NOT LISTED FOR SALE

507 Meshigun Point Dr Unit 2 Wahkon, MN 56386

Estimated Value: $390,000 - $618,341

3 Beds
2.5 Baths
2,324 Sq Ft
$229/Sq Ft Est. Value

Last Sold December 11, 2014

Last sale price $325,000 $140 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,588/month

757 Days on Market

Highlights

  • Waterfront Community
  • Bay View
  • End Unit
  • Dock Facilities
  • Heated Floors
  • Porch

About This Home

As of December 2014

Luxurious, townhome radiating excellence in design and craftsmanship for carefree living with your own covered boat slip in a private harbor on Mille Lacs Lake, close to golf, the casino and 2 hours from the metro.

Last Listed By

Brad Wadsten

Edina Realty, Inc. Listed on: 10/22/2012

Edina Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,891

Year Built

  • Built in 2012

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 30x88
  • Property fronts a private road
  • End Unit
  • Zero Lot Line

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 2,324 Sq Ft Home
  • Woodwork
  • Gas Fireplace
  • Family Room
  • Heated Floors
  • Bay Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Dock Facilities
  • Dock Available
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Shared Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 255620010

Community Details

Overview

  • Association fees include dock, hazard insurance, outside maintenance, sanitation, shared amenities, snow/lawn care
  • Meshigun Point Townhomes Association
  • Rental Restrictions

Recreation

  • Waterfront Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,891

Year Built

Built in 2012

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Type: Single Family
  • Property Subtype 1: (TH) Side by Side
  • Cooling System: Central
  • Outside Features: Log Siding
  • Garage Spaces: 2.00
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Shared System, Well
  • Association Amenities: Dock
  • Fuel Type: Natural Gas
  • Fee Frequency: Monthly
  • Year Built: 2012
  • Above Grade Finished Sq Ft: 2324.00
  • Above Grade Finished Area Search: 2324.00
  • Assessment Pending Y N: No
  • Association Management: Meshigun Point Townhomes Association
  • Management Company Phone: 612-221-6923
  • Carport Y N: No
  • Co Listing Association Office S K: 11942
  • Elevation High Point Waterfront: 0-4
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Lake Depth Feet: 42
  • List A O R Key Numeric: 11942
  • Listing Organization: Iowa
  • Living Area Finished: 2324.00
  • Living Area Finished Units: Square Feet
  • Parcel Numbers: 255620010
  • Rental License: No
  • Restrictions Type: Mandatory Owners Assoc, Pets Not Allowed, Rentals not Permitted
  • Tax Assessment Balance: 1.00
  • Townhouse Type: End Unit, Multi-Level, Street-Level
  • Water Body Name: Mille Lacs
  • Waterfront Frontage: 1000
  • Waterfront Slope Type: Level
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Basement: None
  • Fireplace Features: Gas Burning
  • Dining Room Features: Living/Dining Room
  • Family Room Features: Family Room
  • Bathroom Type: 3/4 Master, Main Floor 1/2 Bath, Upper Level Full Bath
  • Fireplace: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt Shingles
  • LakeAcres: 128226.17000
  • Waterfront View: Bay, Panoramic
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: City Sewer/Connected

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Hazard Insurance, Outside Maintenance, Sanitation, Shared Amenities, Snow/Lawn Care
  • Association Fee: 250.00

Association/Amenities

  • Property Amenities: Dock, Natural Woodwork, Porch, Walk-In Closet, Washer/Dryer Hookup

Fee Information

  • Insurance Fee Frequency: N/A

Schools

  • School District: Isle
  • School District Phone: 320-676-3146

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Under Construc/Spec Homes
  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Assessment Pending: No
  • Lot Size: 30x88
  • Homestead: No
  • Lot Features: Zero Lot Line
  • Lot Size Acres: 0.1000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: LOT 1 BLK 1 MESHIGUN POINT TOWNHOMES
  • Tax Amount: 1891.00
  • Tax Year: 2014
  • Tax With Assessments: 1892.00
  • Assessor Parcel Number: 255620010

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Association Access

MLS Schools

  • School District Name: Isle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
Dec 11, 2014
Sold by
Meshigun Point Properties Llc
Bought by
Pangerl Edward E and Pangerl Jolenne R
Seller's Agent
Brad Wadsten
Edina Realty, Inc.
List Price
$305,000
Sold Price
$325,000
Premium/Discount to List
$20,000
6.56%
Total Days on Market
757
Current Estimated Value
$533,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,085
Avg. Annual Appreciation
4.86%

Range of Values:

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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
Pangerl Edward E $325,000 Edina Realty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meshigun Point Properties Llc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2014 12/11/14 Sold $325,000 +6.6% $140 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
10/22/2012 10/22/12 For Sale $305,000 -- $131 / 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
2024 $4,418 $374,600 $77,800 $296,800
2023 $3,806 $362,800 $80,000 $282,800
2022 $3,762 $309,000 $80,000 $229,000
2021 $3,652 $236,900 $75,500 $161,400
2020 $3,738 $236,000 $75,500 $160,500
2019 $3,794 $222,200 $84,900 $137,300
2018 $3,588 $231,000 $84,900 $146,100
2017 $3,292 $207,400 $84,900 $122,500
2016 $3,608 $0 $0 $0
2015 $526 $0 $0 $0
2014 $526 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: NST4312086

NorthstarMLS

APN: 25-562-0010