$600,000
SOLD APR 24, 2025

48341 216th Place McGregor, MN 55760

2 Beds
2.5 Baths
2,272 Sq Ft
1.43 Acres

Recently Sold

$264 Per Sq Ft

8% Below List Price

37 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Loft
  • The kitchen features windows
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2025

Spacious newly remodeled year round home with large detached garage is nestled in beautiful trees on a 1.4 acre lot. This beautiful 2 bedroom + loft, 3 bath home has a partially covered wrap around deck on the main level and a large patio walkout on the lower level. Once you are inside you will love the huge open living area with vaulted ceiling, 2 large sliding glass doors and a beautiful wood burning fireplace. Open kitchen with stainless appliances, new custom cabinets and large island. The upper level loft is great for guests, playroom or office. The newly finished lower level has a bedroom, large family room, 3/4 bath and utility/laundry room. Forced air furnace with central air. There is a 30x40 garage which includes a bunk house. There is plenty of room for additional buildings. They always say the most important thing is Location....Location....Location, well, this property has it! Located close to Minnesota National Golf Course, many amazing restaurants, several area lakes and some of the greatest ATV and snowmobile trails the Northland has to offer! This home is ready for a new owner to enjoy the beautiful sunset view! Appliances included.

Last Agent to Sell the Property

Donald Haller

McGregor Realty & Property Listed on: 02/19/2025

Co-Listed By

Sandra Haller

McGregor Realty & Property

Last Buyer's Agent

Amye Miller

Edina Realty, Inc.

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,392

Year Built

  • Built in 2004

Lot Details

  • 1.43 Acre Lot
  • Lot Dimensions are 100x620x100x625
  • 100 Feet of Waterfront
  • River Front
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Cedar

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Utility Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio
  • Outhouse

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Sathers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291454900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,392

Year Built

Built in 2004

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
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 2004
  • Above Grade Finished Sq Ft: 1363
  • Water Body Name: Big Sandy
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Concrete, Walkout
  • Appliances: Air-To-Air Exchanger, Dryer, Fuel Tank - Rented, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 2272
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 909
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Loft, Utility Room, Patio, Deck

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Panoramic, River, West
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Patio
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Detached, Electric

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Outhouse, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Propane,Wood
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Local Area Network,Patio,Paneled Doors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

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

Lot Info

  • Topography: Walkout,Wooded
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x620x100x625
  • Lot Size Sq Ft: 62203.68
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 291454900
  • Tax Annual Amount: 2392
  • TaxWithAssessments: 2392.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2025
Closed on
Apr 24, 2025
Sold by
Belka Lee and Belka Laura
Bought by
Donley Cheryl and Graf Adam
Seller's Agent
Donald Haller
McGregor Realty & Property
Buyer's Agent
Amye Miller
Edina Realty, Inc.
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
40
Current Estimated Value
$590,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,378
Avg. Annual Appreciation
-2.63%
Original Mortgage
$480,000
Outstanding Balance
$477,869
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$112,753

Purchase Details

Closed on
Apr 20, 2016
Sold by
Erickson Steven Steven
Bought by
Belka Lee and Belka Laurie

Purchase Details

Closed on
Nov 1, 1996
Bought by
Erickson Steven E
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 Type Sale Price Title Company
Deed $600,000 --
Deed $210,000 --
Warranty Deed $19,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $600,000 -7.7% $264 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
02/19/2025 02/19/25 For Sale $650,000 -- $286 / 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 $2,482 $445,200 $165,000 $280,200
2024 $2,392 $411,400 $153,400 $258,000
2023 $2,490 $397,000 $151,100 $245,900
2022 $2,404 $375,000 $124,500 $250,500
2021 $2,282 $271,600 $105,000 $166,600
2020 $2,276 $251,500 $94,000 $157,500
2019 $2,210 $245,100 $94,000 $151,100
2018 $2,184 $229,000 $94,000 $135,000
2017 $1,772 $229,000 $94,000 $135,000
2016 $1,752 $229,000 $94,000 $135,000
2014 $1,702 $228,800 $96,000 $132,800
2012 $15 $238,200 $97,000 $141,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6673095

NorthstarMLS

APN: 29-1-454900