NOT LISTED FOR SALE

34899 Sleepy Valley Rd Crosslake, MN 56442

Estimated Value: $890,403 - $979,000

3 Beds
3.5 Baths
3,732 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $850,000 $228 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,119/month

32 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Family Room with Fireplace
  • No HOA
  • Lake View
  • Main Floor Primary Bedroom
  • Stainless Steel Appliances

About This Home

As of May 2024

A must see property on Velvet Lake featuring panoramic west facing views with breathtaking sunsets, level sand beach, spacious yard complete with its own boat launch! This newly renovated home has abundant natural light, vaulted ceilings, attention to detail and exceptional craftsmanship. Cozy up with one of three fireplaces, cook in your gourmet kitchen and bring your guests to this three bedroom four bath home with plenty of additional sleeping space. Velvet Lake is a crystal clear spring fed lake, great for water sports, fishing and DNR protected shoreline providing an endless array of wildlife. Only five minutes to town, the Whitefish chain and everything the lakes area has to offer!

Last Agent to Sell the Property

Adam Kalenberg

Northland Sotheby's International Realty Listed on: 02/07/2024

Northland Sotheby's International Realty

Co-Listed By

Jacqueline Talmo

Northland Sotheby's International Realty

Last Buyer's Agent

Zach Duckworth

Keller Williams Preferred Rlty

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,448

Year Built

  • Built in 2000

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 100x244x100x256
  • 100 Feet of Waterfront
  • Lake Front
  • Street terminates at a dead end
  • Many Trees
  • Zoning described as Shoreline

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Free Standing Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Storage Room
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Drilled Well

Additional Features

  • Air Exchanger
  • Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 141620000050009

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,448

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: Other
  • Fireplaces: 2
  • Water Source: Drilled, Well
  • Year Built: 2000
  • Above Grade Finished Sq Ft: 2291
  • Water Body Name: Velvet
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Egress Window(s), Finished, Full, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer
  • Fireplace Features: Family Room, Free Standing, Gas, Living Room, Stone
  • Living Area: 3732
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1441
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Four Season Porch, Primary Bathroom, Storage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: Lake, West
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 100

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Schools

  • Junior High Dist: Crosby-Ironton
  • SchoolDistrictPhone: 218-545-8801

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 100x244x100x256
  • Lot Size Sq Ft: 24829.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Shoreline
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Engineered Wood

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 141620000050009
  • Tax Annual Amount: 2448
  • TaxWithAssessments: 2448.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2024
Closed on
May 3, 2024
Sold by
Sawyer Mark and Sawyer Cynthia
Bought by
Lerud Mark and Lerud Luann
Seller's Agent
Adam Kalenberg
Northland Sotheby's International Realty
Buyer's Agent
Zach Duckworth
Keller Williams Preferred Rlty
List Price
$899,900
Sold Price
$850,000
Premium/Discount to List
-$49,900
-5.55%
Views
106
Current Estimated Value
$925,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,351
Avg. Annual Appreciation
5.91%
Original Mortgage
$680,000
Outstanding Balance
$670,447
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$254,904

Purchase Details

Closed on
Nov 4, 2019
Sold by
Bundgaard B & M F Tr
Bought by
Sawyer Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,772
Interest Rate
3.6%
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
Lerud Mark $850,000 Lakes Area Title Services Llc
Sawyer Mark $370,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lerud Mark $680,000
Previous Owner Sawyer Mark $356,772
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $850,000 0.0% $228 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/10/2024 03/10/24 Off Market $850,000 -- --
02/15/2024 02/15/24 For Sale $899,900 -- $241 / Sq Ft
Source: NorthstarMLS

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
2025 $3,012 $790,700 $191,000 $599,700
2024 $3,012 $610,100 $173,300 $436,800
2023 $2,448 $645,400 $146,600 $498,800
2022 $2,834 $593,400 $134,600 $458,800
2021 $3,190 $386,800 $122,300 $264,500
2020 $2,958 $369,100 $112,400 $256,700
2019 $2,832 $368,500 $112,200 $256,300
2018 $2,702 $356,100 $112,200 $243,900
2017 $2,522 $343,824 $110,346 $233,478
2016 $2,454 $317,900 $102,500 $215,400
2015 $2,280 $297,200 $101,700 $195,500
2014 $1,147 $310,500 $111,900 $198,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6446816

NorthstarMLS

APN: 141620000050009