NOT LISTED FOR SALE

21 S Caps Trail Lutsen, MN 55612

Estimated Value: $317,000 - $385,000

1.5 Acres
$232,207 Price per Acre
65,340 Sq Ft Lot

Last Sold March 19, 2018

Last sale price $187,906

Est. 85% increase in value since last sale

Current estimated payment $1,990/month

Highlights

  • 200 Feet of Waterfront
  • Bunk House
  • Level Lot
  • Lake View
  • Landscaped with Trees

About This Lot

As of March 2018

Majestic white pines line the shore and a smooth gravel shoreline invites you for a swim. Enjoy toe dipping from the timber crib dock where loons, otter and beaver are regular visitors. Catch walleye from the dock or gather around the lakeside picnic area for an evening campfire. Only 20 minutes from Lutsen, Tait Lake is surrounded by the National Forest. BWCA entry points are just a few miles away. Tait Lake itself resembles the BWCA, as cabins are inconspicuous and much of the lake is undeveloped National Forest land. The lake is great, but the land is SPECTACULAR! A nice mix of trees: white pine, cedar, spruce, birch. Circle driveway has a fresh gravel topcoat. Two-car heated/insulated garage with electricity, broadband and storage loft can serve as temporary shelter as you plan your future Tait Lake home or cabin! An excellent value with substantial infrastructure already in place and year-round access! Imagine sunsets and northern lights as you enjoy a glass of wine on the dock.

Last Agent to Sell the Property

Kim Wolff

TimberWolff Realty LLC Listed on: 03/19/2018

Last Buyer's Agent

Kim Wolff

TimberWolff Realty LLC Listed on: 03/19/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,148

Lot Details

  • 1.5 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees
  • Finished Lot(s)

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • Gravel Driveway

Additional Features

  • Lake Views
  • Bunk House
  • Underground Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$1,148

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Estimated Wooded Acres: 1
  • Class: LOT/LAND
  • Directions: North on Caribou Trail 13.25 miles to Caps Tr on left. Go slow! At T, turn Left to #21 on Right. NO DRIVEBYS SHOWN BY APPT ONLY.
  • Waterfront Info Lake Chain: No
  • Waterfront Info Lake Maximum Depth: 15
  • L O1 Office Phone1 Number: 218-663-8777
  • New Development Plat Recorded: Yes
  • PropAdjoinsPublicLand: No
  • RdBtwnWtrfrnt: No
  • Road Maintenance: Association, Private, Year Round
  • ShorelineCharacteristics: Gravel, Rocky
  • Property Sub-Type: Residential
  • Tax Year: 2017
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 355
  • Out Buildings: Bunkhouse
  • Water Frontage In Feet: 200
  • Waterfront Name: Tait

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Electric
  • On Site Utilities: Electric, Underground Utilities

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 200

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1.5
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Finished Lot
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Medium, Level
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Other

Tax Info

  • Tax Amount: 1148

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2018
Closed on
Mar 16, 2018
Sold by
Zak Paul J and Zak Lois M
Bought by
Lindskog Eric and Lindskog Jodi
Seller's Agent
Kim Wolff
TimberWolff Realty LLC
Buyer's Agent
Kim Wolff
TimberWolff Realty LLC
List Price
$187,906
Sold Price
$187,906
Current Estimated Value
$348,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,405
Avg. Annual Appreciation
8.17%
Original Mortgage
$150,324
Outstanding Balance
$129,180
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$219,131
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
Lindskog Eric $187,906 Registrar Of Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindskog Eric $150,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $187,906 0.0% --
03/19/2018 03/19/18 For Sale $187,906 -- --
01/30/2018 01/30/18 Pending -- -- --
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
2024 $1,940 $272,500 $227,100 $45,400
2023 $18 $266,600 $224,700 $41,900
2022 $1,542 $212,800 $174,400 $38,400
2021 $1,588 $169,200 $153,700 $15,500
2020 $1,154 $174,000 $158,300 $15,700
2019 $1,166 $126,400 $113,300 $13,100
2018 $1,116 $124,800 $113,300 $11,500
2017 $1,148 $128,500 $116,900 $11,600
2016 $1,038 $140,200 $126,500 $13,700
2015 $1,288 $140,200 $126,500 $13,700
2014 $1,258 $180,200 $166,500 $13,700
2012 -- $180,200 $166,500 $13,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kim Wolff

    TimberWolff Realty LLC

    (218) 370-0770

    19 Total Sales

    Kim Wolff
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6073600

APN: 27-345-0030

Minnesota Cook County Lutsen 55612

21 S Caps Trail, Lutsen, MN

Not Listed for Sale

Lots

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