NOT LISTED FOR SALE

2943 County Road 61 Mahtowa, MN 55707

Estimated Value: $367,000 - $470,000

3 Beds
2.5 Baths
2,112 Sq Ft
$204/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $260,000 $123 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,672/month

146 Days on Market

Highlights

  • Heated Floors
  • 4 Car Detached Garage
  • Laundry Room
  • 31.1 Acre Lot
  • Living Room
  • Wheelchair Access

About This Home

As of March 2016

2003 built 3 bedroom, 3 bath home on 31.1 acres with 26x36 detached garage w/3rd door plus extra 26x32 additional garage/dwelling. Home is a private yet convenient location and features the ability to live on the main level with master bed and bath, laundry all located with wheelchair accessibility. Very efficient in-floor heat and open floor plan is great for entertaining. Each upper level bedroom has a balcony and large closet. The second building which may be a great suite to house family or act as a guest house or possibly a rental; includes a kitchen area, living room, bedroom and bathroom with bio toilet, sink and shower. Many perennials are planted throughout the property along with apple trees. The Moose Horn River runs through property and is located on the Willard Munger Trail. Compliant Septic!

Last Agent to Sell the Property

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 08/25/2015

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 08/25/2015

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 2003

Lot Details

  • 31.1

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,112 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • Living Room
  • Heated Floors
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Wheelchair Access
  • 31.1 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 60-026-1330 and 60-034-3080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,984

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Duluth 35 South to Mahtowa exit head West to Cty 61 property on Right
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 123.11
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2112
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, In Floor, Propane
  • Bedroom 3: Laundry Room
  • TotalBedrooms: 3
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Estimated Basement Sq Ft: 1232
  • Basement Style: None
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom 3 Level: U
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Other
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2112
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 4

Utilities

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

Schools

  • School District: Barnum #91
  • Junior High Dist: Barnum #91

Lot Info

  • Geo Update Timestamp: 2016-03-17
  • Estimated Lot Dimensions: Irreg
  • Estimated Number of Acres: 31.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 60-026-1330 and 60-034-3080

Tax Info

  • Tax Amount: 2984

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Mar 15, 2016
Sold by
Olsen Joseph P and Olsen Joseph Perry
Bought by
Cardinal Troy M and Cardinal Elizabeth S
Seller's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
Buyer's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$417,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,752
Avg. Annual Appreciation
4.75%
Original Mortgage
$208,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2015
Sold by
Olsen Joseph P and Olsen Joseph Perry
Bought by
Cardinal Troy M and Cardinal Elizabeth S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.12%
Mortgage Type
New Conventional
Source: Public Records

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
Cardinal Troy M -- None Available
Cardinal Troy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardinal Troy M $230,300
Closed Cardinal Troy M $230,300
Closed Cardinal Troy M $234,000
Closed Cardinal Troy M $208,000
Previous Owner Cardinal Troy M $208,000
Previous Owner Olsen Joseph Perry $213,600
Previous Owner Olsen Joseph P $35,000
Previous Owner Olsen Joseph P $24,000
Previous Owner Olsen Joseph P $179,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $260,000 0.0% $123 / Sq Ft
01/18/2016 01/18/16 Pending -- -- --
08/25/2015 08/25/15 For Sale $260,000 -- $123 / 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
2024 $4,618 $407,500 $68,100 $339,400
2023 $4,618 $371,200 $60,800 $310,400
2022 $4,160 $371,200 $60,800 $310,400
2021 $3,822 $287,900 $43,600 $244,300
2020 $3,618 $264,300 $42,700 $221,600
2019 $3,384 $241,000 $43,600 $197,400
2018 $3,370 $230,200 $42,600 $187,600
2017 $3,242 $228,300 $40,700 $187,600
2016 $2,866 $228,300 $40,700 $187,600
2015 $2,848 $190,700 $35,900 $154,800
2014 -- $190,700 $35,900 $154,800
2013 -- $252,400 $45,900 $206,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018102

APN: 60-034-3080