NOT LISTED FOR SALE

3775 Luoma Rd Wright, MN 55798

Estimated Value: $307,000 - $503,000

3 Beds
4 Baths
1,040 Sq Ft
$388/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $367,000 $353 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,274/month

47 Days on Market

Highlights

  • 170 Feet of Waterfront
  • No HOA
  • Living Room
  • Beach Access
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of April 2023

2 fully finished year round use cabins on Prairie Lake, perfect for income producing rentals. Private, 1 acre + wooded lot, 170 ft of shoreline w/sandy gravel bottom, Lake is 794 acre/47 ft deep. Experience the true MN UP North feel, soaring pines/oaks that line the driveway to this peaceful getaway. Main cabin 1 BR 2 BA 1040 sqft walkout, tongue & grove cedar. Accessory Dwelling Unit has 2 BR, 2 BA 960 sqft walkout, sauna and sleeps seven. NEW: fridges, water softener in main cabin, construction items to complete a full kitchen in bunkhouse are included in sale (seller ran out of time). Gazebo views are breathtaking. Storage shed and dock are included. Walleye/ Northern Pike/Large Mouth/Pan fish. Located between Cromwell & Floodwood, only 2 1/2 hrs from MPLS.

Last Agent to Sell the Property

Vicky Biren

The Biren Realty Group Listed on: 02/23/2023

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,782

Year Built

  • Built in 1965

Lot Details

  • 1.08 Acre Lot
  • Lot Dimensions are 170 x 355 x 136 x 284
  • 170 Feet of Waterfront
  • Lake Front
  • Many Trees

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Beach Access

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Private Water Source
  • Well
  • Drilled Well
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Bay Point Town Of Fine Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 355001500030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,782

Year Built

Built in 1965

Lot Details

1.08 Acres

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Water Source: Drilled, Private, Well
  • Year Built: 1965
  • Above Grade Finished Sq Ft: 520
  • Water Body Name: Prairie
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Walkout
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • Living Area: 1040
  • Below Grade Finished Sq Ft: 520
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

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

Exterior Features

  • Roof: Metal
  • View: Lake, North, West
  • Other Structures: Storage Shed
  • Lake Bottom: Gravel,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 170

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Baseboard
  • Sewer: Holding Tank, Private Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Fuel: Electric

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 170 X 355 X 136 X 284
  • Lot Size Sq Ft: 47175.48
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 355001500030
  • Tax Annual Amount: 1782
  • TaxWithAssessments: 1782.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Apr 26, 2023
Sold by
Lieberg Patrick and Lieberg Anne
Bought by
Mccarthy Barbara
Seller's Agent
Vicky Biren
The Biren Realty Group
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$385,000
Sold Price
$367,000
Premium/Discount to List
-$18,000
-4.68%
Views
38
Current Estimated Value
$403,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,346
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Dec 17, 2021
Sold by
Kelley Barbara E and Kelley Gene S
Bought by
Lieberg Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
2.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Mccarthy Barbara $367,000 Executive Title
Lieberg Patrick $345,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lieberg Patrick $177,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $367,000 -4.7% $353 / Sq Ft
04/11/2023 04/11/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $385,000 -- $370 / Sq Ft
Source: NorthstarMLS

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 $2,356 $270,700 $106,500 $164,200
2023 $2,356 $224,200 $109,000 $115,200
2022 $1,908 $198,800 $104,600 $94,200
2021 $1,888 $185,200 $100,100 $85,100
2020 $1,922 $167,800 $96,500 $71,300
2019 $1,476 $167,800 $96,500 $71,300
2018 $1,490 $136,200 $91,100 $45,100
2017 $1,320 $136,300 $91,200 $45,100
2016 $1,322 $123,400 $90,000 $33,400
2014 $1,545 $121,600 $90,000 $31,600
Source: Public Records

Agents Affiliated with this Home

  • Vicky Biren

    Seller's Agent in 2023

    Vicky Biren

    The Biren Realty Group

    (612) 599-0371

    85 Total Sales

    Vicky Biren
    Section Image

  • N

    Buyer's Agent in 2023

    NON-RMLS NON-RMLS

    Non-MLS

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Map

Source: NorthstarMLS

MLS Number: 6326498

NorthstarMLS

APN: 355001500030

Minnesota St Louis County Wright 55798

3775 Luoma Rd, Wright, MN

Not Listed for Sale

Detached

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Based on information submitted to the MLS GRID

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