NOT LISTED FOR SALE

1316 Kane Lake Rd Two Harbors, MN 55616

Estimated Value: $279,000 - $329,000

2 Beds
1 Bath
948 Sq Ft
$325/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $300,000 $316 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,866/month

9 Days on Market

Highlights

  • 19.11 Acre Lot
  • Great Room
  • 4 Car Detached Garage
  • Main Floor Primary Bedroom
  • No HOA
  • Porch

About This Home

As of September 2023

Nothing to do but turn the key~! This adorable and very well maintained 2 bed/1 bath home or cabin sits on over 19 acres and is surrounded by state land! Step inside the generous 3 season porch, a perfect drop-spot on your way to the great room that has a large (gas) stone fireplace and dining/living/kitchen combo. The off peak electric in-floor heat is efficient and keeps your feet nice and warm on the tiled floors! Bonus: main floor storage and laundry room! A 20x20 slab off the front of the house was designed with an addition in mind! You will be wowed by the large fully fenced in yard! Complete with concrete patio perfect for grilling and a screened in gazebo. The campfire area is a perfect place to spend time with friends and roast a few marshmallows! The landscaping includes a wide variety of perennials & shrubs, blueberry bushes and a strawberry patch! You will fall in love with the 30x40 garage! It's insulated and plumbed with its own in-floor heat system and back up heater! With so many extras such as RV hook up, pond, shed, large driveway, ATV trails, proximity to State snowmobile trails and inland lake, this property won't last long! Schedule a showing today!

Last Agent to Sell the Property

Dee Furo

Legacy Real Estate Group LLC Listed on: 08/19/2023

Last Buyer's Agent

Joshua Gosar

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,772

Year Built

  • Built in 2007

Lot Details

  • 19.11 Acre Lot
  • Lot Dimensions are 650x1320

Parking

  • 4 Car Detached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 948 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • Great Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 29-5610-30560

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,772

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North approx. 19 miles up Hwy-2 out of Two Harbors to Kane Lake Rd on the East First property on the right, look for sign.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 316.46
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 948
  • Garage Type: Detached
  • Heat: Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Great Room
  • Main Residence Features:Family Room4: Porch
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 948
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 30x40

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Drilled, Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2023-08-19
  • Estimated Lot Dimensions: 650x1320
  • Estimated Number of Acres: 19.11
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 29-5610-30560

Tax Info

  • Tax Amount: 1772

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Sep 18, 2023
Sold by
Thompson Michael and Thompson Nancy
Bought by
Bruchu James and Bruchu Annette
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Joshua Gosar
RE/MAX Results
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$326,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,209
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
May 1, 2017
Sold by
Cavallin Diane M
Bought by
Thompson Michael L and Thompson Nancy J

Purchase Details

Closed on
Oct 12, 2007
Sold by
Goff Paul J and Goff Annette C
Bought by
Frericks Douglas R and Frericks Helen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bruchu James $300,000 --
Thompson Michael L $165,000 None Available
Frericks Douglas R $13,484 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frericks Douglas R $134,000
Previous Owner Frericks Douglas R $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $300,000 0.0% $316 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $300,000 -- $316 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $956 $267,400 $89,600 $177,800
2023 $1,082 $233,500 $89,600 $143,900
2022 $1,509 $239,500 $53,100 $186,400
2021 $1,530 $161,400 $53,100 $108,300
2020 $1,480 $139,200 $55,000 $84,200
2019 $137 $139,200 $55,000 $84,200
2018 $1,404 $139,200 $55,000 $84,200
2017 $1,416 $139,200 $55,000 $84,200
2016 $1,247 $147,800 $63,000 $84,800
2015 $205 $128,700 $59,200 $69,500
2014 $205 $0 $0 $0
2013 $693 $0 $0 $0
2012 $722 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110136

APN: 29-5610-30560