NOT LISTED FOR SALE

48441 197th Ave McGregor, MN 55760

Estimated Value: $259,000 - $347,000

2 Beds
1 Bath
832 Sq Ft
$365/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $231,750 $279 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,736/month

110 Days on Market

Highlights

  • 50 Feet of Waterfront
  • No HOA
  • Living Room
  • Deck
  • Fireplace
  • 1-Story Property

About This Home

As of July 2024

Cozy cabin on a half acre lot with lakeshore on Lake Minnewawa. Located on Sheshebe Point, this seasonal two bedroom cabin is perched on a hill overlooking Minnewawa with a west lake exposure offering fantastic sunsets over the water.
Inside, the cabin welcomes you with an inviting open kitchen and floor plan, and warm knotty pine interior. Step outside onto the expansive wrap around deck, perfect for entertaining or taking in the views.
Enhanced with recent upgrades, including a new staircase down to the water, a dock, and a 19 foot pontoon, this is a turn-key property ready for this spring. Additional features include a newer roof, storage building and broadband internet.
Lake Minnewawa is known for it’s excellent fishing and recreational opportunities. With the properties proximity to over 20,000 acres of Savannah State Forest and nearby sled and ATV trails, outdoor adventures are just down the road. Come check out this great opportunity in McGregor, MN!

Last Agent to Sell the Property

Mark Nelson

Timber Ghost Realty, LLC Listed on: 02/24/2024

Timber Ghost Realty, LLC

Co-Listed By

Beret Nelson

Timber Ghost Realty, LLC

Last Buyer's Agent

Lauren Janoski

Coldwell Banker Realty

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,291

Year Built

  • Built in 1975

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 50x500
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 832 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Propane
  • Sand Point Well
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 291153700

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,291

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Sand Point
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 832
  • Water Body Name: Minnewawa
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Living Area: 832
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Deck

Beds/Baths

  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: West
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Open

Utilities

  • Heating: Fireplace(s)
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x500
  • Lot Size Sq Ft: 23827.32
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 291153700
  • Tax Annual Amount: 1291
  • TaxWithAssessments: 1356.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2024
Closed on
Jul 1, 2024
Sold by
Kennefick John and Kennefick Jean
Bought by
Trettel Eric and Trettel Kayla
Seller's Agent
Mark Nelson
Timber Ghost Realty, LLC
Buyer's Agent
Lauren Janoski
Coldwell Banker Realty
List Price
$284,900
Sold Price
$231,750
Premium/Discount to List
-$53,150
-18.66%
Views
153
Current Estimated Value
$303,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,090
Avg. Annual Appreciation
21.01%

Purchase Details

Closed on
Nov 1, 1999
Bought by
Kennefick John E and Kennefick Jean M
Source: Public Records

Range of Values:

--
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 Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trettel Eric $231,750 --
Kennefick John E $85,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $231,750 -7.3% $279 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/05/2024 06/05/24 Price Changed $249,900 -7.4% $300 / Sq Ft
05/01/2024 05/01/24 Price Changed $269,900 -5.3% $324 / Sq Ft
02/24/2024 02/24/24 For Sale $284,900 -- $342 / 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 $1,644 $268,500 $176,000 $92,500
2024 $1,341 $264,200 $180,000 $84,200
2023 $1,291 $226,200 $149,500 $76,700
2022 $1,318 $198,300 $123,300 $75,000
2021 $1,302 $145,600 $95,800 $49,800
2020 $1,332 $140,200 $95,800 $44,400
2019 $1,356 $140,200 $95,800 $44,400
2018 $1,282 $137,600 $95,800 $41,800
2017 $1,258 $131,900 $90,100 $41,800
2016 $1,260 $129,100 $87,300 $41,800
2014 $1,147 $127,000 $87,800 $39,200
2012 $12 $143,000 $101,300 $41,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6492549

NorthstarMLS

APN: 29-1-153700