NOT LISTED FOR SALE

7391 Rac Rd NE Longville, MN 56655

Estimated Value: $505,222 - $689,000

5 Beds
2 Baths
3,136 Sq Ft
$192/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $175,000 $56 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $3,391/month

24 Days on Market

Highlights

  • 116 Feet of Waterfront
  • Deck
  • Porch
  • Waterfront Community
  • Corner Lot
  • Patio

About This Home

As of August 2014

All the benefits of Leech Lake without high taxes. Home is located on harbor shared by only 7 properties. From one of the decks, you'll enjoy looking over the harbor and sand beach with big lake views & beautiful sunsets!. Some remodeling needed.

Last Agent to Sell the Property

Kevin Merten

Bill Hansen Realty/Longville Listed on: 06/27/2014

Last Buyer's Agent

Jed Shaw

Coldwell Banker Cedar Point

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1983

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 141x133
  • 116 Feet of Waterfront
  • Property fronts a private road
  • Corner Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding

Interior Spaces

  • 3,136 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Community Details

  • Waterfront Community

Listing and Financial Details

  • Assessor Parcel Number 074300140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,508

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities: Ceiling Fans
  • Amenities Exterior: Deck, Patio, Porch
  • Estimated Number of Acres: 0.4
  • Assessment Balance: 66
  • Chain Acreage: 117774.58
  • Construction: Previously Owned
  • Foundation Size: 1568
  • Parcel Number: 074300140
  • Projected Closed Date: 08/29/2014
  • Stories: 2 Story
  • Taxes With Assessments: 1574
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Combine with Kitchen
  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 5
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Unfinished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 3136
  • Total Fin Square Footage: 3136

Exterior Features

  • Frontage Road: Private
  • LakeAcres: 110311
  • Waterfront Name: Leech
  • Exterior: Brick, Fiber Board
  • Roof: Asphalt Shingles
  • Water Frontage: 116
  • Waterfront Description: Association Access

Utilities

  • Cooling: Wall
  • Fuel: Propane - Tank Owned
  • Heat: Baseboard
  • Sewer: Private
  • Water: Private

Schools

  • School District: Northland Community #118

Lot Info

  • Estimated Lot Dimensions: 141x133
  • Lot/Land Description: Corner Lot, Tree Coverage - Medium

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2014
  • Tax Value: 1508

MLS Schools

  • School District: Northland Community #118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2014
Closed on
Aug 29, 2014
Sold by
Fencl Betty Betty
Bought by
Singfiel Scott Scott
Seller's Agent
Kevin Merten
Bill Hansen Realty/Longville
Buyer's Agent
Jed Shaw
Coldwell Banker Cedar Point
List Price
$199,900
Sold Price
$175,000
Premium/Discount to List
-$24,900
-12.46%
Current Estimated Value
$603,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,306
Avg. Annual Appreciation
11.76%
Original Mortgage
$175,000
Outstanding Balance
$133,776
Interest Rate
4.1%
Estimated Equity
$469,530
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
Singfiel Scott Scott $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singfiel Scott Scott $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $175,000 -12.5% $56 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
06/27/2014 06/27/14 For Sale $199,900 -- $64 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $2,316 $470,700 $67,000 $403,700
2023 $2,190 $438,500 $67,000 $371,500
2022 $2,118 $438,500 $67,000 $371,500
2021 $2,252 $310,000 $63,000 $247,000
2020 $2,084 $327,500 $63,000 $264,500
2019 $1,900 $256,500 $63,000 $193,500
2018 $1,952 $258,700 $63,000 $195,700
2017 $1,476 $258,700 $63,000 $195,700
2016 $1,504 $0 $0 $0
2015 $1,504 $235,900 $73,000 $162,900
2014 $1,508 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4641180

REALTOR® Association of Southern Minnesota

APN: 07-430-0140