NOT LISTED FOR SALE

57328 Otter Ridge Trail Big Fork, MN 56628

Estimated Value: $354,000 - $411,485

4 Beds
1 Bath
2,204 Sq Ft
$175/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $330,000 $150 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,374/month

49 Days on Market

Highlights

  • 660 Feet of Waterfront
  • No HOA
  • 1 Car Attached Garage
  • Fireplace in Primary Bedroom
  • The kitchen features windows
  • Forced Air Heating System

About This Home

As of December 2022

Beautiful 4 bed cabin sitting on the point with 2.3 acres on Lake Raddison!! This year-round cabin will not disappoint with its beautiful views and 660 ft. of sandy lake front with crystal clear water!! Enjoy premium fishing on your 203 acre lake!! After fishing, enjoy entertaining friends and family on your massive wrap around deck!! If you need room for guests, then this is the perfect setup with the upper loft that has bunk beds and 2 lower-level bedrooms with a walk out basement. A true turn key must see!!

Last Agent to Sell the Property

Robert Kuhlmann

Edina Realty, Inc. Listed on: 09/20/2022

Edina Realty, Inc.

Last Buyer's Agent

Pamela Gilhousen

COLDWELL BANKER NORTHWOODS

COLDWELL BANKER NORTHWOODS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,692

Year Built

  • Built in 2001

Lot Details

  • 2.38 Acre Lot
  • 660 Feet of Waterfront
  • Lake Front

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1.5-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Combination Kitchen and Dining Room

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Forced Air Heating System
  • 200+ Amp Service
  • Propane
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association
  • Bertas Raddison Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 564300160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,692

Year Built

Built in 2001

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 1
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Year Built: 2001
  • Above Grade Finished Sq Ft: 1495
  • Water Body Name: Raddison
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Cooktop, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Gas, Living Room, Primary Bedroom
  • Living Area: 2204
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 709
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • SqFtTotal: 2204.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Fencing: None
  • Lake Acres: 203
  • Lake Bottom: Sand
  • LakeChain: N
  • Waterfront Frontage: 660

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 336

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Electric: Circuit Breakers, 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Kitchen Window,Natural Woodwork,Vaulted Ceiling(s)

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 2.38 Acres
  • Lot Size Sq Ft: 103672.8
  • Land Lease: No
  • Lot Features: Island/Peninsula, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 564300160
  • Tax Annual Amount: 2692
  • TaxWithAssessments: 2692.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Dec 19, 2022
Sold by
Philippi Joshua and Philippi Deann
Bought by
Sherman Paul and Stokes Susan
Seller's Agent
Robert Kuhlmann
Edina Realty, Inc.
Buyer's Agent
Pamela Gilhousen
COLDWELL BANKER NORTHWOODS
List Price
$389,900
Sold Price
$330,000
Premium/Discount to List
-$59,900
-15.36%
Views
5
Current Estimated Value
$384,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,621
Avg. Annual Appreciation
5.81%
Original Mortgage
$330,000
Outstanding Balance
$320,753
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$63,868
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
Sherman Paul $330,000 --
Philippi Deann Deann $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Paul $330,000
Previous Owner Philippi Deann M $306,000
Closed Philippi Deann Deann $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $330,000 -5.7% $150 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $349,900 -5.4% $159 / Sq Ft
10/03/2022 10/03/22 Price Changed $369,900 -5.1% $168 / Sq Ft
09/19/2022 09/19/22 For Sale $389,900 -- $177 / 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 $3,532 $351,500 $164,900 $186,600
2023 $3,532 $351,500 $164,900 $186,600
2022 $2,692 $350,600 $164,000 $186,600
2021 $2,710 $210,100 $101,800 $108,300
2020 $2,860 $210,100 $101,800 $108,300
2019 $2,930 $210,100 $101,800 $108,300
2018 $2,902 $217,100 $101,000 $116,100
2017 $2,844 $0 $0 $0
2016 $3,462 $0 $0 $0
2015 $3,388 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6262873

NorthstarMLS

APN: 56-430-0160