38166 486th Ln, Palisade, MN 56469
OFF MARKET

$190,300

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 562 sqft

38166 486th Ln, Palisade, MN 56469

Est. Refi. Payment $1,148/mo*
Refinance Your Home
Currently Off Market - Sold Aug 14, 2024 for $165,000

Home Value

Trulia Estimate
$190K
Since last month
Decreased$2K (-0.9%)
Since last year
Increased$21K (+12.4%)
Since last sale
Increased$25K (+15%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +87% in the last 10 years
MonthEstimated value
2026
August 2026$190K
August 2026$190K
July 2026$192K
June 2026$193K
May 2026$192K
April 2026$191K
March 2026$176K
February 2026$171K
January 2026$169K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.44
Single-Family Home
$455,000
05/21/26
4
2
1,633
0.56
Single-Family Home
$335,000
05/12/26
3
2
1,714
1.07
Single-Family Home
$335,000
09/03/26
3
1
1,001
0.89
Single-Family Home
$650,000
08/13/26
2
2
996
2.31
Single-Family Home
$180,000
05/21/26
2
1
1,000
2.63
Single-Family Home
$175,000
10/31/25
3
1
1,200
2.28
Single-Family Home
$315,000
04/30/26
3
2
2,208
3.30
Single-Family Home
$129,900
10/31/25
2
1.5
500
5.17
Single-Family Home
$400,000
05/26/26
2
2
1,738
5.77
Single-Family Home
$130,000
06/19/26
2
-
640

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.32
$673,400
4
2
1,823
Off Market
0.44
$455,000
4
2
1,633
Recently Sold
0.52
$551,900
2
1
1,558
Off Market
0.56
$335,000
3
2
1,714
Recently Sold
0.71
$471,600
5
2.5
2,160
Off Market
0.89
$650,000
2
2
996
Recently Sold
1.07
$335,000
3
1
1,001
Recently Sold
1.13
$435,000
2
1.5
1,620
For Sale
1.28
$285,500
2
2
1,440
Off Market
1.32
$143,900
-
-
-
Off Market
1.33
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 38166 486th Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
562 sqft
$339/sqft
HOA $75/mo

About this House

This log-sided cabin is located just a few feet from the water’s edge of picturesque Round Lake. The property is part of the Double E Association and shares 559 feet of lake frontage, level elevation and a beautiful sandy bottom. The cabin, which has an Up North feel, was updated in 2016 and boasts an open floor plan, knotty pine interiors, and a loft for extra sleeping accommodations. Interior updates include new appliances, vinyl plank flooring, a mini-split with AC and heat pump, as well as a new bathroom sink and toilet. Exterior updates feature a low-maintenance deck, a new front door, and dock sections. Relax on the lakeside deck or take the boat out for some fishing on the pristine waters of Round Lake. The property is conveniently located about 30 minutes away from Aitkin and McGregor amenities. Don’t miss out on this opportunity!
38166 486th Ln, Palisade, MN 56469 is a 2 bedroom, 1 bathroom, 562 sqft single-family home built in 1960. It last sold for the $165,000 asking price on Aug 14, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $190,300, with a rent estimate of $933/month.
Last check for updates: about 10 hours ago
Listed by Mike O'Connell, (218) 831-6787
Larson Group Real Estate/Kelle
Bought with: Mike O'Connell, (218) 831-6787, Larson Group Real Estate/Kelle
Source: NorthstarMLS as distributed by MLS GRID, MLS#6586077

Home Details for 38166 486th Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: PostsNumber of Rooms: 6Types of Rooms: Bedroom, Bedroom 2, Dining Room, Kitchen, Living Room, Loft
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 562 Square FeetFoundation Area: 506
Appliances & Utilities
Appliances: Electric Water Heater, Microwave, Range, RefrigeratorMicrowaveRefrigerator
Heating & Cooling
Heating: Ductless Mini-Split,Heat Pump,Space HeaterHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Ductless Mini Split
Gas & Electric
Electric: Service - 60 Amp, Power Company: Mille Lacs Energy Co-opGas: Electric, Propane
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
Has a ViewView: Lake

Exterior Features

Exterior Home Features
Roof: Age Over 8 Years AsphaltOther Structures: Storage Shed
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Gravel
Frontage
WaterfrontWaterfront: Association Access, Lake Front, Shared, Waterfront Elevation(0-4), Lake Bottom(Hard, Sand)Road Frontage: Private RoadResponsible for Road Maintenance: Association Maintained RoadRoad Surface Type: UnimprovedOn Waterfront
Water & Sewer
Sewer: Shared Septic
Farm & Range
Frontage Length: Water Frontage: 559
Finished Area
Finished Area (above surface): 562 Square Feet

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: FrameNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 3510088100

Price & Status

Price
List Price: $165,000
Status Change & Dates
Off Market Date: Wed Aug 14 2024

Location

Direction & Address
City: Palisade
School Information
High School District: Aitkin

Building

Building Area
Building Area: 562 Square Feet

HOA

HOA Fee Includes: Other, Sanitation, Shared Amenities, Lawn Care, Taxes, Water/SewerHOA Name: Double EHOA Phone: 507-251-6019Has an HOAHOA Fee: $75/Monthly

Lot Information

Lot Area: 1742.4 sqft

Offer

Contingencies: None

Miscellaneous

Mls Number: 6586077Water ViewWater View: LakeAbove Grade Unfinished Area: 562

Additional Information

HOA Amenities: Beach Access,Laundry,Boat Dock

Price and Tax history

DateEventPrice
Aug 14, 2024
Source: NorthstarMLS as distributed by MLS GRID #6586077
Sold
$165,000
Jun 15, 2016
Source: NorthstarMLS as distributed by MLS GRID #4682405
Sold
$99,900
Feb 26, 2016
Source: Agent Provided
Listed For Sale
$109,900
Oct 28, 2015
Source: Agent Provided
ListingRemoved
$114,900
Dec 24, 2014
Source: Agent Provided
ListingRemoved
$124,900

Market trends in Palisade

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
6
5
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palisade

At least 1 Trulia users voted on each feature.
  • 100 % Say it's walkable to grocery stores

  • 100 % Say it's quiet

  • 50 % Say kids play outside

  • 50 % Say they plan to stay for at least 5 years

  • 50 % Say there's wildlife

  • 50 % Say people would walk alone at night

  • 33 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-07 15:18:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

Frequently asked questions about 38166 486th Ln

  • What is 38166 486th Ln estimated to be worth?
    Trulia's estimated value for 38166 486th Ln in Palisade, MN is $190,300.
  • What is the price history for 38166 486th Ln?
    38166 486th Ln in Palisade, MN last sold for $165,000 in August 2024.
  • Is Palisade a buyer's or seller's market?
    Palisade is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 38166 486th Ln?
    The closest schools to 38166 486th Ln in Palisade, MN are Aitkin Secondary School (Middle/High, rated 7/10), Rippleside Elementary School (Pre-K, rated 8/10).
  • Does 38166 486th Ln have air conditioning?
    Yes, 38166 486th Ln in Palisade, MN has air conditioning.
  • Does 38166 486th Ln have laundry facilities?
    Yes, 38166 486th Ln in Palisade, MN has laundry facilities.

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