NOT LISTED FOR SALE

5623 Timber Ridge Dr NE Bemidji, MN 56601

Estimated Value: $460,000 - $507,682

4 Beds
2.5 Baths
2,904 Sq Ft
$166/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $460,000 $158 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,916/month

2 Days on Market

Highlights

  • 203 Feet of Waterfront
  • 2 Fireplaces
  • Home Office
  • Wood Burning Stove
  • No HOA
  • The kitchen features windows

About This Home

As of May 2023

If beautiful views are what you're looking for, this is the home for you! This 4 bedroom, 3 bath home sits on over 3 acres on Timber Lake with many mature trees and great privacy. Home features vaulted ceilings, open floor plan, 2 fireplaces, newly updated kitchen, large master suite, office and a fully finished walk out basement with 3 bedrooms, a family room and tons of storage. Includes a covered porch, back deck, triple attached finished heated garage, fenced garden area, perennial gardens and a wood shed. Timber lake is approximately 20' deep and is great for kayaking, canoeing, fishing and wildlife watching! This quiet neighborhood has a paved road with nearby to access to the State Park trails, the Country Club Golf Course and many other area lakes.

Last Agent to Sell the Property

Mandy Faldet

218 Real Estate Listed on: 03/15/2023

Last Buyer's Agent

Mandy Faldet

218 Real Estate Listed on: 03/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 1999

Lot Details

  • 3.37 Acre Lot
  • Lot Dimensions are 200x400x433x205x500
  • 203 Feet of Waterfront
  • Lake Front
  • Zoning described as Shoreline,Residential-Single Family

Parking

  • 3 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank

Community Details

  • No Home Owners Association
  • Timber Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 480083000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,514

Year Built

Built in 1999

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: Submersible - 4 Inch
  • Year Built: 1999
  • Above Grade Finished Sq Ft: 1452
  • Water Body Name: Unnamed Lake
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: DSL,Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Egress Window(s), Full, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Wood Burning
  • Living Area: 2904
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1452
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Primary Bathroom, Laundry, Bathroom, Office
  • SqFtTotal: 2904.00

Beds/Baths

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

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Other
  • ConstructionMaterialsDesc: Frame,Structured Insulated Panel
  • PatioPorchType: Deck,Porch
  • LakeChain: N
  • Waterfront Frontage: 203

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, Fireplace(s), Wood Stove
  • Sewer: Private Sewer
  • Fuel: Electric,Propane,Wood

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Paneled Doors,Porch,Panoramic View,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Bemidji
  • SchoolDistrictPhone: 218-333-3100

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 200x400x433x205x500
  • Lot Size Sq Ft: 146797.2
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 480083000
  • Tax Annual Amount: 3514
  • TaxWithAssessments: 3514.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
May 15, 2023
Sold by
Lawrence Jeffrey and Lawrence Lesa
Bought by
Wright Diane
Seller's Agent
Mandy Faldet
218 Real Estate
Buyer's Agent
Mandy Faldet
218 Real Estate
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
41
Current Estimated Value
$482,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,921
Avg. Annual Appreciation
2.00%
Source: Public Records

Range of Values:

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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
Wright Diane $460,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2023 05/15/23 Sold $460,000 +2.2% $158 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $450,000 -- $155 / 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 $4,506 $491,100 $71,000 $420,100
2024 $4,370 $477,200 $70,000 $407,200
2023 $4,370 $477,200 $70,000 $407,200
2022 $3,618 $413,000 $70,000 $343,000
2021 $3,618 $312,200 $57,400 $254,800
2019 $3,464 $312,200 $57,400 $254,800
2018 $3,292 $293,400 $57,400 $236,000
2016 $3,112 $264,100 $57,400 $206,700
2015 $2,990 $266,500 $0 $0
2014 $2,836 $266,500 $0 $0
2011 $2,878 $270,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6342296

NorthstarMLS

APN: 48.00830.00