NOT LISTED FOR SALE

5355 320th St Cushing, MN 56443

Estimated Value: $854,735 - $960,000

4 Beds
3 Baths
2,857 Sq Ft
$323/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $819,750 $287 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,600/month

12 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake View
  • Loft
  • Beach Access
  • Main Floor Primary Bedroom
  • Great Room

About This Home

As of June 2023

Spectacular "Million Dollar" views on Lake Alexander! Imagine sitting on the patio and relaxing with your morning coffee while looking out over the lake and planning the activities of the day! Step inside and you will be greeted with a wall of lakeside windows for more incredible lake views! Open concept living features, vaulted ceilings, beautiful stone fireplace, ceramic tile, stainless appliances and rope lighting that adds so much warmth in the evenings. Spacious main floor primary suite, upper-level features 3 more bedrooms, office space and a loft area. This home also features in-floor heat, 2 boilers, one propane and one electric with dual fuel rate, portable generator ready, upgraded septic, and a must have 70x30 garage! Amazing lake views, sand lake bottom beyond the rock rip rap shoreline, beautiful landscaping with dock and Home Warranty included!

Last Listed By

Brad Wadsten

Edina Realty, Inc. Listed on: 05/19/2023

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,640

Year Built

  • Built in 1999

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 50x330
  • 50 Feet of Waterfront
  • Lake Front

Parking

  • 6 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2,857 Sq Ft Home
  • 1.5-Story Property
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Loft
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Hot Water Heating System
  • Boiler Heating System
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 290633000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,640

Year Built

Built in 1999

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Ductless Mini-Split
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Well
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 2857
  • Water Body Name: Alexander
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Gas, Living Room
  • Living Area: 2857
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Kitchen, Dining Room, Great Room, Bedroom 1, Walk In Closet, Loft, Bedroom 2, Bedroom 3, Bedroom 4, Office, Laundry
  • SqFtTotal: 3048.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake, Panoramic, South
  • Other Structures: Additional Garage
  • PatioPorchType: Patio
  • Lake Acres: 2708
  • Lake Bottom: Gravel,Rocky,Sand
  • LakeChain: N
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Detached, Concrete, Garage Door Opener
  • Garage Square Feet: 2100

Utilities

  • Heating: Boiler, Dual, Fireplace(s), Hot Water, Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Dock,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Panoramic View,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Pillager
  • SchoolDistrictNumber: 116
  • SchoolDistrictPhone: 218-746-3772

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50x330
  • Lot Size Sq Ft: 17424
  • 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: Log Siding, Metal Siding, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 290633000
  • Tax Annual Amount: 4640
  • TaxWithAssessments: 4640.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Jun 28, 2023
Sold by
Severson John A and Severson Carol J
Bought by
Schultz Douglas and Schultz Tammy
Seller's Agent
Brad Wadsten
Edina Realty, Inc.
Buyer's Agent
Eric Freiholtz
Sandelands Realty
List Price
$825,000
Sold Price
$819,750
Premium/Discount to List
-$5,250
-0.64%
Total Days on Market
12
Views
26
Current Estimated Value
$922,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,934
Avg. Annual Appreciation
6.20%
Original Mortgage
$655,800
Outstanding Balance
$529,369
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$386,894

Purchase Details

Closed on
Feb 23, 2017
Bought by
Severson John and Severson Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.12%

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
Schultz Douglas $819,751 Edina Realty Title
Severson John $390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Douglas $655,800
Previous Owner Severson John A $125,000
Previous Owner Severson John $300,000
Previous Owner Galbraith Margaret P $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2023 06/28/23 Sold $819,750 -0.6% $287 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $825,000 -- $289 / 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
2024 $5,524 $806,800 $170,000 $636,800
2023 $5,524 $651,900 $151,500 $500,400
2022 $4,640 $539,900 $151,500 $388,400
2021 $4,670 $448,600 $151,500 $297,100
2020 $5,016 $1,268,400 $454,500 $813,900
2019 $4,190 $446,700 $151,500 $295,200
2018 $4,474 $375,000 $151,500 $223,500
2017 $198 $375,000 $151,500 $223,500
2016 $4,090 $0 $0 $0
2014 $3,144 $0 $0 $0
2013 $3,144 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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