Seller's Agent in 2024
Alexis Peters
Counselor Realty Detroit Lakes
(218) 850-1205
29 in this area
51 Total Sales
602 S Shore Dr Detroit Lakes, MN 56501
Estimated Value: $685,000 - $708,000
2
Beds
1
Bath
896
Sq Ft
$774/Sq Ft
Est. Value
Highlights
- 75 Feet of Waterfront
- No HOA
- Living Room
- Deck
- Den
- Storage Room
About This Home
As of March 2024Big Detroit Lake- The perfect getaway within minutes of downtown Detroit Lakes and the city beach! This 1+-bed, 1-bath cabin has a den which is currently used as second bedroom. With its open concept style and vaulted ceiling, the great room is the heart of the home. Enjoy abundant natural light and fantastic views from the wall of windows. Double doors lead to the lakeside deck, large yard, and fire pit. So many possibilities...perfect for vacation, investment, or build your forever home on this beautiful spacious lot. Included are two storage sheds and a newer aluminum dock with table, chair, ladder and jet ski lift. The property is currently utilized as a successful short-term rental.
Last Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,662
Year Built
- Built in 2002
Lot Details
- 0.45 Acre Lot
- Lot Dimensions are 75x225
- 75 Feet of Waterfront
- Lake Front
Home Design
- Slab Foundation
Interior Spaces
- 896 Sq Ft Home
- 1-Story Property
- Living Room
- Den
- Storage Room
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Dryer
- Washer
Additional Features
- Deck
- Radiant Heating System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 490124700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 20, 2023
Closed on
Mar 4, 2024
Sold by
Mechaley Shane P and Mechaley Kristi M
Bought by
Waleh Matthew D and Walch Tanis J
Seller's Agent
Alexis Peters
Counselor Realty Detroit Lakes
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$725,000
Sold Price
$687,500
Premium/Discount to List
-$37,500
-5.17%
Total Days on Market
35
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,944
Avg. Annual Appreciation
0.58%
Purchase Details
Closed on
Jul 15, 2019
Sold by
Tedford Steve R and Tedford Melissa L
Bought by
Kristi Mechaely Shane and Kristi Mechaely
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2006
Sold by
Campion Richard J and Campion Sylvia A
Bought by
Tedford Steven R and Tedford Melissa L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Waleh Matthew D | $355,000 | Title Team | |
| Kristi Mechaely Shane | $450,000 | -- | |
| Tedford Steven R | $115,000 | Becker County Title Svcs Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kristi Mechaely Shane | $400,000 | |
| Previous Owner | Tedford Steve R | $75,000 | |
| Previous Owner | Tedford Steven R | $260,000 | |
| Previous Owner | Tedford Steven R | $200,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/04/2024 03/04/24 | Sold | $687,500 | -5.2% | $767 / Sq Ft |
| 12/26/2023 12/26/23 | Pending | -- | -- | -- |
| 11/20/2023 11/20/23 | For Sale | $725,000 | -- | $809 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $6,296 | $662,700 | $475,600 | $187,100 |
| 2024 | $6,296 | $584,200 | $417,900 | $166,300 |
| 2023 | $4,806 | $460,800 | $329,900 | $130,900 |
| 2022 | $5,162 | $436,600 | $329,900 | $106,700 |
| 2021 | $5,288 | $418,000 | $314,600 | $103,400 |
| 2020 | $5,080 | $418,000 | $314,600 | $103,400 |
| 2019 | $5,250 | $393,200 | $299,200 | $94,000 |
| 2018 | $724 | $387,500 | $299,200 | $88,300 |
| 2017 | $602 | $335,800 | $248,100 | $87,700 |
| 2016 | $56 | $327,900 | $248,100 | $79,800 |
| 2015 | $220 | $332,800 | $248,100 | $84,700 |
| 2014 | -- | $299,600 | $225,500 | $74,100 |
Source: Public Records
Agents Affiliated with this Home
-
Alexis Peters
-
N
Buyer's Agent in 2024
NON-RMLS NON-RMLS
Non-MLS
Map
Source: NorthstarMLS
MLS Number: 6459747
APN: R490124700
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