NOT LISTED FOR SALE

48437 197th Ave McGregor, MN 55760

Estimated Value: $343,000 - $378,000

2 Beds
1 Bath
1,008 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $270,000 $268 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,139/month

10 Days on Market

Highlights

  • Lake Front
  • Dock Available
  • Engineered Wood Flooring
  • Beach View
  • Wood Burning Stove
  • No HOA

About This Home

As of March 2021

Remodeled 2 Bedroom 1 Full Bath Year Round Cabin on Minnewawa Lake. New Siding, Roof, Windows, Flooring. Open Air Dining & Living Room, Stone Wood Burning Fireplace, Plus Freestanding Wood Stove in Kitchen, Knotty Pine Interior, Tiled & Laminate Flooring. 18 x 22 Bunk House, New Windows. 100 x 460 Ft Lot with 1.08 Acres. Nicely Wooded & Secluded. Elevated for a View of the Lake, on Minnewawa Lake with boat access into Horseshoe Lake. New Steps to Lake, Plus New Dock Included.

Last Listed By

Betty Christian

Christian Realty North Listed on: 02/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1925

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 100x460
  • Lake Front
  • Wood Fence
  • Unpaved Streets

Property Views

  • Beach
  • Lake
  • Panoramic

Home Design

  • Pitched Roof
  • Asphalt Shingled Roof

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Skylights
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • Engineered Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Dock Available
  • Storage Shed
  • Porch

Farming

  • Bunk House

Utilities

  • Space Heater
  • Vented Exhaust Fan
  • 100 Amp Service
  • Well
  • Drilled Well
  • 4 Inch Submersible Water Pump
  • Private Sewer

Community Details

  • No Home Owners Association
  • Sheshebe Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291153400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Architecture: Rural Residential
  • Cooling System: None
  • Outside Features: Engineered Wood
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: 4-Inch Submersible, Drilled, Well
  • Fuel Type: Propane, Wood
  • Year Built: 1925
  • Power Company Name: Lake Country Power
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1008.00
  • Above Grade Finished Area Search: 1008.00
  • Above Grade Finished Sq Ft: 1008.00
  • Assessment Pending Y N: Yes
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Elevation High Point Waterfront: 26-40
  • Floor Plan Type: All Living Facilities on One Level, Main Floor Bedroom
  • Foundation Area Units: Square Feet
  • Garage Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Hard, Sand
  • Lake Depth Feet: 21
  • List A O R Key Numeric: 8151
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 1008.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1008.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 291153400,291153500
  • Property Out Building Type: Bunk House, Shed - Storage
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 65.00
  • Water Body Name: Minnewawa
  • Waterfront Frontage: 100
  • Waterfront Slope Type: Gradual, Steep
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space
  • Appliances: Exhaust Fan/Hood, Fuel Tank - Owned, Range, Refrigerator
  • Fireplace Features: Family Room, Free Standing, Stone, Wood Burning, Wood Stove
  • Dining Room Features: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Family Room Features: Family Room, Main Level
  • Bathroom Type: Main Floor Full Bath, Walk Thru
  • Living Area: 1008.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles, Pitched
  • LakeAcres: 2355.19000
  • Waterfront View: Lake, Panoramic, West
  • Fencing: Wood
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Driveway - Gravel
  • Parking Spaces: 10

Utilities

  • Heating: Fireplace, Space Heater
  • Sewer: Private, Tank with Drainage Field
  • Electric: 100 Amp Service, Circuit Breakers

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Ceiling Fan(s), Dock, Kitchen Window, Natural Woodwork, Panoramic View, Porch, Skylight

Schools

  • School District: 4 - McGregor
  • School District Phone: 218-768-2111

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 2
  • Assessment Pending: Yes
  • Lot Size: 100x460
  • Homestead: No
  • LandLeaseAmountFrequency: No
  • Lot Features: Tree Coverage - Heavy, Tree Coverage - Medium
  • Lot Size Acres: 1.0800
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 105 & 106 SHESHEBE POINT SEC 21-49-23
  • Tax Amount: 1719.00
  • Tax Year: 2021
  • Tax With Assessments: 1784.00
  • Assessor Parcel Number: 291153400

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front, Lake View

MLS Schools

  • School District Name: 4 - McGregor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 5, 2021
Sold by
Anagnos Peter C and Anagnos Susan M
Bought by
Hall David G
Seller's Agent
Betty Christian
Christian Realty North
Buyer's Agent
Betty Christian
Christian Realty North
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Total Days on Market
10
Current Estimated Value
$359,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,239
Avg. Annual Appreciation
7.12%

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Hall David G $270,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $270,000 +8.0% $268 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $250,000 +28.2% $248 / Sq Ft
08/16/2019 08/16/19 Sold $195,000 0.0% $193 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $195,000 -- $193 / 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 $1,761 $314,300 $136,000 $178,300
2023 $1,832 $294,500 $125,500 $169,000
2022 $1,498 $268,400 $101,100 $167,300
2021 $1,228 $165,200 $78,900 $86,300
2020 $1,256 $132,300 $78,900 $53,400
2019 $1,270 $132,300 $78,900 $53,400
2018 $1,254 $129,100 $78,900 $50,200
2017 $1,258 $129,100 $78,900 $50,200
2016 $1,284 $129,100 $78,900 $50,200
2014 $1,177 $130,100 $79,500 $50,600
2012 $12 $145,300 $91,500 $53,800
Source: Public Records

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Source: NorthstarMLS

MLS Number: NST5708421

NorthstarMLS

APN: 29-1-153400