NOT LISTED FOR SALE

1566 Highway 61 Two Harbors, MN 55616

Estimated Value: $863,000 - $1,255,830

3 Beds
3 Baths
2,080 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $465,000 $224 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,912/month

95 Days on Market

Highlights

  • 250 Feet of Waterfront
  • 4.9 Acre Lot
  • Loft
  • Spa
  • Vaulted Ceiling
  • Log Cabin

About This Home

As of December 2012

Log home with spacious great room that overlooks Lake Superior. 3BD, 3B completely renovated, with all new carpeting, appliances, granite countertops, & bathroom vanities. Exterior with new roof, and recently restained. Over 240ft of shoreline with your own beach.

Last Agent to Sell the Property

Lavonne Christensen

Odyssey Real Estate Group Listed on: 07/23/2012

Last Buyer's Agent

Lavonne Christensen

Odyssey Real Estate Group Listed on: 07/23/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,348

Year Built

  • Built in 1994

Lot Details

  • 4.9 Acre Lot
  • 250 Feet of Waterfront
  • Lake Front

Parking

  • Detached Garage

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Loft
  • Kitchen Island
  • Washer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Spa

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 29-5310-29670

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,348

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North up Hwy 61 out of Two Harbors, about 2 miles, on lake side of highway.
  • L O1 Office Phone1 Number: 218-834-2495
  • List Price/ Sq Ft: 223.56
  • Property Sub-Type: SF/Detached
  • Tax Year: 2012
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Hot Tub, Kitchen Center Island, Vaulted Ceilings, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 2080
  • Garage Type: Detached
  • Heat: Fireplace, Natural Gas
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 2080
  • Basement Style: None
  • Bathroom 1 Level: full
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Spa/Sauna
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Loft
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2080
  • Exercise Room Level2: Main

Exterior Features

  • Water Frontage In Feet: 249.71
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Log

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2012-12-21
  • Estimated Lot Dimensions: 434.66x249.71, 399.81x520.50
  • Estimated Number of Acres: 4.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 29-5310-29670
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 8347.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2012
Sold by
The Lake Bank
Bought by
Odyssey Development Inc
Current Estimated Value
$1,019,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
3.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 8, 2011
Sold by
Obert William A and Obert Georgeann M
Bought by
The Lake Bank Na and The Lake Bank
Source: Public Records

Range of Values:

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Average Value
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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
Odyssey Development Inc $443,000 None Available
The Lake Bank Na $538,813 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Odyssey Development Inc $398,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $465,000 0.0% $224 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
07/23/2012 07/23/12 For Sale $465,000 -- $224 / 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
2025 $6,042 $1,120,900 $604,100 $516,800
2024 $3,452 $943,100 $436,000 $507,100
2023 $3,137 $814,800 $314,500 $500,300
2022 $4,302 $691,600 $290,200 $401,400
2021 $4,190 $508,500 $290,200 $218,300
2020 $4,997 $389,300 $262,800 $126,500
2019 $3,886 $440,700 $290,000 $150,700
2018 $4,651 $440,700 $290,000 $150,700
2017 $4,425 $440,700 $290,000 $150,700
2016 $3,969 $442,300 $290,000 $152,300
2015 $4,043 $389,400 $265,700 $123,700
2014 $4,043 $0 $0 $0
2013 $3,649 $0 $0 $0
2012 $8,348 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6002410

APN: 29-5310-29670