$265,000
SOLD SEP 23, 2020

4512 Krollman Point Rd Orr, MN 55771

2 Beds
2 Baths
787 Sq Ft
6 Acres

Recently Sold

$337 Per Sq Ft

34% Below List Price

746 Days on Market

About This Home

As of September 2020

Private, end of the road year-round home on the South side of Pelican Lake. The cedar T&G interior, wrap around deck, open floor plan, gas log fireplace, 1.5 bathrooms and 2 main floor bedrooms are what you would like in a lake home. Oh, and did we mention the view! Walkout basement is unfinished giving you plenty of room for expansion. Comes pre-plumbed for 3rd bath. The 6.02-acre, level, wooded property comes with a detached 2 car garage and walking path out to the end of your peninsula for fishing or possibly a duck blind. Comes furnished and includes two boat lifts and dock. Property has been surveyed and could be split if new owner chooses.

Last Agent to Sell the Property

Raymond Ingebretsen

Re/Max Lake Country License #40744576 Listed on: 07/05/2018

Re/Max Lake Country

Last Buyer's Agent

Raymond Ingebretsen

Re/Max Lake Country License #40744576 Listed on: 07/05/2018

Re/Max Lake Country

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2018
Closed on
Sep 23, 2020
Sold by
Olson David and Olson Family Living Trust
Bought by
Metsa Jacob and Song Janet
Seller's Agent
Raymond Ingebretsen
Re/Max Lake Country
Buyer's Agent
Raymond Ingebretsen
Re/Max Lake Country
List Price
$400,000
Sold Price
$265,000
Premium/Discount to List
-$135,000
-33.75%
Total Days on Market
746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$235,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Sold by
Olson Floyd R and Olson Edith C
Bought by
Olson Floyd R and Olson Edith C
Source: Public Records

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Range of Values:

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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
Deed $265,000 All American Title
Interfamily Deed Transfer -- --
Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,000 New Conventional
Closed $265,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 For Sale $515,000 +94.3% $385 / Sq Ft
09/23/2020 09/23/20 Sold $265,000 -11.1% $337 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $298,000 -14.4% $379 / Sq Ft
08/26/2019 08/26/19 Price Changed $348,000 -0.6% $442 / Sq Ft
06/06/2019 06/06/19 Price Changed $350,000 -12.5% $445 / Sq Ft
07/05/2018 07/05/18 For Sale $400,000 -- $508 / Sq Ft
Source: Range Association of REALTORS®

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
2023 $5,172 $504,800 $363,300 $141,500
2022 $4,204 $415,800 $299,600 $116,200
2021 $4,386 $346,600 $251,900 $94,700
2020 $4,714 $358,700 $260,100 $98,600
2019 $4,582 $377,300 $273,100 $104,200
2018 $4,668 $371,700 $273,100 $98,600
2017 $4,730 $371,800 $273,200 $98,600
2016 $4,840 $371,800 $273,200 $98,600
2015 $4,908 $370,900 $272,300 $98,600
2014 $4,908 $370,900 $272,300 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 135111

Range Association of REALTORS®

APN: 425003000395