NOT LISTED FOR SALE

48993 428th St Perham, MN 56573

Estimated Value: $605,000 - $728,000

5 Beds
3.5 Baths
3,337 Sq Ft
$199/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $600,000 $180 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,959/month

106 Days on Market

Highlights

  • Docks
  • Lake View
  • Main Floor Primary Bedroom
  • Perham Senior High School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of November 2023

Lakefront Gem with over 130 feet of shoreline: 5 bed, 4 bath year round home on just over 1 acre. Serene oasis with open-concept living, fireplace, fully equipped kitchen. Spacious bedrooms and bathrooms. 2 stall attached and 2 stall detached garage. Local lodge is just a short boat ride to grab dinner or drinks as well. Enjoy your evenings on the spacious deck or hang out in the living room with a wall of windows looking out to the lake. Curl up in the sunroom and enjoy a good book or just the quietness. Your dream retreat awaits! Come see it today.

Last Agent to Sell the Property

Richard Olson

Next Level Real Estate Listed on: 06/23/2023

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,788

Year Built

  • Built in 1999

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 130 x 354
  • Wooded Lot

Parking

  • 4 Car Garage

Home Design

  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Lake Views
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Basement

  • Bedroom in Basement
  • Laundry in Basement

Outdoor Features

  • Docks
  • Patio

Schools

  • Perham-Dent High School

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association
  • Herman's Woods Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52000990589000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,788

Year Built

Built in 1999

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 1.06
  • Lot Size: 130 x 354
  • Subdivision Name: HERMAN'S WOODS
  • Architectural Style: (SF) Single Family
  • Unit Levels: Two
  • Year Built: 1999
  • Air Conditioning:Central: Yes
  • General Property Information Zoning3: Residential-Single Family
  • General Property Information:Acres: 1.06
  • Location Tax and Other Information AssocFeeYN: No
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 3788.0
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Manufactured Home: No
  • General Property Information New Development: No
  • General Property Information Year Built2: 1999
  • General Property Information Lot Dimensions: 130 x 354
  • General Property Information Below Grd Total SqFt: 1461.0
  • General Property Information Total Finished Sqft2: 3337.00
  • General Property Information Style2: (SF) Single Family
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Building Information Finished SqFt Above Ground: 1876
  • Building Information Finished SqFt Below Ground: 1461
  • Fireplace Characteristics Gas Burning: Yes
  • Ownership Fractional Ownership3: No
  • Roof Asphalt Shingles: Yes
  • Sewer Private Sewer: Yes
  • Water Well2: Yes
  • Stories Two: Yes
  • Water:Private: Yes
  • Waterfront View Lake: Yes
  • Basement Poured Concrete: Yes
  • Amenities Unit Dock3: Yes
  • Topography:Wooded: Yes
  • Laundry In Basement: Yes
  • Special Search Main Floor Primary: Yes
  • Location Tax and Other Information High School3: Perham-Dent
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Has Basement: Poured Concrete
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas Burning
  • Fireplace: Yes
  • General Property Information Bath Half: 1
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Amenities Unit Primary Bedroom Walk-In Closet: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Accessible Shoreline
  • Exclusions: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt Shingles
  • Patio Porch and Deck Features Patio3: Yes

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Laundry Features: In Basement
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Private Sewer
  • Water Source: Private, Well
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Perham-Dent

Lot Info

  • Lot Size Sq Ft: 46173.6
  • Parcel #: 52000990589000
  • Zoning: Residential-Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 6, 2023
Sold by
Yokom Bryce and Yokom Uyen
Bought by
Madi Hala
Seller's Agent
Richard Olson
Next Level Real Estate
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$749,900
Sold Price
$600,000
Premium/Discount to List
-$149,900
-19.99%
Views
203
Current Estimated Value
$664,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,554
Avg. Annual Appreciation
5.83%
Original Mortgage
$540,000
Outstanding Balance
$530,971
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$133,030
Source: Public Records

Range of Values:

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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
Madi Hala $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madi Hala $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market $600,000 -- --
11/06/2023 11/06/23 Sold $600,000 -20.0% $180 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
06/24/2023 06/24/23 For Sale $749,900 -- $225 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

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 $4,060 $612,100 $258,300 $353,800
2023 $3,868 $526,600 $214,100 $312,500
2022 $3,428 $386,800 $0 $0
2021 $3,644 $526,600 $214,100 $312,500
2020 $3,420 $384,700 $133,600 $251,100
2019 $3,352 $341,600 $121,700 $219,900
2018 $3,348 $341,600 $121,700 $219,900
2017 $3,626 $325,200 $113,100 $212,100
2016 $3,588 $336,000 $116,100 $219,900
2015 $3,258 $0 $0 $0
2014 -- $321,700 $106,900 $214,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Richard Olson

    Next Level Real Estate

    (701) 230-0189

    152 Total Sales

    Richard Olson
    Section Image

  • M

    Buyer's Agent in 2023

    Member Non

    NON MEMBER FILE

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7424542

APN: 52000990589000

Minnesota Otter Tail County Perham 56573

48993 428th St, Perham, MN

This home is located at 48993 428th St, Perham, MN 56573 since 23 June 2023 and is currently estimated at $664,554, approximately $199 per square foot. This property was built in 1999. 48993 428th St is a home located in Otter Tail County with nearby schools including Heart of the Lake Elementary School and Perham Senior High School.

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