NOT LISTED FOR SALE

68441 Rhine Lake Rd Finlayson, MN 55735

Estimated Value: $431,631 - $503,000

5 Beds
4.5 Baths
5,219 Sq Ft
$92/Sq Ft Est. Value

Last Sold July 01, 2016

Last sale price $207,000 $40 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,960/month

34 Days on Market

Highlights

  • Second Kitchen
  • Deck
  • Vaulted Ceiling
  • 30 Acre Lot
  • Recreation Room
  • Traditional Architecture

About This Home

As of July 2016

The beauty of this place is unsurpassed! 5 bed/5 bath w/30 rolling acres. Easily converts to multi-family or keep it as one home with 2 open kitchens & living areas, custom cabinetry, dens, library, 3 ponds, fenced for horses, & pole building. Both the East & West Wing share all utilities with dual fuel, Steffes heat storage system, Central Air, drilled well & septic. Stunning gardens, tons of wildlife, close to fishing, kayaking, lakes & rivers, state parks, Finlayson, Sandstone and new hospital in 2017. This property offers so much for a large family, or multi-generational family allowing for each to have their own living area with a common patio, and french doors that open to each wing. This is a Must See to Appreciate Home.

Last Agent to Sell the Property

Amy Perrine

NextHome Perrine & Associates Listed on: 04/05/2016

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,764

Year Built

  • Built in 1983

Lot Details

  • 30 Acre Lot
  • Lot Dimensions are 1320 x 1000
  • Property fronts a county road
  • Unpaved Streets
  • Landscaped with Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 5,219 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Wood Flooring

Kitchen

  • Second Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Dual Heating Fuel
  • Baseboard Heating
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 270073000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,764

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From I 35 take the Finlayson Exit #195 West to Hwy 61 North to 18, West approx. 10 miles to Rhine Lake Rd., Left to property on the Left.
  • L O1 Office Phone1 Number: 651-426-1671
  • List Price/ Sq Ft: 39.66
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Vaulted Ceilings, Walk-In Closet, Main Floor Laundry, 2nd Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 5219
  • Garage Type: Detached
  • Heat: Baseboard, Dual Fuel/Off Peak, Electric
  • Reso Roof: Asphalt Shingles
  • Room 10: Rec Room
  • Room 11: Den/Office
  • Room 12: Great Room
  • Bedroom 3: Family Room
  • TotalBedrooms: 5
  • Year Built: 1983
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Main
  • RoomLevel12: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 2500
  • Basement Style: Slab
  • Bathroom 1 Level: 4
  • Bathroom Description: Full Master, Full Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, Second Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 5
  • Total Fin Square Footage: 5219
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: East Central Energy
  • Sewer: Private
  • Water: Private

Schools

  • School District: Hinckley-Finlayson #2165
  • Junior High Dist: Hinckley-Finlayson #2165

Lot Info

  • Geo Update Timestamp: 2016-04-05
  • Estimated Lot Dimensions: 1320 x 1000
  • Estimated Number of Acres: 30
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 270073000

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2020
Sold by
Matheson Jaron and Matheson Leah
Bought by
Norman Travis and Horton Leigha C
Current Estimated Value
$479,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Outstanding Balance
$213,228
Interest Rate
3%
Estimated Equity
$266,400

Purchase Details

Listed on
Apr 5, 2016
Closed on
Jul 1, 2016
Sold by
Lloyd Michele and Mccarter Valinda
Bought by
Matheson Jaran and Matheson Leah
Seller's Agent
Amy Perrine
NextHome Perrine & Associates
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$207,000
Sold Price
$207,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$270,000
Interest Rate
3.48%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lloyd Michele and Smith Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.99%
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
Norman Travis $329,000 First American Title
Matheson Jaran -- None Available
Matheson Jaron Jaron $270,000 --
Lloyd Michele $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norman Travis $50,000
Open Norman Travis $263,200
Previous Owner Matheson Jaron Jaron $270,000
Previous Owner Lloyd Michele $170,000
Previous Owner Frontczak Mark A $50,000
Previous Owner Frontczak Mark A $25,000
Previous Owner Frontczak Mark A $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2016 07/01/16 Sold $207,000 0.0% $40 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $207,000 -- $40 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,190 $523,800 $133,600 $390,200
2024 $4,194 $532,300 $120,700 $411,600
2023 $3,694 $539,600 $112,300 $427,300
2022 $3,832 $418,400 $73,700 $344,700
2021 $3,886 $358,900 $57,400 $301,500
2020 $3,594 $343,900 $56,100 $287,800
2019 $3,240 $313,800 $50,300 $263,500
2018 $3,080 $279,100 $47,800 $231,300
2017 $2,922 $267,900 $47,100 $220,800
2016 $2,770 $257,800 $46,400 $211,400
2014 $2,568 $233,800 $49,228 $184,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021284

APN: 027.0073.000