5 months on rocket

45227 316th Ave, Vergas, MN, 56587

$549,900

Home List Price

$6,530*

Closing Credit

1 Bath
2,250 SqFt
$244/SqFt
House

Location

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45227 316th Ave, Vergas$549,900

Buyer Closing Credits

$6,530*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Floor Drain, Finished Garage, Heated Garage
Attached Garage3 spaces
Year Built1997
HeatingDual System
CoolingNone
BasementYes
WaterfrontLake Front
ViewLake
MLS #7425691
StatusActive

About 45227 316th Ave

Gorgeous Loon Lake! Welcome to a huge 30 x30 shop/ garage! Situated on 1.39 acres with 150 ft. of shoreline on beautiful Loon Lake just outside of Vergas, MN. Could be living area while a cabin was built closer to the lake. The garage shop has a 1000. gal septic tank, deep well, concrete floor heat, drain. Shop area has slider windows , attic storage space, fully foamed making it energy efficient. Seller will consider Contract for Deed, terms negotiable

Property Details

Property Features

Property Information:

  • Year Built: 1997
  • Living Area: 2,250 SqFt

Listing Office:

  • Office Name: RE/MAX Legacy Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Floor Drain, Finished Garage, Heated Garage

Lot Features

Lot Information:

  • Lot: Accessible Shoreline

Utilities

Utilities Information:

  • Heating: Dual System
  • Cooling: None

Other

Directions Information:

  • Directions: Go through Vergas on Hwy 4, East on Hwy 36 to Mallard Drive. Turn on 316 Ave. to property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,900
  • Price Per SqFt: $244/SqFt

Tax Information:

  • Annual Amount: $2,014
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Vergas, MN.

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Vergas, MN

City

Med. Sold Price

$290K

Med. Price/SqFt

$206

Avg. Days On Market

28

# of Sold Homes

2

45227 316th Ave vs Vergas

169 DAYS ON ROCKET

+141 Days

$549,900

+$259.9K More

$244/SqFt

+$38 More

KEY TAKEAWAY

This property is $259.9K more than the Median Sold Price and $38/SqFt more than other homes in Vergas, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #7425691

Listing Office:

  • Office Name: RE/MAX Legacy Realty

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Last updated on: 11/13/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,014$181,500
2019$1,884$166,800
2018$1,890$166,800
2017$1,734$145,200

History based on county public records data.

Payment Calculator

$2,812

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-47654
6
/10

  • Frazee Elementary School

  • Hickory Ave

  • 10.03 miles

  • Public District Grades PK-6

school-card-donut-47655
3
/10

  • Heart of the Lake Elementary School

  • 810 2nd Ave SW

  • 12.04 miles

  • Public District Grades PK-4

school-card-donut-47656
5
/10

  • Viking Elementary School

  • 1 Viking Dr

  • 12.52 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,036. The most common annual income of people living in Vergas, MN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 45227 316th Ave

What is the listing price of this property?

The listing price of 45227 316th Ave property is $549,900.

What type of property is this?

The property 45227 316th Ave is a house located in Vergas, Minnesota, 56587.

Is this property for sale now?

Active Listing: 45227 316th Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,014 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 45227 316th Ave has 1 bathroom..

What is the square footage of this property?

The property 45227 316th Ave is 2,250 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 45227 316th Ave is 1997.

Rocket Homes›Minnesota›Otter Tail County›Vergas›56587›45227 316th Ave

This home is located at 45227 316th Ave in Vergas, MN and zip code 56587. This 2,250 square foot home was built in 1997. Features: 1 bathroom. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $549,900.

In October 2024, from all listings sold in Vergas, MN there were more than 0 sold above asking price, over 0 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Vergas, MN increased by 5.6% between September 2024 and October 2024. In October 2024 median list price was $290,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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