NOT LISTED FOR SALE

5816 N Koering Rd Brainerd, MN 56401

Estimated Value: $226,000 - $362,025

2 Beds
1 Bath
1,120 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $248,000 $221 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,945/month

12 Days on Market

Highlights

  • 1,703,196 Sq Ft lot
  • No HOA
  • Forced Air Heating System
  • Wood Burning Stove
  • 1-Story Property

About This Home

As of November 2022

One story home sitting on almost 40 acres of land and located just outside of town. The property features two bedrooms, one bathroom, an oversized detached two car garage, additional storage shed, full unfinished basement and more, a must see!

Last Agent to Sell the Property

Travis Banks

Weichert REALTORS Tower Properties Listed on: 10/06/2022

Weichert REALTORS Tower Properties

Co-Listed By

Tristan Banks

Weichert REALTORS Tower Properties

Last Buyer's Agent

Dawson Piepho

Counselor Realty Brainerd Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,592

Year Built

  • Built in 1985

Lot Details

  • 39.1 Acre Lot
  • Lot Dimensions are 1274 x 1334

Parking

  • 2 Car Garage

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 900062200000009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,592

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Well
  • Year Built: 1985
  • Above Grade Finished Sq Ft: 1120
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 28 x 40
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Unfinished
  • Living Area: 1120
  • Fireplace: No
  • Basement YN: Yes
  • SqFtTotal: 2240.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Asphalt
  • Other Structures: Storage Shed

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 1008

Utilities

  • Heating: Forced Air, Wood Stove
  • Sewer: Private Sewer
  • Electric: Circuit Breakers
  • Fuel: Propane,Wood

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1274 x 1334
  • Lot Size Sq Ft: 1703196
  • Land Lease: No
  • 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: 900062200000009
  • Tax Annual Amount: 1592
  • TaxWithAssessments: 1592.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Gangestad Leo Leroy and Gangestad Kathleen Rose
Bought by
Baker Terry Kay Gangesta
Current Estimated Value
$320,541

Purchase Details

Listed on
Oct 6, 2022
Closed on
Nov 18, 2022
Sold by
Baker Terry and Hamm Penny
Bought by
Gangestad Felix
Seller's Agent
Travis Banks
Weichert REALTORS Tower Properties
Buyer's Agent
Dawson Piepho
Counselor Realty Brainerd Lakes
List Price
$284,900
Sold Price
$248,000
Premium/Discount to List
-$36,900
-12.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$148,000
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Baker Terry Kay Gangesta -- --
Gangestad Felix $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gangestad Felix $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $248,000 -13.0% $221 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $284,900 -- $254 / 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 $2,094 $324,500 $169,600 $154,900
2023 $1,402 $250,600 $120,100 $130,500
2022 $1,592 $225,600 $107,900 $117,700
2021 $1,426 $205,400 $102,300 $103,100
2020 $1,498 $178,600 $95,200 $83,400
2019 $1,468 $167,100 $89,200 $77,900
2018 $1,250 $164,300 $89,200 $75,100
2017 $1,204 $133,837 $76,848 $56,989
2016 $1,134 $114,900 $66,000 $48,900
2015 $1,110 $111,000 $65,600 $45,400
2014 $545 $114,900 $68,500 $46,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6269240

NorthstarMLS

APN: 900062200000009