NOT LISTED FOR SALE

50945 Good Oak Loop Frazee, MN 56544

Estimated Value: $430,000 - $604,000

3 Beds
2 Baths
1,458 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $355,000 $243 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,073/month

38 Days on Market

Highlights

  • Dock Available
  • Deck
  • Separate Outdoor Workshop
  • Beach Access
  • No HOA
  • Kitchen Island

About This Home

As of November 2020

Drastically remodeled including a master suite addition for the total lake experience. From the copper accented entry to the updated kitchen you'll appreciate all the new design and floorpan - including the new fireplace, all new flooring, all new stainless kitchen appliances, solid surface countertops, a stack washer and dryer, a fresh coat of paint and a heat pump for the comfortable air-conditioning. This home is availble furnished for an additional $5000. Exterior improvements include a relaxing master deck, refaced lakeside deck and a stair system that makes the lake access so easy, relaxing fire pit, perennial gardens, and additional storage in the ''he-shed'' and ''she-shed'' both 10x12. Cub cadet riding mower is included. Full insulated crawlspace and approved septic system.

Last Listed By

Jen Hanson

Jen Hanson Listed on: 08/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1970

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 185x208
  • Unpaved Streets

Home Design

  • Wood Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Aluminum Siding

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Fireplace
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Dock Available
  • Deck
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Baseboard Heating
  • Private Water Source
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 32000990461000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Cooling System: Ductless Mini-Split
  • Outside Features: Aluminum Siding, Wood
  • Accessibility Features: None
  • Water Source: Private
  • Fuel Type: Electric
  • Year Built: 1970
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 1458.00
  • Above Grade Finished Area Search: 1458.00
  • Above Grade Finished Sq Ft: 1458.00
  • Assessment Pending Y N: Yes
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Internet Entire Listing Display: Yes
  • Lake Bottom Type: Rocky, Weeds
  • Lake Depth Feet: 58
  • List A O R Key Numeric: 10490
  • Listing Organization: Iowa
  • Main Level Area: 1106.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 32000990461000
  • Property Out Building Type: Shed - Storage, Workshop
  • Rental License: No
  • Stories Type: One
  • Tax Assessment Balance: 70.00
  • Water Body Name: Wimer
  • Waterfront Frontage: 185
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Crawl Space, Unfinished, Wood
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Fireplace Features: Electric
  • Dining Room Features: Breakfast Bar, Other
  • Bathroom Type: 3/4 Master, Main Floor Full Bath
  • Living Area: 1458.00
  • Fireplace: Yes
  • Stories: 1

Beds/Baths

  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 292.84000
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Driveway - Gravel, None

Utilities

  • Heating: Baseboard
  • Sewer: Septic System Compliant - Yes

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Broadband Available, Ceiling Fan(s), Deck, Dock, Kitchen Center Island, Washer/Dryer Hookup

Schools

  • School District: 23 - Frazee-Vergas
  • School District Phone: 218-334-3181

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Out Building Count: 2
  • Assessment Pending: Yes
  • Lot Size: 185x208
  • Homestead: Yes
  • Lot Features: Accessible Shoreline
  • Lot Size Acres: 0.8500
  • Lot Size Area Units: Square Feet

Building Info

  • Construction Materials: Frame
  • New Development: No

Tax Info

  • TaxLegalDescription: Sect-10 Twp-137 Range-040 OAK RIDGE ESTATES LOT 2 BLK 1
  • Tax Amount: 1914.00
  • Tax Year: 2020
  • Tax With Assessments: 1984.00
  • Assessor Parcel Number: 32000990461000

Multi Family

  • Above Grade Finished Sq Ft: Square Feet

MLS Schools

  • School District Name: 23 - Frazee-Vergas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Nov 6, 2020
Sold by
Satter James James
Bought by
Moraghan-Olson Kathy Kathy
Seller's Agent
Jen Hanson
Jen Hanson
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$388,900
Sold Price
$355,000
Premium/Discount to List
-$33,900
-8.72%
Total Days on Market
38
Current Estimated Value
$509,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,266
Avg. Annual Appreciation
6.84%
Original Mortgage
$305,000
Outstanding Balance
$275,619
Interest Rate
2.78%
Estimated Equity
$202,425

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
Moraghan-Olson Kathy Kathy $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moraghan-Olson Kathy Kathy $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $355,000 -8.7% $243 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $388,900 +74.8% $267 / Sq Ft
03/13/2020 03/13/20 Sold $222,500 0.0% $185 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
09/28/2019 09/28/19 For Sale $222,500 -- $185 / 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 $2,996 $474,700 $295,500 $179,200
2023 $3,076 $401,600 $252,500 $149,100
2022 $2,938 $307,600 $0 $0
2021 $1,892 $401,600 $252,500 $149,100
2020 $1,984 $217,800 $168,900 $48,900
2019 $1,688 $180,400 $134,500 $45,900
2018 $1,766 $180,400 $134,500 $45,900
2017 $1,796 $177,900 $134,500 $43,400
2016 $2,106 $212,500 $168,900 $43,600
2015 $1,784 $0 $0 $0
2014 -- $177,200 $134,500 $42,700
Source: Public Records

Agents Affiliated with this Home

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Source: NorthstarMLS

MLS Number: NST6064302

NorthstarMLS

APN: 32000990461000