$455,000
SOLD MAY 21, 2026

48894 386th Place Palisade, MN 56469

4 Beds
2 Baths
1,537 Sq Ft
1.65 Acre Lot

Sale Details

Date Sold: May 21, 2026

$296 Per Sq Ft

10% Below List Price

71 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Covered Patio or Porch
  • Multiple Garages
  • No HOA
  • The kitchen features windows

About This Home

As of May 2026

Incredible opportunity to have it all on Round Lake! East facing lot is 1.65 acres in size with gradual elevation to 100’ of excellent sand shoreline! A great place to catch the awe-inspiring sunrises and enjoy excellent swimming with the amazing sand bottom. The nicely appointed cabin has plenty of room for all and features a living room with free standing, gas, Heat & Glo fireplace, a family room, kitchen with informal dining, 4 bedrooms, a large full bath and additional 3⁄4 bath, large laundry room and foyer. The partial basement area houses the well pressure tank and has plenty of storage space. Don’t miss the 40x48 pole building, 14x24 detached garage and 8x10 storage shed! Property is being sold “turn-key”, as is, including furnishings, kitchenware, linens, dock, 2001 Crestliner Sport LX pontoon with 40HP Evinrude motor, electric pontoon lift, pontoon trailer, 2 additional boat lifts, John Deere lawn tractor with leaf vacuum and trailer, patio set, grill, lake toys, etc. It doesn’t get any better than this with an excellent lake featuring beautiful clear water, sand shore and everything you need to start making your dreams come true! Fiber internet is available at the street through Tremolo Communications. Note: County information shows primary structure is frame, remainder is mobile home.

Last Agent to Sell the Property

Rodney Sparks

Woods & Shores Real Estate, Inc. Listed on: 03/01/2026

Co-Listed By

Kathy Sparks

Woods & Shores Real Estate, Inc.

Last Buyer's Agent

Kathy Sparks

Woods & Shores Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 100x299x130x174x260x174x30x279
  • 100 Feet of Waterfront
  • Lake Front
  • Unpaved Streets
  • Few Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 9 Car Detached Garage
  • Multiple Garages
  • Garage Door Opener

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Block Foundation
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,537 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Gas Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Unfinished Basement

  • Partial Basement
  • Block Basement Construction
  • Basement Storage

Accessible Home Design

  • Accessible Pathway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Underground Utilities
  • Propane
  • Private Water Source
  • Well
  • 4 Inch Submersible Water Pump
  • Electric Water Heater
  • Fuel Tank
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 350033603

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,006

Year Built

Built in 1967

Lot Details

1.65 Acres

Parking

9

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: None
  • Outside Features: Vinyl
  • Garage Spaces: 9
  • Accessibility Features: No Stairs External
  • Fireplaces: 1
  • Water Source: 4-Inch Submersible, Private, Well
  • Year Built: 1967
  • Above Grade Finished Sq Ft: 1537
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partial, Storage Space, Unfinished
  • Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Free Standing, Gas
  • Living Area: 1537
  • Fireplace: Yes
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: East, Lake
  • Foundation Details: Block, Pillar/Post/Pier, Slab
  • Other Structures: Garage(s), Pole Building, Storage Shed
  • PatioPorchType: Covered, Deck
  • Lake Bottom: Hard, Excellent Sand
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Detached Garage, Electric, Garage Door Opener, Multiple Garages

Utilities

  • Heating: Forced Air, Fireplace(s), Other
  • Sewer: Private Sewer, Septic System Compliant - No, Tank with Drainage Field
  • LaundryFeatures: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
  • Electric: Circuit Breakers, Fuses
  • Fuel: Oil, Propane
  • Power Company: Mille Lacs Energy Co-op

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Deck, Dock, Kitchen Window, Natural Woodwork, Paneled Doors, Washer/Dryer Hookup

Schools

  • Junior High Dist: Aitkin
  • SchoolDistrictPhone: 2189272115

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x299x130x174x260x174x30x279
  • Land Lease: No
  • Lot Features: Tree Coverage - Medium, Underground Utilities
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Other, Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 350033603
  • Tax Annual Amount: 2006
  • TaxWithAssessments: 2006

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2026
Closed on
May 21, 2026
Sold by
Bought by
Seller's Agent
Rodney Sparks
Woods & Shores Real Estate, Inc.
Buyer's Agent
Kathy Sparks
Woods & Shores Real Estate, Inc.
List Price
$505,000
Sold Price
$455,000
Premium/Discount to List
-$50,000
-9.9%
Views
238

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.88%
Original Mortgage
$300,000
Outstanding Balance
$300,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$172,642
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $455,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 Sold $455,000 -5.2% $296 / Sq Ft
05/11/2026 05/11/26 Pending -- -- --
03/13/2026 03/13/26 Price Changed $480,000 -5.0% $312 / Sq Ft
03/01/2026 03/01/26 For Sale $505,000 -- $329 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,006 $377,800 $228,800 $149,000
2024 $2,020 $354,100 $211,400 $142,700
2023 $1,860 $350,600 $208,100 $142,500
2022 $1,932 $302,700 $174,000 $128,700
2021 $1,848 $240,700 $143,500 $97,200
2020 $1,730 $242,100 $143,500 $98,600
2019 $1,754 $219,400 $132,500 $86,900
2018 $1,732 $211,200 $132,500 $78,700
2017 $1,672 $210,600 $138,000 $72,600
2016 $1,690 $210,000 $138,000 $72,000
2014 $1,678 $216,600 $140,000 $76,600
2012 $16 $233,300 $146,500 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 7028555

NorthstarMLS

APN: 35-0-033603

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