NOT LISTED FOR SALE

1367 Timber Ridge Ln Carlton, MN 55718

Estimated Value: $78,000 - $829,000

7 Acres
$88,731 Price per Acre
290,981 Sq Ft Lot

Last Sold May 12, 2021

Last sale price $57,500

Est. 883% increase in value since last sale

Current estimated payment $3,702/month

53 Days on Market

About This Lot

As of May 2021

This home is located at 1367 Timber Ridge Ln, Carlton, MN 55718 since 16 February 2021 and is currently estimated at $592,720. 1367 Timber Ridge Ln is a home located in Carlton County with nearby schools including South Terrace Elementary School and Carlton Secondary School.

Last Agent to Sell the Property

Wendy Lyytinen

RE/MAX Results Listed on: 02/16/2021

Last Buyer's Agent

Kayla Vang

Coldwell Banker Realty - Duluth

Coldwell Banker Realty - Duluth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $936

Lot Details

  • 6.68 Acre Lot
  • Cul-De-Sac
  • Few Trees

Property Details

Property Type

Land

Est. Annual Taxes

$936

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: from Carlton go South on Cty Rd 1 to Cty Rd 3 take Cty Rd 3 to Jay West Rd from Jay West Rd take right on Brook Hollow Dr which turns into Timber Ridge Ln
  • L O1 Office Phone1 Number: 218-879-6754
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 8607.78
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Available Utilities: Electric
  • Power Company: Minnesota Power

Schools

  • School District: Carlton #93
  • Junior High Dist: Carlton #93

Lot Info

  • Geo Update Timestamp: 2021-02-16
  • Estimated Lot Dimensions: IRR
  • Estimated Number of Acres: 6.68
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Cul De Sac, Tree Coverage - Light

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 12, 2021
Sold by
Bergman Peter A and Bergman Connie L
Bought by
Collins Jeffrey B and Collins Khrista M
Seller's Agent
Wendy Lyytinen
RE/MAX Results
Buyer's Agent
Kayla Vang
Coldwell Banker Realty - Duluth
List Price
$57,500
Sold Price
$57,500
Total Days on Market
53
Current Estimated Value
$565,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$507,756
Avg. Annual Appreciation
71.02%
Original Mortgage
$44,800
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 14, 2020
Sold by
Vern Reynolds Const Co
Bought by
Bergman Peter A and Bergman Connie L

Purchase Details

Closed on
Sep 6, 2012
Sold by
Vern Reynolds Construction Company Inc
Bought by
Builders Development & Finance Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Collins Jeffrey B $57,500 Misc Company
Bergman Peter A $48,000 Stewart Title
Builders Development & Finance Inc $12,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Collins Jeffrey B $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $57,500 0.0% --
04/10/2021 04/10/21 Pending -- -- --
02/16/2021 02/16/21 For Sale $57,500 -- --
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 $6,954 $650,100 $105,200 $544,900
2023 $6,954 $605,000 $90,200 $514,800
2022 $886 $605,000 $90,200 $514,800
2021 $904 $48,600 $48,600 $0
2020 $936 $48,600 $48,600 $0
2019 $838 $48,600 $48,600 $0
2018 $770 $44,400 $44,400 $0
2017 $752 $44,000 $44,000 $0
2016 $774 $44,000 $44,000 $0
2015 $774 $44,000 $44,000 $0
2014 -- $44,000 $44,000 $0
2013 -- $46,300 $46,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094922

APN: 81-316-0220