NOT LISTED FOR SALE

5500 Seaburg Rd SE Osakis, MN 56360

Estimated Value: $801,696 - $948,000

4 Beds
2 Baths
3,648 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 12, 2023

Last sale price $765,000 $210 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,905/month

93 Days on Market

Highlights

  • 151 Feet of Waterfront
  • Beach Access
  • Main Floor Primary Bedroom
  • Osakis Secondary School Rated 9+
  • Recreation Room
  • 2 Fireplaces

About This Home

As of September 2023

BUYER FINANCING FELL THROUGH! Back on the Market! Great opportunity to own an AMAZING furnished lake home for your family AND an established 5 Star VRBO business w/incredible cashflow and potential. Currently rented several weeks/wknds w/over $69,000 in bookings for 2023. Comes fully furnished w/all personal property incl. pontoon, lift, dock, kayaks, paddle boards, water trampoline, all furniture, bedding, dishes, decor, and more! Everything top of the line and in great condition! An unbelievable 4 BR/2 BA Victorian w/ 151' of stunning shoreline. Entire home renovated (down to the studs) in 2001. Open floor plan, vaulted ceilings, gourmet kitchen, stone fp. Large BR's w/built-ins, spacious loft, huge lower level. New roof, newer furnace and A/C. Wrap-around porch/gazebo, large deck, paved driveway, 3-tier tree house, heated 3-car garage, usable yard w/fire pit area. Sandy beach, gorgeous sunsets! Only 2 hrs from Twin Cities! Quick close available, take advantage of immediate revenue!

Last Agent to Sell the Property

Pablo Borean

Coldwell Banker Realty Listed on: 05/12/2023

Coldwell Banker Realty

Last Buyer's Agent

Lorinda Davis

Dane Arthur Real Estate Agency-Crosslake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,200

Year Built

  • Built in 1975

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 139x290x151x300
  • 151 Feet of Waterfront
  • Lake Front
  • Many Trees
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 3 Car Garage
  • Heated Garage
  • Insulated Garage
  • Driveway

Home Design

  • Aluminum Siding
  • Cedar

Interior Spaces

  • 1.5-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Loft
  • Home Gym

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Partial Basement
  • Block Basement Construction
  • Basement Storage

Outdoor Features

  • Beach Access
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Well
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association
  • Shady Glenn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 480067000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,200

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Well
  • Year Built: 1975
  • Above Grade Finished Sq Ft: 2040
  • Water Body Name: Smith
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: Yes
  • InternetOptions: Fiber Optic
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Partial, Storage/Locker, Walkout
  • Appliances: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Brick, Wood Burning
  • Living Area: 3648
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1608
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Great Room, Loft, Recreation Room, Laundry, Gazebo, Exercise Room, Family Room

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age 8 Years or Less
  • Fencing: None
  • View: Lake
  • Other Structures: Other
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Deck,Wrap Around
  • Lake Bottom: Hard,Sand,Soft,Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 151

Garage/Parking

  • Parking Features: Detached, Driveway - Other Surface, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Security System,Boat Slip,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Osakis
  • SchoolDistrictPhone: 320-859-2191

Lot Info

  • Topography: Sloped,Walkout
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 139x290x151x300
  • Lot Size Sq Ft: 42688.8
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Aluminum Siding, Cedar

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 480067000
  • Tax Annual Amount: 5200
  • TaxWithAssessments: 5200.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2023
Closed on
Aug 25, 2023
Sold by
Murray Rashid M and Murray Melissa S
Bought by
Viland Michael and Viland Karla
Seller's Agent
Pablo Borean
Coldwell Banker Realty
Buyer's Agent
Lorinda Davis
Dane Arthur Real Estate Agency-Crosslake
List Price
$765,000
Sold Price
$765,000
Views
95
Current Estimated Value
$854,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,174
Avg. Annual Appreciation
5.12%
Original Mortgage
$450,000
Outstanding Balance
$439,482
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$414,692

Purchase Details

Closed on
May 25, 2011
Sold by
Anderson Christopher J and Anderson Terri L
Bought by
Murray Rashid M and Murray Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.96%
Mortgage Type
New Conventional
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
Viland Michael $765,000 Edina Realty Title
Murray Rashid M $340,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Viland Michael $450,000
Previous Owner Murray Rashid M $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $765,000 0.0% $210 / Sq Ft
08/14/2023 08/14/23 Pending -- -- --
07/17/2023 07/17/23 For Sale $765,000 0.0% $210 / Sq Ft
06/22/2023 06/22/23 Off Market $765,000 -- --
05/16/2023 05/16/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $765,000 -- $210 / 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 $4,728 $620,200 $145,000 $475,200
2024 $4,728 $588,700 $145,000 $443,700
2023 $5,608 $533,100 $124,600 $408,500
2022 $5,200 $490,300 $118,900 $371,400
2021 $5,120 $444,200 $113,300 $330,900
2020 $4,158 $422,000 $102,000 $320,000
2019 $3,782 $405,800 $93,400 $312,400
2018 $3,844 $356,200 $80,900 $275,300
2017 $3,794 $346,100 $80,900 $265,200
2016 $3,730 $329,315 $78,473 $250,842
2015 $3,876 $0 $0 $0
2014 -- $324,600 $77,000 $247,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6369673

NorthstarMLS

APN: 48-0067-000