NOT LISTED FOR SALE

1408 Cardinal Rd Lake No. 2, MN 55616

Estimated Value: $150,000 - $171,000

10 Acres
$16,094 Price per Acre
435,600 Sq Ft Lot

Last Sold August 20, 2020

Last sale price $110,000

Est. 46% increase in value since last sale

Current estimated payment $919/month

8 Days on Market

About This Lot

As of August 2020

GREAT LOCATION! Less than 2 miles from TWO HARBORS, and easy access to Hwy 61 all on black top road. 10 Acre with Driveway and Large New Construction 36x48 metal building with slab already there for you!

Last Agent to Sell the Property

Lynn Larson

Century 21 Atwood Listed on: 07/29/2020

Last Buyer's Agent

Cassandra Scrignoli

Messina & Associates Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $323

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1320
  • Property fronts a county road

Parking

  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Pole Barn

Property Details

Property Type

Land

Est. Annual Taxes

$323

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Valley Rd to East on to Cardinal Rd. (Cardinal Road turns into 20th Ave)
  • L O1 Office Phone1 Number: 218-722-8221
  • List Price/ Sq Ft: 11000
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Pole Building
  • Road Frontage: Paved, County

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-07-29
  • Estimated Lot Dimensions: 330x1320
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: Yes

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 323.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Aug 14, 2020
Sold by
Vatne Derek N and Vatne Kristy L
Bought by
Pji Mountain Props Llc
Seller's Agent
Lynn Larson
Century 21 Atwood
Buyer's Agent
Cassandra Scrignoli
Messina & Associates Real Estate
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$160,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,943
Avg. Annual Appreciation
9.62%

Purchase Details

Listed on
Jul 7, 2017
Closed on
Dec 27, 2017
Sold by
Edlund Nicholas C and Edlund Sarah L
Bought by
Vatne Derek N and Vatne Kristy L
Seller's Agent
Lynn Larson
Century 21 Atwood
Buyer's Agent
Jon Chapek
Odyssey Real Estate Group
List Price
$45,000
Sold Price
$45,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.29%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Herschbach Dennis E and Schaefer Victoria
Bought by
Edlund Nicholas C and Edlund Sarah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.6%
Mortgage Type
New Conventional
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
Pji Mountain Props Llc $110,000 None Available
Vatne Derek N $45,000 None Available
Edlund Nicholas C $32,500 St Louis County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Edlund Nicholas C $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $110,000 0.0% --
08/06/2020 08/06/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $110,000 +144.4% --
12/30/2017 12/30/17 Sold $45,000 0.0% --
12/23/2017 12/23/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $45,000 -- --
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 $504 $104,300 $58,400 $45,900
2023 $449 $98,400 $58,400 $40,000
2022 $843 $79,400 $50,700 $28,700
2021 $809 $79,900 $46,200 $33,700
2020 $323 $70,106 $36,406 $33,700
2019 $286 $36,400 $36,400 $0
2018 $263 $36,400 $36,400 $0
2017 $257 $33,000 $33,000 $0
2016 $234 $31,500 $31,500 $0
2015 $232 $28,400 $28,400 $0
2014 $232 $0 $0 $0
2013 $260 $0 $0 $0
2012 $259 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lynn Larson

    Century 21 Atwood

    (218) 722-8221

    43 in this area

    71 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Cassandra Scrignoli

    Messina & Associates Real Estate

    (218) 343-2222

    2 in this area

    301 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jon Chapek

    Odyssey Real Estate Group

    (952) 715-7707

    22 in this area

    112 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6092011

APN: 25-5311-35560

Minnesota Lake County 55616

1408 Cardinal Rd, MN

This home is located at 1408 Cardinal Rd, Lake No. 2, MN 55616 since 29 July 2020 and is currently estimated at $160,943. 1408 Cardinal Rd is a home located in Lake County with nearby schools including Minnehaha Elementary School, Two Harbors Secondary, and Northwoods Christian Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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