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931 Nicollet Ave, Big Lake, MN, 55309

4beds
2baths
1,555sqft
$270,000
$174price/sqft
$2,000/moest. monthly cost
$80,000/yrincome needed

About This Home

4 bedroom 2 bath conveniently located in Big Lake. Full finished basement walks out to the lake front view of Blacks Lake. This home has tons of updates! Huge living room, family room, and primary bedroom! Updates include new flooring throughout, fresh paint, kitchen sink, counter tops, bathroom vanity's, exterior paint, and landscaping! Don't miss the opportunity to enjoy a short walk to Lake Mitchell and Big Lake. Big Beach offers a brand new park, fishing dock, public water access, Farmers Market (Thursdays), and Free local events!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
28
BikeSomewhat Bikeable

Schools

7/10
5/10
Big Lake Middle SchoolGrades 6-81.4 mi
9/10

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Water Softener Owned
  • Laundry features: Lower Level

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Egress Window(s),Finished,Full,Walk-Out Access

Bedroom

  • Level: Lower
  • Area: 160
  • Dimensions: 16x10

Bedroom2

  • Level: Lower
  • Area: 100
  • Dimensions: 10x10

Bedroom3

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedroom4

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

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

Family Room

  • Level: Lower
  • Area: 299
  • Dimensions: 23x13

Features

  • Finished area below ground: 535
  • Finished area above ground: 1,020

Heating & Cooling

  • Heating features: Boiler
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 1,580
  • Total interior livable area: 1,555 sqft

Kitchen

  • Level: Main
  • Area: 176
  • Dimensions: 16x11

Living Room

  • Level: Main
  • Area: 312
  • Dimensions: 26x12

Loft

  • Level: Upper
  • Area: 240
  • Dimensions: 30x8

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 65004220140
  • Zoning description: Residential-Single Family
  • Foundation area: 908

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: None
  • Patio & porch: Deck
  • Fencing: None
  • On waterfront: Yes
  • Waterfront features: Lake Front

Lot

  • Lot size: 0.52 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 90 x 245 x 91 x 261

Parking

  • Total spaces: 1
  • Parking features: Detached Garage,Concrete
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Cold Wave
Hail
Inland Flooding
Winter Weather

FEMA Declared Disasters in Sherburne County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,365$16,380
Home Insurance *$180$2,160
Property Taxes $285$3,420
Electricity $170$2,050
Total$2,000$24,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,571/yr
40% on housing$60,000/yr
45% on housing$53,333/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 55309$170
Sherburne County$177

vs Homes Sold Last Month

Median $/sqft

ZIP 55309$181
Sherburne County$175

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-18Pending sale$270,000
2026-08-07Price change$265,000
2026-07-22Listed for sale$270,000
2023-12-06Sold$240,000
2006-09-01Sold$155,500
1998-08-24Sold$93,900

For Sale by Agent

AgentAlex Powell
BrokerageJPW Realty

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