NOT LISTED FOR SALE

16 Isak Ridge Lutsen Township, MN 55612

Estimated Value: $41,000

1.75 Acres
$23,429 Price per Acre
76,230 Sq Ft Lot

Last Sold December 06, 2019

Last sale price $28,500

Est. 44% increase in value since last sale

Current estimated payment $263/month

29 Days on Market

About This Lot

As of December 2019

Envision your Lutsen Northwoods cabin tucked amongst the quaking aspens and mature spruce, just a minute to the Caribou Trail, yet miles from all the worries you leave behind at the office! Hike from your front door in to miles of the Superior National Forest, explore the great Northwoods to your heart's content. All this while being less than 10 minutes to Lutsen Mountains Ski & Summer Resort! Year round access and electric at the road. The current owner has lovingly manicured and cleared a grass filled driveway leading to an open meadow like building area, imagine your small footprint home in the middle! All high ground for your building site. Adjoins common lands for a nice buffer. Sensible covenants on the land, electric at the road, year round access via association plowing. Minute's to Lutsen Ski and Summer Resort, Caribou Lake in Lutsen, and 25 minutes to the harbor town of Grand Marais. You won't find a better lot for the money, a must see!

Last Agent to Sell the Property

Chris Goettl

TimberWolff Realty LLC Listed on: 10/04/2019

Last Buyer's Agent

Chris Goettl

TimberWolff Realty LLC Listed on: 10/04/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $324

Lot Details

  • 1.75 Acre Lot
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Landscaped with Trees

HOA Fees

  • $21 Monthly HOA Fees

Property Details

Property Type

Land

Est. Annual Taxes

$324

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Estimated Wooded Acres: 1.75
  • Class: LOT/LAND
  • Senior Community: Yes
  • Directions: Caribou Tr to High Forest Lane on Rt. Take 2nd left on Maple Leaf to T, go Right on Isak Ridge Rd to #16
  • L O1 Office Phone1 Number: 218-663-8777
  • New Development Plat Recorded: Yes
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Association
  • Property Sub-Type: Residential
  • Tax Year: 2019
  • Twp Number: 60
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Unpaved

Utilities

  • Available Utilities: Electric
  • Power Company: Arrowhead Electric

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 250

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1.75
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Medium, Rolling

Tax Info

  • Tax Amount: 324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Nov 21, 2019
Sold by
Fifield and Pamela
Bought by
Soderholm Kevin and Soderholm Elise
Seller's Agent
Chris Goettl
TimberWolff Realty LLC
Buyer's Agent
Chris Goettl
TimberWolff Realty LLC
List Price
$28,500
Sold Price
$28,500
Current Estimated Value
$41,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,500
Avg. Annual Appreciation
6.36%
Original Mortgage
$22,800
Outstanding Balance
$15,196
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$25,804
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
Soderholm Kevin $28,500 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soderholm Kevin $22,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2019 12/06/19 Sold $28,500 0.0% --
11/02/2019 11/02/19 Pending -- -- --
10/04/2019 10/04/19 For Sale $28,500 -- --
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 $336 $40,200 $40,200 $0
2023 $3 $35,300 $35,300 $0
2022 $328 $35,200 $35,200 $0
2021 $494 $30,400 $30,400 $0
2020 $332 $45,600 $45,600 $0
2019 $324 $30,100 $30,100 $0
2018 $262 $36,400 $36,400 $0
2017 $244 $31,900 $31,900 $0
2016 $360 $31,900 $31,900 $0
2015 $338 $52,800 $52,800 $0
2014 $326 $52,800 $52,800 $0
2012 -- $52,800 $52,800 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Chris Goettl

    TimberWolff Realty LLC

    (218) 370-9012

    42 Total Sales

    Chris Goettl
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086735

APN: 27-156-1104

Minnesota Cook County 55612

16 Isak Ridge, MN

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