NOT LISTED FOR SALE

38708 Sissebakwet Shores Rd Cohasset, MN 55721

Estimated Value: $797,112

3 Beds
2 Baths
2,192 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $825,000 $376 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,909/month

282 Days on Market

Highlights

  • 464 Feet of Waterfront
  • Family Room with Fireplace
  • Porch
  • Multiple Garages
  • No HOA
  • Living Room

About This Home

As of July 2024

Unique opportunity with 8.45 acres on one of the most beautiful and clearest lakes in the country…Sugar Lake! This incredible piece of land has lakeshore on both Sugar Lake and South Sugar Lake. Captivating views with gentle elevation to excellent lakeshore and the aqua marine colors of Siseebakwet Lake. Tucked in the mature maple trees is a cozy, well maintained home with two fireplaces, a large detached garage with heated shop, and a large pole building for all the toys. Inside you'll enjoy the vaulted ceiling with tongue and groove pine, large kitchen, lakeside four-season porch, and three bedrooms. At the water’s edge is a picturesque boathouse and expansive level lawn area for bon fires and recreation! Championship golf and restaurants are just a boat ride away at Sugar Lake Lodge. Rare chance to create a legacy and lasting lake memories for your family.

Last Listed By

Chad Simons

Sugar Lake Lodge Realty Listed on: 10/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,553

Year Built

  • Built in 1980

Lot Details

  • 8.45 Acre Lot
  • 464 Feet of Waterfront
  • Lake Front

Parking

  • 7 Car Garage
  • Multiple Garages
  • Heated Garage

Home Design

  • Bi-Level Home

Interior Spaces

  • 2,192 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room
  • Storage Room
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 630202411

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,553

Year Built

Built in 1980

Lot Details

0

Parking

7

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 7
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Private
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 2192
  • Water Body Name: Siseebakwet
  • Unit Levels: Split Entry (Bi-Level)
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Walkout
  • Appliances: Dishwasher, Range, Refrigerator
  • Fireplace Features: Family Room, Gas, Wood Burning
  • Living Area: 2192
  • Fireplace: Yes
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Dining Room, Bedroom 1, Bedroom 2, Bedroom 3, Great Room, Four Season Porch, Storage
  • SqFtTotal: 2192.00

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Lake, Panoramic
  • Other Structures: Boat House, Pole Building, Workshop
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck,Porch
  • Lake Acres: 1209
  • Lake Bottom: Gravel,Hard,Reeds,Sand
  • LakeChain: N
  • Waterfront Frontage: 464

Garage/Parking

  • Parking Features: Detached, Gravel, Heated Garage, Multiple Garages
  • Garage Square Feet: 520

Utilities

  • Heating: Forced Air
  • Sewer: Private Sewer
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: irr
  • Lot Size Sq Ft: 368082
  • Land Lease: No
  • Wooded Area: 7
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 630202411
  • Tax Annual Amount: 5553
  • TaxWithAssessments: 5598.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2025
Sold by
Grooms Anna C and Grooms Paul R
Bought by
Schultz Alan D and Schultz Karinn J
Total Days on Market
282
Current Estimated Value
$797,112

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
Schultz Alan D $500 Title Team
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grundhoefer Duane J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $825,000 -6.2% $376 / Sq Ft
05/27/2024 05/27/24 Price Changed $879,500 +0.1% $401 / Sq Ft
05/13/2024 05/13/24 Price Changed $879,000 -3.9% $401 / Sq Ft
10/28/2023 10/28/23 Price Changed $915,000 -8.0% $417 / Sq Ft
10/03/2023 10/03/23 For Sale $995,000 -- $454 / 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 $5,880 $620,600 $374,200 $246,400
2022 $5,880 $615,500 $369,100 $246,400
2021 $4,678 $468,000 $316,000 $152,000
2020 $4,808 $428,200 $301,600 $126,600
2019 $4,732 $413,900 $287,300 $126,600
2018 $4,334 $415,100 $283,900 $131,200
2017 $4,234 $0 $0 $0
2016 $4,672 $0 $0 $0
2015 $4,678 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6441216

NorthstarMLS

APN: 63-020-2411