$1,100,000
Park Rapids, MN 56470
MLS# 6185562
Status: Closed
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Property Description
Last of its kind! Walter's Resort on Lake Ida. Owner's home, 7 cabins, 11 acres and 1700ft of lake frontage. This popular destination has been hosting guests for decades. Awesome property with a ton of updates and improvements. Being sold turnkey. For the investor, reap the benefits of nearly booked out 2022 season.
Details
None
Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2022-04-26
Current Price: $1,100,000
Closed Date: 2022-04-29
Sales Close Price: 1100000
Original List Price: 1100000
Contingency: None
ListPrice: 1100000
List Date: 2022-04-29
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: GLAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: Yes
Other Parking Spaces: 10
Owner Occupied: No
Road Btwn WF & Home?: No
Waterfront Frontage: 1700
Waterfront Present: Yes
Year Built: 1952
Yearly/Seasonal: Seasonal
Zoning: Business/Commercial,Shoreline
Foundation Size: 3273
Garage Stalls: 3
Lake/Waterfront Name: Ida
For Sale or Lease: For Sale
Acres: 11
Lot Dimensions: 1700x668x652x537irr
Assessment Pending: No
Location, Tax and Other Information
Legal Description: Five Parcel Sale. See Addendum for legal description.
Map Page: 999
Municipality: Park Rapids
Rental License?: Yes
School District Phone: 218-237-6500
Map Coordinate Source: King's Street Atlas
House Number: 20035
Street Name: Grouse Road
Lake Chain: N
Postal City: Park Rapids
County: Hubbard
State: MN
Zip Code: 56470
Zip Plus 4: 5066
DNR Lake ID#: 29017000
Property ID Number: 163503000
DNR Lake Classification: Natural Environment
Tax Year: 2022
Tax Amount: 2510
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: Not disclosed
Directions & Remarks
Public Remarks: Last of its kind! Walter's Resort on Lake Ida. Owner's home, 7 cabins, 11 acres and 1700ft of lake frontage. This popular destination has been hosting guests for decades. Awesome property with a ton of updates and improvements. Being sold turnkey. For the investor, reap the benefits of nearly booked out 2022 season.
Directions: From Hwy 71/34 in Park Rapids: Go east on Hwy 34 to a left on CR 226 (Dorset Corner) follow north past Zorbas to first left Grouse Road. Follow to property on left and sign. #20035
Additional Parcels Information
Property ID #2: 163503200
Property ID #3: 163502900
Assessments
Assessment Balance: 992
Tax With Assessments: 3502
Building Information
Building Finished SqFt: 3273
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 0-4
Green Verification
Green Certification: No
Lake Details
Lake Acres: 74
Lake Depth: 40
Miscellaneous Information
FIPS Code: 27057
Homestead: No
Public Survey Info
Range#: 34
Section#: 35
Township#: 141
Sale Options
Sale Includes: Business,Building,Land,Inventory,Fixture/Equipment,Business Assets
Unit 3
No. of 3 Bedroom Units: 2
Unit Details
Total Units: 9
Unit Information
No. of Efficiency Units: 3
Property Features
Accessible: No Stairs Internal
Air Conditioning: Ductless Mini-Split; Window
Amenities Shared: Beach; Coin-op Laundry Owned; Deck; Dock; Patio; Other
Amenities Unit: Deck; Dock; Kitchen Window; Local Area Network; Natural Woodwork; Panoramic View
Appliances: Dishwasher; Dryer; Electric Water Heater; Fuel Tank - Owned; Fuel Tank - Rented; Microwave; Range; Refrigerator; Washer
Construction Status: Previously Owned
Current Use: Resort
Elevation Highpoint to Waterfront Slope: Gradual
Exterior: Brick/Stone; Wood
Financing Terms: Contract/Deed w/Assum
Fuel: Electric; Propane
Heating: Ductless Mini-Split; Fireplace; Space Heater
Lake Details: Sand
Lake/Waterfront: Lake Front; Lake View
Loan Terms: Cash; Conventional
Lock Box Type: Combo
Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Light; Tree Coverage - Medium
On Site Utilities: Electric Common; Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Multiple Garages; Detached Garage; Driveway - Gravel; Driveway - Shared; Gravel Lot; Insulated Garage; More Parking Onsite for Fee; No Int Access to Dwelling
Rental License Type: Standard
Sewer: Holding Tank; Mound Septic; Private Sewer; Tank with Drainage Field
Water: Drilled; Private; Sand Point; Shared System; Well
Waterfront View: Lake; South; East
Listing Office: Affinity Real Estate Inc.
Last Updated: May - 02 - 2022
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