NOT LISTED FOR SALE

48494 197th Ave McGregor, MN 55760

Estimated Value: $257,323 - $331,000

2 Beds
2 Baths
896 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $230,000 $257 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,591/month

1 Day on Market

Highlights

  • Radiant Floor
  • The kitchen features windows
  • Living Room
  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of May 2024

Sheshebe Point Lake Minnewawa 2 bedroom 2 bath off shore home. This move in ready home is right across the street from the Minnewawa Lake narrows boat landing. Just a short walk to some fun and sun. Minnewawa Lake has always been a great fishing lake YEAR ROUND. The home is in like new condition. The garage is insulated. The home has 3 heat sources along with air. Wood panel doors. Center island/Breakfast bar. Kitchen window. Utility room has a stacked washer/dryer. Shed is 16x16. 3 lots for privacy.

Last Agent to Sell the Property

Donald Haller

McGregor Realty & Property Listed on: 04/12/2024

Co-Listed By

Sandra Haller

McGregor Realty & Property

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $910

Year Built

  • Built in 2016

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 100x200x50x200x50x400
  • Few Trees
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Insulated Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room
  • Utility Room
  • Radiant Floor

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Mini Split Air Conditioners
  • Pellet Stove burns compressed wood to generate heat
  • Vented Exhaust Fan
  • 100 Amp Service
  • Private Water Source
  • Sand Point Well
  • Well
  • Septic System

Community Details

  • No Home Owners Association
  • Sheshebe Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291175300

Home Details

Home Type

Single Family

Est. Annual Taxes

$910

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Private, Sand Point, Well
  • Year Built: 2016
  • Above Grade Finished Sq Ft: 896
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Slab
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Free Standing, Pellet Stove
  • Living Area: 896
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Utility Room

Beds/Baths

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

Exterior Features

  • Roof: Metal
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Insulated Garage

Utilities

  • Heating: Ductless Mini-Split, Radiant Floor, Other
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 100 Amp Service
  • Fuel: Electric,Pellet,Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Paneled Doors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

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

Lot Info

  • Topography: High Ground,Level,Wooded
  • PropertyAttachedYN: No
  • Lot Size: 100x200x50x200x50x400
  • Lot Size Sq Ft: 30056.4
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 291175300
  • Tax Annual Amount: 910
  • TaxWithAssessments: 910.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 22, 2024
Sold by
Forbes Thomas
Bought by
Collman Kathryn
Seller's Agent
Donald Haller
McGregor Realty & Property
List Price
$219,000
Sold Price
$230,000
Premium/Discount to List
$11,000
5.02%
Views
22
Current Estimated Value
$288,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,331
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Jul 29, 2019
Sold by
Barnes Patricia L and Barnes Todd M
Bought by
Forbes Thomas K

Purchase Details

Listed on
Jun 16, 2014
Closed on
Apr 17, 2015
Bought by
Richards Patricia
Seller's Agent
Kathy Stariha
Aspen Realty
Buyer's Agent
Kris Schwickerath
Edina Realty, Inc.
List Price
$38,000
Sold Price
$19,500
Premium/Discount to List
-$18,500
-48.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.81%

Purchase Details

Closed on
Feb 1, 1998
Bought by
Richards Patricia L
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
Collman Kathryn $230,000 --
Forbes Thomas K $122,000 --
Richards Patricia $19,500 --
Richards Patricia L -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/22/2024 05/22/24 Sold $230,000 +5.0% $257 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $219,000 +1023.1% $244 / Sq Ft
04/17/2015 04/17/15 Sold $19,500 -48.7% $25 / Sq Ft View Prior Sale
03/20/2015 03/20/15 Pending -- -- --
06/16/2014 06/16/14 For Sale $38,000 -- $48 / 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 $878 $204,300 $24,400 $179,900
2024 $878 $188,100 $24,400 $163,700
2023 $936 $180,900 $24,400 $156,500
2022 $794 $178,600 $24,400 $154,200
2021 $720 $123,900 $21,400 $102,500
2020 $724 $113,100 $21,400 $91,700
2019 $934 $111,700 $21,400 $90,300
2018 $640 $102,100 $21,400 $80,700
2017 $140 $75,800 $14,600 $61,200
2016 $102 $16,800 $14,600 $2,200
2014 $174 $38,800 $23,400 $15,400
2012 $2 $40,800 $24,400 $16,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6518604

NorthstarMLS

APN: 29-1-175300