NOT LISTED FOR SALE

42577 Long Lake Rd Ottertail, MN 56571

Estimated Value: $329,000 - $421,000

3 Beds
2 Baths
1,512 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $295,000 $195 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,239/month

59 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Beach Access
  • Living Room
  • Perham Senior High School Rated A-
  • No HOA
  • Parking Storage or Cabinetry

About This Home

As of October 2022

OTTER TAIL RIVER! 3 bedroom 2 bath with open floor plan. The kitchen features an island cabinet, hardwood floors and 2 skylights. The dining/living area is loaded with river-side glass and also has hardwood flooring. The Owner's suite has a private bath and large walk-in closet. Impressive wrap-around deck...covered on 2 sides. Oversized 2-stall garage (30'x28'), 14'x18' shop and 12'x16' shed. You can launch your boat from this lot and motor or paddle to Otter Tail Lake or north to the Rush Lake Bridge! And only a 2 mile drive to Ottertail City...all on blacktop!

Last Listed By

Vaun Bruhn

New Horizons Realty Of Perham Listed on: 07/12/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,614

Year Built

  • Built in 2002

Lot Details

  • 0.77 Acre Lot
  • Lot Dimensions are 125x273x125x253
  • 125 Feet of Waterfront
  • River Front

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association
  • Echo Ranch Riviera 7Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 46000990812000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,614

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Drilled, Private
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1512
  • Water Body Name: Otter Tail River
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 27x56
  • FireNumber: 42577
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Living Area: 1512
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Primary Bathroom, Bathroom, Laundry

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Metal
  • View: River
  • Other Structures: Workshop, Storage Shed
  • Lake Acres: 0
  • LakeChain: N
  • Waterfront Frontage: 125

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener, Storage
  • Garage Square Feet: 840

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Fuel: Propane
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictNumber: 549
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 125x273x125x253
  • Lot Size Sq Ft: 33454.08
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 46000990812000
  • Tax Annual Amount: 1614
  • TaxWithAssessments: 1684.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Oct 7, 2022
Sold by
Estate Of Ronald David Peterson Sr
Bought by
Pearson Russell and Peterson Kelly
Seller's Agent
Vaun Bruhn
New Horizons Realty Of Perham
Buyer's Agent
Randall Kennedy
Boll Realty
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Total Days on Market
59
Current Estimated Value
$378,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,271
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Aug 2, 2019
Closed on
Jun 1, 2020
Sold by
Jennings Teddy Teddy
Bought by
Peterson Ronald Ronald
Seller's Agent
Stephen Sweere
eXp Realty
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$239,900
Sold Price
$230,000
Premium/Discount to List
-$9,900
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$229,500
Interest Rate
3.15%

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 Buyer Sale Price Title Company
Pearson Russell $295,000 --
Peterson Ronald Ronald $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Ronald Ronald $229,500
Previous Owner Jennings Ted $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $295,000 -9.2% $195 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $325,000 +41.3% $215 / Sq Ft
06/01/2020 06/01/20 Sold $230,000 -4.1% $152 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
08/02/2019 08/02/19 For Sale $239,900 -- $159 / 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 $1,706 $307,000 $128,400 $178,600
2023 $1,516 $233,600 $99,800 $133,800
2022 $1,684 $151,600 $0 $0
2021 $1,644 $233,600 $99,800 $133,800
2020 $506 $202,700 $85,100 $117,600
2019 $160 $160,500 $85,100 $75,400
2018 $160 $160,500 $85,100 $75,400
2017 $55 $161,600 $86,500 $75,100
2016 $43 $155,500 $86,500 $69,000
2015 $43 $0 $0 $0
2014 -- $159,000 $86,500 $72,500
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6232156

NorthstarMLS

APN: 46000990812000