S
Seller's Agent in 2023
Steve Aberhamson
Vermilion Land Office, Inc.
(218) 780-4769
25 Total Sales
Estimated Value: $408,000 - $472,000
2
Beds
1
Bath
624
Sq Ft
$714/Sq Ft
Est. Value
Highlights
- 101 Feet of Waterfront
- No HOA
- Living Room
- Beach Access
- Eat-In Kitchen
- 1-Story Property
About This Home
As of May 2023Cabin in the soaring pine features two bedrooms, one bath, free standing wood-burning fireplace, and a 11 x 33 covered deck overlooking the sparkling waters of Lake Vermilion. Additional features include a 10x16 sauna, 8x8 storage building, and a metal roll-out dock. The site features 3.67 acres and 101 feet of lakeshore. The property is located within a short distance of hiking and biking trails in the nearby Vermilion State Park, snowmobile trails, local public beaches, Fortune Bay Golf Course and Casino, and local shopping. The sale will include a new holding tank.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,881
Year Built
- Built in 1974
Lot Details
- 3.67 Acre Lot
- Lot Dimensions are 560x200
- 101 Feet of Waterfront
- Lake Front
- Irregular Lot
- Few Trees
- Zoning described as Shoreline,Residential-Single Family
Parking
- Open Parking
Home Design
- Wood Siding
Interior Spaces
- 624 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Free Standing Fireplace
- Living Room
- Crawl Space
Kitchen
- Eat-In Kitchen
- Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Outdoor Features
- Beach Access
Utilities
- No Cooling
- Space Heater
- The lake is a source of water for the property
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 270002002965
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
May 26, 2023
Sold by
Weiss Janet and Weiss Robert
Bought by
Salerno Matthew and Salerno Betty
Seller's Agent
Steve Aberhamson
Vermilion Land Office, Inc.
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc.
List Price
$425,000
Sold Price
$425,000
Views
10
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
$20,230
Avg. Annual Appreciation
1.76%
Original Mortgage
$300,000
Outstanding Balance
$291,474
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$153,756
Purchase Details
Closed on
Sep 30, 2022
Sold by
Muhvic Joel Louis and Muhvic Elizabeth Frances
Bought by
Weiss Janet Ann and Weiss Robert
Purchase Details
Closed on
Nov 15, 2016
Sold by
Muhvic Elizabeth Frances and Muhvic Joel Louis
Bought by
Muhvic Joel Louis and Muhvic Elizabeth Frances
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Salerno Matthew | $425,000 | -- | |
| Weiss Janet Ann | $90,000 | -- | |
| Muhvic Joel Louis | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Salerno Matthew | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/26/2023 05/26/23 | Sold | $425,000 | 0.0% | $681 / Sq Ft |
| 05/01/2023 05/01/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $425,000 | -- | $681 / Sq Ft |
Source: NorthstarMLS
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 |
|---|---|---|---|---|
| 2024 | $2,986 | $253,200 | $180,100 | $73,100 |
| 2023 | $2,986 | $231,600 | $166,500 | $65,100 |
| 2022 | $2,920 | $234,100 | $169,000 | $65,100 |
| 2021 | $2,880 | $200,600 | $146,200 | $54,400 |
| 2020 | $3,072 | $200,600 | $146,200 | $54,400 |
| 2019 | $2,794 | $211,300 | $149,400 | $61,900 |
| 2018 | $2,760 | $198,400 | $136,500 | $61,900 |
| 2017 | $2,754 | $192,500 | $136,600 | $55,900 |
| 2016 | $2,742 | $192,500 | $136,600 | $55,900 |
| 2014 | $3,036 | $197,900 | $136,600 | $61,300 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Aberhamson
-
Barbara Hegg
Buyer's Agent in 2023
Barbara Hegg
Vermilion Land Office, Inc.
(218) 742-2369
190 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6361602
APN: 270002002965
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