5405 320th St Cushing, MN 56443
3
Beds
3
Baths
2,765
Sq Ft
0.5
Acres
Highlights
- 65 Feet of Waterfront
- No HOA
- 2 Car Attached Garage
- Bonus Room
- Stainless Steel Appliances
- Forced Air Heating and Cooling System
About This Home
As of May 2024Bonfires and Fun In The Sun! This custom-built home offers a spacious interior with breathtaking views of Lake Alexander! Features include: primary, main level bedroom with a private bathroom; open kitchen/living area with gorgeous rock fireplace (propane); new kitchen appliances; large lakeside windows and patio door leading to the deck; hardwood flooring; upper level bedroom with 3/4 bathroom and loft overlooking main level; full, walk-out basement to garage; 2 car attached heated garage and 2 car detached garage. Located in the heart of the Lincoln Lakes Area near nightlife and fine dining. 2 hours from the Metro and 20 minutes to the Brainerd Lakes Area.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,982
Year Built
- Built in 2002
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 62x350
- 65 Feet of Waterfront
- Lake Front
Parking
- 2 Car Attached Garage
Interior Spaces
- 2-Story Property
- Family Room
- Living Room with Fireplace
- Bonus Room
- Utility Room
- Washer
Kitchen
- Range
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 3 Bedrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Basement Window Egress
Utilities
- Forced Air Heating and Cooling System
- Propane
- Private Water Source
- Drilled Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 290645000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2024
Closed on
May 6, 2024
Sold by
Oldenburg Living Trust and Oldenburg Irene L
Bought by
Gorman Michael and Gorman Jennifer
Seller's Agent
Nikki Hirschey
Edina Realty, Inc.
Buyer's Agent
Stefanie Spillum
Central MN Realty LLC
List Price
$800,000
Sold Price
$833,000
Premium/Discount to List
$33,000
4.12%
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,243
Avg. Annual Appreciation
0.15%
Original Mortgage
$200,000
Outstanding Balance
$197,801
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$636,777
Purchase Details
Listed on
Mar 17, 2024
Closed on
May 2, 2024
Sold by
Oldenburg Living Trust Dated November 23
Bought by
Gorman Michael and Gorman Jennifer
Seller's Agent
Nikki Hirschey
Edina Realty, Inc.
Buyer's Agent
Stefanie Spillum
Central MN Realty LLC
List Price
$800,000
Sold Price
$833,000
Premium/Discount to List
$33,000
4.12%
Views
30
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$197,801
Interest Rate
7.02%
Mortgage Type
Credit Line Revolving
Estimated Equity
$636,777
Similar Home in Cushing, MN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $833,000 | Tri County Abstract | |
| Deed | $833,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $200,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2024 05/02/24 | Sold | $833,000 | +4.1% | $301 / Sq Ft |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- |
| 03/17/2024 03/17/24 | For Sale | $800,000 | -- | $289 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $5,834 | $809,300 | $216,900 | $592,400 |
| 2024 | $5,064 | $681,800 | $188,600 | $493,200 |
| 2023 | $5,064 | $603,100 | $167,900 | $435,200 |
| 2022 | $4,756 | $560,000 | $167,900 | $392,100 |
| 2021 | $4,948 | $459,900 | $167,900 | $292,000 |
| 2020 | $5,230 | $1,323,300 | $503,700 | $819,600 |
| 2019 | $4,382 | $466,000 | $167,900 | $298,100 |
| 2018 | $4,592 | $391,300 | $167,900 | $223,400 |
| 2017 | $4,402 | $384,500 | $167,900 | $216,600 |
| 2016 | $4,236 | $0 | $0 | $0 |
| 2014 | $3,576 | $0 | $0 | $0 |
| 2013 | $3,576 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Nikki Hirschey
Edina Realty, Inc.
(218) 296-0441
132 Total Sales
-
Buyer's Agent in 2024
Stefanie Spillum
Central MN Realty LLC
(763) 202-3029
120 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6504582
APN: 29.0645.000
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