NOT LISTED FOR SALE

511 S Lake St Frazee, MN 56544

Estimated Value: $170,000 - $226,000

3 Beds
2 Baths
1,568 Sq Ft
$125/Sq Ft Est. Value

Last Sold April 03, 2024

Last sale price $175,000 $112 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,205/month

195 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Living Room

About This Home

As of April 2024

Welcome to 511 Lake St. in Frazee MN! This beautiful, well cared for home boasts character and charm. The hardwood floors have been refinished. New coat of paint and new carpet being installed as well. This 3 bedroom, 2 bath home sits on a large corner lot and has a backyard that is to die for! Add in the single stall attached and single stall detached and you have all that you need! Small town living at its finest!!

Last Agent to Sell the Property

Marc Hedlund

EXIT Realty Metro Listed on: 08/17/2023

EXIT Realty Metro

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1909

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 53x217
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Garage

Home Design

  • Poured Concrete
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Schools

  • Frazee-Vergas High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Schabbehar Subdivision

Listing and Financial Details

  • Assessor Parcel Number 500473000
  • $12,881 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,040

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 53x217
  • Subdivision Name: SCHABBEHAR
  • Architectural Style: (SF) Single Family
  • Unit Levels: Two
  • Year Built: 1909
  • Roof:Architectural Shingle: Yes
  • Air Conditioning:Central: Yes
  • General Property Information Zoning3: Residential-Single Family
  • General Property Information Lot Size SqFt2: 11501.0
  • Location Tax and Other Information AssocFeeYN: No
  • Location Tax and Other Information Tax Year2: 2023
  • Location Tax and Other Information Tax Amount: 1899.79
  • Location Tax and Other Information In Foreclosure: No
  • Location Tax and Other Information Lender Owned: No
  • General Property Information Common Wall: No
  • General Property Information Manufactured Home: No
  • General Property Information New Development: No
  • General Property Information Year Built2: 1909
  • General Property Information Lot Dimensions: 53x217
  • General Property Information Below Grd Total SqFt: 755.0
  • General Property Information Total Finished Sqft2: 1568.00
  • General Property Information Fireplace YN: No
  • General Property Information Style2: (SF) Single Family
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Building Information Finished SqFt Above Ground: 1568
  • Lease Details Land Leased: Not Applicable
  • Ownership Fractional Ownership3: No
  • Amenities Unit Hardwood Floors: Yes
  • Stories Two: Yes
  • Dining Room Description SeparateFormal Dining Room: Yes
  • Lot Description:Corner Lot: Yes
  • Basement Poured Concrete: Yes
  • Topography:Wooded: Yes
  • Laundry Main Level2: Yes
  • Location Tax and Other Information High School3: Frazee-Vergas
  • General Property Information Below Grade Unfinished Area: 755
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Accessibility Features: None
  • Has Basement: Poured Concrete
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Window Features: Window Coverings
  • General Property Information Bath Three Quarters: 1
  • Appliances Range: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Lot Features: Corner Lot
  • Exclusions: None
  • Roof: Architectural Shingle
  • Window Features:Window Coverings: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Frazee-Vergas

Lot Info

  • Lot Size Sq Ft: 11501.0
  • Parcel #: 500473000
  • Zoning: Residential-Single Family

Tax Info

  • Tax Annual Amount: 3039.99
  • Tax Other Annual Assessment Amount: 12880.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Apr 3, 2024
Sold by
Jacobs Judith E and Jacobs Judy E
Bought by
Lehmann Steven and Niedenfuer Elizabeth
Seller's Agent
Marc Hedlund
EXIT Realty Metro
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$195,000
Sold Price
$175,000
Premium/Discount to List
-$20,000
-10.26%
Views
9
Current Estimated Value
$189,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,872
Avg. Annual Appreciation
1.31%

Purchase Details

Closed on
Jun 4, 2008
Sold by
Modrow Matt and Modrow Jennifer
Bought by
Jacobs Judy E

Purchase Details

Closed on
Sep 13, 2007
Sold by
Jacobs Judith E
Bought by
Modrow Matt and Modrow Jennifer
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
Lehmann Steven $175,000 The Title Team
Jacobs Judy E -- None Available
Modrow Matt $124,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Modrow Matt $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Off Market $175,000 -- --
04/03/2024 04/03/24 Sold $175,000 -10.3% $112 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
08/17/2023 08/17/23 For Sale $195,000 -- $124 / Sq Ft
Source: Fargo-Moorhead Area Association of REALTORS®

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 $2,388 $168,200 $11,600 $156,600
2024 $3,392 $172,800 $11,600 $161,200
2023 $3,310 $155,800 $11,600 $144,200
2022 $1,876 $138,200 $13,900 $124,300
2021 $2,564 $129,900 $13,900 $116,000
2020 $2,676 $129,900 $13,900 $116,000
2019 $2,438 $129,900 $13,900 $116,000
2018 $2,436 $104,900 $12,600 $92,300
2017 $2,450 $106,300 $12,600 $93,700
2016 $2,288 $100,100 $12,600 $87,500
2015 $2,288 $78,100 $11,500 $66,600
2014 -- $75,800 $11,500 $64,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fargo-Moorhead Area Association of REALTORS®

MLS Number: 7425529

APN: R500473000