NOT LISTED FOR SALE

1520 Slate Rd Isabella, MN 55607

Estimated Value: $373,000 - $403,000

2 Beds
1 Bath
1,561 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $359,000 $230 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,278/month

7 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Wood Flooring
  • Docks
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2022

Beautiful year-round log cabin in Isabella's peaceful northwoods situated on Slate Lake with breathtaking lake views and easy year-round access off of scenic Highway 1. Interior highlights a traditional open floor plan, large loft overlooking the lake, and a big walkout basement with excellent storage. Level shoreline with a brand new permanent dock, woodshed, and outdoor fire ring for a quiet evening under the amazing night sky. Slate Lake is primarily undeveloped State and Federal lands with only a handful of other privately owned homes and cabins - perfect for boating, fishing, and paddling. Ideal access to miles of trails for snowmobiling and ATV's, as well as other nearby lakes to explore. Truly the perfect place for the outdoor enthusiast. Cabin comes mostly furnished and is ready for immediate enjoyment!

Last Agent to Sell the Property

Heather Franciskovich

Listed on: 04/24/2022

Last Buyer's Agent

Heather Franciskovich

Listed on: 04/24/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 2002

Lot Details

  • 3.5 Acre Lot
  • Private Waterfront
  • 398 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Level Lot
  • Irregular Lot

Home Design

  • Log Cabin
  • Concrete Foundation
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1,561 Sq Ft Home
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Den
  • Loft
  • Wood Flooring
  • Range

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Drilled Well
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-6010-08625/17311/08616

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,215

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely -- South on Highway 1 towards Isabella. Turn left onto the second Slate Road, (just past Wander Rd on your right) -- Go straight back to fire #1520 at the end of the road.
  • L O1 Office Phone1 Number: 763-463-7500
  • List Price/ Sq Ft: 229.98
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1561
  • Garage Type: None
  • Heat: Forced Air, Wood, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 2002
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Refrigerator, Range/Stove
  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1561
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Other Buildings
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 398
  • Waterfront Name: Slate
  • Construction Status: Previously Owned
  • Exterior: Log
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-04-24
  • Estimated Lot Dimensions: Irregular 400 x 380
  • Estimated Number of Acres: 3.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Irregular Lot, Level
  • Parcel Number: 20-6010-08625/17311/08616
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2214.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2022
Closed on
May 25, 2022
Sold by
Bishop Jesse and Bishop Rebecca
Bought by
Reder Dean and Reder Alison
Seller's Agent
Heather Franciskovich
Buyer's Agent
Heather Franciskovich
List Price
$359,000
Sold Price
$359,000
Total Days on Market
7
Current Estimated Value
$383,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,344
Avg. Annual Appreciation
2.20%
Source: Public Records

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    Section Image

Range of Values:

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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
Reder Dean $359,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $359,000 0.0% $230 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
04/24/2022 04/24/22 For Sale $359,000 +33.5% $230 / Sq Ft
07/01/2020 07/01/20 Sold $269,000 0.0% $172 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $269,000 -- $172 / 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 $1,516 $363,100 $94,500 $268,600
2023 $1,871 $366,000 $94,500 $271,500
2022 $2,122 $408,900 $106,300 $302,600
2021 $2,030 $247,900 $95,300 $152,600
2020 $1,907 $205,205 $105,005 $100,200
2019 $2,084 $205,205 $105,005 $100,200
2018 $0 $225,800 $126,100 $99,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102370

APN: 20-6010-08625