NOT LISTED FOR SALE

1878 Highway 11 E Unit 2 International Falls, MN 56649

Estimated Value: $473,328 - $570,000

2 Beds
2 Baths
2,049 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $450,000 $220 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,418/month

Highlights

  • 57 Feet of Waterfront
  • Wine Cellar
  • 1 Fireplace
  • Dock Facilities
  • Lake View
  • Walk-In Pantry

About This Home

As of September 2022

Rare Rainy Lake turnkey home for sale under $600,000. 2 Bedroom/ 2 Bathroom townhome with a 2 stall heated/detached garage at Cormorant Village with the most spectacular views ever created! $175/month dues cover water, garbage, mowing, snow removal, marina docking and storage building upkeep. Your 40' foot dock slip comes with a 10x60 storage unit in the marina parking lot. Wake up with eastern views of Voyageurs National Park, southern views of Black Bay and come evening watch the western sunset!

Last Listed By

Barry Woods

Move it Real Estate Group/Lake Listed on: 07/01/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,058

Year Built

  • Built in 1994

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 63x339
  • 57 Feet of Waterfront
  • Lake Front

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Wine Cellar
  • Family Room
  • Living Room
  • Lake Views
  • Walk-In Pantry

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Dock Facilities
  • Shared Waterfront

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Well

Community Details

  • Association fees include dock, trash, lawn care, snow removal, water
  • Cormorant Village Association, Phone Number (612) 201-2100
  • Casaretos Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0706701170

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,058

Year Built

Built in 1994

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Well
  • Association Amenities: Boat Slip, Deck, Dock, Other
  • Fee Frequency: Monthly
  • Year Built: 1994
  • Above Grade Finished Sq Ft: 1979
  • Water Body Name: Rainy
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Other
  • Living Area: 2049
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 70
  • Basement YN: No
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Foyer, Pantry (Walk-In), Laundry, Bathroom, Wine Cellar

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • PoolFeatures: None
  • View: Lake
  • Other Structures: Boat House
  • Lake Acres: 230301
  • LakeChain: N
  • Waterfront Frontage: 57

Garage/Parking

  • Parking Features: Detached, Heated Garage, Other, Storage
  • Garage Square Feet: 360

Utilities

  • Heating: Baseboard, Dual, Heat Pump
  • Sewer: City Sewer/Connected
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • HOA Fee Includes: Dock, Trash, Lawn Care, Snow Removal, Water
  • Phone: 612-201-2100
  • Association Fee: 175
  • Association: Yes
  • Amenities Unit: Deck,Dock,Other,Boat Slip

Association/Amenities

  • HOA Management Co: Cormorant Village

Schools

  • Junior High Dist: International Falls
  • SchoolDistrictNumber: 361
  • SchoolDistrictPhone: 218-283-2571

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: Yes
  • Lot Size: 63x339
  • Lot Size Sq Ft: 17859.6
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 0706701170
  • Tax Annual Amount: 2058
  • TaxWithAssessments: 2972.0000

Multi Family

  • WaterfrontFeatures: Association Access, Dock, Lake Front, Lake View, Shared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Sep 30, 2022
Sold by
Holmstrom Shron
Bought by
Jorgenson James and Jorgenson Nancylee
Seller's Agent
Barry Woods
Move it Real Estate Group/Lake
Buyer's Agent
Julie Schumacher
Move it Real Estate Group/Lake
List Price
$549,000
Sold Price
$450,000
Premium/Discount to List
-$99,000
-18.03%
Total Days on Market
0
Current Estimated Value
$527,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,582
Avg. Annual Appreciation
6.19%
Original Mortgage
$360,000
Outstanding Balance
$346,515
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$181,067

Purchase Details

Closed on
Dec 20, 2021
Sold by
Holmstrom Dennis and Holmstrom Sharon
Bought by
Clay Amy H and Clay Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
2.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 10, 2021
Sold by
Holmstrom Dennis and Holmstrom Sharon
Bought by
Holmstrom Dennis and Holmstrom Sharon

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
Jorgenson James $450,000 --
Clay Amy H $3,000 None Available
Holmstrom Dennis $3,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgenson James $360,000
Previous Owner Holmstrom Dennis $195,000
Previous Owner Holmstrom Dennis $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $450,000 -18.0% $220 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $549,000 -- $268 / Sq Ft
Source: NorthstarMLS

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 $3,474 $409,200 $86,500 $322,700
2023 $3,474 $411,500 $88,600 $322,900
2022 $2,972 $385,800 $83,100 $302,700
2021 $2,902 $257,200 $55,400 $201,800
2020 $3,022 $265,500 $63,700 $201,800
2019 $3,072 $284,800 $60,900 $223,900
2018 $2,142 $290,400 $66,500 $223,900
2017 $2,024 $279,300 $55,400 $223,900
2016 $2,122 $279,300 $55,400 $223,900
2015 $2,148 $279,300 $55,400 $223,900
2014 -- $273,400 $49,500 $223,900
2013 -- $275,900 $52,000 $223,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6230169

NorthstarMLS

APN: 07-067-01170