NOT LISTED FOR SALE

5011 Gull Ln SW Nisswa, MN 56468

Estimated Value: $789,000 - $912,000

3 Beds
3 Baths
1,080 Sq Ft
$771/Sq Ft Est. Value

Last Sold August 13, 2012

Last sale price $287,450 $266 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $4,808/month

55 Days on Market

Highlights

  • 241 Feet of Waterfront
  • Waterfront Community
  • Deck
  • Nisswa Elementary School Rated 9+
  • Docks
  • Porch

About This Home

As of August 2012

What a great concept: Collect good income to offset ownership expenses PLUS the advantage of personal use by joining the GrandView Lodge rental pool. It generates an average of $21,500/yr. This Gull Haven Cottage is an excellent value. Sand beach.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 06/08/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 06/08/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,172

Year Built

  • 1997

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 34x65x39x5
  • 241 Feet of Waterfront

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Open Floorplan
  • Basement
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Docks
  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 281690010040009

Community Details

Overview

  • Association fees include snow removal, trash

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,172

Year Built

1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans, Natural Woodwork
  • Amenities Exterior: Deck, Dock, Porch
  • Estimated Number of Acres: 0.05
  • Chain Acreage: 13497
  • Construction: Previously Owned
  • Foundation Size: 1152
  • Parcel Number: 281690010040009
  • Stories: 1 Story
  • Unit: 703
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Dining Room: Combine with Kitchen, Combine with Living Room
  • Fireplace Type: Gas
  • Total Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 14x23, On Level: Main
  • Room 2: Dining Room, 10x12, On Level: Main
  • Room 4: Kitchen, 10x12, On Level: Main
  • Room 5: Bedroom, 10.3x10, On Level: Main
  • Room 6: Bedroom, 14x8, On Level: Main
  • Room 9: Loft, 18x10, On Level: Upper
  • Room 10: Porch, 15x5, On Level: Main
  • Room 11: Storage Room, 8x8
  • Basement Material: Wood
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 1080
  • Total Fin Square Footage: 1080

Exterior Features

  • Frontage Road: Paved, Sidewalk
  • LakeAcres: 10117
  • Water Frontage: 241
  • Waterfront Description: Association Access

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas
  • Heat: Forced Air

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Trash

Lot Info

  • Estimated Lot Dimensions: 34x65x39x5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2016
Bought by
Tollefsrud Patrick and Tollefsrud Tanya
Current Estimated Value
$832,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Outstanding Balance
$252,426
Interest Rate
3.6%
Estimated Equity
$579,804

Purchase Details

Listed on
Jun 8, 2012
Closed on
Aug 1, 2012
Sold by
Gull View Developers
Bought by
Jolley Homes Minnsota Llc
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$299,900
Sold Price
$287,450
Premium/Discount to List
-$12,450
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
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
Tollefsrud Patrick $395,000 --
Jolley Homes Minnsota Llc $287,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tollefsrud Patrick $316,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2012 08/13/12 Sold $287,450 -4.2% $266 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
06/08/2012 06/08/12 For Sale $299,900 -- $278 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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
2025 $5,172 $679,800 $387,300 $292,500
2024 $5,172 $624,400 $335,400 $289,000
2023 $5,084 $646,800 $353,500 $293,300
2022 $4,514 $587,100 $272,700 $314,400
2021 $4,004 $425,700 $223,900 $201,800
2020 $4,108 $365,900 $177,400 $188,500
2019 $3,774 $571,700 $185,300 $386,400
2018 $3,466 $331,600 $174,700 $156,900
2017 $3,644 $347,500 $190,000 $157,500
2016 $3,680 $338,400 $188,300 $150,100
2015 $3,624 $327,900 $187,800 $140,100
2014 $1,707 $306,600 $179,100 $127,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    RASM STAFF

    Coldwell Banker Burnet

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4331230

REALTOR® Association of Southern Minnesota

APN: 281690010040009

Minnesota Crow Wing County Nisswa 56468

5011 Gull Ln SW, Nisswa, MN

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