NOT LISTED FOR SALE

51338 County Highway 9 Pelican Rapids, MN 56572

Estimated Value: $651,000 - $679,000

5 Beds
1.5 Baths
1,517 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $601,000 $396 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,779/month

18 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Newly Remodeled
  • Living Room
  • Beach Access
  • No HOA
  • Tankless Water Heater

About This Home

As of September 2023

PELICAN LAKE Four or five bedroom, two bathroom home under construction on the north shore of Pelican Lake. 50' of lake frontage adjacent to a 50' vacant right of way lot with hard sand shoreline on a nice level lot. The original cabin was lifted and a concrete block foundation crawl space with concrete floor was installed and a large addition added to the home. Total square footage when finished will be 1,517 square feet. Walls of the original cabin are stripped to the studs. The new addition is comprised of 2''x6'' studs. All new windows, new siding, new metal roof, new electrical wiring, new plumbing rough in and electric on demand water heater. New Septic holding tank in 2016. This is a perfect opportunity for you to put your desired finishing touches on your new lake home.

Last Agent to Sell the Property

Gene Anderson

Cormorant Realty Inc Listed on: 08/11/2023

Last Buyer's Agent

Member Non

NON MEMBER FILE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,966

Year Built

  • Built in 1929 | Newly Remodeled

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 50x155
  • 50 Feet of Waterfront

Parking

  • 1 Car Garage

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,517 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Beach Access

Utilities

  • No Cooling
  • Private Water Source
  • Well
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Pelican Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55000990388000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,966

Year Built

Built in 1929 | Newly Remodeled

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Water Source: Private, Well
  • Year Built: 1929
  • Water Body Name: Pelican
  • Unit Levels: One
  • New Construction: Yes
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Crawl Space
  • Appliances: Electric Water Heater, Tankless Water Heater
  • Living Area: 1517
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Roof: Metal
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Detached

Utilities

  • Sewer: Private Sewer

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • Lot Size: 50x155
  • Lot Size Sq Ft: 19602
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 55000990388000
  • Tax Annual Amount: 2966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Sep 28, 2023
Sold by
Landblom Florence
Bought by
Sgm Capital Llc
Seller's Agent
Gene Anderson
Cormorant Realty Inc
Buyer's Agent
Member Non
NON MEMBER FILE
List Price
$601,000
Sold Price
$601,000
Views
20
Current Estimated Value
$665,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,955
Avg. Annual Appreciation
5.06%
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
Sgm Capital Llc $601,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2023 09/28/23 Sold $601,000 0.0% $396 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $601,000 -- $396 / 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 $3,432 $641,200 $471,800 $169,400
2024 $2,966 $530,800 $450,500 $80,300
2023 $3,046 $417,800 $350,600 $67,200
2022 $3,072 $304,600 $0 $0
2021 $2,808 $417,800 $350,600 $67,200
2020 $2,886 $308,700 $258,800 $49,900
2019 $2,632 $275,300 $244,500 $30,800
2018 $2,414 $275,300 $244,500 $30,800
2017 $2,404 $246,600 $225,800 $20,800
2016 $2,396 $247,700 $225,800 $21,900
2015 $2,288 $0 $0 $0
2014 -- $230,800 $209,200 $21,600
Source: Public Records

Agents Affiliated with this Home

  • Gene Anderson

    Seller's Agent in 2023

    Gene Anderson

    Cormorant Realty Inc

    (701) 730-2250

    85 Total Sales

    Gene Anderson
    Section Image

  • M

    Buyer's Agent in 2023

    Member Non

    NON MEMBER FILE

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Map

Source: NorthstarMLS

MLS Number: 7425424

NorthstarMLS

APN: 55000990388000

Minnesota Otter Tail County Pelican Rapids 56572

51338 County Highway 9, Pelican Rapids, MN

This home is located at 51338 County Highway 9, Pelican Rapids, MN 56572 since 11 August 2023 and is currently estimated at $665,955, approximately $438 per square foot. This property was built in 1929. 51338 County Highway 9 is a home located in Otter Tail County with nearby schools including Viking Elementary School and Pelican Rapids Secondary School.

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