$889,000
SOLD JUL 30, 2025

45207 281st Ln Aitkin, MN 56431

3 Beds
2 Baths
1,892 Sq Ft
0.54 Acres

Recently Sold

$470 Per Sq Ft

1% Below List Price

40 Days on Market

Highlights

  • 117 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Corner Lot
  • Lake View
  • Loft
  • No HOA

About This Home

As of July 2025

This is it! Recently built, classy waterfront home with one level living, no-through road privacy & gorgeous sandy shoreline on Farm Island Lake. Come see this beautiful open floor plan offering 3 bedrooms, 2 baths, plus a multipurpose loft which can be used as a family room, office or bedroom. Marble countertops, beautiful interior design, waterproof vinyl wood floors and a large stone fireplace all contribute to the magnificence of this maintenance free, turn-key home. Breathtaking lake views from the living room, dining room, kitchen, sunroom and spacious brick patio - makes the perfect setting for year-round enjoyment and family gatherings. In addition to the lovely shoreline, this meticulously landscaped property has apple trees & many beautiful perennials. There is an oversized detached 2-car garage for all your storage needs. Compliant septic and lot lines have been resolved. Home has an overall feeling of privacy & peacefulness. Don't wait, this place is one of a kind!!!

Last Agent to Sell the Property

Kimberly Baker

RE/MAX Northland Listed on: 06/12/2025

RE/MAX Northland

Co-Listed By

Jared Lundgren

RE/MAX Northland

Last Buyer's Agent

John Anderson

Twin Oaks Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 2017

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 120x286x115x224
  • 117 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,892 Sq Ft Home
  • 1.5-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Loft
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Drain
  • Crawl Space

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 070070100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 2017

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
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Private
  • Year Built: 2017
  • Above Grade Finished Sq Ft: 1892
  • Water Body Name: Farm Island
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 36x48
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space, Drain Tiled, Sump Pump
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Tankless Water Heater, Washer
  • Fireplace Features: Decorative, Gas, Living Room
  • Living Area: 1892
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Loft, Sun Room

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: None
  • View: East
  • Other Structures: Additional Garage
  • Lake Acres: 2025
  • Lake Bottom: Rocky,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 117

Garage/Parking

  • Parking Features: Detached, Concrete, Driveway - Other Surface
  • Garage Square Feet: 780
  • ParkingOpen: 3

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Patio,Satelite Dish,Tile Floors,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 120x286x115x224
  • Lot Size Sq Ft: 23522.4
  • Land Lease: No
  • Lot Features: Corner Lot, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Engineered Wood

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 070070100
  • Tax Annual Amount: 5000
  • TaxWithAssessments: 5000.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2025
Closed on
Jul 30, 2025
Sold by
Peterson William and Peterson Nadine
Bought by
Dioury Mohamed-Ali and Dioury Susan
Seller's Agent
Kimberly Baker
RE/MAX Northland
Buyer's Agent
John Anderson
Twin Oaks Realty, Inc
List Price
$899,000
Sold Price
$889,000
Premium/Discount to List
-$10,000
-1.11%
Views
250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$289,000
Outstanding Balance
$289,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$601,452
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 $889,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $289,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $889,000 -1.1% $470 / Sq Ft
07/22/2025 07/22/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $899,000 -- $475 / 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 $5,000 $812,700 $426,100 $386,600
2024 $4,574 $811,800 $426,100 $385,700
2023 $3,890 $770,300 $389,200 $381,100
2022 $3,694 $631,700 $313,300 $318,400
2021 $3,356 $483,000 $247,000 $236,000
2020 $3,302 $445,300 $229,800 $215,500
2019 $2,342 $418,900 $229,800 $189,100
2018 $2,346 $288,200 $229,800 $58,400
2017 $1,594 $288,900 $206,800 $82,100
2016 $1,568 $288,900 $206,800 $82,100
2014 $1,586 $288,100 $200,100 $88,000
2012 $16 $342,400 $243,400 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6737164

NorthstarMLS

APN: 07-0-070100