NOT LISTED FOR SALE

2539 Wakely Rd Unit Lake Vermilion Cook, MN 55723

Estimated Value: $168,000 - $395,000

2 Beds
1 Bath
759 Sq Ft
$389/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $150,000 $198 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,768/month

31 Days on Market

Highlights

  • 70 Feet of Waterfront
  • Bay View
  • Main Floor Primary Bedroom
  • Docks
  • Deck
  • Woodwork

About This Home

As of June 2016

Cozy two bedroom cabin with many updates including tongue and groove pine paneling on ceiling and walls, new carpet, plus full bath with tub and shower. Open floor design and lots of windows with incredible views of a protected bay. Located near the water's edge with a deck that allows you to enjoy the lakefront and privacy. Only 10 minutes from Cook off a paved maintained road, level lot, storage shed, and sold fully furnished are all included. Just bring your fishing pole, relax, and enjoy! First time on market! Don't miss this one! Ideal access property for the boat access properties.

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office, Inc Listed on: 04/20/2016

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office, Inc Listed on: 04/20/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $902

Year Built

  • Built in 1960

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 114x70
  • 70 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped
  • Few Trees

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 759 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Open Floorplan
  • Storage Room
  • Bay Views
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Space Heater
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 250-0082-00040

Home Details

Home Type

Single Family

Est. Annual Taxes

$902

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 53 North to Cook. From Cook, North on Hwy 24 approximately 3 miles. Right on County Road 78 to Wakely Road approximately 3 miles. Left on Wakely Road approximately .9 miles to FN 2539 on left.
  • L O1 Office Phone1 Number: 218-753-8985
  • List Price/ Sq Ft: 197.63
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Twp Number: 63
  • View Type:Pond View: Bay
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 759
  • Garage Type: None
  • Heat: Space/Wall Heater, Electric
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 759
  • Basement Style: Crawl Space
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Foyer
  • Room 8: Storage Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 759
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County, Paved
  • Water Frontage In Feet: 70
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2016-06-29
  • Estimated Lot Dimensions: 114x70
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Tree Coverage - Light, BWCA Area
  • Parcel Number: 250-0082-00040
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jun 22, 2016
Sold by
Roensch Allan J and Roensch Sue E
Bought by
Mcmorrow Thomas E and Mcmorrow Michelle M
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$295,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,494
Original Mortgage
$117,600
Outstanding Balance
$96,617
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcmorrow Thomas E $150,000 All American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmorrow Thomas E $117,600
Previous Owner Roensch Allan J $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $150,000 0.0% $198 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $150,000 -- $198 / 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
2023 $1,634 $161,800 $88,400 $73,400
2022 $1,660 $155,000 $88,400 $66,600
2021 $1,678 $132,300 $76,800 $55,500
2020 $1,632 $132,300 $76,800 $55,500
2019 $1,558 $127,800 $72,300 $55,500
2018 $1,524 $125,700 $76,400 $49,300
2017 $894 $120,600 $76,400 $44,200
2016 $902 $116,000 $71,800 $44,200
2015 $1,129 $89,200 $55,200 $34,000
2014 $1,129 $110,700 $64,000 $46,700
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2016

    Barbara Hegg

    Vermilion Land Office, Inc

    (218) 742-2369

    221 Total Sales

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021670

APN: 250008200040

Minnesota St Louis County Cook 55723

2539 Wakely Rd Unit Lake Vermilion, Cook, MN

This home is located at 2539 Wakely Rd Unit Lake Vermilion, Cook, MN 55723 since 20 April 2016 and is currently estimated at $295,494, approximately $389 per square foot. This property was built in 1960. 2539 Wakely Rd Unit Lake Vermilion is a home located in St. Louis County with nearby schools including North Woods Elementary School.

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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