Closed

$1,125,000

1020 W Lake Dr, Detroit Lakes, MN 56501

5beds

4,938sqft

Single Family Residence

Built in 1961

0.37 Acres Lot

$1,201,000 Zestimate^®

$228/sqft

$2,911 Estimated rent

Home value

$1,201,000

Estimated sales range

Not available

$2,911/mo

Zestimate^® history

Owner options

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$2,911/mo

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$2,911/mo

Rent Zestimate^®

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$5,440/mo

Est. payment

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$5,440/mo

Est. payment

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What's special

Experience the best of Detroit Lakes here on newly rebuilt West Lake Drive. This high-end 5 Bedroom, 4 Bath home can be the retreat your family needs from the hustle and bustle. You’ll immediately feel the calm and poise that comes with a quality and well-maintained build on a premier Minnesota Lake. Chef’s Kitchen, oversized two stall attached garage, with access from a quiet neighborhood, luxury finishes inside and out with an emphasis on function; a spacious and grand primary suite overlooking the water. Enjoy 66 flat frontage feet of hard sandy swimming all located just down the road from the renowned DL City Beach and it’s many local hot-spots. This one has it all. Time spent here is time well spent, come and feel it for yourself.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4
Full bathrooms: 3
3/4 bathrooms: 1

Bathroom

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Lower Level, Main Level

Features

Basement: Egress Window(s),Finished,Full
Number of fireplaces: 1

Interior area

Total structure area: 4,938
Total interior livable area: 4,938 sqft
Finished area above ground: 3,890
Finished area below ground: 1,048

Property

Parking

Total spaces: 4
Parking features: Attached
Attached garage spaces: 2
Carport spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Front Porch
Pool features: None
Has view: Yes
View description: Lake, South
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front, Lake Bottom(Hard, Sand)
Frontage length: Water Frontage: 66

Lot

Size: 0.37 Acres
Dimensions: 66 x 25+220
Features: Accessible Shoreline

Details

Foundation area: 1452
Parcel number: 492511000
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Roof: Asphalt

Condition

New construction: No
Year built: 1961

Utilities & green energy

Electric: Circuit Breakers
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: J R W Sargent Sub

HOA

Has HOA: No

Location

Region: Detroit Lakes

Financial & listing details

Price per square foot: $228/sqft
Tax assessed value: $1,045,700
Annual tax amount: $9,280
Date on market: 9/10/2024
Cumulative days on market: 38 days

Price history

Date	Event	Price
10/31/2024	Sold	$1,125,000-10%$228/sqft
Source: NorthstarMLS as distributed by MLS GRID #6592907 Report a problem
10/19/2024	Pending sale	$1,250,000$253/sqft
Source: NorthstarMLS as distributed by MLS GRID #6592907 Report a problem
9/10/2024	Listed for sale	$1,250,000+104.9%$253/sqft
Source: NorthstarMLS as distributed by MLS GRID #6592907 Report a problem
11/5/2020	Sold	$610,000-3%$124/sqft
Source: NorthstarMLS as distributed by MLS GRID #6079771 Report a problem
9/14/2020	Listed for sale	$629,000+125.4%$127/sqft
Source: Counselor Realty of Detroit Lakes #20-31774 Report a problem
11/14/2011	Listing removed	$279,000$57/sqft
Source: ERA Northland Realty Co. #50-7201 Report a problem
5/23/2011	Listed for sale	$279,000$57/sqft
Source: ERA Northland Realty Co. #50-7201 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,130 +19.9%	$1,045,700 -0.6%
2024	$9,280 +26.1%	$1,051,500 +19.4%
2023	$7,362 -3%	$881,000 +30.7%
2022	$7,590 +4.3%	$674,000 +5.3%
2021	$7,276 +0.4%	$639,800 +4.2%
2020	$7,246 +23.7%	$614,100 +1.2%
2019	$5,856	$607,100 +24.4%
2018	$5,856 +18.6%	$487,900 +5.7%
2017	$4,938 +17.9%	$461,400 +24.5%
2016	$4,188 -16%	$370,600 -15%
2015	$4,988 -0.2%	$436,000 +13.4%
2014	$5,000 +163.7%	$384,500
2012	$1,896 -17.6%	--
2011	$2,302 +8.5%	--
2010	$2,122	--