NOT LISTED FOR SALE

48607 285th Ave Palisade, MN 56469

Estimated Value: $55,579 - $109,000

1.98 Acres
$39,846 Price per Acre
86,249 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $55,000

Est. 43% increase in value since last sale

Current estimated payment $446/month

97 Days on Market

Highlights

  • 201 Feet of Waterfront
  • Beach Access
  • No HOA

About This Lot

As of September 2023

Awesome Mississippi River Lot, Great Elevation, Electric is in, conforming Very Nice Wooded with Huge Oaks. Drive in to Opening for
Building or just Camp until Ready to Build. Perfect Elevation for Great View of the Mississippi. Approx 2 Acre Lot with 201 x 320 x 290 x 380 Ft Lot. Near Palisade for Groceries, Gas, Restaurants & Bars. MUST SEE!!

Last Listed By

Betty Christian

Christian Realty North Listed on: 05/11/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $140

Year Built

  • 1961

Lot Details

  • Lot Dimensions are 201x320x290x380
  • 201 Feet of Waterfront
  • River Front
  • Cleared Lot

Listing and Financial Details

  • Assessor Parcel Number 191068000

Community Details

Overview

  • No Home Owners Association
  • Riverside Acres Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$140

Year Built

1961

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Mississippi River
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Fiber Optic
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1961

Interior Features

  • Inclusions: For Sale Sign,Topographic Map

Exterior Features

  • View: North, River, West
  • Lake Acres: 0
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 201

Utilities

  • Utilities: Electricity Connected, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictNumber: 8001
  • SchoolDistrictPhone: 218-927-2115

Lot Info

  • Topography: Level
  • Waterfront YN: Yes
  • Lot Size: 201x320x290x380
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Cleared, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 191068000
  • Tax Annual Amount: 140
  • TaxWithAssessments: 140.0000

Multi Family

  • WaterfrontFeatures: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Sep 28, 2023
Sold by
Ellison Neil and Ellison Kimberly
Bought by
Eriksen Benjamin
Seller's Agent
Betty Christian
Christian Realty North
Buyer's Agent
Betty Christian
Christian Realty North
List Price
$85,000
Sold Price
$55,000
Premium/Discount to List
-$30,000
-35.29%
Total Days on Market
97
Views
125
Current Estimated Value
$78,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,895
Avg. Annual Appreciation
6.23%
Original Mortgage
$54,500
Outstanding Balance
$53,861
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$6,720

Purchase Details

Closed on
Aug 1, 2005
Bought by
Ellison Neil E and Ellison Kimberly M

Range of Values:

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Average Value
Not Available
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
Eriksen Benjamin $55,000 --
Ellison Neil E $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eriksen Benjamin $54,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $55,000 -21.3% --
08/17/2023 08/17/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $69,900 -12.6% --
06/09/2023 06/09/23 Price Changed $80,000 -5.9% --
05/11/2023 05/11/23 For Sale $85,000 -- --
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 $92 $12,700 $12,700 $0
2023 $92 $14,700 $12,700 $2,000
2022 $108 $13,700 $12,100 $1,600
2021 $108 $12,200 $11,100 $1,100
2020 $110 $12,600 $11,500 $1,100
2019 $110 $12,600 $11,500 $1,100
2018 $116 $12,000 $11,100 $900
2017 $116 $13,000 $12,000 $1,000
2016 $116 $13,400 $12,400 $1,000
2014 $118 $14,500 $13,300 $1,200
2012 $1 $15,900 $14,500 $1,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6369058

NorthstarMLS

APN: 19-1-068000