NOT LISTED FOR SALE

46300 Marin Bay Loop Perham, MN 56573

Estimated Value: $518,624 - $565,000

3 Beds
2.5 Baths
1,977 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 05, 2025

Last sale price $524,000 $265 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,301/month

15 Days on Market

Highlights

  • Radiant Floor
  • 2 Car Attached Garage
  • Living Room
  • Den
  • Patio
  • Laundry Room

About This Home

As of May 2025

CONDO ON BIG PINE LAKE. Highly sought after location and easy carefree living in Marin Bay Condo Association. Southern exposure from wall of windows that frame the picturesque sandy shores of Big Pine Lake, allowing loads of natural light into this spacious 2 bedroom (PLUS a den), 3 bath home. Main floor living, gas fireplace, vaulted T&G ceilings, upper family room along w second bedroom, den and bathroom for guests. Attached 2 stall garage, generous amount of storage and an additional shed on premise for all the lake life extras. This bright and upgraded residence is perfect for those seeking a comfortable and maintenance-free lifestyle amidst beautiful natural surroundings. Level lot walks out to sugar sand beach. Dock/boat slip included.

Last Agent to Sell the Property

Lisa Jasken

Re/Max Lakes Region Listed on: 03/18/2025

Re/Max Lakes Region

Last Buyer's Agent

Gene Anderson

Cormorant Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 2001

Lot Details

  • 1,568

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Property Attached
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,977 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shared Waterfront
  • Patio

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Shared Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Shared Septic

Additional Features

  • Air Exchanger
  • 1,568 Sq Ft Lot

Community Details

  • Association fees include dock, hazard insurance, lawn care, ground maintenance, trash, shared amenities, snow removal
  • Riversedge Development, Inc Association, Phone Number (233) 333-3333
  • Marin Bay Condo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12000990449000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 2001

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Two Unit
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Shared System
  • Fee Frequency: Monthly
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1977
  • Water Body Name: Big Pine
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 1977
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Dining Room, Foyer, Laundry, Bedroom 1, Bathroom, Bedroom 2, Den, Family Room

Beds/Baths

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

Exterior Features

  • Other Structures: Storage Shed
  • PatioPorchType: Patio
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Fireplace(s), Radiant Floor
  • Sewer: Shared Septic
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Trash, Shared Amenities, Snow Removal
  • Phone: 233-333-3333
  • Association Fee: 225
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Dock,Natural Woodwork,Boat Slip,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Riversedge Development, Inc

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: irr
  • Lot Size Sq Ft: 1568.16
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 12000990449000
  • Tax Annual Amount: 2942
  • TaxWithAssessments: 3022.0000

Multi Family

  • WaterfrontFeatures: Association Access, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 5, 2025
Sold by
Hanson Diane
Bought by
Kingsley Randal and Kingsley Rhonda
Seller's Agent
Lisa Jasken
Re/Max Lakes Region
Buyer's Agent
Gene Anderson
Cormorant Realty
List Price
$524,000
Sold Price
$524,000
Views
42
Current Estimated Value
$536,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,406
Avg. Annual Appreciation
3.98%
Original Mortgage
$336,800
Outstanding Balance
$335,612
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$200,794

Purchase Details

Closed on
May 31, 2022
Sold by
Krusemark Robert
Bought by
Hanson Richard and Hanson Diane
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
Kingsley Randal $524,000 --
Hanson Richard $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingsley Randal $336,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2025 05/05/25 Sold $524,000 0.0% $265 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $524,000 +74.7% $265 / Sq Ft
06/18/2012 06/18/12 Sold $300,000 -8.8% $152 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
02/19/2012 02/19/12 For Sale $329,000 -- $166 / 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 $3,178 $471,900 $167,000 $304,900
2024 $3,022 $479,800 $163,000 $316,800
2023 $2,678 $384,500 $135,200 $249,300
2022 $2,862 $267,800 $0 $0
2021 $3,032 $384,500 $135,200 $249,300
2020 $2,948 $325,100 $84,300 $240,800
2019 $2,728 $300,600 $81,400 $219,200
2018 $2,482 $300,600 $81,400 $219,200
2017 $2,462 $263,500 $72,700 $190,800
2016 $2,404 $249,600 $74,400 $175,200
2015 $2,172 $0 $0 $0
2014 -- $239,200 $69,200 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6686492

NorthstarMLS

APN: 12000990449000