NOT LISTED FOR SALE

45944 S Shell Lake Rd Osage, MN 56570

Estimated Value: $416,000 - $2,300,196

5 Beds
3.5 Baths
3,029 Sq Ft
$448/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $2,300,000 $759 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $8,425/month

598 Days on Market

Highlights

  • 2,000 Feet of Waterfront
  • No HOA
  • Living Room
  • 30,160,944 Sq Ft lot
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of August 2022

I'd like to welcome you to view this elite Minnesota property located in the heart of lakes country. When you are done watching the video and looking at the pictures come back and read the write up as I can only hope my description can live up to what this property truly is.

This property is extremely unique in the fact that it offers up everything a property in this state could possibly offer up. From the 3000+ sq foot home, to the private lake, to the lake 2000+ feet of lake frontage on a public lake to the mature hardwoods, to the open fields, to the low ground bedding areas, to the extensive trail system, to the flowing creek that connects the lakes, you name it this property has it. The home is nestled among the towering pines on the east end of Dumbbell Lake. It is very well maintained and is the perfect size for family and guests. (See Supplemental)

Last Listed By

Jason Ziegler

Whitetail Properties Real Esta Listed on: 11/30/2020

Whitetail Properties Real Esta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,876

Year Built

  • Built in 1951

Lot Details

  • 692.4 Acre Lot
  • 2,000 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R280143000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,876

Year Built

Built in 1951

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
  • Water Source: Private
  • Year Built: 1951
  • Above Grade Finished Sq Ft: 1933
  • Water Body Name: Shell
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Living Area: 3029
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1096
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 3029.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Lake Acres: 3147
  • LakeChain: N
  • Waterfront Frontage: 2000

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 692.4 Acres
  • Lot Size Sq Ft: 30160944
  • Land Lease: No
  • Additional Parcels Description: 280141000,280136000
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: R280143000
  • Tax Annual Amount: 7876
  • TaxWithAssessments: 7876.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Aug 30, 2022
Sold by
Gessell Lyle M and Gessell Jane S
Bought by
Hansen Irving R and Hansen Amy M
Seller's Agent
Jason Ziegler
Whitetail Properties Real Esta
Buyer's Agent
Jason Ziegler
Whitetail Properties Real Esta
List Price
$2,500,000
Sold Price
$2,300,000
Premium/Discount to List
-$200,000
-8%
Total Days on Market
598
Current Estimated Value
$1,358,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$941,902
Avg. Annual Appreciation
-17.91%

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
Hansen Irving R $2,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gessell Lyle M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $2,300,000 0.0% $759 / Sq Ft
04/23/2022 04/23/22 Off Market $2,300,000 -- --
11/29/2020 11/29/20 For Sale $2,500,000 -- $825 / 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 $10,318 $2,060,100 $1,233,400 $826,700
2023 $8,604 $1,826,600 $1,120,700 $705,900
2022 $7,610 $1,396,100 $873,300 $522,800
2021 $7,000 $1,361,300 $860,200 $501,100
2020 $6,492 $1,361,300 $860,200 $501,100
2019 $6,730 $1,220,100 $789,300 $430,800
2018 $7,556 $1,206,100 $769,200 $436,900
2017 $7,704 $1,182,500 $692,600 $489,900
2016 $7,086 $1,162,500 $692,600 $469,900
2015 $7,198 $1,116,600 $752,800 $363,800
2014 -- $1,076,000 $731,000 $345,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 5689431

NorthstarMLS

APN: R280143000