NOT LISTED FOR SALE

43396 274th Ln Unit 16 Aitkin, MN 56431

Estimated Value: $368,000 - $455,000

3 Beds
1 Bath
1,210 Sq Ft
$331/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $395,000 $326 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,397/month

7 Days on Market

Highlights

  • 185 Feet of Waterfront
  • Lake View
  • The kitchen features windows
  • Beach Access
  • Deck
  • Porch

About This Home

As of May 2024

All the updates! Move-in ready. This custom built, authentic log cabin is nicely situated on .7 acres on "the big island" of famous Farm Island Lake. You can feel the history as you walk in the door! Rumor has it the logs were swam over by the original owner/builder who was a Navy Seal. Perfect floor plan with updated, open kitchen & living room w/ new gas stove & ductless mini-split. 2 bedrooms on the main level. The huge loft is the 3rd bedroom or use as extra living space. 3-season porch with washer & dryer tucked and the large screened in room. Large windows on all sides to enjoy the lake views & beautiful wooded lot. The islanders share the trails that go around the middle of the island - 3 times around & you've got your mile walk/run. This is a year-round dream vacation rental spot (income producing short-term rental since 2019) or use as a business/family retreat. Property includes a boat slip in the harbor & parking spaces. Don't miss this opportunity to become an islander!

Last Agent to Sell the Property

Jared Lundgren

RE/MAX Northland Listed on: 04/17/2024

RE/MAX Northland

Last Buyer's Agent

James Christensen

Kurilla Real Estate LTD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1980

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 185x285x80x310
  • 185 Feet of Waterfront
  • Lake Front
  • Additional Parcels

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,210 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Parking

  • Off-Site Parking
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Private Water Source
  • Sand Point Well
  • Well

Community Details

  • Association fees include ground maintenance, parking, trash, shared amenities, snow removal
  • Meg Hasbrouck Association, Phone Number (651) 770-6765
  • Farm Island Subdivision

Listing and Financial Details

  • Property Available on 12/31/69
  • Assessor Parcel Number 111123400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 1980

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split, Heat Pump
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Sand Point, Well
  • Fee Frequency: Annually
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1210
  • Water Body Name: Farm Island
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Range, Refrigerator
  • Fireplace Features: Gas, Living Room
  • Living Area: 1210
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Three Season Porch, Deck

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Metal
  • PoolFeatures: None
  • Fencing: None
  • View: West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Log
  • PatioPorchType: Deck,Porch,Screened
  • Lake Acres: 2025
  • Lake Bottom: Reeds,Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 185

Garage/Parking

  • Parking Features: Assigned, Off Site, Parking Lot
  • Garage Square Feet: 0

Utilities

  • Heating: Baseboard, Ductless Mini-Split, Fireplace(s), Heat Pump
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Parking, Trash, Shared Amenities, Snow Removal
  • Phone: 651-770-6765
  • Association Fee: 200
  • Association: Yes
  • Amenities Unit: Deck,Dock,Kitchen Window,Natural Woodwork,Porch,Panoramic View,Boat Slip,Vaulted Ceiling(s),Washer/Dryer Hookup

Association/Amenities

  • HOA Management Co: Meg Hasbrouck

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictNumber: 8001
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 185X285X80X310
  • Lot Size Sq Ft: 39291.12
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Island/Peninsula, Many Trees
  • Additional Parcels Description: 110013613
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log

Rental Info

  • Available Date: 1969-12-31

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 111123400
  • Tax Annual Amount: 1980
  • TaxWithAssessments: 1980.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2024
Closed on
May 30, 2024
Sold by
Eg & C Enterprises Llc
Bought by
Heighington James and Heighington David
Seller's Agent
Jared Lundgren
RE/MAX Northland
Buyer's Agent
James Christensen
Kurilla Real Estate LTD
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%
Views
57
Current Estimated Value
$399,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,982
Avg. Annual Appreciation
2.47%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Hill John P
Bought by
Eg & C Enterprises Llc

Purchase Details

Closed on
Jun 19, 2015
Sold by
Mckinley James James
Bought by
Hill John and Smith-Hill Tracy
Source: Public Records

Range of Values:

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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
Heighington James $395,000 --
Eg & C Enterprises Llc $201,000 --
Hill John $185,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $395,000 -1.2% $326 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $399,900 -- $330 / 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 $2,048 $330,300 $162,200 $168,100
2024 $1,980 $321,800 $162,200 $159,600
2023 $1,776 $308,600 $149,300 $159,300
2022 $1,354 $261,900 $129,900 $132,000
2021 $1,092 $178,200 $93,600 $84,600
2020 $1,058 $150,900 $70,100 $80,800
2019 $1,072 $140,200 $70,100 $70,100
2018 $950 $136,400 $70,100 $66,300
2017 $946 $123,500 $64,500 $59,000
2016 $890 $127,200 $64,500 $62,700
2014 $894 $123,400 $64,400 $59,000
2012 $9 $132,100 $68,400 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6520249

NorthstarMLS

APN: 11-1-123400