NOT LISTED FOR SALE

1531 W Island Lake Rd Cromwell, MN 55726

Estimated Value: $326,000 - $449,166

3 Beds
2 Baths
2,016 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 02, 2018

Last sale price $164,900 $82 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $2,343/month

214 Days on Market

Highlights

  • Private Waterfront
  • Spa
  • Deck
  • Second Kitchen
  • 31.47 Acre Lot
  • Pole Barn

About This Home

As of November 2018

Private setting on 30 ac. 3 Bdrm 2 Ba home on Island lake with 1000ft of lake frontage. Pole building 36x54. New range, new duct work and registers for the heat upstairs, new chimney. Buyer and Buyer's agent to verify all information.

Last Agent to Sell the Property

Cathy Edin

East West Realty-Moose Lake Listed on: 02/21/2018

Last Buyer's Agent

Elsa Ring

Evergreen Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1978

Lot Details

  • 31.47 Acre Lot
  • Private Waterfront
  • 1,000 Feet of Waterfront
  • Lake Front
  • Irregular Lot

Home Design

  • Split Foyer
  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Laundry Room

Kitchen

  • Second Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Spa
  • Deck
  • Pole Barn

Utilities

  • No Cooling
  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 90-010-1500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,740

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 73 to South to W Island lake rd. to property
  • L O1 Office Phone1 Number: 218-485-0314
  • List Price/ Sq Ft: 81.8
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1008
  • Below Grade Finished Sq Ft: 1008
  • Garage Type: Detached
  • Heat: Baseboard, Dual Fuel/Off Peak, Forced Air, Propane, Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Room 10: Laundry Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1978
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove
  • Basement Features: Egress Windows, Finished, Walkout, Kitchen, Utility Room
  • Basement Material: Concrete Block, Poured Concrete
  • Estimated Basement Sq Ft: 1008
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: basement
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Family Room
  • Room 7: Bedroom
  • Room 8: 2nd Kitchen
  • Room 9: Spa/Sauna
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2016
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Pole Building
  • Waterfront Access: Private
  • Water Frontage In Feet: 1000
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Cromwell-Wright #95
  • Junior High Dist: Cromwell-Wright #95

Lot Info

  • Geo Update Timestamp: 2018-04-23
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 31.47
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot
  • Parcel Number: 90-010-1500
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 2740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Nov 2, 2018
Bought by
Mcmahon John John
Seller's Agent
Cathy Edin
East West Realty-Moose Lake
Buyer's Agent
Elsa Ring
Evergreen Realty LLC
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$384,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,892
Avg. Annual Appreciation
13.01%
Original Mortgage
$131,920
Interest Rate
4.83%

Purchase Details

Listed on
Feb 21, 2018
Closed on
Oct 24, 2018
Sold by
Fhlm
Bought by
Mcmahon John and Mcmahon Lynda
Seller's Agent
Cathy Edin
East West Realty-Moose Lake
Buyer's Agent
Elsa Ring
Evergreen Realty LLC
List Price
$164,900
Sold Price
$164,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,920
Interest Rate
4.83%
Source: Public Records

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
Mcmahon John John $164,900 --
Mcmahon John -- Title One Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahon John John $131,920
Previous Owner Mcmahon John John --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2018 11/02/18 Sold $164,900 0.0% $82 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $164,900 -- $82 / 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 $3,544 $340,600 $160,900 $179,700
2023 $3,452 $316,700 $153,200 $163,500
2022 $2,756 $316,700 $153,200 $163,500
2021 $2,654 $241,100 $116,100 $125,000
2020 $2,748 $235,000 $115,900 $119,100
2019 $2,698 $229,800 $115,900 $113,900
2018 $2,644 $228,600 $114,700 $113,900
2017 $2,758 $223,200 $114,700 $108,500
2016 $2,700 $223,200 $114,700 $108,500
2015 $2,680 $189,300 $108,200 $81,100
2014 -- $195,100 $108,500 $86,600
2013 -- $195,100 $108,500 $86,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cathy Edin

    East West Realty-Moose Lake

  • Elsa Ring

    Buyer's Agent in 2018

    Elsa Ring

    Evergreen Realty LLC

    (612) 801-2764

    49 Total Sales

    Elsa Ring
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6033195

APN: 90-010-1500

Minnesota Carlton County Cromwell 55726

1531 W Island Lake Rd, Cromwell, MN

This home is located at 1531 W Island Lake Rd, Cromwell, MN 55726 since 21 February 2018 and is currently estimated at $384,792, approximately $190 per square foot. This property was built in 1978. 1531 W Island Lake Rd is a home located in Carlton County with nearby schools including Cromwell-Wright Elementary School.

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