$247,500
SOLD JAN 29, 2025

48538 Northwind Rd Marcell, MN 56657

3 Beds
3 Baths
2,380 Sq Ft
4.2 Acres

Recently Sold

$104 Per Sq Ft

17% Below List Price

103 Days on Market

Highlights

  • 615 Feet of Waterfront
  • Main Floor Primary Bedroom
  • The kitchen features windows
  • Deck
  • No HOA
  • Living Room

About This Home

As of January 2025

Discover an unparalleled investment opportunity on 4.2 acres of prime lakeshore property, boasting 615 feet of frontage on the serene Little North Star Lake. This 55-acre lake, with a maximum depth of 43 feet, offers peaceful surroundings, and with direct access to Big North Star Lake via a channel, you get the best of both worlds. The property features a private lot with a 30x40 metal pole barn and a two-stall attached garage, currently repurposed as an art studio. While the home is in need of some restoration and finishing work, it presents a unique chance to revitalize this space into a lakeside retreat. Move in and renovate at your own pace, turning this house back into its former beauty. With 3 bedrooms, 4 bathrooms, including a master suite, a large lakeside deck, and a full walkout basement, this home provides the perfect canvas to create your ideal lake lifestyle. Don't miss out on the opportunity to craft your dream home on the shores of Little Northstar Lake.

Last Agent to Sell the Property

Alexandra Bloch

EDGE OF THE WILDERNESS REALTY Listed on: 10/17/2024

Co-Listed By

Nicholas Zerfas

EDGE OF THE WILDERNESS REALTY

Last Buyer's Agent

JASON RITTER

MN LAKESHORE PROPERTIES/MN UP NORTH REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,151

Year Built

  • Built in 1986

Lot Details

  • 4.2 Acre Lot
  • 615 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 3 Car Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Utility Room
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association
  • North Star Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 264800050

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,151

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Drilled, Well
  • Year Built: 1986
  • Above Grade Finished Sq Ft: 2380
  • Water Body Name: Little North Star
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished
  • Living Area: 2380
  • Fireplace: No
  • Basement YN: Yes
  • Dining Room Type: Foyer, Dining Room, Kitchen, Bedroom 1, Bathroom, Living Room, Bedroom 2, Bedroom 3, Family Room, Utility Room, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block
  • PatioPorchType: Deck
  • Lake Bottom: Undeveloped
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 615

Garage/Parking

  • Parking Features: Detached, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Oil,Propane,Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window,Main Floor Primary Bedroom

Schools

  • Junior High Dist: Deer River
  • SchoolDistrictPhone: 218-246-2420

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: IRR
  • Lot Size Sq Ft: 182952
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 264800050
  • Tax Annual Amount: 3151
  • TaxWithAssessments: 3196.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2024
Closed on
Jan 29, 2025
Sold by
Ellefson Ernest E and Leblanc Rachel Lynn
Bought by
Barnett Larry L and Barnett Tammy L
Seller's Agent
Alexandra Bloch
EDGE OF THE WILDERNESS REALTY
Buyer's Agent
JASON RITTER
MN LAKESHORE PROPERTIES/MN UP NORTH REALTY
List Price
$299,000
Sold Price
$247,500
Premium/Discount to List
-$51,500
-17.22%
Views
114
Current Estimated Value
$295,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,457
Avg. Annual Appreciation
21.20%
Original Mortgage
$198,000
Outstanding Balance
$178,257
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$117,700
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 Type Sale Price Title Company
Warranty Deed $247,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2025 01/29/25 Sold $247,500 -11.3% $104 / Sq Ft
01/28/2025 01/28/25 Pending -- -- --
11/20/2024 11/20/24 Price Changed $279,000 -6.7% $117 / Sq Ft
10/17/2024 10/17/24 For Sale $299,000 -- $126 / 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 $3,110 $358,100 $47,900 $310,200
2023 $3,110 $330,700 $41,700 $289,000
2022 $2,376 $292,600 $40,900 $251,700
2021 $2,480 $213,100 $35,900 $177,200
2020 $2,576 $213,100 $35,900 $177,200
2019 $2,776 $213,100 $35,900 $177,200
2018 $2,588 $240,500 $51,200 $189,300
2017 $2,172 $0 $0 $0
2016 $2,100 $0 $0 $0
2015 $1,962 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6618795

NorthstarMLS

APN: 26-480-0050