Seller's Agent in 2024
Eric Lundmark
Counselor Realty Detroit Lakes
(218) 849-0383
136 Total Sales
47944 E Lake Lizzie Rd Pelican Rapids, MN 56572
Estimated Value: $76,000 - $1,244,000
151
Acres
$5,371
Price per Acre
6,577,560
Sq Ft Lot
Highlights
- 356 Feet of Waterfront
- No HOA
- Partially Fenced Property
- Beach Access
- Zoned For Horses
About This Lot
As of March 2024These 151 acres of surveyed land are located in Northern Otter Tail County and positioned between Pelican, Lizzie and Franklin Lakes and 1/2 mile off US HWY 59. The land consists of 40+ acres of high-fenced rolling pasture and tillable, 53+ acres of wooded land, a 13 acre pond w/private boat ramp and 356' of lakeshore on Franklin Lake. The area is loaded with wildlife and incredible views. There are also two 40x80 steel buildings for storage and work shop space. The buildings have underground power and fiber optic to the pole building. The pole building has an RV hookup and a 1500 gallon holding tank. The private water supply, security cameras, 5+/- miles of groomed trails make this a premier piece of land in the heart of Lakes Country. The land consists of 6 individual parcels, giving the future owner options for development or sales.
Last Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,632
Lot Details
- 356 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Wire Fence
- Additional Parcels
Additional Features
- Tillable Land
- Zoned For Horses
- Underground Utilities
Listing and Financial Details
- Assessor Parcel Number 17000210288000
Community Details
Overview
- No Home Owners Association
Recreation
- Beach Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2023
Closed on
Mar 18, 2024
Sold by
Hegland Michael
Bought by
Lehman Matthew and Lehman Jessica
Seller's Agent
Eric Lundmark
Counselor Realty Detroit Lakes
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Views
72
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$188,933
Avg. Annual Appreciation
-12.49%
Purchase Details
Closed on
Jul 25, 2017
Sold by
Paul Kautzman
Bought by
Hegland Michael R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.91%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lehman Matthew | $1,000,000 | -- | |
| Hegland Michael R | $264,000 | Becker Cnty Title Svcs Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hegland Michael R | $198,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2024 03/18/24 | Sold | $1,000,000 | -9.1% | -- |
| 12/15/2023 12/15/23 | Pending | -- | -- | -- |
| 08/28/2023 08/28/23 | For Sale | $1,100,000 | -- | -- |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $1,658 | $402,700 | $373,400 | $29,300 |
| 2024 | $1,604 | $305,600 | $298,600 | $7,000 |
| 2023 | $1,604 | $286,300 | $282,700 | $3,600 |
| 2022 | $1,442 | $160,400 | $0 | $0 |
| 2021 | $1,390 | $286,300 | $282,700 | $3,600 |
| 2020 | $1,434 | $199,800 | $195,500 | $4,300 |
| 2019 | $1,742 | $250,200 | $233,600 | $16,600 |
| 2018 | $1,400 | $247,000 | $230,400 | $16,600 |
| 2017 | $1,500 | $207,700 | $190,700 | $17,000 |
| 2016 | $1,504 | $213,200 | $195,400 | $17,800 |
| 2015 | $1,474 | $0 | $0 | $0 |
| 2014 | -- | $269,100 | $190,100 | $79,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Lundmark
-
N
Buyer's Agent in 2024
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6418601
APN: 17000210288000
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