$539,000 Price Analysis 20300 County Highway 25Detroit Lakes, MN 56501 2 bed 3 bath 2,039 SqFt ($264/SqFt) 8.49 acre lot. Built 1930 Listed 2024-06-03, Taxes $2,416 | ✓ USDA Eligible near Detroit Lakes, MN Restrictions may apply due to home size |
The 2 bedroom 2 bath home was updated in 2007 and offers consistent rental income. The 40x94 steel utility building could provide secure vehicle/boat storage options. The barn offers another 2380 square feet of storage as well. The main shop offers 2800 square feet of space with 14 ft sidewalls, 2 floor drains, new 12x12 insulated garage doors, a 320 square foot office space and a 40x16 lean-to with a 12x9 garage door.
Pristine LED lighting being installed. Shop has floor heat with multiple boiler options and a ceiling mounted prop ane heating plant. 3 Phase power is available. Commercial zoning will require a conditional use permit. Present CUP is trnsferable for like-kind business.
Presented by Eric Lundmark at
COUNSELOR REALTY OF DETROIT LAKES.
Property MLS #6543478 from NorthstarMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $201,800 + $47,200 $249,000 | $2,416 |
2021 | $191,900 + $47,200 $239,100 | $2,408 |
2020 | $195,000 + $52,000 $247,000 | $2,812 |
2019 | $185,600 + $52,000 $237,600 | $2,732 |
2018 | $188,700 + $44,100 $232,800 | $2,258 |
2017 | $165,700 + $44,100 $209,800 | $2,742 |
2016 | $199,200 + $44,100 $243,300 | $2,814 |
2015 | $unknown + $unknown $186,000 | $2,086 |
2014 | $unknown + $unknown $180,400 | $2,272 |
2013 | $unknown + $unknown $182,000 | $2,032 |
2012 | $unknown + $unknown $192,000 | $2,064 |
2011 | $181,100 + $46,100 $227,200 | $1,998 |
2009 | $178,000 + $50,500 $228,500 | $1,946 |
2007 | $150,431 + $45,172 $195,603 | $99 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.