NOT LISTED FOR SALE

8376 Gullwood Rd Nisswa, MN 56468

Estimated Value: $1,964,000 - $2,716,615

6.24 Acres
$356,764 Price per Acre
271,814 Sq Ft Lot

Last Sold November 08, 2013

Last sale price $750,000 $627 Per Sq Ft

Est. 197% increase in value since last sale

Current estimated payment $13,731/month

105 Days on Market

Highlights

  • 276 Feet of Waterfront
  • Agricultural
  • Level Lot
  • Nisswa Elementary School Rated 9+

About This Lot

As of November 2013

Once in a lifetime property on Gull Lake. This property features over 270' of lakeshore & is 6+ wooded acres. There is a small 3 BR cabin on the is property. This is a hard to find large, dividable lot on Gull!

Last Agent to Sell the Property

Chad Schwendeman

Exit Lakes Realty Premier Listed on: 06/10/2013

Last Buyer's Agent

Kevin Kruchten

Edina Realty, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $20,340

Lot Details

  • 6.24 Acre Lot
  • 276 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Finished Lot(s)

Farming

  • Agricultural

Utilities

  • Private Company Owned Well
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 900212206

Property Details

Property Type

Land

Est. Annual Taxes

$20,340

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Homestead
  • Sub Type: Agriculture
  • Assessment Balance: 66
  • Chain Acreage: 13497
  • Parcel Number: 900212206
  • Projected Closed Date: 11/15/2013
  • Street Designation: Road
  • Taxes With Assessments: 8394
  • Estimated Number of Acres: 6.24
  • Development Status: Finished Lot
  • Topography: Level, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 10117
  • Waterfront Name: Gull
  • Waterfront: Yes
  • Water Frontage: 276
  • Waterfront Description: Lake

Utilities

  • On Site Utilities: Electric, Natural Gas, Private Septic, Private Well

Schools

  • School District: Brainerd #181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2021
Sold by
Dahi Andrew J and Paisiey Marisha L
Bought by
Campfire Cabins Llc
Current Estimated Value
$2,226,205

Purchase Details

Closed on
Jun 1, 2018
Sold by
Elsenpeter John John
Bought by
Lundeen Thomas Thomas and Lundeen Nancy Nancy

Purchase Details

Closed on
May 31, 2018
Sold by
Elsenpeter John P and Elsenpeter Corr-Elsenpeter J
Bought by
Lundeen Thomas S and Lundeen Nancy J

Purchase Details

Listed on
Jun 10, 2013
Closed on
Nov 8, 2013
Sold by
Elsenpeter John P and Elsenpeter Josephine L Corr
Bought by
Traut Homes Inc
Seller's Agent
Chad Schwendeman
Exit Lakes Realty Premier
Buyer's Agent
Kevin Kruchten
Edina Realty, Inc.
List Price
$949,900
Sold Price
$750,000
Premium/Discount to List
-$199,900
-21.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.43%
Original Mortgage
$337,000
Interest Rate
4.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Campfire Cabins Llc $1,150,000 First American Title
Lundeen Thomas Thomas $2,300,000 --
Lundeen Thomas S $2,300,000 --
Traut Homes Inc -- Non Available
-- $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elsenpeter John Paul $1,250,000
Previous Owner -- $337,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2013 11/08/13 Sold $750,000 -21.0% $627 / Sq Ft
09/23/2013 09/23/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $949,900 -- $794 / 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 $20,340 $2,526,700 $1,169,200 $1,357,500
2023 $19,646 $2,534,700 $1,173,300 $1,361,400
2022 $21,074 $2,534,700 $1,173,300 $1,361,400
2021 $19,846 $1,955,700 $738,000 $1,217,700
2020 $19,982 $1,799,300 $738,000 $1,061,300
2019 $16,318 $1,527,000 $671,700 $855,300
2018 $13,798 $1,409,800 $637,700 $772,100
2017 $13,558 $1,409,800 $637,700 $772,100
2016 $7,054 $0 $0 $0
2015 $7,054 $717,300 $640,500 $76,800
2014 $5,174 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4521623

REALTOR® Association of Southern Minnesota

APN: 90-021-2206