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48441 197th Ave, Mcgregor, MN, 55760

$269,900

Home List Price

$3,205*

Closing Credit

2 Bedrooms
1 Bath
832 SqFt
$324/SqFt
House
Schools Nearby

Location

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48441 197th Ave, McGregor$269,900

Buyer Closing Credits

$3,205*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOpen
Year Built1975
HeatingFireplace(s)
CoolingNone
WaterfrontLake Front
ViewOther
MLS #6492549
StatusActive

About 48441 197th Ave

Cozy cabin on a half acre lot with lakeshore on Lake Minnewawa. Located on Sheshebe Point, this seasonal two bedroom cabin is perched on a hill overlooking Minnewawa with a west lake exposure offering fantastic sunsets over the water. Inside, the cabin welcomes you with an inviting open kitchen and floor plan, and warm knotty pine interior. Step outside onto the expansive wrap around deck, perfect for entertaining or taking in the views. Enhanced with recent upgrades, including a new staircase down to the water, a dock and boat lift, and a 19 foot pontoon, this is a turn-key property ready for this spring. Additional features include a newer roof, storage building and broadband internet. Lake Minnewawa is known for it’s excellent fishing and recreational opportunities. With the properties proximity to over 20,000 acres of Savannah State Forest and nearby sled and ATV trails, outdoor adventures are just down the road. Come check out this great opportunity in McGregor, MN!

Property Details

Property Features

Property Information:

  • Year Built: 1975
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: Timber Ghost Realty, LLC

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Other

Parking Information:

  • Parking: Open

Utilities

Utilities Information:

  • Heating: Fireplace(s)
  • Cooling: None

School Info

Assigned Schools Information:

  • McGregor Secondary School, Public District Grades 7-12
  • McGregor Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From McGregor, North on Hwy 65, then East on Goshawk Street for 4 miles. Turn North on 188th Avenue for 1.5 miles. Turn West on 197th Avenue to the property. Look for signage.

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,900
  • Price Per SqFt: $324/SqFt

Tax Information:

  • Annual Amount: $1,237
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6492549

Listing Office:

  • Office Name: Timber Ghost Realty, LLC

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Last updated on: 5/2/2024, 12:22:18 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
2021$1,237$145,600
2020$1,267$140,200
2019$1,291$140,200
2018$1,217$137,600
2017$1,193$131,900

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-4723010
4
/10

  • McGregor Elementary School

  • 148 S 2nd St

  • 7.61 miles

  • Public District Grades PK-6

High School

school-card-donut-4723011
3
/10

  • McGregor Secondary School

  • 148 S 2nd St

  • 7.61 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,203. Most Aitkin County, MN residents have annual incomes between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 48441 197th Ave

What is the listing price of this property?

The listing price of 48441 197th Ave property is $269,900.

What type of property is this?

The property 48441 197th Ave is a house located in Mcgregor, Minnesota, 55760.

Is this property for sale now?

Active Listing: 48441 197th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 48441 197th Ave are:
McGregor Elementary School: GreatSchools Rating 4/10
McGregor Secondary School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,237 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 48441 197th Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 48441 197th Ave is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 48441 197th Ave is 1975.

Rocket Homes›Minnesota›Aitkin County›McGregor›55760›48441 197th Ave

This home is located at 48441 197th Ave in Mcgregor, MN and zip code 55760. This 832 square foot home was built in 1975. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $269,900.

In April 2024, from all listings sold in Aitkin County, MN there were more than 2 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. The number of listings in Aitkin County, MN increased by 41.3% between March 2024 and April 2024. Listings spent 56 days on the market in April 2024, and had a median list price of $263,500 during the same period.

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

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