NOT LISTED FOR SALE

2850 Schmidt Island Cook, MN 55723

Estimated Value: $499,624 - $590,000

1 Bed
1 Bath
1,300 Sq Ft
$426/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2015

Last sale price $650,000 $500 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,297 / mo

Highlights

  • Deck
  • 1-Story Property
  • Heating System Uses Wood
  • Enclosed Patio or Porch
  • Wood Burning Fireplace

About This Home

As of August 2015

Breathtaking vistas await you at "Shady Pine", a log home situated on a south and west facing point on Schmidt Island providing a "boundary water" feel w/rock outcroppings overlooking Head-O-Lakes Bay, Lake Vermilion. Property includes an original 1930's log cabin that has been restored and modernized to provide comfort and enjoyment, including exterior and interior logs chinked. Extras include newer two stall boathouse w/twin rail systems & docks, newer 2 BR guest cabin, septic, numerous new docks, steps, walkways. Cabin and guest cabin are being sold furnished. Privacy abounds on this picturesque point with 2.6 acres and 700 ft lksh. All of this PLUS a shared access at Petra's Landing. Seldom do you see island properties sold with access sites.

Last Agent to Sell the Property

Vicki Schelde

B.I.C. Realty License #413435 Listed on: 07/16/2015

Last Buyer's Agent

Vicki Schelde

B.I.C. Realty License #413435 Listed on: 07/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,138

Year Built

  • Built in 1930

Lot Details

  • 2.62 Acre Lot
  • Irregular Lot
  • Property is zoned RES8

Home Design

  • Shingle Roof
  • Log Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Washer

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Wood
  • The lake is a source of water for the property
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 250-20-3010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,138

Year Built

Built in 1930

Lot Details

2.62 Acres

Listing Details

  • Class: Residential
  • Construction: Log
  • Heat: Wood, Electric
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 1
  • Parcel Code Number: 250-20-3010
  • Patioporch: Deck, Enclosed
  • Real Estate Tax: 4138.00
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1300
  • Bedroom 1: Size: 12'x13', On Level: Main
  • Total Bathrooms: 1
  • Appliances: Microwave, Refrigerator, Washer, Gas Range
  • Bedroom 2: On Level: Main
  • Bedroom 3: Log porch, Size: 10'x20', On Level: Main
  • Dining Room: Size: Inc., On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 9'5"x12', On Level: Main
  • Living Room: Size: 20'x24.5", On Level: Main
  • Main Level Bedrooms: 1
  • Other Room 2: Bath, Size: 8'x15', On Level: Main
  • Rec Room: On Level: Main

Exterior Features

  • Exterior: Log, Wood
  • Roof: Shingle

Utilities

  • Utilities: Septic, Lake Water System
  • Water Heater: Electric

Lot Info

  • Lot Size: Dimensions: 390x311
  • Number Of Acres: 2.62
  • Zoning: RES8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Davick Andrew and Davick Shana
Bought by
Davick Andrew and Davick Shana
Current Estimated Value
$553,208

Purchase Details

Listed on
Jul 16, 2015
Closed on
Aug 12, 2015
Sold by
Stelter Larry P and Fisher Peggy A
Bought by
Dayick Andrew L and Dayick Shana A
Seller's Agent
Vicki Schelde
B.I.C. Realty
Buyer's Agent
Vicki Schelde
B.I.C. Realty
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%
Original Mortgage
$422,500
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Stelter Larry P and Stelter Peggy A
Bought by
Stelter Larry P and Fisher Peggy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Davick Andrew -- None Listed On Document
Dayick Andrew L $650,000 Rochester Title
Stelter Larry P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dayick Andrew L $422,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2015 08/17/15 Sold $650,000 -- $500 / Sq Ft
07/16/2015 07/16/15 Pending -- -- --
Source: Range Association of 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 $4,608 $400,500 $207,600 $192,900
2023 $3,928 $384,400 $204,500 $179,900
2022 $4,818 $384,400 $204,500 $179,900
2021 $4,854 $385,700 $205,800 $179,900
2020 $4,956 $385,700 $205,800 $179,900
2019 $4,370 $385,700 $205,800 $179,900
2018 $4,464 $343,600 $203,400 $140,200
2017 $4,308 $343,600 $203,400 $140,200
2016 $3,960 $326,600 $186,400 $140,200
2015 $4,138 $300,500 $175,700 $124,800
2014 $3,999 $292,100 $168,700 $123,400
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2015

    Vicki Schelde

    B.I.C. Realty

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Map

Source: Range Association of REALTORS®

MLS Number: 126628

Range Association of REALTORS®

APN: 250002003010

Minnesota St Louis County Cook 55723

2850 Schmidt Island, Cook, MN

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