NOT LISTED FOR SALE

1683 Bailey Rd Two Harbors, MN 55616

Estimated Value: $218,087 - $244,000

1 Bed
-- Bath
615 Sq Ft
$380/Sq Ft Est. Value

Sale Details

Date Sold: December 1, 2023

Last sale price $190,000 $309 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,330 / mo

114 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Primary Bedroom
  • No HOA
  • 40 Acre Lot
  • Loft
  • Log Cabin

About This Home

As of December 2023

A dream retreat! The ultimate in privacy. 40 acres with a log cabin. Excellent hunting for deer, moose, grouse & bear. Catch native brook trout from your private shoreline in the Gooseberry River. The property is entirely surrounded by public land. Easy access to snowmobile & ATV trails. The well-maintained log cabin features 5 sleeping bunks & a couch on the main floor and a 2 bed sleeping loft above. A barrel wood stove provides heat. The cabin has both electric & gas lights. Electricity is fed from the utility shed where a generator can be placed. Water is stored in a 55 gallon water drum. There is also a woodshed and deluxe outhouse. Everything on the property stays including all furnishings, appliances, riding mower and firewood. A rare opportunity to own land on the Gooseberry River. If you are looking for seclusion, this is it! All dimensions approximate. Buyer to verify.

Last Agent to Sell the Property

Dean Luoma

Coldwell Banker Realty - Duluth Listed on: 07/22/2023

Last Buyer's Agent

Dean Luoma

Coldwell Banker Realty - Duluth Listed on: 07/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $548

Year Built

  • Built in 1987

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 1320' x 1320'
  • Private Waterfront
  • 1,300 Feet of Waterfront
  • River Front

Parking

  • No Garage

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 615 Sq Ft Home
  • Multi-Level Property
  • Loft

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom

Outdoor Features

  • Storage Shed
  • Outhouse

Utilities

  • Heating System Uses Wood
  • Water Not Available

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 29-5510-09250

Home Details

Home Type

Single Family

Est. Annual Taxes

$548

Year Built

Built in 1987

Lot Details

40 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Two Harbors, take 4th Street north 17.3 miles (County Hwy 2/Forest Hwy 15). Take right onto Bailey Road and travel for 4 miles. Follow directional arrows.
  • L O1 Office Phone1 Number: 218-728-5161
  • PropAdjoinsPublicLand: Yes
  • Remodeled Addition: No
  • ShorelineCharacteristics: Shore-Vegetation
  • Property Sub-Type: Seasonal
  • Tax Year: 2023
  • Twp Number: 55
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 615
  • Garage Type: None
  • Heat: Wood
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 1
  • Year Built: 1987
  • Level 1 Bedroom: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Other
  • Bathroom 2: Loft
  • Stories: 1.25 - 1.75 Story
  • Total Fin Square Footage: 615
  • Exercise Room Level2: Upper

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Waterfront Access: Private
  • Water Frontage In Feet: 1300
  • Waterfront Name: Gooseberry River
  • Construction Status: Previously Owned
  • Exterior: Log

Utilities

  • Power Company: None
  • Sewer: Outhouse
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 1320' x 1320'
  • Estimated Number of Acres: 40
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 29-5510-09250
  • Waterfront Type: River

Tax Info

  • Tax Amount: 548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2023
Closed on
Nov 30, 2023
Sold by
Dahlstrom Thomas
Bought by
Iverson John and Iverson Kathleen
Seller's Agent
Dean Luoma
Coldwell Banker Realty - Duluth
Buyer's Agent
Dean Luoma
Coldwell Banker Realty - Duluth
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$233,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,522
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Jun 30, 2023
Sold by
Vollmer Steven
Bought by
Studier Ronald and Dahlstrom Thomas

Purchase Details

Closed on
Aug 17, 2017
Sold by
Studier Ruth Emily
Bought by
Studier Ronald James

Purchase Details

Closed on
Apr 6, 2010
Sold by
Dahlstrom Thomas L and Dahlstrom Judy A
Bought by
Dahlstrom Thomas L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Iverson John $47,500 --
Iverson John $142,500 --
Studier Ronald $12,000 --
Studier Ronald James -- None Available
Dahlstrom Thomas L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $190,000 0.0% $309 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
07/22/2023 07/22/23 For Sale $190,000 -- $309 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $986 $172,700 $58,200 $114,500
2024 $566 $159,400 $49,100 $110,300
2023 $374 $138,400 $49,100 $89,300
2022 $495 $82,800 $30,900 $51,900
2021 $501 $59,200 $30,900 $28,300
2020 $520 $59,600 $30,900 $28,700
2019 $480 $54,800 $32,800 $22,000
2018 $380 $54,800 $32,800 $22,000
2017 $432 $43,100 $32,800 $10,300
2016 $392 $50,900 $40,600 $10,300
2015 $418 $45,200 $36,900 $8,300
2014 $418 $0 $0 $0
2013 $408 $0 $0 $0
2012 $494 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109557

APN: 29-5510-09250

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