$624,900

502 W Lake Dr Unit 102 Detroit Lakes, MN 56501

Estimated payment $4,236/month

Total Views 8,166
2 Beds
2 Baths
1,461 Sq Ft
$428 Price per Sq Ft

Highlights

  • Lake View
  • 2 Car Attached Garage
  • Laundry Room
  • Elevator
  • Walk-In Closet
  • 1-minute walk to People's Rink

About This Home

Marvelous Main Level Condo, Magnificent Views of Detroit Lake, and Minimal Effort at this 2-bedroom, 2-bathroom condo with an attached 2-stall garage! The spacious primary suite features large lake-facing windows, double sinks, a walk-in closet, and a full bath complete with a jetted tub. The second bedroom also offers beautiful lake views and is conveniently located next to a full bath. You'll love the open floor plan that includes a stunning kitchen with stone counters, a cozy fireplace, and wood floors throughout the living room. Make your way onto your private patio, complete with a gas hookup, perfect for grilling and soaking in those incredible lakefront views. This unit also includes a private laundry room with a sink and cabinetry designed with a workspace in mind. A generous utility room/pantry and extra storage in the crawl space add to the functionality. With natural gas forced air heat and central A/C, you’re set for comfort whether year-round or seasonal living. Don’t miss the shared community room with a full kitchen just upstairs (elevator available), great for entertaining large groups. When you're ready to unwind, head down to the beach, dip your toes in the lake, take a stroll on the beautiful path next to the lake or explore nearby restaurants and parks. This lakefront condo checks all the boxes for easy, stylish living on the water!

Listing Agent

Kayla Ulschmid

Keller Williams Realty Profess Listed on: 07/21/2025

Keller Williams Realty Profess

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,488

Year Built

  • Built in 2003

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 1,461 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Utility Room
  • Lake Views
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 492512452

Community Details

Overview

  • Association fees include hazard insurance, internet, lawn care, ground maintenance, recreation facility, trash, snow removal
  • President James Brothers Association, Phone Number (701) 238-8427
  • Low-Rise Condominium

Additional Features

  • Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,488

Year Built

Built in 2003

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Low Rise
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: Accessible Elevator Installed, Other
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Association Amenities: Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Lobby Entrance, Security
  • Fee Frequency: Quarterly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1461
  • Water Body Name: Detroit
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Gas, Living Room
  • Living Area: 1461
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Primary Bathroom, Walk In Closet, Steam Room/Shower, Laundry, Utility Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • PatioPorchType: Covered,Patio
  • Lake Acres: 3089
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Garage Door Opener
  • Garage Square Feet: 540

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Hazard Insurance, Internet, Lawn Care, Maintenance Grounds, Recreation Facility, Trash, Snow Removal
  • Phone: 701-238-8427
  • Association Fee: 1200
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Kitchen Center Island,Main Floor Primary Bedroom,Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: President-James Brothers

Schools

  • Junior High Dist: Detroit Lakes
  • SchoolDistrictNumber: 22
  • SchoolDistrictPhone: 218-847-9271

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: X
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 492512452
  • Tax Annual Amount: 5488
  • TaxWithAssessments: 5610.0000

Multi Family

  • WaterfrontFeatures: Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,770 $570,000 $204,700 $365,300
2024 $4,770 $489,200 $170,700 $318,500
2023 $4,192 $395,700 $135,500 $260,200
2022 $4,350 $377,300 $135,500 $241,800
2021 $4,060 $351,900 $129,000 $222,900
2020 $4,356 $351,900 $129,000 $222,900
2019 $3,936 $373,600 $122,700 $250,900
2018 $3,150 $322,400 $106,900 $215,500
2017 $2,802 $286,700 $71,600 $215,100
2016 $3,118 $245,900 $71,600 $174,300
2015 $2,876 $256,600 $68,400 $188,200
2014 -- $226,600 $62,200 $164,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Price Changed $624,900 -3.8% $428 / Sq Ft
07/21/2025 07/21/25 For Sale $649,900 -- $445 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $160,000 New Conventional
Source: Public Records

Source: NorthstarMLS

MLS Number: 6758438

NorthstarMLS

APN: R492512452