NOT LISTED FOR SALE

50688 Wymer Lake Loop Frazee, MN 56544

Estimated Value: $556,000 - $614,000

4 Beds
2 Baths
1,900 Sq Ft
$305/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $539,000 $284 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,387/month

10 Days on Market

Highlights

  • 275 Feet of Waterfront
  • The kitchen features windows
  • 3 Car Attached Garage
  • No HOA
  • Porch
  • Patio

About This Home

As of June 2024

Welcome to this beautifully updated, meticulously maintained lake home on Wimer Lake near Frazee! This gorgeous property has 4 bedrooms, 2 bathrooms, panoramic lake views, a 28x32' heated shop, lakeside 3 season porch, dock & so much more! The sellers have done extensive updates from the basement bathroom, lighting throughout, paint, wall treatments, heat pump, in-ground sprinklers, landscape work, dock, & more! Schedule your showing today!

Last Agent to Sell the Property

Mindy Rodke

Re/Max Lakes Region Listed on: 04/12/2024

Re/Max Lakes Region

Last Buyer's Agent

Greg Anderson

Cormorant Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,144

Year Built

  • Built in 1961

Lot Details

  • 1.15 Acre Lot
  • Lot Dimensions are 275x185x275x166
  • 275 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Entrance Foyer
  • Family Room
  • Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heat Pump System
  • Baseboard Heating
  • Boiler Heating System
  • 200+ Amp Service
  • 100 Amp Service
  • Private Water Source
  • Septic System

Community Details

  • No Home Owners Association
  • Nebraska Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32000990392000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,144

Year Built

Built in 1961

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 3
  • Accessibility Features: None
  • Water Source: Submersible - 4 Inch, Private
  • Year Built: 1961
  • Above Grade Finished Sq Ft: 1120
  • Water Body Name: Wimer
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Walkout
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
  • Living Area: 1900
  • Fireplace: No
  • Below Grade Finished Sq Ft: 780
  • Basement YN: Yes
  • Dining Room Type: Foyer, Kitchen, Dining Room, Living Room, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Family Room, Laundry, Three Season Porch, Patio

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • View: Lake
  • Other Structures: Shed(s), Pole Building, Root Cellar, Workshop
  • ConstructionMaterialsDesc: Block,Timber/Post & Beam
  • PatioPorchType: Covered,Patio
  • Lake Acres: 292
  • Lake Bottom: Hard,Sand,Weeds
  • LakeChain: N
  • Waterfront Frontage: 275

Garage/Parking

  • Parking Features: Attached Garage, Detached, Concrete, Finished Garage, Garage Door Opener, Heated Garage
  • Garage Square Feet: 784

Utilities

  • Heating: Baseboard, Boiler, Ductless Mini-Split, Heat Pump
  • Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
  • Electric: 100 Amp Service, 200+ Amp Service
  • Fuel: Electric,Wood
  • Power Company: Ottertail Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,In-Ground Sprinkler,Washer/Dryer Hookup

Schools

  • Junior High Dist: Frazee-Vergas
  • SchoolDistrictNumber: 23
  • SchoolDistrictPhone: 218-334-3181

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 275x185x275x166
  • Lot Size Sq Ft: 50175
  • Land Lease: No
  • Lot Features: Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: SquareFeet
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Metal Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 32000990392000
  • Tax Annual Amount: 3144
  • TaxWithAssessments: 3224.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Jun 7, 2024
Sold by
Peterson Victor and Peterson Alicia
Bought by
Olson Charlotte
Seller's Agent
Mindy Rodke
Re/Max Lakes Region
Buyer's Agent
Greg Anderson
Cormorant Realty
List Price
$540,000
Sold Price
$539,000
Premium/Discount to List
-$1,000
-0.19%
Views
34
Current Estimated Value
$580,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,245
Avg. Annual Appreciation
5.70%
Original Mortgage
$534,000
Outstanding Balance
$527,379
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$52,866

Purchase Details

Closed on
May 14, 2021
Sold by
Anderson Vivian E
Bought by
Peterson Victor A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,000
Interest Rate
3.1%
Mortgage Type
Construction
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
Olson Charlotte $539,000 --
Peterson Victor A $380,000 First American Mtg Solutions
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Charlotte $534,000
Previous Owner Peterson Victor A $361,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2024 06/07/24 Sold $539,000 -0.2% $284 / Sq Ft
04/23/2024 04/23/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $540,000 -- $284 / 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
2025 $3,592 $544,900 $291,200 $253,700
2024 $3,224 $535,000 $287,200 $247,800
2023 $3,158 $414,500 $245,300 $169,200
2022 $2,918 $315,800 $0 $0
2021 $2,628 $414,500 $245,300 $169,200
2020 $2,704 $319,500 $169,600 $149,900
2019 $2,322 $269,600 $135,100 $134,500
2018 $2,314 $269,600 $135,100 $134,500
2017 $2,364 $258,200 $135,100 $123,100
2016 $2,646 $285,800 $169,600 $116,200
2015 $2,324 $0 $0 $0
2014 -- $236,900 $135,100 $101,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6517758

NorthstarMLS

APN: 32000990392000