NOT LISTED FOR SALE

3767 Luoma Rd Wright, MN 55798

Estimated Value: $141,000 - $307,000

1 Bed
0.5 Bath
480 Sq Ft
$515/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $229,900 $479 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,446/month

33 Days on Market

Highlights

  • 50 Feet of Waterfront
  • 1-Story Property
  • Electric Fireplace
  • No HOA
  • Combination Dining and Living Room

About This Home

As of September 2022

Nestled amongst the pines and oaks we have this beautiful seasonal Prairie Lake cabin and bunkhouse. Features of this 480 finished sq. ft seasonal cabin include 1 large bedroom, 1/2 bath with control to an outside shower, large lakeside living room and kitchen completely finished with tongue and grove knotty pine The bunkhouse is 12 X 20, open concept with 2 beds, sitting area and loft. Outside you will enjoy a large wooded lot, 50 feet of shoreline with a sandy gravel lake bottom, lakeside deck, storage shed, fire pit and a 32 foot dock. You will enjoy fishing for walleye, northern pike, large mouth bass and pan fish. Bring your boats, jet ski’s and lake toy’s for friends and family fun. Located between Cromwell and Floodwood just off Hwy 73, close to recreational trails.

Last Listed By

Bryan Ketchmark

Majestic Pine Realty, Inc. Listed on: 07/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 1970

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 50 x 300
  • 50 Feet of Waterfront
  • Lake Front

Home Design

  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 480 Sq Ft Home
  • 1-Story Property
  • Electric Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Utilities

  • 100 Amp Service
  • Well
  • Drilled Well
  • Septic System

Community Details

  • No Home Owners Association
  • Bay Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 355001500035

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Well
  • Year Built: 1970
  • Above Grade Finished Sq Ft: 480
  • Water Body Name: Prairie
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: None
  • FoundationDimensions: 20 x 24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Posts
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Fireplace Features: Electric, Living Room
  • Living Area: 480
  • Fireplace: Yes
  • Basement YN: No
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bathroom

Beds/Baths

  • Half Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Roof: Metal
  • Fencing: None
  • View: Lake, North
  • Other Structures: Bunk House
  • ConstructionMaterialsDesc: Frame
  • Lake Acres: 794
  • Lake Bottom: Gravel,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 4-10
  • Waterfront Frontage: 50

Garage/Parking

  • Parking Features: Gravel
  • Garage Square Feet: 0

Utilities

  • Heating: Fireplace(s)
  • Sewer: Holding Tank, Private Sewer, Septic System Compliant - Yes
  • Electric: 100 Amp Service
  • Fuel: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Floodwood
  • SchoolDistrictNumber: 698
  • SchoolDistrictPhone: 218-476-2285

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50 x 300
  • Lot Size Sq Ft: 14200.56
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Fiber Board

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 355001500035
  • Tax Annual Amount: 751
  • TaxWithAssessments: 836.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2022
Closed on
Sep 2, 2022
Sold by
Neisen David A and Neisen Jean
Bought by
Leeper Jamie and Leeper Tyler
Seller's Agent
Bryan Ketchmark
Majestic Pine Realty, Inc.
Buyer's Agent
Danielle Eaves
eXp Realty
List Price
$229,900
Sold Price
$229,900
Total Days on Market
33
Current Estimated Value
$247,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,482
Avg. Annual Appreciation
2.77%
Original Mortgage
$137,940
Outstanding Balance
$133,310
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$114,072

Purchase Details

Closed on
May 6, 2011
Sold by
Danielson James C and Danielson Maureen L
Bought by
Neisen David A and Neisen Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
4.91%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Leeper Jamie $229,900 --
Neisen David A $70,000 Up North Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leeper Jamie $137,940
Previous Owner Neisen David A $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2022 09/02/22 Sold $229,900 0.0% $479 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $229,900 0.0% $479 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/02/2022 07/02/22 For Sale $229,900 -- $479 / 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
2023 $882 $102,400 $56,100 $46,300
2022 $836 $85,800 $53,900 $31,900
2021 $868 $80,600 $51,800 $28,800
2020 $872 $76,800 $50,200 $26,600
2019 $698 $76,800 $50,200 $26,600
2018 $702 $64,600 $47,700 $16,900
2017 $688 $64,600 $47,700 $16,900
2016 $670 $64,600 $47,700 $16,900
2015 $797 $64,600 $47,700 $16,900
2014 $797 $64,600 $47,700 $16,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6229784

NorthstarMLS

APN: 355001500035