NOT LISTED FOR SALE

44637 296th Ln Aitkin, MN 56431

Estimated Value: $410,000 - $491,000

2 Beds
1 Bath
515 Sq Ft
$858/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $418,000 $812 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,486/month

7 Days on Market

Highlights

  • 260 Feet of Waterfront
  • Deck
  • The kitchen features windows
  • Lake View
  • No HOA
  • Living Room

About This Home

As of June 2023

A Rare & Beautiful find on FARM ISLAND LAKE! This is your one-in-a-million property ... the opportunity to own a beautifully 260 ft waterfront lot with over an acre of gorgeous panoramic views on one of the area's premier fishing and recreational lakes. Enjoy year-round family fun mixed with the perfect amount of up-north relaxation. This property boasts 1.2 wooded acres of privacy with a neighbor on only one side. It has two adorable dwellings that are fully functional and move-in ready. The cabin has been completed remodeled including new foundation, windows, insulation, flooring...everything but the studs. The Park Model offers 3 additional bedrooms (2 are lofted) and a second functioning bathroom. Septic and well onsite. Dock included in the sale. RV hook-up is powering the 2004 Breckenridge Park Model which has forced-air heat (propane tanks).
This property is now Pending.

Last Agent to Sell the Property

Kimberly Baker

RE/MAX Northland Listed on: 05/31/2023

RE/MAX Northland

Co-Listed By

Jared Lundgren

RE/MAX Northland

Last Buyer's Agent

Kimberly Baker

RE/MAX Northland Listed on: 05/31/2023

RE/MAX Northland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built

  • Built in 1955

Lot Details

  • 1.22 Acre Lot
  • Lot Dimensions are 260x144x265x196
  • 260 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Unpaved Streets
  • Many Trees
  • Zoning described as Shoreline,Residential-Single Family

Home Design

  • Pitched Roof
  • Wood Siding

Interior Spaces

  • 515 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 071101300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built

Built in 1955

Lot Details

1.22 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1955
  • Above Grade Finished Sq Ft: 515
  • Water Body Name: Farm Island
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, Other
  • Appliances: Range, Refrigerator
  • Living Area: 515
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Deck

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • View: East, Lake
  • PatioPorchType: Deck
  • Lake Bottom: Hard,Reeds,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 260

Garage/Parking

  • Parking Features: Driveway - Other Surface, Open

Utilities

  • Heating: Other, Radiant
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Window,Natural Woodwork

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 260x144x265x196
  • Lot Size Sq Ft: 53143.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 071101300
  • Tax Annual Amount: 1398
  • TaxWithAssessments: 1398.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 26, 2023
Sold by
Rolseth Eric and Rolseth Amy
Bought by
Lynch Richard and Lynch Barbara
Seller's Agent
Kimberly Baker
RE/MAX Northland
Buyer's Agent
Kimberly Baker
RE/MAX Northland
Sold Price
$418,000
Current Estimated Value
$441,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,842
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
Dec 22, 2017
Sold by
Verness Duane G
Bought by
Rolseth Eric and Rolseth Amy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lynch Richard $418,000 --
Rolseth Eric $197,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $418,000 -- $812 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
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
2025 $1,930 $343,900 $230,000 $113,900
2024 $1,474 $348,500 $230,000 $118,500
2023 $1,398 $276,000 $210,900 $65,100
2022 $1,458 $245,000 $186,500 $58,500
2021 $1,328 $196,500 $147,600 $48,900
2020 $1,172 $182,400 $137,800 $44,600
2019 $1,230 $155,300 $137,800 $17,500
2018 $1,100 $156,400 $137,800 $18,600
2017 $1,116 $141,300 $124,700 $16,600
2016 $1,124 $148,000 $131,400 $16,600
2014 $1,204 $158,900 $135,300 $23,600
2012 $13 $189,900 $163,400 $26,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6378723

NorthstarMLS

APN: 07-1-101300

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