$295,000
SOLD NOV 13, 2023

40994 County Highway 56 Frazee, MN 56544

2 Beds
2 Baths
1,620 Sq Ft
7.58 Acres

Recently Sold

$182 Per Sq Ft

10% Below List Price

89 Days on Market

Highlights

  • 250 Feet of Waterfront
  • Storage Room
  • Forced Air Heating System
  • No HOA
  • 1-Story Property
  • Family Room

About This Home

As of June 2024

This property is a paradise for nature enthusiasts and outdoor lovers. The 250 feet of shoreline allows direct access to the pristine waters of the smaller lake, inviting you to enjoy swimming, fishing, kayaking, or simply basking in the sun on a private dock. The surrounding 7.58 acres of land provide ample space for hiking trails, picnics, and exploring the wonders of the north woods. For those seeking tranquility and seclusion, this property offers the perfect escape from the hustle and bustle of everyday life. Embrace the harmony of the north woods and relish the opportunity to disconnect. The home features 2 bedrooms and 2 bathrooms with room in the lower level for a third bdr. The walkout basement allows easy access to the lake and natural sunlight. to brighten your day. New metal gutters and downspouts just added!

Last Agent to Sell the Property

Eric Lundmark

Counselor Realty Detroit Lakes Listed on: 07/20/2023

Last Buyer's Agent

Jay Schurman

Re/Max Lakes Region

Re/Max Lakes Region

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1995

Lot Details

  • 7.58 Acre Lot
  • Lot Dimensions are 250x1339
  • 250 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Free Standing Fireplace
  • Family Room
  • Living Room with Fireplace
  • Storage Room
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 150155001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: Partially Wheelchair
  • Fireplaces: 1
  • Water Source: Well
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 980
  • Water Body Name: South Twin Lake (03018200)
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x35
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Sump Pump, Walkout
  • Fireplace Features: Free Standing, Living Room
  • Living Area: 1620
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 640
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Laundry, Family Room, Utility Room, Storage

Beds/Baths

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

Exterior Features

  • Roof: Metal
  • View: North, West
  • Lake Acres: 150
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 250

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 576

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 250x1339
  • Lot Size Sq Ft: 330184.8
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 150155001
  • Tax Annual Amount: 2376
  • TaxWithAssessments: 2436.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Jun 3, 2024
Sold by
Matson John P
Bought by
Naseth Scott and Naseth Janell
Seller's Agent
Jay Schurman
Re/Max Lakes Region
Buyer's Agent
Eric Lundmark
Counselor Realty Detroit Lakes
List Price
$324,900
Sold Price
$310,500
Premium/Discount to List
-$14,400
-4.43%
Views
126
Current Estimated Value
$338,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,689
Avg. Annual Appreciation
6.07%

Purchase Details

Listed on
Jul 20, 2023
Closed on
Nov 13, 2023
Sold by
Brinster Lawrence N and Brinster Linda K
Bought by
Matson John P
Seller's Agent
Eric Lundmark
Counselor Realty Detroit Lakes
Buyer's Agent
Jay Schurman
Re/Max Lakes Region
List Price
$327,500
Sold Price
$295,000
Premium/Discount to List
-$32,500
-9.92%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%

Purchase Details

Closed on
Feb 7, 2019
Sold by
Hauglid Judith R
Bought by
Brinster Lawrence N and Brinster Linda K
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 Type Sale Price Title Company
Warranty Deed $310,500 Title Team
Warranty Deed $295,000 Title Team
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $310,500 -4.4% $192 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $324,900 +10.1% $201 / Sq Ft
11/13/2023 11/13/23 Sold $295,000 -1.7% $182 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $300,000 -8.4% $185 / Sq Ft
07/20/2023 07/20/23 For Sale $327,500 -- $202 / 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 $2,032 $351,100 $141,800 $209,300
2024 $2,194 $361,100 $140,600 $220,500
2023 $2,194 $347,300 $140,600 $206,700
2022 $2,194 $280,700 $120,800 $159,900
2021 $1,986 $277,200 $120,800 $156,400
2020 $1,868 $277,200 $120,800 $156,400
2019 $1,850 $249,600 $120,800 $128,800
2018 $1,770 $242,300 $120,800 $121,500
2017 $2,152 $217,600 $107,500 $110,100
2016 $2,004 $244,500 $107,500 $137,000
2015 $1,994 $222,200 $107,400 $114,800
2014 -- $218,300 $107,400 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6405266

NorthstarMLS

APN: R150155001