$360,000
SOLD OCT 28, 2024

51010 Rush Lake Way Rush City, MN 55069

2 Beds
1 Bath
588 Sq Ft
0.36 Acres

Recently Sold

$612 Per Sq Ft

10% Below List Price

19 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Lake View
  • No HOA
  • Beach Access
  • Deck
  • The kitchen features windows

About This Home

As of October 2024

Welcome to your lakeside retreat at 51010 Rush Lake Way! Positioned on a south-facing site along East Rush Lake (1359 acres), with a channel to West Rush Lake (1464 acres), this property is a water enthusiast's dream. Ideal for fishing (walleye, northern pike, bass, panfish, etc.) and water sports amidst clear waters and scenic surroundings. The serene, wooded shoreline enhances the tranquil setting. This three-season cabin features stunning lake views, a large deck, and cozy, charming interiors. Nestled at the end of the street, the lot offers potential for a larger home and garage, perfect for expanding your lakeside living or enjoy the cabin as it exists as a lovely getaway from life in the city. Less than an hour commute from Twin Cities and less than 5 min from 35E. A picturesque escape for enjoying memorable moments with family and friends.

Last Agent to Sell the Property

Joy Erickson

Edina Realty, Inc. Listed on: 08/22/2024

Edina Realty, Inc.

Co-Listed By

Kim Gillespie

Edina Realty, Inc.

Last Buyer's Agent

Joy Erickson

Edina Realty, Inc. Listed on: 08/22/2024

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,882

Year Built

  • Built in 1960

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 256x54x250x66
  • 75 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end

Home Design

  • Pitched Roof

Interior Spaces

  • 588 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • The kitchen features windows

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Space Heater
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 060118000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,882

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1960
  • Above Grade Finished Sq Ft: 588
  • Water Body Name: East Rush
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x21
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Microwave, Range, Refrigerator
  • Living Area: 588
  • Fireplace: No
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bathroom, Bedroom 1, Bedroom 2, Deck

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt, Pitched
  • View: Lake, South
  • PatioPorchType: Covered,Deck
  • Lake Acres: 1480
  • Lake Bottom: Gravel,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 75

Garage/Parking

  • Parking Features: Other
  • Garage Square Feet: 0

Utilities

  • Heating: Other, Space Heater
  • Sewer: City Sewer/Connected
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Window

Schools

  • Junior High Dist: Rush City
  • SchoolDistrictNumber: 139
  • SchoolDistrictPhone: 320-358-4855

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 256x54x250x66
  • Lot Size Sq Ft: 15681.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 060118000
  • Tax Annual Amount: 3882
  • TaxWithAssessments: 3882.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2024
Closed on
Oct 28, 2024
Sold by
Dewald Steven and Dewald Nancy
Bought by
Timonen Marcelle and Timonen Jeffrey
Seller's Agent
Joy Erickson
Edina Realty, Inc.
Buyer's Agent
Joy Erickson
Edina Realty, Inc.
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Views
16
Current Estimated Value
$376,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,110
Avg. Annual Appreciation
6.87%
Original Mortgage
$210,000
Outstanding Balance
$208,984
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$171,684
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $360,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2024 10/28/24 Sold $360,000 -10.0% $612 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
08/22/2024 08/22/24 For Sale $400,000 -- $680 / 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
2023 $3,882 $404,500 $344,000 $60,500
2022 $3,882 $344,900 $287,600 $57,300
2021 $2,348 $199,400 $0 $0
2020 $2,286 $183,400 $139,200 $44,200
2019 $2,054 $0 $0 $0
2018 $2,096 $0 $0 $0
2017 $2,070 $0 $0 $0
2016 $2,536 $0 $0 $0
2015 $2,734 $0 $0 $0
2014 -- $133,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6586404

NorthstarMLS

APN: 06-01180-00