$89,900
SOLD NOV 30, 2020

283 Valley Rd Lake No. 2, MN 55616

20 Acres
$4,495 Price per Acre
871,200 Sq Ft Lot

Recently Sold

353 Days on Market

Highlights

  • Private Waterfront
  • 20 Acre Lot
  • Many Trees
  • Home fronts a creek
  • Limited Views
  • Storage Shed

About This Lot

As of August 2024

Looking for a little slice of heaven? This property includes a 16 X 24 rustic cabin wired for electricity and can run off a generator. Oil heat, propane stove and lights on 20 beautiful acres is only 5 minutes from town and surrounded by forested private and state land. An unnamed designated trout stream flows through the property. Enjoy hunting, hiking, snowshoeing, ATV and snowmobile rides on the many trails. Tap your maple trees to make your very own syrup!

Last Agent to Sell the Property

Sherri Puckett

Real Estate Services

Co-Listed By

Roberta Rippberger

North Point Realty

Last Buyer's Agent

Sherri Puckett

Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $483

Year Built

  • 1984

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660 x 1320
  • Home fronts a creek
  • Private Waterfront
  • Unpaved Streets
  • Many Trees

Additional Features

  • Limited Views
  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$483

Year Built

1984

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: North on Hwy 61, left at Sonju Motors then sharp right on Shoreview Rd which turns into Valley Rd. Pre-Approval letter or Proof of Funds to be present with all offers.
  • L O1 Office Phone1 Number: 218-624-2667
  • List Price/ Sq Ft: 4495
  • RdBtwnWtrfrnt: No
  • Property Sub-Type: Recreational
  • Tax Year: 2019
  • Twp Number: 53
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1984

Exterior Features

  • Out Buildings: Storage Shed, Other Bldngs
  • Road Frontage: Unpaved
  • Waterfront Access: Private
  • Waterfront Name: Unnamed

Utilities

  • Power Company: Coop Power & Light

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-10-24
  • Estimated Lot Dimensions: 660 X 1320
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Builder Restrictions: Limited
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Heavy
  • Waterfront Type: Creek/Stream

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 483

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
353
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: 6087081

APN: 25-5311-31010