NOT LISTED FOR SALE

51188 Long Point Place McGregor, MN 55760

Estimated Value: $386,721 - $458,000

2 Beds
2 Baths
912 Sq Ft
$461/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $375,000 $411 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,314/month

13 Days on Market

Highlights

  • 180 Feet of Waterfront
  • Sauna
  • No HOA
  • Wood Burning Stove
  • 1 Fireplace
  • Living Room

About This Home

As of November 2024

Welcome to your dream retreat at 51188 Long Point Place! This exceptional property features an impressive 180 feet of pristine frontage on the stunning Big Sandy Lake, providing breathtaking views and endless recreational opportunities. At the heart of this gorgeous setting is a charming 2-bedroom, 2-bathroom cabin, complete with a walkout basement and a wrap-around front porch that invites you to relax and soak in the scenery. Nestled in a serene location, the spacious double lot is perfect for creating lasting memories with family and friends. Enjoy a beautiful sandy shoreline ideal for swimming, fishing, and soaking up the sun. Whether you envision expanding the cabin or simply want a getaway to unwind, the possibilities are endless. Don’t miss your chance to own this slice of paradise on Big Sandy Lake.

Last Agent to Sell the Property

Julia Loken

Northland Sotheby's International Realty Listed on: 10/05/2024

Northland Sotheby's International Realty

Last Buyer's Agent

Susan Erholtz

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,558

Year Built

  • Built in 1969

Lot Details

  • 0.46 Acre Lot
  • 180 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Additional Parcels

Parking

  • 2 Car Garage

Home Design

  • Cedar

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Wood Burning Stove
  • Living Room
  • Combination Kitchen and Dining Room
  • Walk-Out Basement

Kitchen

  • Built-In Oven
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Propane
  • Sand Point Well
  • Well

Community Details

  • No Home Owners Association
  • Sauna

Listing and Financial Details

  • Assessor Parcel Number 290009206

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,558

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Sand Point, Well
  • Year Built: 1969
  • Above Grade Finished Sq Ft: 549
  • Water Body Name: Big Sandy
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Cooktop, Range, Refrigerator, Wall Oven
  • Living Area: 912
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 363
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bathroom, Sauna, Bedroom 2

Beds/Baths

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

Exterior Features

  • Fencing: None
  • View: East, Lake
  • PatioPorchType: Deck,Patio
  • LakeChain: N
  • Waterfront Frontage: 180

Garage/Parking

  • Parking Features: Detached

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Sauna

Schools

  • Junior High Dist: McGregor
  • SchoolDistrictPhone: 218-768-2111

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 180x
  • Lot Size Sq Ft: 20037.6
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 290009206
  • Tax Annual Amount: 1558
  • TaxWithAssessments: 1558.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2024
Closed on
Nov 12, 2024
Sold by
Fogelberg John and Fogelberg Judith
Bought by
Hunt Matthew and Fisher Hunt Heather
Seller's Agent
Julia Loken
Northland Sotheby's International Realty
Buyer's Agent
Susan Erholtz
LPT Realty, LLC
List Price
$360,000
Sold Price
$375,000
Premium/Discount to List
$15,000
4.17%
Views
17
Current Estimated Value
$420,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,180
Avg. Annual Appreciation
10.59%
Original Mortgage
$300,000
Outstanding Balance
$296,371
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$123,809

Purchase Details

Closed on
Aug 1, 1994
Bought by
Fogelberg John J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hunt Matthew $375,000 --
Fogelberg John J $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Matthew $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $375,000 +4.2% $411 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/05/2024 10/05/24 For Sale $360,000 -- $395 / 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
2025 $1,354 $231,600 $147,200 $84,400
2024 $1,558 $227,900 $149,900 $78,000
2023 $1,336 $261,500 $177,600 $83,900
2022 $1,292 $204,900 $129,400 $75,500
2021 $1,338 $149,800 $99,600 $50,200
2020 $1,294 $151,000 $99,600 $51,400
2019 $1,240 $143,000 $97,000 $46,000
2018 $1,266 $132,600 $89,300 $43,300
2017 $1,182 $136,800 $93,500 $43,300
2016 $1,212 $128,100 $84,800 $43,300
2014 $1,198 $132,100 $85,800 $46,300
2012 $12 $148,300 $99,000 $49,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6611848

NorthstarMLS

APN: 29-0-009206