NOT LISTED FOR SALE

2975 County Road 103 Barnum, MN 55707

Estimated Value: $336,000 - $449,000

3 Beds
3 Baths
2,766 Sq Ft
$148/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $330,000 $119 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,405/month

21 Days on Market

Highlights

  • Private Waterfront
  • Second Kitchen
  • Deck
  • Beach Access
  • Panoramic View
  • Wood Flooring

About This Home

As of March 2023

Turn Key, Gorgeous 3 bedroom 3 bath home with a mother-in-law suite. This home was built in 1977, since then it has been extensively remodeled and used as a high end rental and can be used as a VRBO. The west wing of the first floor has been made into a separate, 800 sq ft. one bedroom one bath with a full kitchen apartment. Throughout the main level the property has beautiful hickory floors, modern lighting and tons of natural light. The 2000 sq. ft. main unit is on the East wing of the first floor and covers the entire second level. It has 2 been and two baths, a separate upstairs laundry and a separate private entryway. The Large master bedroom has a walk-in closet, updated lighting and fans, also French doors that open up to an elevated deck, overlooking the river valley. Brand New to this home is a New Boiler, Metal Roof, Siding, 2nd level flooring, modern flooring in the entryways, a new 2nd level bathroom, and newly Poured Sidewalks. One of the truly amazing features of this property is the open concept main floor. The Kitchen boasts gorgeous hickory cabinets that compliment the newly resurfaced hickory floors, and a truly a grand island with a granite top and seating for 6, open to both the dining and living area. This is truly a turn key property. Although there is one room that you can put your personal touch to, a 14' x 30' Bonus room, located over the oversized two car garage ,is ready for you to finish, possibly a room for guests, a shop or a studio. Another bonus is the house electrical, that has been updated to work on a generator if and when that blizzard or wind storm comes. Don't miss your opportunity to own this beautiful home.

Last Agent to Sell the Property

Kristin Montgomery

Montgomery Realty LLC Listed on: 01/29/2023

Last Buyer's Agent

Kristin Montgomery

Montgomery Realty LLC Listed on: 01/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 1977

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 506.5 x 430
  • Private Waterfront
  • 1,000 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Cul-De-Sac
  • Elevated Lot
  • Landscaped
  • Level Lot
  • Many Trees
  • Zero Lot Line

Property Views

  • Panoramic
  • Valley

Home Design

  • Fire Rated Drywall
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,766 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling Fan
  • Vinyl Clad Windows
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Storage Room
  • Center Hall
  • Crawl Space
  • Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Dirt Driveway

Outdoor Features

  • Beach Access
  • Balcony
  • Deck
  • Rain Gutters

Farming

  • 1 Acre of Pasture

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Boiler Heating System
  • Drilled Well
  • Gas Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Mound Septic
  • Satellite Dish
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 45-036-2502

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,980

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Estimated Pasture Acres: 1
  • Estimated Wooded Acres: 4
  • Class: SINGLE FAMILY
  • Directions: I-35, MN-210 exit, exit 235 L on MN 210E, R on CR61, L on CR-5, L on CR-4 on C-103
  • InternetOptions: Cable, Satellite
  • L O1 Office Phone1 Number: 218-380-3339
  • List Price/ Sq Ft: 119.31
  • PropAdjoinsPublicLand: Yes
  • Remodeled Addition: Yes
  • Road Maintenance: Public, Private
  • ShorelineCharacteristics: Sand, Undeveloped, Shore-Accessible, Elevation-Medium, Shore-Vegetation
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • View Type:Pond View: Panoramic, Valley
  • Lot Description Waterfront: Yes
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Walk-In Closet, Center Hall, Drywalls, Foyer Entry, Patio Door, Main Floor Laundry, 2nd Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Balcony, Deck, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2766
  • Garage Type: Detached
  • Heat: Boiler
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Storage Room
  • Room 11: 2nd Kitchen
  • Room 12: Dining Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1977
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Main
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dryer, Dishwasher, Exhaust Fan/Hood, Freezer, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor, 3/4 Upper
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Combine with Living Room, Informal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Entry
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Family Room
  • Room 8: Laundry Room
  • Room 9: Bathroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2766
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 1000
  • Waterfront Name: Blackhoof
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Attic, Dirt Floor
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: Drain Field, Mound
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-01-29
  • Estimated Lot Dimensions: 506.5 x 430
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Cul De Sac, Landscaped, Ravine, Tree Coverage - Heavy, Zero Lot Line, High, Level, Rolling
  • Parcel Number: 45-036-2502
  • Waterfront Type: River

Rental Info

  • Lease Terms: Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 1980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2023
Closed on
Mar 30, 2023
Sold by
Montgomery Kristin and Montgomery Michael
Bought by
Karas Thomas
Seller's Agent
Kristin Montgomery
Montgomery Realty LLC
Buyer's Agent
Kristin Montgomery
Montgomery Realty LLC
List Price
$330,000
Sold Price
$330,000
Current Estimated Value
$408,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,522
Avg. Annual Appreciation
7.06%
Original Mortgage
$320,100
Outstanding Balance
$312,116
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$78,740

Purchase Details

Closed on
Aug 2, 2019
Sold by
Mcpherson Joan and Mcpherson Gary
Bought by
Louzek Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2019
Sold by
Mcpherson Joan and Mcpherson Gary
Bought by
Louzek Kristin

Purchase Details

Closed on
Jan 26, 2011
Sold by
Louzek David Michael and Louzek Kristin Benda
Bought by
Mcpherson Joan and Mcpherson Gary

Purchase Details

Closed on
Aug 27, 2009
Sold by
Federal National Mortgage Association
Bought by
Louzek David and Louzek Kristin

Purchase Details

Closed on
Dec 18, 2008
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 29, 2007
Sold by
Tonnar John R and Tonnar Lori
Bought by
Chase Home Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
6.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Rohach Barbara A
Bought by
Tonnar John R and Tonnar Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.68%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Karas Thomas $330,000 --
Louzek Kristin -- --
Louzek Kristin -- --
Mcpherson Joan -- None Available
Louzek David -- None Available
Federal National Mortgage Association -- None Available
Chase Home Finance Llc $249,603 None Available
Tonnar John R $68,900 Pioneer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karas Thomas $320,100
Previous Owner Louzek Kristin $189,600
Previous Owner Mcpherson Gary C $50,000
Previous Owner Tonnar John R $234,000
Previous Owner Tonnar John R $40,000
Previous Owner Tonnar John R $130,000
Previous Owner Tonnar John R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $330,000 0.0% $119 / Sq Ft
02/19/2023 02/19/23 Pending -- -- --
01/29/2023 01/29/23 For Sale $330,000 -- $119 / 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 $2,974 $314,600 $80,400 $234,200
2023 $2,974 $298,600 $74,900 $223,700
2022 $1,998 $298,600 $74,900 $223,700
2021 $1,818 $166,900 $49,400 $117,500
2020 $1,816 $160,500 $46,700 $113,800
2019 $2,104 $155,500 $46,700 $108,800
2018 $1,844 $154,000 $45,200 $108,800
2017 $1,848 $143,900 $45,200 $98,700
2016 $1,922 $143,900 $45,200 $98,700
2015 $1,890 $143,900 $45,200 $98,700
2014 -- $143,900 $45,200 $98,700
2013 -- $143,900 $45,200 $98,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106777

APN: 45-036-2502