Closed

$369,000

40587 321st Ln, Aitkin, MN 56431

2beds

1,308sqft

Single Family

Built in 1994

1.7 Acres Lot

$376,800 Zestimate^®

$282/sqft

$1,563 Estimated rent

Home value

$376,800

Estimated sales range

Not available

$1,563/mo

Zestimate^® history

Owner options

List your home for rent

$1,563/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,563/mo

Rent Zestimate^®

Refinance and save

$1,735/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,735/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

Amazing opportunity to be on Hanging Kettle Lake and Ripple River on 1.7 treed acres of land. This home has access to both. Two bedroom, one level year round home on level lot to lake, comes with dock and a BOAT HOUSE. All living facilities on one level. Two car detached and one car detached garages, beautifully landscaped, enjoy the end of summer this year. The entire interior has been freshly painted, including ceilings. Home has a wall of windows overlooking Hanging Kettle and an amazing view from the home and deck. Boat house currently used as a guest bedroom but the opportunities are endless. Priced for quick sale. Sellers will escrow for septic replacement

Facts & features

Interior

Bedrooms & bathrooms

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

Bedroom

Level: Main
Area: 143 Square Feet
Dimensions: 11x13

Bedroom 2

Level: Main
Area: 121 Square Feet
Dimensions: 11x11

Bonus room

Level: Main
Area: 144 Square Feet
Dimensions: 12x12

Dining room

Level: Main
Area: 192 Square Feet
Dimensions: 12x16

Kitchen

Level: Main
Area: 192 Square Feet
Dimensions: 12x16

Living room

Level: Main
Area: 375 Square Feet
Dimensions: 25x15

Heating

Baseboard, Boiler, Fireplace(s)

Cooling

Wall Unit(s)

Appliances

Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Laundry: Laundry Room, Main Level

Features

Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: Gas

Interior area

Total structure area: 1,308
Total interior livable area: 1,308 sqft
Finished area above ground: 1,308
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Detached Garage, Gravel, Multiple Garages
Garage spaces: 3

Accessibility

Accessibility features: Grab Bars In Bathroom, No Stairs External, No Stairs Internal

Features

Levels: One
Stories: 1
Patio & porch: Patio
Pool features: None
Has view: Yes
View description: Lake, South
Has water view: Yes
Water view: Lake
Waterfront features: Dock, Lake Front, Lake View, River Front, Waterfront Elevation(0-4), Lake Bottom(Rocky, Soft)
Frontage length: Water Frontage: 136

Lot

Size: 1.7 Acres
Dimensions: 136 x 397 x 158 x 503
Features: Accessible Shoreline, Tree Coverage - Heavy

Details

Additional structures: Garage(s), Bunk House
Foundation area: 1308
Parcel number: 070026209
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1994

Utilities & green energy

Gas: Propane
Sewer: Private Sewer, Septic System Compliant - No
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Aitkin

Financial & listing details

Price per square foot: $282/sqft
Tax assessed value: $433,941
Annual tax amount: $1,822
Date on market: 8/15/2025
Cumulative days on market: 39 days

Price history

Date	Event	Price
10/31/2025	Sold	$369,000-5.4%$282/sqft
Source: NorthstarMLS as distributed by MLS GRID #6773167 Report a problem
9/29/2025	Pending sale	$389,900$298/sqft
Source: NorthstarMLS as distributed by MLS GRID #6773167 Report a problem
9/17/2025	Price change	$389,900-2.3%$298/sqft
Source: NorthstarMLS as distributed by MLS GRID #6773167 Report a problem
9/15/2025	Price change	$399,000-0.2%$305/sqft
Source: NorthstarMLS as distributed by MLS GRID #6773167 Report a problem
8/21/2025	Listed for sale	$399,900$306/sqft
Source: NorthstarMLS as distributed by MLS GRID #6773167 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,822 -7.9%	$433,941 -2.7%
2024	$1,978 +16.6%	$445,754
2023	$1,696 -3.9%	$445,754 +21.3%
2022	$1,764 +12.5%	$367,572 +24.9%
2021	$1,568 -2.5%	$294,342 +8.7%
2020	$1,608 +4.6%	$270,700 +2.8%
2019	$1,538 +10.8%	$263,200 +6%
2018	$1,388 +19%	$248,400 +7.9%
2017	$1,166 -7.8%	$230,300
2016	$1,264 +1.3%	$230,300 -4.8%
2014	$1,248 +10494.2%	$241,900 -9.6%
2012	$12	$267,700
2011	--	$267,700 -5.1%
2009	$1,102	$282,200