NOT LISTED FOR SALE

503 503 Lake May-Road- Walker, MN 56484

Estimated Value: $180,000 - $348,000

3 Beds
1 Bath
1,500 Sq Ft
$156/Sq Ft Est. Value

Last Sold January 10, 2013

Last sale price $25,000 $17 Per Sq Ft

Est. 838% increase in value since last sale

Current estimated payment $1,351/month

53 Days on Market

Highlights

  • Wood Burning Stove
  • 1-Story Property
  • Wood Siding
  • Bathroom on Main Level

About This Home

As of January 2013

Great lot in Walker with an amazing view of Lake May. There is a home on the lot that is a tear-down. Build a forever home and wake up to lake views after clearing the existing structure or, invest in a lot, renovate & resell. Lots of possibilities!

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 10/23/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 10/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,448

Year Built

  • 1955

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 102x239x94
  • Property fronts a county road

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Heating System Uses Wood

Listing and Financial Details

  • Assessor Parcel Number 963750042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,448

Year Built

1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Estimated Number of Acres: 0.57
  • Assessment Balance: 66
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1500
  • Parcel Number: 963750042
  • Projected Closed Date: 01/11/2013
  • Stories: 1 Story
  • Taxes With Assessments: 834
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Total Bedrooms: 3
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 1500
  • Total Fin Square Footage: 1500

Exterior Features

  • Frontage Road: City, County
  • Exterior: Wood
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Wood
  • Heat: Wood Stove

Schools

  • School District: Walker-Hackensack-Akeley #113

Lot Info

  • Estimated Lot Dimensions: 102x239x94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2024
Sold by
True North Properties Of Walker Llc
Bought by
Voelker Krista and Voelker Arthur
Current Estimated Value
$234,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$231,648
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$2,952

Purchase Details

Closed on
May 11, 2021
Sold by
Johnson Larry and Johnson Doris
Bought by
True N Prop Of Walker Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jan 10, 2013
Sold by
Robbins Lorrie and Robbins Jeffery
Bought by
Johnson Larry and Johnson Doris
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$34,900
Sold Price
$25,000
Premium/Discount to List
-$9,900
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.12%
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Voelker Krista $235,000 --
True N Prop Of Walker Llc $120,000 Misc Company
Johnson Larry $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voelker Krista $235,000
Previous Owner True N Prop Of Walker Llc $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2013 01/10/13 Sold $25,000 -28.4% $17 / Sq Ft
12/15/2012 12/15/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $34,900 -- $23 / 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
2024 $1,448 $136,000 $29,200 $106,800
2023 $1,484 $125,000 $31,500 $93,500
2022 $1,128 $125,000 $31,500 $93,500
2021 $1,132 $92,200 $26,500 $65,700
2020 $1,086 $91,900 $26,500 $65,400
2019 $1,114 $84,500 $26,500 $58,000
2018 $1,044 $76,400 $24,200 $52,200
2017 $1,042 $76,400 $24,200 $52,200
2016 $966 $0 $0 $0
2015 $966 $72,700 $24,200 $48,500
2014 $698 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4412374

REALTOR® Association of Southern Minnesota

APN: 96-375-0042