8 months on rocket

Sale Pending

32460 Southwood Rd, Grand Rapids, MN, 55744

$1,395,000

Home List Price

$10,000*

Closing Credit

0 Baths
1 SqFt
$1,395,000/SqFt
House
Schools Nearby

Location

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32460 Southwood Rd, Grand Rapids$1,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached
Garage2 spaces
Year Built2022
HeatingRadiant Floor
CoolingDuctless, Mini Split
WaterfrontLake Front
MLS #6423995
StatusSale Pending
(Active)

About 32460 Southwood Rd

Rare opportunity with over 9 acres and 305’ of shoreline on sought after Pokegama Lake. Options available to split at a reduced price. The vision of a modern resort (plan approved) has been started to include 2 nearly completed 30 x 40 cabins near the waters edge. Identical floor plans include 2 bedrooms, 1.75 bath,(includes outdoor shower) and open kitchen/dining/living areas with vaulted ceilings. A 5 acre parcel across the road would make a convenient place to optimize this business model. Move forward with bringing the idea to life, or utilize this rare canvas to build your dream home. Also, has a 24x36 two stall steel storage building. Upon your completion, the finished square footage per cabin would be 1200.

Property Details

Property Features

Property Information:

  • Year Built: 2022
  • Living Area: 1 SqFt

Listing Office:

  • Office Name: COLDWELL BANKER NORTHWOODS

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Utilities

Utilities Information:

  • Heating: Radiant Floor
  • Cooling: Ductless, Mini Split

School Info

Assigned Schools Information:

  • Grand Rapids Senior High School, Public District Grades 9-12
  • Robert J. Elkington Middle School, Public District Grades 5-8
  • Southwest Elementary School, Public District Grades KG-4

Other

Directions Information:

  • Directions: HWY 169 South, Left on Southwood Rd, Left at Property Address

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,395,000
  • Price Per SqFt: $1,395,000/SqFt

Tax Information:

  • Annual Amount: $1,878
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MN.

Med. Sold Price

$260K

Med. Price/SqFt

$153

Avg. Days On Market

60

# of Sold Homes

17

32460 Southwood Rd vs Grand Rapids

250 DAYS ON ROCKET

+190 Days

$1,395,000

+$1.1M More

$1,395,000/SqFt

+$1.3M More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $1.3M/SqFt more than other homes in Grand Rapids, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6423995

Listing Office:

  • Office Name: COLDWELL BANKER NORTHWOODS

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Last updated on: 5/2/2024, 12:52:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 2021Home Sold
$670,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,878$501,100
2019$1,992$503,000

History based on county public records data.

Payment Calculator

$7,030

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,249

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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.

Elementary School

school-card-donut-4498754
3
/10
  • Southwest Elementary School

  • 601 SW 7th St

  • 4.45 miles

  • Public District Grades KG-4

Middle School

school-card-donut-4498755
6
/10
  • Robert J. Elkington Middle School

  • 1000 NE 8th Ave

  • 5.88 miles

  • Public District Grades 5-8

High School

school-card-donut-4498756
6
/10
  • Grand Rapids Senior High School

  • 800 NW Conifer Dr

  • 5.96 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $70,114. Residents of Grand Rapids, MN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 32460 Southwood Rd

What is the listing price of this property?

The listing price of 32460 Southwood Rd property is $1,395,000.

What type of property is this?

The property 32460 Southwood Rd is a house located in Grand Rapids, Minnesota, 55744.

Is this property for sale now?

Sale Pending: 32460 Southwood Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 32460 Southwood Rd are:
Southwest Elementary School: GreatSchools Rating 3/10
Robert J. Elkington Middle School: GreatSchools Rating 6/10
Grand Rapids Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,878 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 4, 2021 for $670,000. (source: MLS/tax record).

What is the square footage of this property?

The property 32460 Southwood Rd is 1 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 32460 Southwood Rd is 2022.

Rocket HomesMinnesotaItasca CountyGrand Rapids5574432460 Southwood Rd

This home is located at 32460 Southwood Rd in Grand Rapids, MN and zip code 55744. This 1 square foot home was built in 2022. It has been listed on Rocket Homes since August 25, 2023 and is currently priced at $1,395,000.

Over 5 listings were sold over their listed price in April 2024 in Grand Rapids, MN. In the same period over 9 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Grand Rapids, MN increased by 27.6% between March 2024 and April 2024. While the average time on the market in April 2024 was 60 days, the median list price was $260,000.

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

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