Closed

$325,000

2562 Highway 11 SE, Loman, MN 56654

2beds

1,248sqft

Single Family Residence

Built in 2015

60 Acres Lot

$359,100 Zestimate^®

$260/sqft

$1,963 Estimated rent

Home value

$359,100

$338,000 - $384,000

$1,963/mo

Zestimate^® history

Owner options

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$1,963/mo

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$1,963/mo

Rent Zestimate^®

Refinance and save

$1,955/mo

Est. payment

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$1,955/mo

Est. payment

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What's special

Acreage, storage and privacy are abundant here! 60 acres of mostly level, partially treed land with a 60'x52' house/garage and a 24'x32' pole building. Enjoy one-level living with views all around and a low maintenance metal exterior. This 2 bedroom, 2 bath home includes in-floor heat in the house and garage, an air-to-air heat pump and hookups for an outdoor boiler. Open concept living space with a gas fire place, natural tongue and groove on the ceiling and some walls, hickory kitchen cabinets and a large pantry. Located in Northern Koochiching County, near the Rainy River, 26 miles west of International Falls and 40 miles east of Baudette on Hwy 11.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1

Bedroom

Level: Main
Area: 149.5 Square Feet
Dimensions: 11.5x13

Bedroom 2

Level: Main
Area: 120 Square Feet
Dimensions: 10x12

Bathroom

Level: Main
Area: 63 Square Feet
Dimensions: 6x10.5

Dining room

Level: Main
Area: 110 Square Feet
Dimensions: 10x11

Kitchen

Level: Main
Area: 154 Square Feet
Dimensions: 11x14

Laundry

Level: Main
Area: 66 Square Feet
Dimensions: 6x11

Living room

Level: Main
Area: 324 Square Feet
Dimensions: 12x27

Heating

Boiler, Fireplace(s), Heat Pump, In-Floor Heating

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer, Water Softener Owned
Laundry: Main Level

Features

Basement: None
Number of fireplaces: 1
Fireplace features: Gas, Living Room

Interior area

Total structure area: 1,248
Total interior livable area: 1,248 sqft
Finished area above ground: 1,248
Finished area below ground: 0

Property

Parking

Total spaces: 6
Parking features: Detached Garage
Garage spaces: 6
Details: Garage Dimensions (24x32), Garage Door Height (12), Garage Door Width (12)

Accessibility

Accessibility features: No Stairs External, No Stairs Internal

Features

Levels: One
Stories: 1

Lot

Size: 60 Acres
Dimensions: 1320 x 1950

Details

Additional structures: Garage(s)
Foundation area: 1872
Parcel number: 5002333000
Zoning description: Residential-Single Family
Other equipment: Fuel Tank - Rented

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Concrete, Frame
Roof: Metal

Condition

New construction: No
Year built: 2015

Utilities & green energy

Electric: 200+ Amp Service, Power Company: North Star Electric Coop
Gas: Propane
Sewer: Tank with Drainage Field
Water: Artesian, Well

Community & HOA

HOA

Has HOA: No

Location

Region: Loman

Financial & listing details

Price per square foot: $260/sqft
Tax assessed value: $319,700
Annual tax amount: $2,002
Date on market: 4/4/2024
Cumulative days on market: 35 days

Price history

Date	Event	Price
5/17/2024	Sold	$325,000-8.5%$260/sqft
Source: NorthstarMLS as distributed by MLS GRID #6513758 Report a problem
5/9/2024	Pending sale	$355,000$284/sqft
Source: NorthstarMLS as distributed by MLS GRID #6513758 Report a problem
4/22/2024	Contingent	$355,000$284/sqft
Source: Range AOR #146483 Report a problem
4/4/2024	Listed for sale	$355,000+29.1%$284/sqft
Source: Range AOR #146483 Report a problem
10/22/2021	Sold	$275,000$220/sqft
Source: Public Record Report a problem
9/11/2021	Listed for sale	$275,000-20.3%$220/sqft
Source: Owner Report a problem
4/22/2021	Listing removed	--
Source: Owner Report a problem
12/31/2020	Listed for sale	$345,000$276/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,062 +3%	$294,246 +4.6%
2024	$2,002 -4.8%	$281,437 -9.9%
2023	$2,104 +18.7%	$312,290 +46.5%
2022	$1,772 +41.3%	$213,200 +29.5%
2021	$1,254 +4%	$164,600 +4%
2020	$1,206	$158,300
2019	$1,206 +17.3%	$158,300 +1.5%
2018	$1,028 +16%	$155,900 +7.1%
2017	$886 +39.3%	$145,600 +20.6%
2016	$636 +12%	$120,700 +24.9%
2015	$568 -9.3%	$96,600 +9.8%
2014	$626	$88,000
2013	--	$88,000