Seller's Agent in 2023
Jude Ostgarden
The Real Estate Company of Detroit Lakes
(218) 850-9498
45 in this area
74 Total Sales
918 W Lake Dr Detroit Lakes, MN 56501
Estimated Value: $493,000 - $578,000
4
Beds
3
Baths
1,572
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- 50 Feet of Waterfront
- Deck
- No HOA
- Beach Access
- Corner Lot
- 1-Story Property
About This Home
As of August 202350’ BEAUTIFUL LAKESHORE ON LITTLE DETROIT BUTTING UP TO DL’S MILE LONG WHITE SAND BEACH. THE HOME FEATURES ONE LEVEL LIVING, MAIN HOME BUILT IN 1930 AND IN NEED OF SOME TLC. NEW ADDITION IN 2007 INCLUDES MAIN BEDROOM SUITE WITH PRIVATE DOOR TO BACK YARD. BATH WITH SHOWER. 2ND BED HAS PRIVATE DOOR TO BACKYARD. 2ND BATH HAS JETTED TUB/SHOWER COMBO. DETACHED GARAGE AND SHED. FENCED YARD.
Last Agent to Sell the Property
The Real Estate Company of Detroit Lakes Listed on: 07/21/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,922
Year Built
- Built in 1930
Lot Details
- 0.34 Acre Lot
- 50 Feet of Waterfront
- Lake Front
- Vinyl Fence
- Wood Fence
- Corner Lot
Parking
- 2 Car Garage
Interior Spaces
- 1,572 Sq Ft Home
- 1-Story Property
- Combination Dining and Living Room
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Beach Access
- Deck
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- J R W Sargent Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 492492000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Aug 31, 2023
Sold by
Stelter Richard Emmanuel
Bought by
Business Builders Inc
Seller's Agent
Jude Ostgarden
The Real Estate Company of Detroit Lakes
Buyer's Agent
Lynette Conmy
Re/Max Lakes Region
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,294
Avg. Annual Appreciation
0.68%
Original Mortgage
$384,000
Outstanding Balance
$366,378
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$120,371
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Business Builders Inc | $480,000 | Title Team |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Business Builders Inc | $384,000 | |
| Previous Owner | Stelter Richard E | $105,000 | |
| Previous Owner | Stelter Richard E | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $480,000 | -3.8% | $305 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/21/2023 07/21/23 | For Sale | $499,000 | -- | $317 / 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 |
|---|---|---|---|---|
| 2025 | $4,706 | $594,600 | $325,000 | $269,600 |
| 2024 | $4,706 | $483,200 | $267,000 | $216,200 |
| 2023 | $3,922 | $373,700 | $211,900 | $161,800 |
| 2022 | $4,060 | $353,600 | $211,900 | $141,700 |
| 2021 | $3,898 | $337,600 | $201,700 | $135,900 |
| 2020 | $3,822 | $337,600 | $201,700 | $135,900 |
| 2019 | $3,222 | $327,800 | $191,700 | $136,100 |
| 2018 | $2,612 | $264,400 | $137,800 | $126,600 |
| 2017 | $2,450 | $239,200 | $92,700 | $146,500 |
| 2016 | $2,854 | $210,500 | $92,700 | $117,800 |
| 2015 | $2,848 | $253,000 | $88,600 | $164,400 |
| 2014 | -- | $224,200 | $80,500 | $143,700 |
Source: Public Records
Agents Affiliated with this Home
-
Jude Ostgarden
-
Lynette Conmy
Buyer's Agent in 2023
Lynette Conmy
RE/MAX
(218) 850-0700
36 in this area
75 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6405666
APN: R492492000
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