Seller's Agent in 2020
Jeff Hway
Bear Island Realty LLC
(218) 349-0906
168 Total Sales
Estimated Value: $625,000 - $862,000
2
Beds
1.5
Baths
2,480
Sq Ft
$301/Sq Ft
Est. Value
Highlights
- 600 Feet of Waterfront
- Deck
- Main Floor Primary Bedroom
- Panoramic View
- Wood Flooring
- Loft
About This Home
As of July 2020Gorgeous lake views from this 2+ bedroom lake home with southern exposure and one of the nicest sand beaches and settings in the area! This property offers an impressive 600+ feet of shoreline on Fall Lake, part of it facing the main lake, and part facing a quiet bay with lots of wildlife. Also, large pine trees, perennial gardens, awesome ledge rock outcroppings, trails, and aprox. 150 feet of frontage on scenic Lauder Creek with great views of and peaceful sounds from its upper and lower falls! The main home has over 1400 square feet of living space plus the basement. The main floor has 2 bedrooms (one with a master suite), a second bathroom, kitchen, large living room with white oak hardwood floors and great lake views and a native rock fireplace that will be used with propane or electric. Also a sliding glass door to the large lakeside deck. Upstairs is a large loft room that would be a great office or studio with its breathtaking views! Other features of the home are the large unfinished basement, and an awesome newer metal, made to look like shingles, roof. Right down near the lake is the original cabin, that is now a bunkhouse that is very spacious and has an efficient Kuuma wood stove for heat, and offers over 500 square feet of additional living and relaxing space. There is also a 2 stall garage, and numerous storage sheds of various sizes. Fall Lake offers direct water access to the Boundary Waters and you can use a motor boat on this lake and parts of Basswood Lake north of here, or paddle into the paddle only parts of the wilderness from here. Great fishing very close by! The setting here is awesome!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,194
Year Built
- Built in 1962
Lot Details
- 1.4 Acre Lot
- Lot Dimensions are 300 x 250
- 600 Feet of Waterfront
- Lake Front
- Landscaped with Trees
Property Views
- Lake
- Panoramic
Home Design
- Concrete Foundation
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
Interior Spaces
- Multi-Level Property
- Woodwork
- Double Pane Windows
- Combination Dining and Living Room
- Loft
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Parking
- 2 Car Detached Garage
- Gravel Driveway
Outdoor Features
- Shared Waterfront
- Deck
Farming
- Bunk House
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Oil
- Drilled Well
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 28-6375-18130
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2020
Closed on
Jul 31, 2020
Sold by
Bieber Duane P and Bieber Patricia N
Bought by
Fernandez Carlos J and Fernandez Carrie J
Seller's Agent
Jeff Hway
Bear Island Realty LLC
Buyer's Agent
Jeff Hway
Bear Island Realty LLC
List Price
$420,000
Sold Price
$420,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,001
Avg. Annual Appreciation
11.61%
Original Mortgage
$336,000
Outstanding Balance
$298,056
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$447,945
Purchase Details
Closed on
Oct 4, 2010
Sold by
Espointour Judy
Bought by
Espointour Judy
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fernandez Carlos J | $420,000 | None Available | |
| Espointour Judy | -- | None Available | |
| Bieber Duane P | $390,606 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Fernandez Carlos J | $336,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $420,000 | 0.0% | $169 / Sq Ft |
| 06/25/2020 06/25/20 | Pending | -- | -- | -- |
| 04/27/2020 04/27/20 | For Sale | $420,000 | -- | $169 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $4,656 | $627,400 | $253,000 | $374,400 |
| 2024 | $2,764 | $632,100 | $253,000 | $379,100 |
| 2023 | $2,263 | $640,100 | $256,300 | $383,800 |
| 2022 | $3,686 | $500,200 | $259,400 | $240,800 |
| 2021 | $3,601 | $396,600 | $248,000 | $148,600 |
| 2020 | $4,194 | $379,000 | $248,000 | $131,000 |
| 2019 | $4,220 | $412,100 | $279,300 | $132,800 |
| 2018 | $4,433 | $412,100 | $279,300 | $132,800 |
| 2017 | $3,963 | $428,100 | $293,500 | $134,600 |
| 2016 | $3,966 | $390,800 | $279,300 | $111,500 |
| 2015 | $3,967 | $392,400 | $279,300 | $113,100 |
| 2014 | $3,967 | $0 | $0 | $0 |
| 2013 | $4,116 | $0 | $0 | $0 |
| 2012 | $4,162 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Hway
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6089555
APN: 28-6375-18130
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