NOT LISTED FOR SALE

7939 Ridge Rd Unit 2 Nisswa, MN 56468

Estimated Value: $878,107 - $1,047,000

4 Beds
3 Baths
3,207 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $770,000 $240 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,954/month

11 Days on Market

Highlights

  • 228 Feet of Waterfront
  • Dock Facilities
  • Living Room with Fireplace
  • Nisswa Elementary School Rated 9+
  • Beach
  • Sun or Florida Room

About This Home

As of August 2023

Enjoy Gull Lake with maintenance free living! This stunning Stoneridge townhome built in 2003 offers an open floor plan and 9’ ceilings with 4 bedrooms, 3 bathrooms, spacious family rooms, a wet bar, 2 fireplaces, and a 2-car garage. A meticulous lightly-used home with all new appliances adds to the appeal of this exceptional property with single-level living possibilities. Experience lake living with 224’ of shared association shoreline on 9.6 acres that includes scenic views, a beach, fish-cleaning house, dock, and a personal boat slip on Gull Lake. Enjoy the beautiful association-owned club house for neighborhood events or private use for the 14 townhome members. Excellent location provides easy access to Gull, Upper Gull, and the chain of lakes. Located on a quiet road just a step away from lovely nature and trails at Fritz Loven Park.

Last Agent to Sell the Property

Jeff Torfin

Positive Realty Listed on: 07/17/2023

Last Buyer's Agent

John Kerber

Kerber Castle Realty Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,038

Year Built

  • Built in 2003

Lot Details

  • 348 Sq Ft Lot
  • Lot Dimensions are 43x87x43x87
  • 228 Feet of Waterfront
  • Lake Front
  • Many Trees

HOA Fees

  • $470 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Pitched Roof
  • Cedar

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Sitting Room
  • Dining Room
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Finished Basement

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

Outdoor Features

  • Dock Facilities
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Private Water Source
  • Well

Listing and Financial Details

  • Assessor Parcel Number 903730110

Community Details

Overview

  • Association fees include beach access, maintenance structure, dock, hazard insurance, lawn care, ground maintenance, parking, trash, shared amenities, snow removal
  • Gullridge On Gull Owners Association, Phone Number (616) 616-2777
  • Cic 15 Subdivision

Recreation

  • Beach

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,038

Year Built

Built in 2003

Lot Details

0

HOA Fees

$470 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private, Well
  • Association Amenities: Beach, Dock, Other, Patio
  • Fee Frequency: Monthly
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 1696
  • Water Body Name: Upper Gull
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Walkout
  • Fireplace Features: Gas, Living Room
  • Living Area: 3207
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1511
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Sun Room, Sitting Room, Other Room, Laundry, Walk In Closet
  • Shared Rooms: Amusement/Party Room,Club House

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt, Pitched
  • PoolFeatures: None
  • View: East, Lake, Panoramic
  • PatioPorchType: Deck,Rear Porch,Screened
  • Lake Bottom: Hard,Sand,Soft,Undeveloped,Weeds
  • LakeChain: Y
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 228
  • Lake Chain Acreage: 13497
  • Lake Chain Name: Gull

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Paved, Unassigned

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Maintenance Structure, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Trash, Shared Amenities, Snow Removal
  • Phone: 616-616-2777
  • Association Fee: 470
  • Association: Yes
  • Amenities Unit: Deck,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Wet Bar

Association/Amenities

  • HOA Management Co: Gullridge on Gull Owners Association

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 43x87x43x87
  • Lot Size Sq Ft: 348.48
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 903730110
  • Tax Annual Amount: 5038
  • TaxWithAssessments: 5104.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Aug 28, 2023
Sold by
Cassidy Daniel and Cassidy Anita
Bought by
Schoenber Dale and Schoenberg Michelle
Seller's Agent
Jeff Torfin
Positive Realty
Buyer's Agent
John Kerber
Kerber Castle Realty Group
List Price
$744,900
Sold Price
$770,000
Premium/Discount to List
$25,100
3.37%
Views
129
Current Estimated Value
$952,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,777
Avg. Annual Appreciation
10.31%
Original Mortgage
$616,000
Outstanding Balance
$602,935
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$349,842

Purchase Details

Closed on
Aug 18, 2020
Sold by
Veracity Investments Llc
Bought by
Cassidy Ft

Purchase Details

Closed on
Feb 12, 2010
Sold by
Friesen Todd M and Friesen Marcia J
Bought by
Veracity Investmetns Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.11%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Schoenber Dale $770,000 --
Cassidy Ft $480,000 None Available
Veracity Investmetns Llc $480,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoenber Dale $616,000
Previous Owner Veracity Investmetns Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $770,000 +3.4% $240 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $744,900 -- $232 / 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 $5,674 $745,800 $237,000 $508,800
2023 $4,466 $620,800 $112,000 $508,800
2022 $4,872 $620,800 $112,000 $508,800
2021 $4,474 $499,600 $108,000 $391,600
2020 $4,534 $449,300 $108,000 $341,300
2019 $4,474 $453,600 $108,000 $345,600
2018 $3,794 $412,900 $98,000 $314,900
2017 $3,774 $412,900 $98,000 $314,900
2016 $3,720 $0 $0 $0
2015 $3,720 $412,000 $108,000 $304,000
2014 $3,612 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6403078

NorthstarMLS

APN: 90-373-0110