NOT LISTED FOR SALE

48409 197th Ave McGregor, MN 55760

Estimated Value: $545,000 - $630,000

3 Beds
2.5 Baths
2,100 Sq Ft
$286/Sq Ft Est. Value

Sale Details

Date Sold: May 23, 2025

Last sale price $549,900 $262 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,554 / mo

23 Days on Market

Highlights

  • 68 Feet of Waterfront
  • Deck
  • Lower Floor Utility Room
  • Beach Access
  • No HOA
  • The kitchen features windows

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.

Last Agent to Sell the Property

Kari Horbacz

Statement Realty Listed on: 04/19/2025

Last Buyer's Agent

Betty Christian

Christian Realty North

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,769

Year Built

  • Built in 1987

Lot Details

  • Lot Dimensions are 68x503x33x519
  • 68 Feet of Waterfront
  • Lake Front
  • Partially Fenced Property
  • Chain Link Fence
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Cabin
  • Bi-Level Home
  • Block Foundation
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • Central Vacuum
  • Gas Fireplace
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room

Kitchen

  • Range
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Walk-Out Basement
  • Laundry in Basement

Outdoor Features

  • Beach Access
  • Deck
  • Rear Porch

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,769

Year Built

Built in 1987

Lot Details

0.55 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Vinyl
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 1987
  • Above Grade Finished Sq Ft: 1140
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Cabin
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Walkout
  • Appliances: Central Vacuum, Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Family Room, Gas
  • Living Area: 2100
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 960
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: Chain Link, Partial
  • Foundation Details: Block
  • Other Structures: Storage Shed
  • PatioPorchType: Deck, Porch, Rear Porch
  • Lake Bottom: Hard, Sand
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 68

Garage/Parking

  • Parking Features: Detached Garage, Asphalt, Shared Driveway

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Holding Tank, Septic System Compliant - Yes
  • LaundryFeatures: In Basement, Lower Level, Laundry Room, Sink
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Dock, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Porch, Vaulted Ceiling(s)

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 2187682111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 68x503x33x519
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 291152100
  • Tax Annual Amount: 2769
  • TaxWithAssessments: 2834

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2025
Closed on
May 23, 2025
Sold by
Bought by
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
Current Estimated Value
$600,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,323
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
Apr 16, 2021
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2006
Bought by
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$549,900 --
$430,000 --
$412,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,131 $526,300 $220,700 $305,600
2025 $3,130 $523,600 $220,700 $302,900
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

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Map

Source: NorthstarMLS

MLS Number: 6705674

NorthstarMLS

APN: 29-1-152100

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