NOT LISTED FOR SALE

5626 Cutgrass Ln NE Outing, MN 56662

Estimated Value: $378,000 - $552,000

2 Beds
1 Bath
956 Sq Ft
$475/Sq Ft Est. Value

Last Sold September 04, 2013

Last sale price $215,000 $225 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,533/month

468 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Eat-In Kitchen
  • Bathroom on Main Level
  • Fireplace
  • Woodwork
  • 1-Story Property

About This Home

As of September 2013

Private 2 bedroom, 1 bath retreat which has 200 ft of sandy frontage on Washburn Lake. Enjoy the feeling of owning your own private preserve as the property has just 5 neighbors on over a half mile of shoreline, and is at the end of the road.

Last Agent to Sell the Property

RASM STAFF

Coldwell Banker Burnet Listed on: 05/02/2012

Last Buyer's Agent

RASM STAFF

Coldwell Banker Burnet Listed on: 05/02/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,066

Year Built

  • Built in 1970

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 200x140x19
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Many Trees

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 956 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Fireplace
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 123550180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,066

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Natural Woodwork
  • Estimated Number of Acres: 1
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 956
  • Parcel Number: 123550180
  • Potential Short Sale: Yes
  • Stories: 1 Story
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-In Kitchen
  • Fireplace: Yes
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor 3/4 Bath
  • Total Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 15.6x18, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 4: Kitchen, 15x18, On Level: Main
  • Room 5: Bedroom, 13x14.9, On Level: Main
  • Room 6: Bedroom, 12x13.8, On Level: Main
  • Basement Style: Crawl Space
  • Finished Above Grade Sq Ft: 956
  • Total Fin Square Footage: 956

Exterior Features

  • Frontage Road: City, Private
  • LakeAcres: 1590.19
  • Waterfront Name: Washburn
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 200
  • Waterfront Description: Lake

Utilities

  • Fuel: Propane - Tank Owned
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 200x140x19
  • Lot/Land Description: Tree Coverage - Heavy

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2012
  • Tax Value: 2066

MLS Schools

  • School District: Northland Community #118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Sep 4, 2013
Sold by
Healy Timothy J and Healy Kathleen D
Bought by
Patterson David and Patterson Sarah
Seller's Agent
RASM STAFF
Coldwell Banker Burnet
Buyer's Agent
RASM STAFF
Coldwell Banker Burnet
List Price
$224,500
Sold Price
$215,000
Premium/Discount to List
-$9,500
-4.23%
Current Estimated Value
$454,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,573
Avg. Annual Appreciation
6.25%
Original Mortgage
$172,000
Interest Rate
4.29%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Patterson David $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Patterson David $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2013 09/04/13 Sold $215,000 -4.2% $225 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
05/02/2012 05/02/12 For Sale $224,500 -- $235 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,894 $347,400 $233,400 $114,000
2023 $1,654 $314,700 $203,900 $110,800
2022 $1,972 $314,700 $203,900 $110,800
2021 $2,120 $273,300 $199,900 $73,400
2020 $2,132 $290,000 $220,900 $69,100
2019 $2,182 $281,000 $220,900 $60,100
2018 $2,208 $274,600 $220,900 $53,700
2017 $2,202 $274,600 $220,900 $53,700
2016 $1,812 $0 $0 $0
2015 $1,812 $259,000 $204,600 $54,400
2014 $1,866 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4125488

REALTOR® Association of Southern Minnesota

APN: 12-355-0180