NOT LISTED FOR SALE

25407 Island View Dr Cohasset, MN 55721

Estimated Value: $1,580,000 - $1,924,000

5 Beds
3.5 Baths
5,120 Sq Ft
$350/Sq Ft Est. Value

Last Sold October 29, 2020

Last sale price $1,275,000 $249 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $11,723/month

120 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Panoramic View
  • Dock Available
  • Spa
  • Heated Floors

About This Home

As of October 2020

Stunning custom designed log home on a private peninsula surrounded by water views, sunrises and sunsets. Incredible elevation and landscaped yard lead to an excellent sandy beach on Little Jay Gould on the Pokegama chain of lakes. 1999 feet of shoreline with western exposure offering incredible sunsets. On the other side is a private back bay that attracts several species of wildlife and waterfowl. Quality craftsmanship and excellent layout in this turn key property located just a few minutes from the growing community of Grand Rapids, MN.

Last Listed By

Chad Simons

Sugar Lake Lodge Realty Listed on: 05/28/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,985

Year Built

  • Built in 1999

Lot Details

  • 3.2 Acre Lot
  • Lake Front

Parking

  • 3 Car Attached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Panel Doors
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Panoramic Views
  • Home Security System

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Beach Access
  • Dock Available
  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association
  • Donovan Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 054570410

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,985

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Type: Single Family
  • Property Subtype 1: (SF) Single Family
  • Architecture: Log Home
  • Cooling System: Central
  • Outside Features: Log
  • Garage Spaces: 3.00
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Fuel Type: Natural Gas
  • Year Built: 1999
  • Fractional Ownership Y N: No
  • Above Grade Finished Sq Ft: 3300.00
  • Above Grade Finished Area Search: 3300.00
  • Above Grade Finished Sq Ft: 3300.00
  • Assessment Pending Y N: No
  • Below Grade Finished Sq Ft: 1820.00
  • Below Grade Total Sq Ft: 1820.00
  • Below Grade Units: Square Feet
  • Carport Y N: No
  • Elevation High Point Waterfront: 10-15
  • Foundation Area Units: Square Feet
  • Internet Entire Listing Display: Yes
  • Internet Type: Fiber Optic
  • Lake Bottom Type: Hard, Sand
  • Lake Depth Feet: 56
  • List A O R Key Numeric: 23524
  • Listing Organization: Regional MLS of Minnesota
  • Living Area Finished: 5120.00
  • Living Area Finished Units: Square Feet
  • Main Level Area: 1900.00
  • Main Level Area Units: Square Feet
  • Parcel Numbers: 054570410,054570610
  • Rental License: No
  • Stories Type: One and One Half
  • Water Body Name: Little Jay Gould
  • Waterfront Frontage: 1999
  • Waterfront Slope Type: Gradual
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Finished (Livable), Full, Walkout
  • Fireplace Features: Family Room, Gas Burning, Living Room, Wood Burning
  • Living Area: 5120.00
  • Fireplace: Yes
  • Stories: 1
  • Below Grade Finished Sq Ft: 1820.00

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5

Exterior Features

  • Roof: Asphalt Shingles
  • LakeAcres: 149.97000
  • Waterfront View: Lake
  • Road Between Waterfront And Home: No

Garage/Parking

  • Parking Features: Attached Garage

Utilities

  • Heating: Forced Air, In-Floor Heating
  • Sewer: Private

Association/Amenities

  • Association Fee Yn: No
  • Property Amenities: Cable, Deck, Dock, Hardwood Floors, Hot Tub, Kitchen Window, Main Floor Master Bedroom, Paneled Doors, Panoramic View, Patio, Porch, Security System, Tile Floors, Vaulted Ceiling(s), Walk-In Closet, Wet Bar

Schools

  • School District: 318 - Grand Rapids
  • School District Phone: 218-327-5704

Lot Info

  • Zoning: Residential-Single Family
  • Construction: Previously Owned
  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Assessment Pending: No
  • Lot Size: irr
  • Homestead: Yes
  • LandLeaseAmountFrequency: No
  • Lot Features: Accessible Shoreline, Island/Peninsula, Tree Coverage - Heavy
  • Lot Size Acres: 3.2000
  • Lot Size Area Units: Square Feet

Building Info

  • New Development: No

Tax Info

  • TaxLegalDescription: DONOVAN ESTATES OUTLOT A
  • Tax Amount: 13985.00
  • Tax Year: 2019
  • Tax With Assessments: 14030.00
  • Assessor Parcel Number: 054570410

Multi Family

  • Above Grade Finished Sq Ft: Square Feet
  • WaterfrontFeatures: Lake Front

MLS Schools

  • School District Name: 318 - Grand Rapids

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Oct 29, 2020
Sold by
Justus James M and Justus Lisa A
Bought by
Olson James A and Olson Karen I
Seller's Agent
Chad Simons
Sugar Lake Lodge Realty
Buyer's Agent
Jane Roth-bristow
National Realty Guild
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%
Total Days on Market
120
Current Estimated Value
$1,793,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,604
Avg. Annual Appreciation
8.93%

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
Olson James A $1,275,000 None Available
Olson James James $1,275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson James A $548,250
Previous Owner Justus James M $250,000
Previous Owner Justus James M $275,000
Previous Owner Justus James M $44,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $1,275,000 -1.5% $249 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $1,295,000 -- $253 / 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
2023 $20,770 $1,654,200 $498,100 $1,156,100
2022 $19,804 $1,616,100 $542,600 $1,073,500
2021 $16,190 $1,292,700 $537,600 $755,100
2020 $15,190 $1,131,900 $514,100 $617,800
2019 $14,030 $1,002,200 $351,800 $650,400
2018 $12,472 $986,400 $336,000 $650,400
2017 $11,896 $0 $0 $0
2016 $11,910 $0 $0 $0
2015 $11,648 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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Source: NorthstarMLS

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NorthstarMLS

APN: 05-457-0410