NOT LISTED FOR SALE

48302 188th Ave McGregor, MN 55760

Estimated Value: $447,000 - $495,000

4 Beds
1.5 Baths
1,382 Sq Ft
$344/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $380,000 $275 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,854/month

93 Days on Market

Highlights

  • 192 Feet of Waterfront
  • Guest House
  • Corner Lot
  • Beach Access
  • Lake View
  • No HOA

About This Home

As of December 2021

Welcome to the lake! You and your family will make memories for years at this perfect location on Lake Minnewawa. This four-bedroom, two bath home sits on a level lot with 192 feet of beautiful shoreline. The property includes a separate year-round guest house with a great room, private bar, kitchen, walk-in cooler, sauna, and room for the whole family. The 3100 sq. ft. guest house could be easily converted for more family space. Don’t miss out on this excellent lake shore opportunity.

Last Listed By

Diane Seefeld

Keller Williams Realty Professionals Listed on: 08/19/2021

Keller Williams Realty Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1960

Lot Details

  • 0.49 Acre Lot
  • 192 Feet of Waterfront
  • Lake Front
  • Corner Lot
  • Irregular Lot
  • Few Trees

Home Design

  • Pitched Roof

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • 100 Amp Service
  • Propane
  • Private Water Source
  • Well
  • Drilled Well
  • Cable TV Available

Additional Features

  • Beach Access
  • Guest House

Community Details

  • No Home Owners Association
  • Sheshebe Point 2Nd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291203000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 1382
  • Water Body Name: Minnewawa
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • FoundationDimensions: 30x40
  • Second Unit: Easily Divided,Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial, Concrete
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Living Area: 1382
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Guest House
  • SqFtTotal: 1492.00

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: None
  • View: Bay, Lake, Panoramic
  • Other Structures: Guest House, Other, Storage Shed
  • ConstructionMaterialsDesc: Concrete,Frame
  • Lake Acres: 2355
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 192

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Cable,Ceiling Fan(s),Dock,Hardwood Floors,Local Area Network,Main Floor Primary Bedroom,Patio,Panoramic View,Sauna,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-Up Attic

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictNumber: 4
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 21126.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Corner Lot, Irregular Lot, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding, Wood Siding

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 291203000
  • Tax Annual Amount: 1965
  • TaxWithAssessments: 2030.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Dec 30, 2021
Sold by
Eld Allen Allen
Bought by
Mix Sara Sara
Seller's Agent
Diane Seefeld
Keller Williams Realty Professionals
Buyer's Agent
Diane Seefeld
Keller Williams Realty Professionals
List Price
$369,900
Sold Price
$380,000
Premium/Discount to List
$10,100
2.73%
Total Days on Market
93
Current Estimated Value
$475,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,795
Avg. Annual Appreciation
9.83%
Original Mortgage
$375,000
Outstanding Balance
$351,205
Interest Rate
3.11%
Estimated Equity
$168,610

Range of Values:

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Average Value
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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
Mix Sara Sara $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mix Sara Sara $375,000
Closed Mix Sara Sara --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $380,000 +2.7% $275 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $369,900 -- $268 / 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 $2,433 $476,300 $264,100 $212,200
2023 $2,304 $448,700 $245,800 $202,900
2022 $2,162 $380,700 $174,900 $205,800
2021 $2,030 $275,200 $135,100 $140,100
2020 $2,062 $254,100 $142,500 $111,600
2019 $2,034 $251,900 $142,500 $109,400
2018 $2,050 $241,800 $142,500 $99,300
2017 $2,086 $249,200 $149,900 $99,300
2016 $1,968 $256,600 $157,300 $99,300
2014 $1,857 $246,600 $163,400 $83,200
2012 $18 $279,000 $190,600 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6087106

NorthstarMLS

APN: 29-1-203000