NOT LISTED FOR SALE

48538 Northwind Rd Marcell, MN 56657

Estimated Value: $267,000 - $375,000

3 Beds
3 Baths
2,380 Sq Ft
$134/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2025

Last sale price $247,500 $104 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,955 / mo

103 Days on Market

Highlights

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

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

  • 615 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 3 Car Detached Garage

Home Design

  • Block Exterior

Interior Spaces

  • 2,380 Sq Ft Home
  • 2-Story Property
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Laundry 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
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Propane
  • 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

4.2 Acres

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
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Unfinished
  • Living Area: 2380
  • Fireplace: No
  • Basement YN: Yes

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Parking Features: Detached Garage, Gravel

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • LaundryFeatures: Lower Level, Laundry Room
  • 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: 2182462420

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: IRR
  • Land Lease: No
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Block

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 264800050
  • Tax Annual Amount: 3151
  • TaxWithAssessments: 3196

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
$319,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,471
Avg. Annual Appreciation
23.43%
Original Mortgage
$198,000
Outstanding Balance
$166,614
Interest Rate
6.91%
Mortgage Type
New Conventional
Estimated Equity
$153,357
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Barnett Larry L $247,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Larry L $198,000
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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: NorthstarMLS

MLS Number: 6618795

NorthstarMLS

APN: 26-480-0050

Your Personal Tour Guide

Ask me questions while you tour the home.