NOT LISTED FOR SALE

L6B2 Settler Trail Merrifield, MN 56465

Estimated Value: $51,000

5 Acres
$10,180 Price per Acre
218,236 Sq Ft Lot

Last Sold June 30, 2023

Last sale price $25,500

Est. 100% increase in value since last sale

Current estimated payment $321/month

1,179 Days on Market

About This Lot

As of June 2023

Enjoy country living in the Homestead neighborhood close to all the Brainerd Lakes Area amenities. Generously-sized lot features level topo with wooded and mostly open areas. Unpaved Settler Trl along the west side. Only a short drive to Lake Edward, North Long Lake, Gull Lake, Pelican Lake, or the Crow Wing River for fishing and water recreation. Area is saturated with trails for walking, biking, hiking, four-wheeling, and snowmobiling. See plat for exact dimensions. Owner/broker.

Last Listed By

Brett Anderson

Close-Converse Commercial Prop Listed on: 03/13/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $236

Lot Details

  • Lot Dimensions are 575x459x519x283
  • Irregular Lot
  • Unpaved Streets

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 531260020060009

Property Details

Property Type

Land

Est. Annual Taxes

$236

Lot Details

0

Listing Details

  • Type: Land
  • Development Status: Subdivided
  • FractionalOwnershipYN: No
  • Rental License?: No
  • BuilderRestrict: Open
  • Improvements: None
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: Platted

Utilities

  • Utilities: None Connected, Electricity Available, Phone Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Brainerd
  • SchoolDistrictNumber: 181
  • SchoolDistrictPhone: 218-454-6900

Lot Info

  • Topography: High Ground,Level
  • Lot Size: 575X459X519X283
  • Land Lease: No
  • Lot Features: Additional Land Available, Irregular Lot, Tree Coverage - Medium
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No

Tax Info

  • Tax Year: 2021
  • Assessor Parcel Number: 531260020060009
  • Tax Annual Amount: 236
  • TaxWithAssessments: 358.0000
  • TaxableAcres: 5.010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Anderson Chase T
Bought by
Anderson Chase T and Hausmann Michelle R
Total Days on Market
1179
Current Estimated Value
$51,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Outstanding Balance
$345,864
Interest Rate
6.85%
Mortgage Type
Construction
Estimated Equity
-$293,864

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 30, 2023
Sold by
Close Kevin and Close Teresa
Bought by
Anderson Chase
Seller's Agent
Brett Anderson
Close-Converse Commercial Prop
Buyer's Agent
Briana Williams
RE/MAX Advantage Plus
List Price
$29,500
Sold Price
$25,500
Premium/Discount to List
-$4,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.29%
Original Mortgage
$20,400
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jun 22, 2023
Sold by
Close Kevin L and Close Teresa A
Bought by
Anderson Chase
Seller's Agent
Brett Anderson
Close-Converse Commercial Prop
Buyer's Agent
Briana Williams
RE/MAX Advantage Plus
List Price
$29,500
Sold Price
$25,500
Premium/Discount to List
-$4,000
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,400
Interest Rate
6.57%
Mortgage Type
New Conventional

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
Anderson Chase T $500 Lakes Area Title Services Llc
Anderson Chase $25,500 --
Anderson Chase $25,500 Lakes Area Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Chase T $388,000
Previous Owner Anderson Chase $20,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $25,500 -7.3% --
06/05/2023 06/05/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $27,500 -6.8% --
03/22/2022 03/22/22 Price Changed $29,500 +11.3% --
07/13/2020 07/13/20 Price Changed $26,500 -3.6% --
07/10/2020 07/10/20 Price Changed $27,500 +3.8% --
04/17/2020 04/17/20 Price Changed $26,500 -10.2% --
03/13/2020 03/13/20 For Sale $29,500 -- --
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 $444 $40,300 $40,300 $0
2023 $354 $25,300 $25,300 $0
2022 $362 $28,500 $28,500 $0
2021 $358 $22,000 $22,000 $0
2020 $354 $20,900 $20,900 $0
2019 $348 $20,000 $20,000 $0
2018 $302 $20,000 $20,000 $0
2017 $408 $17,100 $17,100 $0
2016 $418 $27,000 $27,000 $0
2015 $426 $27,000 $27,000 $0
2014 $240 $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: NorthstarMLS

MLS Number: 5505942

NorthstarMLS

APN: 531260020060009