56447

Estimated Value: $731,000 - $914,629

1 Bed
2 Baths
3,182 Sq Ft
$262/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $725,000 $228 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,185/month

Highlights

  • New Construction
  • No HOA
  • 1-Story Property

About This Home

As of April 2023

This home is located at 40505 Mary Lake Rd, Emily, MN 56447 since 28 April 2023 and is currently estimated at $833,907, approximately $262 per square foot. 40505 Mary Lake Rd is a home located in Crow Wing County with nearby schools including Cuyuna Range Elementary School, Crosby-Ironton Secondary School, and Cornerstone Christian School.

Last Buyer's Agent

Trevor Houn

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,976

Lot Details

  • 1.49

Home Design

  • New Construction

Bedrooms and Bathrooms

  • 1 Bedroom

Additional Features

  • 1-Story Property
  • 1.49 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 740303204ABA889

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,976

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement YN: No

Beds/Baths

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Crosby-Ironton
  • SchoolDistrictNumber: 182
  • SchoolDistrictPhone: 218-545-8801

Lot Info

  • Lot Size Sq Ft: 64904.4
  • Land Lease: No
  • Additional Parcels: No
  • ResoLotSizeUnits: Acres
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 740303204ABA889
  • Tax Annual Amount: 3976
  • TaxWithAssessments: 3976.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Apr 28, 2023
Sold by
Gottwalt Eugene and Gottwalt Cynthia
Bought by
Waterfront Rentals Llc
Buyer's Agent
Trevor Houn
RE/MAX Advantage Plus
Sold Price
$725,000
Current Estimated Value
$871,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,119
Avg. Annual Appreciation
10.15%
Original Mortgage
$718,000
Outstanding Balance
$701,716
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$202,019

Purchase Details

Closed on
May 15, 2014
Sold by
Findlay Keith Keith
Bought by
Gottwalt Eugene and Gottwalt Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,500
Interest Rate
4.41%

Purchase Details

Closed on
May 1, 2014
Sold by
Findlay Keith and Findlay Kathleen
Bought by
Gottwalt Eugene and Gottwalt Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,500
Interest Rate
4.41%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Findlay Keith and Findlay Kathleen
Bought by
Nagorski Jean and Nagorski Terrence

Purchase Details

Closed on
Feb 1, 2004
Sold by
Findlay Keith and Findlay Kathleen
Bought by
Hatlestad David and Hatlestad Aimee
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
Waterfront Rentals Llc $725,000 --
Gottwalt Eugene $477,500 --
Gottwalt Eugene $477,500 --
Nagorski Jean $190,000 --
Hatlestad David $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterfront Rentals Llc $718,000
Previous Owner Gottwalt Eugene $477,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $725,000 -- $228 / 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
2024 $4,974 $725,900 $295,800 $430,100
2023 $5,298 $679,200 $263,600 $415,600
2022 $3,976 $677,200 $239,700 $437,500
2021 $3,742 $452,000 $187,500 $264,500
2020 $3,880 $407,800 $157,900 $249,900
2019 $3,812 $407,800 $157,200 $250,600
2018 $3,766 $394,400 $147,200 $247,200
2017 $3,712 $390,900 $147,200 $243,700
2016 $3,900 $389,500 $157,700 $231,800
2015 $3,518 $338,400 $123,000 $215,400
2014 $1,697 $342,100 $126,500 $215,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6364367

NorthstarMLS

APN: 740303204ABA889