8585 Majestic Rd Pine City, MN 55063
Estimated Value: $424,041 - $446,000
2
Beds
2
Baths
1,992
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Porch
- Living Room
- No HOA
- 2 Car Attached Garage
- Parking Storage or Cabinetry
About This Home
As of May 2024This home is a single level, two bed, two bath home, set on more than 11 acres and has the absolute best country views. You'll appreciate the low cost of living through this efficiently built home that utilizes geothermal heat and cooling. Though it is a single level home it was designed with a lot of storage. This home has been constructed to accommodate two independent living spaces. Might you be looking for a duplex? Just add the second kitchen; the electricity and the plumbing are already in place. Bring your hobby farm livestock as this property had been previously used to raise bison. You will appreciate the large 30x 40 pole-shed with a concrete floor and a second one that can act as a barn or additional storage. Even the automatic waterers remain for immediate use. The location is fantastic; close to the freeway and very much in the country. There is so much potential here to develop the lifestyle you want.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,230
Year Built
- Built in 1997
Lot Details
- 11.81 Acre Lot
- Lot Dimensions are 1318x400
- Wood Fence
- Wire Fence
Parking
- 2 Car Attached Garage
- Multiple Garages
- Parking Storage or Cabinetry
- Heated Garage
- Insulated Garage
Home Design
- Metal Roof
Interior Spaces
- 1,992 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Living Room
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Geothermal Heating and Cooling
- Radiant Heating System
- Well
Additional Features
- Air Exchanger
- Porch
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 0290164002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 11, 2025
Sold by
Khatiwada Hari and Khatiwada Krishna
Bought by
Goat Farm Llc
Current Estimated Value
Purchase Details
Listed on
Apr 17, 2024
Closed on
May 21, 2024
Sold by
Beckstrand David and Douglass-Beckstrand Susan
Bought by
Khatiwada Krishna and Khatiwada Hari
Seller's Agent
Loreal Lindstrom
LPT Realty, LLC
Buyer's Agent
Josh Pomerleau
JPW Realty
List Price
$434,900
Sold Price
$425,000
Premium/Discount to List
-$9,900
-2.28%
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%
Purchase Details
Closed on
Jan 6, 2021
Sold by
Beckstrand David L and Douglass Susan K
Bought by
Beckstrand David L and Douglass Susan K
Similar Homes in Pine City, MN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goat Farm Llc | $500 | None Listed On Document | |
| Khatiwada Krishna | $425,000 | -- | |
| Beckstrand David L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Beckstrand David L | $184,000 | |
| Previous Owner | Beckstrand David L | $30,000 | |
| Previous Owner | Beckstrand David L | $168,000 | |
| Previous Owner | Beckstrand David L | $15,000 | |
| Previous Owner | Douglass Beckstrand Susan K | $143,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2024 05/21/24 | Sold | $425,000 | -2.3% | $213 / Sq Ft |
| 04/20/2024 04/20/24 | For Sale | $434,900 | -- | $218 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 | $3,230 | $402,200 | $77,000 | $325,200 |
| 2023 | $3,120 | $391,400 | $76,000 | $315,400 |
| 2022 | $3,072 | $329,800 | $61,000 | $268,800 |
| 2021 | $2,986 | $277,600 | $50,000 | $227,600 |
| 2020 | $2,810 | $255,100 | $45,500 | $209,600 |
| 2019 | $2,712 | $231,600 | $40,800 | $190,800 |
| 2018 | $2,300 | $217,500 | $36,300 | $181,200 |
| 2017 | $2,292 | $184,000 | $37,000 | $147,000 |
| 2016 | $2,260 | $181,800 | $41,500 | $140,300 |
| 2014 | $2,098 | $145,900 | $36,644 | $109,256 |
Source: Public Records
Agents Affiliated with this Home
-
Loreal Lindstrom
Seller's Agent in 2024
Loreal Lindstrom
LPT Realty, LLC
(320) 629-6855
90 Total Sales
-
Josh Pomerleau
Buyer's Agent in 2024
Josh Pomerleau
JPW Realty
(763) 463-7580
1,390 Total Sales
-
Andrew Powell
Buyer Co-Listing Agent in 2024
Andrew Powell
JPW Realty
(612) 865-3751
30 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6521451
APN: 029.0164.002
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