NOT LISTED FOR SALE

8742 N Grace Lake Rd SE Bemidji, MN 56601

Estimated Value: $530,000 - $576,000

3 Beds
2 Baths
2,122 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $495,000 $233 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,387/month

91 Days on Market

Highlights

  • 100 Feet of Waterfront
  • 1 Fireplace
  • Living Room
  • Lincoln Elementary School Rated 9+
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

Beautiful south facing views of Grace Lake from the wonderfully maintained and updated 3BR/2BA home. Sit in the new four season sunroom, the patio or the deck right at the water's edge. Owner's bedroom faces the lake and has direct access to the sunroom. New gas insert in the living room fireplace. 3rd bedroom is a spacious loft with lots of room for guests and has its own bathroom. Almost new roof and septic system. Note: dock on left does not stay. Dock on right and hot tub are negotiable. As of listing date Grace Lake has no invasive species in it.

Last Agent to Sell the Property

Mark Dickinson

Century 21 Dickinson Listed on: 08/08/2022

Century 21 Dickinson

Last Buyer's Agent

Dan Anderson

Move it Real Estate Group/Lake

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,434

Year Built

  • Built in 1983

Lot Details

  • 1.96 Acre Lot
  • Lot Dimensions are 100x350
  • 100 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Interior Spaces

  • 2,122 Sq Ft Home
  • 1.5-Story Property
  • 1 Fireplace
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • Propane
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 140064600

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,434

Year Built

Built in 1983

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 1983
  • Above Grade Finished Sq Ft: 2122
  • Water Body Name: Grace
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Living Area: 2122
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • View: Lake
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 859
  • Lake Bottom: Hard
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 10-15
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 780

Utilities

  • Heating: Baseboard, Forced Air, Fireplace(s)
  • Sewer: Mound Septic
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Bemidji
  • SchoolDistrictNumber: 31
  • SchoolDistrictPhone: 218-333-3100

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x350
  • Lot Size Sq Ft: 85377.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 140064600
  • Tax Annual Amount: 3434
  • TaxWithAssessments: 3434.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Dec 15, 2022
Sold by
Weigand A A and Weigand K
Bought by
Salamone Edward and Tostenson Mary
Seller's Agent
Mark Dickinson
Century 21 Dickinson
Buyer's Agent
Dan Anderson
Move it Real Estate Group/Lake
List Price
$639,000
Sold Price
$495,000
Premium/Discount to List
-$144,000
-22.54%
Current Estimated Value
$559,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,859
Avg. Annual Appreciation
3.53%
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
Salamone Edward $495,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $495,000 -22.5% $233 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $639,000 -- $301 / 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 $4,320 $472,900 $161,500 $311,400
2023 $4,320 $472,900 $161,500 $311,400
2022 $3,680 $422,900 $160,100 $262,800
2021 $3,680 $318,700 $129,000 $189,700
2019 $3,436 $318,700 $129,000 $189,700
2018 $3,414 $293,000 $119,500 $173,500
2016 $3,306 $276,800 $119,500 $157,300
2015 $3,058 $276,600 $0 $0
2014 $2,950 $263,900 $0 $0
2011 $2,988 $267,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6246594

NorthstarMLS

APN: 14.00646.00