NOT LISTED FOR SALE

940 Gull Meadows Ln East Gull Lake, MN 56401

Estimated Value: $532,229 - $723,000

5 Beds
3 Baths
3,088 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 06, 2015

Last sale price $293,000 $95 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,466/month

130 Days on Market

Highlights

  • Whirlpool Bathtub
  • Breakfast Area or Nook
  • 3 Car Attached Garage
  • Nisswa Elementary School Rated 9+
  • Cul-De-Sac
  • Bathroom on Main Level

About This Home

As of March 2015

Growing Family! This Quality home has features to impress your friends with open great room, large kitchen, high ceilings, private master suite, walkout lower level, under ground sprinklers, patio, located in prestigious neighborhood near golf courses.

Last Agent to Sell the Property

Matthew Pelphrey

Exit Lakes Realty Premier Listed on: 08/22/2014

Co-Listed By

Tamara Malan

Exit Lakes Realty Premier

Last Buyer's Agent

Matthew Pelphrey

Exit Lakes Realty Premier Listed on: 08/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • Built in 2010

Lot Details

  • 2.5 Acre Lot
  • Property fronts a county road
  • Cul-De-Sac
  • Few Trees

Home Design

  • Tri-Level Property
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

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

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 873830150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Type: Single Family
  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Amenities Exterior: Driveway - Asphalt
  • Estimated Number of Acres: 2.5
  • Assessment Balance: 66
  • Assessments: Unknown
  • Construction: Previously Owned
  • Foundation Size: 1320
  • Mechanicals: Air to Air Exchange, Water Softener-Owned
  • Parcel Number: 873830150
  • Projected Closed Date: 04/01/2015
  • Stories: Tri-Level Split
  • Street Designation: Lane
  • Taxes With Assessments: 1354
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Breakfast Nook, Combine with Kitchen, Eat-In Kitchen, Informal Dining Room
  • Appliances: Cooktop, Dishwasher, Microwave, Refrigerator, Wall Oven
  • Total Bedrooms: 5
  • Bathroom Description: Full Basement, Main Floor Full Bath, Private Master, Separate Tub & Shower, Whirlpool
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Room 1: Living Room, 24x17.5, On Level: Main
  • Room 2: Dining Room, On Level: Main
  • Room 3: Family Room, 28x16'6, On Level: Lower
  • Room 4: Kitchen, 24x15, On Level: Main
  • Room 5: Bedroom, 21x13'6, On Level: Upper
  • Room 6: Bedroom, 12x11'6, On Level: Main
  • Room 7: 12x11'6, On Level: Main
  • Room 8: Bedroom, 13x11, On Level: Lower
  • Room 9: Bedroom, 12x12, On Level: Lower
  • Room 10: Foyer, On Level: Lower
  • Room 11: Storage Room, On Level: Lower
  • Room 12: Utility Room, On Level: Upper
  • Room 13: On Level: Upper
  • Room 14: Other, On Level: Upper
  • Basement Features: Drainage System, Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1840
  • Below Grade Finished Sq Ft: 1248
  • Total Fin Square Footage: 3088

Exterior Features

  • Frontage Road: County, Paved
  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: Brainerd #181

Lot Info

  • Estimated Lot Dimensions: 345*392*17
  • Lot/Land Description: Cul De Sac, Tree Coverage - Light

Building Info

  • Year Built: 2010

Tax Info

  • Year: 2014
  • Tax Value: 1288

MLS Schools

  • School District: Brainerd #181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
Klomp Jeremy M and Klomp Sara J
Bought by
Shepherd Jessie and Shepherd Morgan
Current Estimated Value
$607,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,986
Outstanding Balance
$279,448
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$327,609

Purchase Details

Listed on
Aug 22, 2014
Closed on
Feb 12, 2015
Sold by
Norton Timothy L and Norton Dawn L
Bought by
Klomp Jeremy M and Klomp Sara J
Seller's Agent
Matthew Pelphrey
Exit Lakes Realty Premier
Buyer's Agent
Matthew Pelphrey
Exit Lakes Realty Premier
List Price
$325,000
Sold Price
$293,000
Premium/Discount to List
-$32,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$277,400
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2010
Sold by
Lakeland Construction Finance Llc
Bought by
Norton Timothy L and Norton Dawn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2006
Sold by
C & M Contractors Inc
Bought by
Lakeland Construction Finance Llc
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
Shepherd Jessie $330,000 --
Klomp Jeremy M $293,000 Lawyers Title
Norton Timothy L $25,000 Executive Title Inc
Lakeland Construction Finance Llc $383,983 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Jessie $318,986
Previous Owner Klomp Jeremy M $277,400
Previous Owner Norton Timothy L $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2015 03/06/15 Sold $293,000 -9.8% $95 / Sq Ft
12/30/2014 12/30/14 Pending -- -- --
08/22/2014 08/22/14 For Sale $325,000 -- $105 / 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 $3,078 $493,500 $72,000 $421,500
2023 $2,946 $498,100 $72,000 $426,100
2022 $2,696 $498,100 $72,000 $426,100
2021 $2,712 $332,400 $37,000 $295,400
2020 $2,796 $318,700 $37,000 $281,700
2019 $2,638 $300,400 $37,000 $263,400
2018 $2,258 $271,000 $32,000 $239,000
2017 $2,110 $271,000 $32,000 $239,000
2016 $1,642 $0 $0 $0
2015 $1,642 $212,700 $33,000 $179,700
2014 $1,288 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4667467

REALTOR® Association of Southern Minnesota

APN: 87-383-0150