NOT LISTED FOR SALE

48513 194th Place McGregor, MN 55760

Estimated Value: $266,000 - $438,000

3 Beds
1 Bath
1,152 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $275,000 $239 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,841/month

4 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Wood Burning Stove
  • Eat-In Kitchen
  • Deck
  • No HOA
  • Living Room

About This Home

As of August 2023

Minnewawa Lake cabin in the McGregor area. This cozy cabin has a nice shaded front yard with a nice breeze. 3 bedrooms and a newly remodeled full bathroom. New roofs on the cabin and the garage, new hot water heater, new water pump, new septic line and sky lights added to the upper bedrooms. New cedar steps with landings down to the lake. You probably will spend a lot of time in the huge screened porch. Deck lakeside. Double detached garage. Dog kennel. Plenty of parking area behind the garage for campers or tents. Still time to enjoy the summer with your new cabin on this awesome fishing and recreational lake. 2 restaurants/bars you can boat into.

Last Agent to Sell the Property

Donald Haller

McGregor Realty & Property Listed on: 07/05/2023

Co-Listed By

Sandra Haller

McGregor Realty & Property

Last Buyer's Agent

John Clay

Associated, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,227

Year Built

  • Built in 1971

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 50x317x70x329
  • 50 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Many Trees

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Propane
  • Private Water Source
  • Sand Point Well
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Sheshebe Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 291158000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,227

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Sand Point
  • Year Built: 1971
  • Above Grade Finished Sq Ft: 1152
  • Water Body Name: Minnewawa
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Fiber Optic,Satellite
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Cooktop, Exhaust Fan, Fuel Tank - Rented, Microwave, Range, Refrigerator
  • Fireplace Features: Free Standing, Wood Burning
  • Living Area: 1152
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • View: North
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Porch,Screened
  • Lake Bottom: Excellent Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Detached, Open

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Tank with Drainage Field
  • Electric: Circuit Breakers
  • Fuel: Propane
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Local Area Network,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x317x70x329
  • Lot Size Sq Ft: 19035.72
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 291158000
  • Tax Annual Amount: 1227
  • TaxWithAssessments: 1292.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2023
Closed on
Aug 14, 2023
Sold by
Rudolph Michael and Rudolph Mary Jo
Bought by
Vivant Michaela
Seller's Agent
Donald Haller
McGregor Realty & Property
Buyer's Agent
John Clay
Associated, REALTORS
List Price
$265,000
Sold Price
$275,000
Premium/Discount to List
$10,000
3.77%
Views
63
Current Estimated Value
$329,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,451
Avg. Annual Appreciation
8.13%
Original Mortgage
$266,750
Outstanding Balance
$260,558
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$68,893
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
Vivant Michaela $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vivant Michaela $266,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2023 08/14/23 Sold $275,000 +3.8% $239 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $265,000 +126.5% $230 / Sq Ft
05/20/2014 05/20/14 Sold $117,000 -21.7% $151 / Sq Ft View Prior Sale
01/27/2014 01/27/14 Pending -- -- --
03/20/2013 03/20/13 For Sale $149,500 -- $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
2025 $1,288 $249,400 $176,000 $73,400
2024 $1,075 $246,900 $180,000 $66,900
2023 $1,292 $215,200 $149,500 $65,700
2022 $1,262 $188,900 $123,300 $65,600
2021 $1,254 $139,300 $95,800 $43,500
2020 $1,266 $135,200 $95,800 $39,400
2019 $1,294 $133,300 $95,800 $37,500
2018 $1,220 $131,400 $95,800 $35,600
2017 $1,196 $125,700 $90,100 $35,600
2016 $1,175 $122,900 $87,300 $35,600
2014 $1,159 $128,200 $87,800 $40,400
2012 $12 $144,300 $101,300 $43,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6397354

NorthstarMLS

APN: 29-1-158000