Seller's Agent in 2024
Jay Schurman
RE/MAX
(218) 234-9524
256 Total Sales
49863 Trowbridge Cir Vergas, MN 56587
Estimated Value: $886,000 - $990,000
4
Beds
3
Baths
4,056
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- 275 Feet of Waterfront
- Deck
- 5 Car Attached Garage
- Beach Access
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of March 2024Stunning four-bedroom, three-bathroom home situated on Leek Lake with 275 ft of shoreline. Just 60 miles from Fargo and 15 minutes to DL, this hidden gem offers the perfect balance of tranquility and convenience. Other notable features of the home include a three-car attached garage and a 24x32 shop, providing ample space for storage and hobbies. Leek Lake offers exceptional water clarity and is connected to Trowbridge Lake, providing endless opportunities for boating, fishing, and water recreation. The 1+ acre lot provides plenty of elbow room for activities. This is an amazing investment property as it is currently used as a short-term rental with over $50k in bookings in 2023.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,880
Year Built
- Built in 2000
Lot Details
- 1.16 Acre Lot
- Lot Dimensions are 200x275
- 275 Feet of Waterfront
- Lake Front
Parking
- 5 Car Attached Garage
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Finished Basement
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Beach Access
- Deck
Utilities
- Forced Air Heating and Cooling System
- Propane
- Well
- Electric Water Heater
- Fuel Tank
Community Details
- No Home Owners Association
- Leek Lake Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 08000990544000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2023
Closed on
Mar 11, 2024
Sold by
Prosperity Properties Llc A Minnesota
Bought by
Muhs James
Seller's Agent
Jay Schurman
Re/Max Lakes Region
Buyer's Agent
Lief Rogstad
Action Realty of Detroit Lakes
List Price
$895,000
Sold Price
$815,000
Premium/Discount to List
-$80,000
-8.94%
Views
150
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,301
Avg. Annual Appreciation
9.87%
Purchase Details
Closed on
Sep 25, 2020
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,000
Interest Rate
2.9%
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Muhs James | $815,000 | -- | |
| -- | $590,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $590,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $815,000 | -4.1% | $201 / Sq Ft |
| 02/23/2024 02/23/24 | Pending | -- | -- | -- |
| 09/14/2023 09/14/23 | Price Changed | $850,000 | -2.3% | $210 / Sq Ft |
| 07/14/2023 07/14/23 | Price Changed | $870,000 | -2.8% | $214 / Sq Ft |
| 04/10/2023 04/10/23 | For Sale | $895,000 | -- | $221 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $7,432 | $940,200 | $442,400 | $497,800 |
| 2024 | $6,840 | $924,600 | $438,400 | $486,200 |
| 2023 | $6,878 | $764,500 | $328,000 | $436,500 |
| 2022 | $5,950 | $687,800 | $0 | $0 |
| 2021 | $5,154 | $764,500 | $328,000 | $436,500 |
| 2020 | $5,106 | $607,400 | $232,000 | $375,400 |
| 2019 | $5,004 | $581,000 | $232,000 | $349,000 |
| 2018 | $5,238 | $581,000 | $232,000 | $349,000 |
| 2017 | $5,850 | $570,100 | $232,000 | $338,100 |
| 2016 | $5,668 | $588,800 | $237,200 | $351,600 |
| 2015 | $5,676 | $0 | $0 | $0 |
| 2014 | -- | $554,100 | $208,300 | $345,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Schurman
-
Lief Rogstad
Buyer's Agent in 2024
Lief Rogstad
Action Realty of Detroit Lakes
(218) 841-8707
141 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6352860
APN: 08000990544000
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