NOT LISTED FOR SALE

3888 Elbow Lake Rd Unit Millenium Island Beatty Township, MN 55723

Estimated Value: $235,631 - $285,000

5.1 Acres
$51,022 Price per Acre
222,156 Sq Ft Lot

Last Sold June 07, 2016

Last sale price $145,000

Est. 79% increase in value since last sale

Current estimated payment $1,526/month

45 Days on Market

Highlights

  • 1,850 Feet of Waterfront
  • Lake View
  • Landscaped with Trees

About This Lot

As of June 2016

Own your own island tucked away among other islands at the south west side of Elbow lake near Cook and Lake Vermilion. Located only a short boat ride from Burris Landing. Pines and a nice mix of trees are the island. Elbow Lake is nearly 1700 acres in size and has a maximum depth of 60 feet. A wide range of fish can be caught in the lake. Many people enjoy the feel of Elbow Lake-its like being in the Boundary Waters yet you can use a boat. Marinas offer boat slips and parking so it makes it easy to access your island.

Last Agent to Sell the Property

Deena Congdon

RE/MAX Lake Country Listed on: 03/25/2016

Last Buyer's Agent

Deena Congdon

RE/MAX Lake Country Listed on: 03/25/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,648

Lot Details

  • 5.1 Acre Lot
  • Lot Dimensions are 439x485
  • 1,850 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Landscaped with Trees

Property Views

  • Lake Views

Property Details

Property Type

Land

Est. Annual Taxes

$1,648

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: By boat from marina or public landing
  • Waterfront Info Lake Chain: No
  • Waterfront Info Lake Maximum Depth: 60
  • L O1 Office Phone1 Number: 218-757-3233
  • List Price/ Sq Ft: 28431.37
  • ShorelineCharacteristics: Gravel, Hard, Rocky, Sand, Undeveloped
  • Property Sub-Type: Residential
  • Tax Year: 2016
  • Twp Number: 64
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 1695
  • Water Frontage In Feet: 1850
  • Waterfront Name: Elbow

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2016-03-25
  • Estimated Lot Dimensions: 439x485
  • Estimated Number of Acres: 5.1
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Match Code: 1
  • Geo Subdivision: MN
  • Lot Description: Irregular Lot, Tree Coverage - Medium
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jun 6, 2016
Sold by
Barnett Della Della
Bought by
Fallon Edward Edward
Seller's Agent
Deena Congdon
RE/MAX Lake Country
Buyer's Agent
Deena Congdon
RE/MAX Lake Country
List Price
$145,000
Sold Price
$145,000
Current Estimated Value
$260,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,210
Avg. Annual Appreciation
7.13%
Original Mortgage
$143,000
Outstanding Balance
$115,665
Interest Rate
3.66%
Estimated Equity
$158,335

Purchase Details

Closed on
Feb 18, 2009
Sold by
Barnett Della and Bahan Della Hinn
Bought by
Barnett Della
Source: Public Records

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
Fallon Edward Edward $145,000 --
Barnett Della -- Pioneer Abstract & Title Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fallon Edward Edward $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2016 06/07/16 Sold $145,000 0.0% --
05/09/2016 05/09/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $145,000 -- --
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
2023 $1,426 $134,500 $127,800 $6,700
2022 $1,412 $129,600 $121,800 $7,800
2021 $1,512 $112,400 $105,500 $6,900
2020 $1,510 $119,800 $112,900 $6,900
2019 $1,708 $118,100 $112,900 $5,200
2018 $1,742 $135,700 $132,200 $3,500
2017 $1,690 $135,700 $132,200 $3,500
2016 $1,668 $129,800 $126,300 $3,500
2015 $1,764 $129,800 $126,300 $3,500
2014 $1,764 $132,200 $128,600 $3,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Deena Congdon

    RE/MAX

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6021071

APN: 250003004440

Minnesota St Louis County 55723

3888 Elbow Lake Rd Unit Millenium Island, MN

This home is located at 3888 Elbow Lake Rd Unit Millenium Island, Beatty Township, MN 55723 since 25 March 2016 and is currently estimated at $260,210. 3888 Elbow Lake Rd Unit Millenium Island is a home located in St. Louis County with nearby schools including North Woods Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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