NOT LISTED FOR SALE

51856 County Highway 51 Frazee, MN 56544

Estimated Value: $136,000 - $150,000

5 Acres
$28,336 Price per Acre
222,156 Sq Ft Lot

Last Sold September 18, 2023

Last sale price $145,000

Current estimated payment $835/month

Highlights

  • 204 Feet of Waterfront
  • Perham Senior High School Rated A-
  • No HOA

About This Lot

As of September 2023

Check out this rare opportunity! This beautifully private 5.1 acre lot on Dead Lake, Otter Tail County offers plenty of room to build your upscale, north country retreat. It provides a nice slope to the lake. The Covenants allow one seasonal travel trailer up to five consecutive years, which will allow you time to park your camper and build your dream cabin! Dead Lake is best known for it's amazing fishing, water foul hunting, and most importantly privacy. The lake property has so much to offer, don't miss out on this one! Please schedule a showing if interested in property.

Last Listed By

Megan McNeil

Edina Realty, Inc. Listed on: 08/14/2023

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $412

Lot Details

  • 204 Feet of Waterfront
  • Lake Front

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 30000010004009

Property Details

Property Type

Land

Est. Annual Taxes

$412

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Raw Land
  • Water Body Name: Dead Lake (56038300)
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Abstract,Survey Stakes

Exterior Features

  • Fencing: None
  • Lake Acres: 7534
  • Lake Bottom: Sand,Undeveloped,Weeds
  • LakeChain: N
  • Waterfront Frontage: 204
  • Soil Type: Loam,Sand

Utilities

  • Utilities: Electricity Connected, None Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictNumber: 549
  • SchoolDistrictPhone: 218-346-4501

Lot Info

  • Topography: Sloped
  • Waterfront YN: Yes
  • Lot Size: 200x1000+
  • Land Lease: No
  • Lot Features: Tree Coverage - Heavy
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 30000010004009
  • Tax Annual Amount: 412
  • TaxWithAssessments: 412.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2023
Closed on
Sep 18, 2023
Sold by
Buchfink Jay and Mcgraw Heidi
Bought by
Herzog Mike
Seller's Agent
Megan McNeil
Edina Realty, Inc.
Buyer's Agent
Jay Schurman
Re/Max Lakes Region
List Price
$145,000
Sold Price
$145,000
Total Days on Market
0
Views
4
Current Estimated Value
$144,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$488
Avg. Annual Appreciation
3.96%

Purchase Details

Closed on
May 3, 2021
Sold by
Schwichtenberg Keith J and Schwichtenberg Joan
Bought by
Buchfink Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,500
Interest Rate
3.1%
Mortgage Type
Construction

Range of Values:

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ICE

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Average Value
Not Available
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
Herzog Mike $145,000 --
Buchfink Jay A $120,000 Consolidated Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buchfink Jay A $83,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $145,000 0.0% --
08/18/2023 08/18/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $145,000 -- --
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
2024 $396 $60,900 $60,900 $0
2023 $412 $58,200 $58,200 $0
2022 $346 $41,200 $0 $0
2021 $334 $58,200 $58,200 $0
2020 $340 $36,600 $36,600 $0
2019 $354 $36,600 $36,600 $0
2018 $386 $36,600 $36,600 $0
2017 $392 $37,900 $37,900 $0
2016 $402 $37,900 $37,900 $0
2015 $364 $0 $0 $0
2014 -- $37,900 $37,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6416451

NorthstarMLS

APN: 30000010004009