NOT LISTED FOR SALE

46912 County Highway 31 Pelican Rapids, MN 56572

Estimated Value: $714,000 - $1,164,000

3 Beds
2 Baths
1,680 Sq Ft
$540/Sq Ft Est. Value

Last Sold June 17, 2014

Last sale price $350,000 $208 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $5,173/month

28 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 17.74 Acre Lot
  • Deck
  • Heated Floors
  • Open Floorplan
  • Vaulted Ceiling

About This Home

As of June 2014

FRANLIN LAKE FRONTAGE - 17+ acres and 300+' frontage on beautiful Franklin Lake. Neat and clean, like new 3+ bedroom, 2+ bath home, built in 2009. Open floor plan with island kitchen, living room with fabulous lake views, full unfinished basement w/ egress windows for 2 bdrms, plumbed for bath, and space for large family room. Attached finished 2-car garage + 36 x 48 Foltz building w/cement floor.

Last Agent to Sell the Property

Barb Backstrom

Coldwell Banker Preferred Partners Listed on: 04/03/2014

Last Buyer's Agent

Barb Backstrom

Coldwell Banker Preferred Partners Listed on: 04/03/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,496

Year Built

  • Built in 2009

Lot Details

  • 17.74 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Combination Kitchen and Dining Room
  • Heated Floors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom Rough-In
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 17000350407003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,496

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Kitchen Center Island, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 17.74
  • Construction: Previously Owned
  • Mechanicals: Air to Air Exchange, Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned, Sump Pump
  • Parcel Number: 17000350407003
  • Projected Closed Date: 06/17/2014
  • Range: 42.00
  • Section: 35.00
  • Stories: 1 Story
  • Taxes With Assessments: 2537.5
  • Twp Number: 137.00
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen, Informal Dining Room, Open Floor Plan
  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Main Floor Full Bath, Rough In
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: On Level: Main
  • Room 2: On Level: Main
  • Room 3: On Level: Main
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 7: On Level: Main
  • Room 9: On Level: Main
  • Room 11: On Level: Main
  • Room 12: On Level: Main
  • Room 19: On Level: Lower
  • Basement Features: Egress Windows, Sump Pump, Unfinished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1680
  • Total Square Footage: 1680

Exterior Features

  • Frontage Road: County, Paved
  • Lake Class: Recreation Dvelopmnt
  • Waterfront Name: Franklin
  • Construction Type: Frame/Wood, Modular
  • Exterior: Vinyl
  • Out Buildings: Storage Shed
  • Waterfront: Yes
  • Water Frontage: 300
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached, Detached
  • Garage Capacity: 2

Utilities

  • Cooling: Central
  • Fuel: Electric, Propane - Tank Owned
  • Heat: Forced Air, Heat Pump, In Floor
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pelican Rapids #548

Lot Info

  • Estimated Lot Dimensions: 17.74 ACRES
  • Lot/Land Description: Tree Coverage - Medium

Building Info

  • Year Built: 2009

Tax Info

  • Year: 2014
  • Tax Value: 2495.5

MLS Schools

  • School District: Pelican Rapids #548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
Jun 17, 2014
Sold by
Day James James
Bought by
Lorentz Douglas and Lorentz Juanita
Seller's Agent
Barb Backstrom
Coldwell Banker Preferred Partners
Buyer's Agent
Barb Backstrom
Coldwell Banker Preferred Partners
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%
Current Estimated Value
$906,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$556,862
Avg. Annual Appreciation
8.73%
Original Mortgage
$175,000
Outstanding Balance
$133,508
Interest Rate
4.28%
Estimated Equity
$773,354
Source: Public Records

Range of Values:

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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
Lorentz Douglas $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorentz Douglas $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $350,000 -2.8% $208 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $359,900 -- $214 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $4,834 $750,900 $217,300 $533,600
2024 $4,248 $730,300 $209,100 $521,200
2023 $4,328 $607,200 $213,600 $393,600
2022 $4,190 $432,800 $0 $0
2021 $4,234 $607,200 $213,600 $393,600
2020 $4,200 $503,500 $141,200 $362,300
2019 $3,786 $457,700 $141,400 $316,300
2018 $3,568 $457,700 $141,400 $316,300
2017 $3,524 $421,300 $122,500 $298,800
2016 $2,780 $331,400 $118,700 $212,700
2015 $2,666 $0 $0 $0
2014 -- $310,900 $115,900 $195,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4610350

REALTOR® Association of Southern Minnesota

APN: 17000350407003