NOT LISTED FOR SALE

421 Morrison Lake Rd NE Outing, MN 56662

Estimated Value: $286,851 - $331,000

2 Beds
1 Bath
484 Sq Ft
$644/Sq Ft Est. Value

Last Sold June 25, 2024

Last sale price $284,900 $589 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,676/month

74 Days on Market

Highlights

  • 103 Feet of Waterfront
  • Loft
  • Living Room
  • New Construction
  • No HOA
  • Baseboard Heating

About This Home

As of June 2024

Finally, the Northwoods retreat you have been dreaming of is here. This exquisite Northern Minnesota get away is nestled among the pines with pristine lake shore. A brand new construction cabin with maintenance free siding and roof. Offering an efficient floor plan which sleeps six. The loft hosts two queen beds while the lower bedroom houses a third. The kitchen, bedroom, sitting area and bathroom all located on the main level. With almost an acre of land and 103 feet of lakeshore, this level lot gradually slopes into Morrison Lake. Centrally located in cabin country between Emily and Remer, just 8 minutes to Outing. Start with this smaller cabin and build your dream home in the future. Morrison lake has a very small cabin population, over 4000’ of the lakeshore remains undeveloped. Hiking, biking, ATV, hunting and fishing are just some of the endless possibilities this property has to offer.

Last Buyer's Agent

Mark Wingert

Realty ONE Group Choice

Realty ONE Group Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $392

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 103x460x105x400
  • 103 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Metal Siding

Interior Spaces

  • 484 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Loft
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Private Water Source

Community Details

  • No Home Owners Association
  • Built by MUNDFROM BUILDERS INC

Listing and Financial Details

  • Assessor Parcel Number 044250185

Home Details

Home Type

Single Family

Est. Annual Taxes

$392

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Private
  • Year Built: 2023
  • Above Grade Finished Sq Ft: 484
  • Water Body Name: Morrison
  • Unit Levels: One and One Half
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FireNumber: 421
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Living Area: 484
  • Basement YN: No
  • Dining Room Type: Living Room, Loft

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • View: Lake, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • Lake Bottom: Sand,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 103

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Baseboard
  • Sewer: Holding Tank
  • Electric: 200+ Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock,Porch

Schools

  • Junior High Dist: Northland Community Schools
  • SchoolDistrictPhone: 218-566-2351

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 103x460x105x400
  • Lot Size Sq Ft: 42688.8
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Builder License: 626308
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Engineered Wood, Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 044250185
  • Tax Annual Amount: 392
  • TaxWithAssessments: 392.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jun 25, 2024
Sold by
Grand Innovations Llc
Bought by
Victory Phillip
Buyer's Agent
Mark Wingert
Realty ONE Group Choice
List Price
$299,900
Sold Price
$284,900
Premium/Discount to List
-$15,000
-5%
Views
64
Current Estimated Value
$311,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,563
Avg. Annual Appreciation
5.77%
Original Mortgage
$227,920
Outstanding Balance
$225,250
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$86,213

Purchase Details

Closed on
Aug 25, 2023
Sold by
Roos June
Bought by
Grand Innovations Llc

Purchase Details

Closed on
Nov 17, 2014
Sold by
Roos Edward J and Roos June C
Bought by
Roos Edward J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Victory Phillip $284,900 --
Grand Innovations Llc $106,250 --
Roos Edward J -- None Available
Roos Edward J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victory Phillip $227,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $284,900 0.0% $589 / Sq Ft
05/15/2024 05/15/24 Price Changed $284,900 -5.0% $589 / Sq Ft
04/11/2024 04/11/24 For Sale $299,900 -- $620 / Sq Ft
Source: NorthstarMLS

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 $688 $151,200 $108,900 $42,300
2023 $392 $99,400 $99,400 $0
2022 $600 $99,400 $99,400 $0
2021 $616 $99,000 $99,000 $0
2020 $542 $99,000 $99,000 $0
2019 $566 $89,000 $89,000 $0
2018 $382 $59,900 $59,900 $0
2017 $378 $59,900 $59,900 $0
2016 $328 $0 $0 $0
2015 $328 $59,400 $59,400 $0
2014 $322 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6515234

NorthstarMLS

APN: 04-425-0185