NOT LISTED FOR SALE

555 Shady Shores Trail NW Pine River, MN 56474

Estimated Value: $583,000 - $735,000

4 Beds
3.5 Baths
4,486 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $539,000 $120 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,758/month

77 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Hobby Room
  • 4 Car Attached Garage
  • No HOA
  • Covered Patio or Porch
  • Living Room

About This Home

As of August 2023

This Hand Lake home offers a private, park-like setting, nestled in the trees on 1.57 acres with 150 ft of west facing shoreline. This spacious 4 bedroom, 4 bath home offers over 4,400 square feet. The main level offers many accessibility features and an open floor plan. The primary bedroom offers views of the lake, access to the deck and a large ensuite with walk-in shower. This main level also includes a laundry room a large walk-in pantry with additional sink, views to the lake and access to a 10x34 lakeside deck. You can access the heated, 2-stall garage from the main floor. The upper level offers 2 bedrooms with a full bath, a kitchenette and a large family room. The lower level has a wheel-chair lift which brings you to another family room, spacious ensuite bedroom, an office, utility area and a built-in gun safe. Outside you will find a paved driveway leading to the house and the 24x45 detached garage with heated shop. There is also a playhouse-shed and a lakeside firepit.

Last Agent to Sell the Property

Kris Biessener & Karen Tooker

Edina Realty, Inc. Listed on: 05/25/2023

Edina Realty, Inc.

Co-Listed By

Karen Tooker

Edina Realty, Inc.

Last Buyer's Agent

Shawn Pearson

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,482

Year Built

  • Built in 1997

Lot Details

  • 1.57 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Hobby Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Septic System

Community Details

  • No Home Owners Association
  • Shadywood Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 324030781

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,482

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: Reduced Height Counters, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, Stair Lift, No Stairs External, Roll-In Shower, Roll Under Accessibility
  • Water Source: Submersible - 4 Inch
  • Year Built: 1997
  • Above Grade Finished Sq Ft: 3344
  • Water Body Name: Hand Lake (Ponto Lake Twp.) (11024200)
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28x74xirreg
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Walkout
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 4486
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1142
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Family Room, Laundry, Bedroom 4, Hobby Room

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • View: Lake, South, West
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Covered
  • Lake Acres: 289
  • Lake Bottom: Weeds
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt
  • Garage Square Feet: 1008

Utilities

  • Heating: Forced Air
  • Sewer: Septic System Compliant - Yes
  • Fuel: Propane
  • Power Company: Crow Wing Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pine River-Backus
  • SchoolDistrictNumber: 2174
  • SchoolDistrictPhone: 218-587-4720

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 150x350xirreg
  • Lot Size Sq Ft: 68389.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 324030781
  • Tax Annual Amount: 2482
  • TaxWithAssessments: 2548.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Aug 14, 2023
Sold by
Nora Bolstad Revocable Trust Dated Novem
Bought by
Stoutenburg Michael and Stoutenburg Marilyn
Seller's Agent
Kris Biessener & Karen Tooker
Edina Realty, Inc.
Buyer's Agent
Shawn Pearson
LPT Realty, LLC
List Price
$599,900
Sold Price
$539,000
Premium/Discount to List
-$60,900
-10.15%
Views
170
Current Estimated Value
$636,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,799
Avg. Annual Appreciation
6.93%
Original Mortgage
$533,000
Outstanding Balance
$523,242
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$92,665

Purchase Details

Closed on
Nov 11, 2010
Sold by
Bolstad Nora
Bought by
Bolstad Nora
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
Stoutenburg Michael $539,000 --
Bolstad Nora -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoutenburg Michael $533,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $539,000 -2.0% $120 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $550,000 -6.0% $123 / Sq Ft
07/07/2023 07/07/23 Price Changed $585,000 -2.5% $130 / Sq Ft
05/25/2023 05/25/23 For Sale $599,900 -- $134 / 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 $3,246 $681,200 $116,800 $564,400
2023 $3,000 $679,700 $116,800 $562,900
2022 $2,708 $679,700 $116,800 $562,900
2021 $2,714 $494,800 $112,800 $382,000
2020 $2,616 $487,000 $139,000 $348,000
2019 $2,600 $445,500 $112,800 $332,700
2018 $926 $445,500 $112,800 $332,700
2017 $924 $445,500 $112,800 $332,700
2016 $2,464 $0 $0 $0
2015 $2,464 $449,000 $112,800 $336,200
2014 $698 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6374485

NorthstarMLS

APN: 32-403-0781