Estimated payment $3,476/month
Highlights
- 360 Feet of Waterfront
- Beach Access
- Baseboard Heating
About This Home
Serene waterfront walkout Triplex on Martin Lake. First time this property is on the market. Over one acre lot with both lake and river frontage. Level areas for backyard games and firepit. Location is extremely peaceful with easy access to Twin Cities. Opportunity to make 4th unit or keep for entertaining. It is located 40 minutes of both Minneapolis and St Paul. Great potential for cabin, Airbnb, multigenerational home/cabin, investment, or redevelopment. New roof in 2018, new septic in 2021. The sky is the limit with this property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,824
Year Built
- Built in 1972
Lot Details
- 360 Feet of Waterfront
- Lake Front
- River Front
- Irregular Lot
Home Design
- Triplex
- Split Level Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Beach Access
Utilities
- Baseboard Heating
- Boiler Heating System
- Well
Additional Features
- Partially Finished Basement
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 333422310060
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,317 | $572,900 | $290,000 | $282,900 |
| 2024 | $5,317 | $565,100 | $281,300 | $283,800 |
| 2023 | $4,164 | $597,600 | $305,400 | $292,200 |
| 2022 | $3,728 | $502,800 | $195,100 | $307,700 |
| 2021 | $3,662 | $387,400 | $135,700 | $251,700 |
| 2020 | $3,492 | $361,000 | $123,600 | $237,400 |
| 2019 | $3,447 | $334,500 | $110,800 | $223,700 |
| 2018 | $3,165 | $373,200 | $0 | $0 |
| 2017 | $3,173 | $301,900 | $0 | $0 |
| 2016 | $3,157 | $286,500 | $0 | $0 |
| 2015 | -- | $286,500 | $127,700 | $158,800 |
| 2014 | -- | $262,300 | $122,800 | $139,500 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 05/14/2025 05/14/25 | Price Changed | $550,000 | -8.3% | $188 / Sq Ft |
| 04/04/2025 04/04/25 | For Sale | $600,000 | -- | $205 / Sq Ft |
Source: NorthstarMLS
MLS Number: 6692948
APN: 33-34-22-31-0060
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