$139,000
SOLD AUG 9, 2024

283 Valley Rd Lake No. 2, MN 55616

20 Acres
$6,950 Price per Acre
871,200 Sq Ft Lot

Recently Sold

30 Days on Market

Highlights

  • Private Waterfront
  • River View
  • No HOA
  • Home fronts a creek
  • 20 Acre Lot
  • Property is near a preserve or public land

About This Lot

As of August 2024

Looking for an off-grid paradise? This property includes a 16 x 24 rustic cabin, runs off a generator included in the sale. Oil heat, propane stove and lights on 20 beautiful acres, with an unnamed designated trout stream flowing through the property. Only 10 minutes from town and surrounded by forested private and state land. Enjoy hunting, hiking, snowshoeing, ATV and snowmobile rides on the many trails, hunting stands on property. Tap your maple trees to make your very own syrup!

Last Agent to Sell the Property

Roberta Rippberger

North Point Realty

Co-Listed By

Sherri Puckett

Real Estate Services

Last Buyer's Agent

Dee Furo

Legacy Real Estate Group LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $566

Year Built

  • 1984

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660 x 1320
  • Home fronts a creek
  • Private Waterfront
  • 660 Feet of Waterfront
  • Property fronts a private road
  • Property fronts a county road
  • Street terminates at a dead end
  • Unpaved Streets
  • Many Trees

Parking

  • Gravel Driveway

Property Views

  • River
  • Limited

Community Details

Overview

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

Recreation

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$566

Year Built

1984

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: North on Hwy 61, left at Sonju Motors, sharp rifht on Shoreview Rd which turns into Valley Rd.
  • L O1 Office Phone1 Number: 218-624-2667
  • List Price/ Sq Ft: 6950
  • PropAdjoinsPublicLand: Yes
  • RdBtwnWtrfrnt: No
  • Road Maintenance: Private
  • Property Sub-Type: Recreational
  • Tax Year: 2024
  • Twp Number: 53
  • View Type:Pond View: River
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1984

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Dead End/No Outlet, Unpaved, Private, County
  • Waterfront Access: Private
  • Water Frontage In Feet: 660
  • Waterfront Name: Unnamed

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Coop Power & Light

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2024-05-30
  • Estimated Lot Dimensions: 660 X 1320
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Builder Restrictions: Limited
  • Geo Subdivision: MN
  • Land Improvements: Yes
  • Lot Description: Tree Coverage - Heavy
  • Waterfront Type: Creek/Stream

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 1, 2024
Sold by
Proznik Nicolas and Proznik Halie
Bought by
Getten Devin
Seller's Agent
Roberta Rippberger
North Point Realty
Buyer's Agent
Dee Furo
Legacy Real Estate Group LLC
List Price
$139,000
Sold Price
$139,000
Total Days on Market
30
Views
120
Current Estimated Value
$136,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,114
Avg. Annual Appreciation
-1.92%
Original Mortgage
$120,697
Outstanding Balance
$119,869
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$17,017

Purchase Details

Listed on
Oct 21, 2019
Closed on
Nov 30, 2020
Sold by
Giroux Charles M and Giroux Jodi M
Bought by
Proznik Nicolas A and Proznik Halie J
Seller's Agent
Sherri Puckett
Real Estate Services
Buyer's Agent
Sherri Puckett
Real Estate Services
List Price
$89,900
Sold Price
$89,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%
Original Mortgage
$71,920
Interest Rate
2.8%
Mortgage Type
New Conventional

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $139,000 --
Warranty Deed $89,900 None Available
Deed $89,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,697 New Conventional
Previous Owner $71,920 New Conventional
Closed $89,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2024 08/09/24 Sold $139,000 0.0% --
06/29/2024 06/29/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $139,000 +54.6% --
11/30/2020 11/30/20 Sold $89,900 0.0% --
10/08/2020 10/08/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $89,900 -- --
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 $400 $95,100 $62,200 $32,900
2023 $365 $97,900 $62,200 $35,700
2022 $550 $80,700 $54,700 $26,000
2021 $527 $68,600 $50,200 $18,400
2020 $522 $63,900 $45,200 $18,700
2019 $483 $55,300 $37,700 $17,600
2018 $531 $55,300 $37,700 $17,600
2017 $501 $60,000 $41,500 $18,500
2016 $490 $57,300 $39,700 $17,600
2015 $495 $53,800 $36,200 $17,600
2014 $495 $0 $0 $0
2013 $485 $0 $0 $0
2012 $512 $0 $0 $0
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6113948

APN: 25-5311-31010