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Off market
  • $267,200

    31267 Rasmussen Rd, Pequot Lakes, MN 56472

    3beds
    1,536sqft
    SingleFamily
    Built in 1948
    0.73 Acres Lot
    $267,200 Zestimate®
    $174/sqft
    $2,416 Estimated rent

    Home value

    $267,200

    $243,000 - $291,000

    $2,416/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,510/mo

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    What's special

    Income potential with this home and nostalgic retreat! The sky's the limit with the possibilities! 3 BR home along with 6 quaint cottages, each with their own bedroom, bathroom, and outdoor sitting area. Currently set-up as hotel rooms. The property is filled with beautiful landscaping of perennials, large White Pines and Norway Spruce trees. There are lighted pathways, picket fences, white arches, a gazebo, along with a firepitfor a common area. It has most recently been running as a Bed and Breakfast, along with the owners home, however, it could be a resort, an event retreat, or use each cottage for a different retail space, oruse your own imagination. It's located in beautiful Pequot Lakes, steps away from the Paul Bunyan Trail and close to the area lakes, golfing, biking, horseback riding, and snowmobiling. The property includes allfurnishings for a ready-made income possibility along with private residence. This is quite the package deal that is a must see to appreciate!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Forced air
    Appliances
    • Included: Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,536 sqft

    Property

    Parking
    • Parking features: Garage
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.73 Acres
    Details
    • Parcel number: 29100949
    • Zoning: Residential-Single Family, Business/Commercial

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Other
    • Roof: Asphalt
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: City Sewer/Connected

    Community & neighborhood

    Location
    • Region: Pequot Lakes

    Other

    Other facts
    • PRESENTUSE: Yearly
    • STATUS: Pending
    • ZONING: Residential-Single Family, Business/Commercial
    • CONSTRUCTIONSTATUS: Previously Owned
    • HEATINGDESCRIPTION: Forced Air, Baseboard
    • FRONTAGEFEET: City
    • APPLIANCES: Range, Exhaust Fan/Hood, Refrigerator, Washer, Dryer, Microwave, Freezer, Water Softener - Owned
    • FIREPLACELOC: Living Room, Wood Burning
    • BASEMENT: Partial Finished, Egress Windows, Sump Pump, Concrete Block, Partial, Slab, Unfinished, Storage Space
    • DININGROOMDESCRIPTION: Living/Dining Room
    • ROOMFLOOR1: Main
    • FUEL: Electric, Natural Gas, Wood
    • ROOF: Asphalt Shingles, Age 8 Years or Less
    • SEWER: City Sewer/Connected
    • WATER: City Water/Connected
    • AMENITIESUNIT: Patio, Kitchen Window, Ceiling Fan(s), Hardwood Floors, Natural Woodwork, Porch, Main Floor Master Bedroom
    • BATHDESC: Main Floor Full Bath
    • SPECIALSEARCH: Main Floor Bedroom
    • EXTERIOR: Wood
    • GARAGEDESCRIPTION: Driveway - Gravel
    • OUTBUILDINGS: Storage Shed, Guest House, Gazebo
    • FENCE: Wood, Wire
    • DAYSONMARKET: 21
    • DAYSONMARKETCUMULATIVE: 21
    • TAXYEAR: 2020.00
    • OFFMARKETDATE: 2020-10-26T17:32:27

    Price history

    DateEventPrice
    1/29/2021Sold$175,000$114/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5669084 Report a problem
    10/27/2020Pending sale$175,000$114/sqft
    Source: Keller Williams Realty Profess #5669084 Report a problem
    10/5/2020Listed for sale$175,000$114/sqft
    Source: Keller Williams Realty Profess #5669084 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,000 +13.4%$257,031 +9.5%
    2024$1,764 +50.3%$234,647 +10.3%
    2023$1,174 +16.9%$212,688 +4.2%

    Find assessor info on the county website

    Neighborhood: 56472

    Nearby schools

    GreatSchools rating
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