48409 197th Ave McGregor, MN 55760
3
Beds
2.5
Baths
2,100
Sq Ft
0.55
Acres
Highlights
- 68 Feet of Waterfront
- Bonus Room
- The kitchen features windows
- Beach Access
- No HOA
- Living Room
About This Home
As of May 2025**Offer Deadline-12pm on Sunday April 27, 2025** One step inside this clean and updated lake home and you won't want to leave. The main level beams with natural light! Who needs a TV when you have views of Lake Minnewawa from every room? The kitchen is well equipped with plenty of counterspace and cupboards. The large island is great for entertaining, and you will love the stainless-steel appliances and gas stove. The open floor plan with three large sliding glass doors leading out to the deck creates a harmonious blend of indoor and outdoor spaces. The main floor primary suite boasts the same amazing lake views and has a large bathroom and walk in closet. Come right in off the lake into the lower level where there are two nice sized bedrooms, a full bath and bonus room. The cozy family room centered around a fireplace is the perfect spot to hang out. Boat to several bars and restaurants and enjoy hours on the lake. Come home to your amazing firepit for smores and conversation. A detached garage and small storage shed round out this turnkey property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,769
Year Built
- Built in 1987
Lot Details
- 0.55 Acre Lot
- Lot Dimensions are 68x503x33x519
- 68 Feet of Waterfront
- Lake Front
- Partially Fenced Property
- Chain Link Fence
Parking
- 2 Car Garage
Home Design
- Bi-Level Home
Interior Spaces
- Central Vacuum
- Family Room with Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Bonus Room
- Finished Basement
- Walk-Out Basement
Kitchen
- Range
- Dishwasher
- The kitchen features windows
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Beach Access
Utilities
- Forced Air Heating and Cooling System
- Propane
- Private Water Source
- Well
- Drilled Well
- Septic System
Community Details
- No Home Owners Association
- Sheshebe Point Subdivision
Listing and Financial Details
- Assessor Parcel Number 291152100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2025
Closed on
May 23, 2025
Sold by
Jedlicka Janet and The Jane Ann Aitken Trust Dated 1/99
Bought by
Correll Mark and Correll Carrie
Seller's Agent
Kari Horbacz
Statement Realty
Buyer's Agent
Betty Christian
Christian Realty North
List Price
$549,900
Sold Price
$549,900
Views
40
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.31%
Original Mortgage
$544,900
Outstanding Balance
$544,900
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
-$5,445
Purchase Details
Closed on
Apr 16, 2021
Sold by
Carleton John John
Bought by
Aitken Jane Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
3.04%
Purchase Details
Closed on
Aug 1, 2006
Bought by
Abrahamson James D and Abrahamson Kathleen A
Similar Homes in McGregor, MN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $549,900 | -- | |
| Deed | $430,000 | -- | |
| Warranty Deed | $412,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $544,900 | New Conventional | |
| Previous Owner | $427,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | Sold | $549,900 | 0.0% | $262 / Sq Ft |
| 05/12/2025 05/12/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | For Sale | $549,900 | -- | $262 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $2,769 | $504,800 | $225,800 | $279,000 |
| 2023 | $2,828 | $458,500 | $192,200 | $266,300 |
| 2022 | $2,302 | $415,100 | $143,900 | $271,200 |
| 2021 | $2,020 | $291,300 | $111,500 | $179,800 |
| 2020 | $2,064 | $253,100 | $111,500 | $141,600 |
| 2019 | $1,996 | $252,200 | $111,500 | $140,700 |
| 2018 | $2,334 | $237,700 | $111,500 | $126,200 |
| 2017 | $2,302 | $237,700 | $111,500 | $126,200 |
| 2016 | $2,358 | $233,800 | $107,600 | $126,200 |
| 2014 | $2,209 | $235,100 | $107,600 | $127,500 |
| 2012 | $22 | $260,200 | $124,700 | $135,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kari Horbacz
Seller's Agent in 2025
Kari Horbacz
Statement Realty
(218) 851-7924
123 Total Sales
-
Betty Christian
Buyer's Agent in 2025
Betty Christian
Christian Realty North
(218) 820-0170
130 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6705674
APN: 29-1-152100
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