NOT LISTED FOR SALE

4562 Tee Rd Cushing, MN 56443

Estimated Value: $590,510 - $660,000

3 Beds
2.5 Baths
1,415 Sq Ft
$442/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $490,000 $346 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,912/month

9 Days on Market

Highlights

  • 106 Feet of Waterfront
  • Beach Access
  • 1 Fireplace
  • Dock Facilities
  • Deck
  • No HOA

About This Home

As of October 2022

Finally, rare to find, premier lake property on Lake Alexander. Level to gradual lake shore for easy access. Hard sand bottom, West view, spectacular sunsets. Enjoy the serenity of watching sunsets from your private home coupled with abundant wildlife and a Peaceful location. Incredible trophy fishing, Two restaurants - a BOAT Drive away. Close to Pine Ridge Golf Course and Steak House. Quiet location on Cul-de-sac. Mature trees, spacious lot. A must see.

Last Listed By

John Fritsche

Edina Realty, Inc. Listed on: 09/06/2022

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1950

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 106x238x103x247
  • 106 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,415 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Living Room
  • Crawl Space

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Beach Access
  • Dock Facilities
  • Deck

Utilities

  • Forced Air Heating System
  • Propane
  • Well

Community Details

  • No Home Owners Association
  • 1St To L Wood Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291372000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 1
  • Accessibility Features: Hallways 42"+
  • Fireplaces: 1
  • Water Source: Well
  • Association Amenities: Dock
  • Fee Frequency: N/A
  • Year Built: 1950
  • Above Grade Finished Sq Ft: 1415
  • Water Body Name: Alexander
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 1415
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Mud Room, Deck
  • SqFtTotal: 280.00

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • View: Lake, West
  • Other Structures: Storage Shed
  • Lake Acres: 2708
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 106

Garage/Parking

  • Parking Features: Attached Garage, Gravel
  • Garage Square Feet: 386
  • Garage Door Height: 7

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),Deck,Dock,Kitchen Window,Primary Bedroom Walk-In Closet

Schools

  • Junior High Dist: Staples-Motley
  • SchoolDistrictNumber: 2170
  • SchoolDistrictPhone: 218-894-2430

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 106x238x103x247
  • Lot Size Sq Ft: 22651.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 291372000
  • Tax Annual Amount: 2035
  • TaxWithAssessments: 2073.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 5, 2022
Sold by
Wenner John H and Wenner Joan M
Bought by
Pearson Samuel C and Pearson Kelly M
Seller's Agent
John Fritsche
Edina Realty, Inc.
Buyer's Agent
Randa Haug
eXp Realty
List Price
$484,900
Sold Price
$490,000
Premium/Discount to List
$5,100
1.05%
Total Days on Market
9
Current Estimated Value
$625,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,628
Avg. Annual Appreciation
9.93%
Original Mortgage
$343,000
Outstanding Balance
$331,909
Interest Rate
5.55%
Mortgage Type
Balloon
Estimated Equity
$293,719

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 Samuel C $490,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pearson Samuel C $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $490,000 +1.1% $346 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $484,900 0.0% $343 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $484,900 -- $343 / 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 $5,120 $575,000 $219,000 $356,000
2023 $4,132 $536,400 $195,400 $341,000
2022 $4,146 $399,100 $195,400 $203,700
2021 $3,328 $343,500 $195,400 $148,100
2020 $3,392 $959,600 $586,200 $373,400
2019 $3,222 $331,500 $195,400 $136,100
2018 $3,378 $296,600 $195,400 $101,200
2017 $3,364 $296,600 $195,400 $101,200
2016 $3,216 $0 $0 $0
2014 $3,466 $0 $0 $0
2013 $3,466 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: 6257119

NorthstarMLS

APN: 29.1372.000