NOT LISTED FOR SALE

4926 County Road 1 SW Pequot Lakes, MN 56472

Estimated Value: $758,917 - $805,000

3 Beds
2.5 Baths
3,701 Sq Ft
$211/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $799,000 $216 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,675/month

33 Days on Market

Highlights

  • Guest House
  • Multiple Garages
  • Main Floor Primary Bedroom
  • Heated In Ground Pool
  • 1,756,339 Sq Ft lot
  • Loft

About This Home

As of July 2023

Experience the best of rural living in this beautiful 3-bed, 3-bath home situated on 40 acres. The home's ash wood flooring, stone fireplace, and open floor plan provide a warm and inviting atmosphere, while the loft and multiple decks offer great views of the surrounding landscape. With fiber internet running to both the home and outbuilding with office, working remotely is a breeze. Enjoy summer days by the pool w/cabana, or explore the possibilities of a hobby farm with multiple outbuildings, including a detached garage w/guest quarters, workshop, 24x60 shed, horse barn, 2 chicken coops, irrigated garden & orchard w/apple trees and 20 tillable acres. Located near many lakes and with an additional 80 acres of hunting land available, this property is a dream come true for outdoor enthusiasts.

Last Agent to Sell the Property

Lance Nelson

RE/MAX Advantage Plus Listed on: 04/24/2023

RE/MAX Advantage Plus

Co-Listed By

Lance & Stephani Nelson

RE/MAX Advantage Plus

Last Buyer's Agent

Brian Larsen

RE/MAX Results - Nisswa

RE/MAX Results - Nisswa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 2002

Lot Details

  • 40.32 Acre Lot
  • Lot Dimensions are 1330x1319x1327x1320
  • Wire Fence
  • Corner Lot

Parking

  • 8 Car Attached Garage
  • Multiple Garages
  • Parking Storage or Cabinetry
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Unfinished Walls
  • Pitched Roof

Interior Spaces

  • 3,701 Sq Ft Home
  • 1.5-Story Property
  • Stone Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Den
  • Loft
  • Unfinished Basement
  • Basement Storage

Kitchen

  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Water Filtration System
  • Private Water Source
  • Well
  • Drilled Well
  • Septic System

Additional Features

  • Air Exchanger
  • Guest House
  • Tillable Land
  • Zoned For Horses

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 480354400

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 2002

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 8
  • Accessibility Features: Wheelchair Ramp(s)
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Private, Well
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 3701
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Second Unit: Existing In-Law w/Bath,Existing In-Law w/Kitchen
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Storage Space, Unfinished
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Fuel Tank - Rented, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Trash Compactor, Wall Oven, Washer, Water Softener Rented
  • Fireplace Features: Gas, Living Room, Stone
  • Living Area: 3701
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Den, Family Room, Loft, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Four Season Porch, Foyer, Unfinished, Guest House

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt, Pitched
  • PoolFeatures: Below Ground, Heated, Outdoor Pool
  • Fencing: Chain Link, Electric, Wire
  • Other Structures: Additional Garage, Barn(s), Chicken Coop/Barn, Dog Kennel, Guest House, Lean-To, Shed(s), Workshop, Studio, Tack Room
  • Farm Type: Beef,Hobby,Horse,Livestock
  • Soil Type: Clay

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Electric, Garage Door Opener, Insulated Garage, Multiple Garages, Storage
  • Garage Square Feet: 1632

Utilities

  • Heating: Baseboard, Forced Air
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Ethernet Wired,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Porch,Security Lights,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictNumber: 2174
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • Topography: High Ground,Meadow,Pasture
  • PropertyAttachedYN: No
  • Lot Size: 1330x1319x1327x1320
  • Lot Size Sq Ft: 1756339.2
  • Land Lease: No
  • Lot Features: Additional Land Available, Corner Lot, Suitable for Horses, Tillable, Some Trees
  • PastureArea: 10
  • Cultivated Acreage: 20
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 480354400
  • Tax Annual Amount: 2534
  • TaxWithAssessments: 2600.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Jul 17, 2023
Sold by
Schumer Luke and Schumer Rachael
Bought by
Ouradnik Jeffrey and Ouradnik Tiffani
Seller's Agent
Lance Nelson
RE/MAX Advantage Plus
Buyer's Agent
Brian Larsen
RE/MAX Results - Nisswa
List Price
$799,000
Sold Price
$799,000
Views
106
Current Estimated Value
$815,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,397
Avg. Annual Appreciation
5.19%
Original Mortgage
$794,000
Outstanding Balance
$778,157
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$110,354

Purchase Details

Closed on
Oct 1, 2020
Sold by
Palmer John A and Palmer Vicki
Bought by
Schumer Luke J and Schumer Rachael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ouradnik Jeffrey $799,000 --
Schumer Luke J $590,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouradnik Jeffrey $794,000
Previous Owner Schumer Luke J $472,000
Previous Owner Palmer John A $151,000
Previous Owner Palmer John A $150,000
Previous Owner Palmer John A $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2023 07/17/23 Sold $799,000 0.0% $216 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $799,000 0.0% $216 / Sq Ft
05/03/2023 05/03/23 Off Market $799,000 -- --
04/24/2023 04/24/23 For Sale $799,000 -- $216 / 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 $2,796 $887,600 $148,400 $739,200
2023 $2,568 $786,000 $107,600 $678,400
2022 $2,470 $786,000 $107,600 $678,400
2021 $2,268 $548,000 $79,000 $469,000
2020 $2,344 $498,100 $79,000 $419,100
2019 $2,498 $463,200 $71,100 $392,100
2018 $2,474 $443,200 $71,100 $372,100
2017 $2,008 $443,200 $71,100 $372,100
2016 $2,020 $0 $0 $0
2015 $2,020 $398,800 $68,100 $330,700
2014 $1,562 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6358162

NorthstarMLS

APN: 48-035-4400