NOT LISTED FOR SALE

1602 Slate Rd Isabella, MN 55607

Estimated Value: $372,000 - $435,000

3 Beds
1 Bath
1,224 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $335,000 $274 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,314/month

4 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Ranch Style House
  • Docks
  • Deck
  • Sun or Florida Room

About This Home

As of August 2021

Come enjoy this peaceful setting year round in this beautiful 3 bedroom lake home. Fantastic water views from the 4-season sun room, open concept with beautiful kitchen, center island and spacious living. Water side bunkhouse, fish cleaning building, fire pit and dock. Plenty of garage space here with a 30 x 40 pole building! *SLLS*

Last Agent to Sell the Property

Kate Davies

Bear Island Realty LLC Listed on: 06/18/2021

Last Buyer's Agent

Anna Yahnke

Bear Island Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1958

Lot Details

  • 0.69 Acre Lot
  • Lot Dimensions are 170 x 135 x 132 x 182
  • Private Waterfront
  • 135 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,224 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Gas Fireplace
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Lower Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Additional Features

  • Energy-Efficient Windows
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 20-6060-08070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Ely, travel south on Hwy 1 to Slate Road. Turn left onto Slate Road and follow to the property address.
  • Waterfront Info Lake Maximum Depth: 7
  • L O1 Office Phone1 Number: 218-365-2800
  • List Price/ Sq Ft: 273.69
  • Road Maintenance: Private
  • ShorelineCharacteristics: Gravel
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Natural Woodwork, Patio Door
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1224
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1958
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1064
  • Basement Style: Crawl Space, Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Mud Room, Sunrm/Solarium
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Sunroom/Solarium
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1224
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 293
  • Out Buildings: Storage Shed, Bunkhouse
  • Waterfront Access: Private
  • Water Frontage In Feet: 135
  • Waterfront Name: Slate
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 4

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: 2021-06-21
  • Estimated Lot Dimensions: 170 x 135 x 132 x 182
  • Estimated Number of Acres: 0.69
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Level
  • Parcel Number: 20-6060-08070
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1085.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 10, 2021
Sold by
Nauer Ruth A
Bought by
Pennington Robert L and Pennington Judy A
Seller's Agent
Kate Davies
Bear Island Realty LLC
Buyer's Agent
Anna Yahnke
Bear Island Realty LLC
List Price
$335,000
Sold Price
$335,000
Current Estimated Value
$398,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,396
Avg. Annual Appreciation
4.35%
Original Mortgage
$251,250
Outstanding Balance
$192,128
Interest Rate
2.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$206,268
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
Pennington Robert L $335,000 None Available
Pennington Robert Robert $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennington Robert L $251,250
Closed Pennington Robert Robert $251,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2021 08/10/21 Sold $335,000 0.0% $274 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $335,000 -- $274 / 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 $1,924 $283,500 $93,100 $190,400
2024 $1,323 $319,700 $93,100 $226,600
2023 $1,461 $319,700 $93,100 $226,600
2022 $1,167 $319,500 $82,500 $237,000
2021 $1,086 $198,400 $74,700 $123,700
2020 $1,195 $85,800 $74,700 $11,100
2019 $1,100 $83,300 $72,200 $11,100
2018 $885 $180,100 $72,200 $107,900
2017 $664 $155,300 $79,400 $75,900
2016 $661 $135,400 $62,900 $72,500
2015 $693 $136,200 $62,900 $73,300
2014 $693 $0 $0 $0
2013 $524 $0 $0 $0
2012 $518 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kate Davies

    Seller's Agent in 2021

    Kate Davies

    Bear Island Realty LLC

    (218) 343-9173

    177 Total Sales

    Kate Davies
    Section Image
  • Anna Yahnke

    Buyer's Agent in 2021

    Anna Yahnke

    Bear Island Realty LLC

    (218) 235-3547

    190 Total Sales

    Anna Yahnke
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097746

APN: 20-6060-08070

Minnesota Lake County 55607

1602 Slate Rd, MN

This home is located at 1602 Slate Rd, Isabella, MN 55607 since 18 June 2021 and is currently estimated at $398,396, approximately $325 per square foot. This property was built in 1958. 1602 Slate Rd is a home located in Lake County with nearby schools including Minnehaha Elementary School and Two Harbors Secondary.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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