NOT LISTED FOR SALE

50988 County Highway 9 Pelican Rapids, MN 56572

Estimated Value: $848,000 - $1,170,621

4 Beds
2 Baths
1,400 Sq Ft
$737/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $578,700 $413 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $6,235/month

2 Days on Market

Highlights

  • 111 Feet of Waterfront
  • Sandy Beach
  • Deck
  • Beach Access
  • Open Floorplan
  • 2 Car Attached Garage

About This Home

As of September 2014

FOR COMPS ONLY - SOLD TO AN EXCLUSION - PELICAN LAKE - Beautiful level lot with 111' sand beach lake frontage with great swimming. 4 bedroom, 2 bath home with large living room with fireplace, lakeside sunroom, finished lower level with family room, and attached 2-car garage. Relax on the great lakeside deck! You have to check out the gorgeous sand beach!!!!!!!

Last Agent to Sell the Property

Barb Backstrom

Coldwell Banker Preferred Partners Listed on: 05/19/2014

Last Buyer's Agent

MEMBER NON

NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,206

Year Built

  • Built in 1976

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 111 x 156
  • 111 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Sandy Beach

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Steel Siding

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Radiant Heating System
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 55000990723000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,206

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Garage Door Opener
  • Amenities Exterior: Deck
  • Estimated Number of Acres: 0.39
  • Beach Type: Hard, Sand
  • Chain Acreage: 4579
  • Construction: Previously Owned
  • Mechanicals: Fuel Tank-Rented, Water Heater-Electric, Water Softener-Owned
  • Parcel Number: 55000990723000
  • Projected Closed Date: 09/26/2014
  • Range: 43.00
  • Room 18: On Level: Main
  • Section: 11.00
  • Stories: 1 Story
  • Taxes With Assessments: 5248
  • Twp Number: 137.00
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Informal Dining Room, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Master, Main Floor 3/4 Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bathrooms: 2
  • Room 2: On Level: Main
  • Room 3: On Level: Lower
  • Room 5: On Level: Main
  • Room 6: On Level: Lower
  • Room 9: On Level: Main
  • Room 11: On Level: Lower
  • Room 12: On Level: Main
  • Room 13: On Level: Main
  • Room 17: On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1400
  • Below Grade Finished Sq Ft: 1300
  • Total Square Footage: 2700

Exterior Features

  • Frontage Road: County, Paved
  • Lake Chain: Yes
  • Lake Class: Gen Development
  • Waterfront Name: Pelican
  • Construction Type: Frame/Wood
  • Exterior: Brick, Steel
  • Waterfront: Yes
  • Water Frontage: 111
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 2

Utilities

  • Cooling: Wall
  • Fuel: Electric
  • Heat: Baseboard, Radiant
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pelican Rapids #548

Lot Info

  • Estimated Lot Dimensions: 111 x 156
  • Lot/Land Description: Accessible Shoreline

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2014
  • Tax Value: 5205.5

MLS Schools

  • School District: Pelican Rapids #548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Sep 26, 2014
Seller's Agent
Barb Backstrom
Coldwell Banker Preferred Partners
Buyer's Agent
MEMBER NON
NON-MEMBER OFFICE
List Price
$629,000
Sold Price
$578,700
Premium/Discount to List
-$50,300
-8%
Current Estimated Value
$1,032,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,507
Avg. Annual Appreciation
5.46%
Original Mortgage
$475,000
Outstanding Balance
$365,337
Interest Rate
4.11%
Estimated Equity
$670,259
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
-- $578,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2014 09/26/14 Sold $578,700 -8.0% $413 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $629,000 -- $449 / 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
2025 $7,864 $1,225,100 $983,300 $241,800
2024 $7,864 $1,170,800 $935,600 $235,200
2023 $7,454 $937,600 $728,800 $208,800
2022 $7,070 $745,400 $0 $0
2021 $6,688 $937,600 $728,800 $208,800
2020 $6,872 $705,200 $547,200 $158,000
2019 $6,776 $664,200 $517,000 $147,200
2018 $6,248 $664,200 $517,000 $147,200
2017 $6,168 $605,400 $469,400 $136,000
2016 $6,118 $599,300 $469,400 $129,900
2015 $5,404 $0 $0 $0
2014 -- $562,700 $434,900 $127,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Barb Backstrom

    Coldwell Banker Preferred Partners

  • M

    Buyer's Agent in 2014

    MEMBER NON

    NON-MEMBER OFFICE

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4679321

REALTOR® Association of Southern Minnesota

APN: 55000990723000

Minnesota Otter Tail County Pelican Rapids 56572

50988 County Highway 9, Pelican Rapids, MN

This home is located at 50988 County Highway 9, Pelican Rapids, MN 56572 since 19 May 2014 and is currently estimated at $1,032,207, approximately $737 per square foot. This property was built in 1976. 50988 County Highway 9 is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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