NOT LISTED FOR SALE

41569 41569 Grey Logs Rd Bigfork, MN 56628

Estimated Value: $221,000 - $309,000

2 Beds
1.5 Baths
1,589 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $179,900 $113 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,603/month

Highlights

  • 300 Feet of Waterfront
  • Sandy Beach
  • Wood Flooring
  • Docks
  • Vaulted Ceiling
  • Workshop

About This Home

As of May 2013

NESTLED IN THE THE CHIPPEWA NATIONAL FOREST LOCATED BETWEEN TURTLE LAKE & MAPLE LAKE, THIS S FACING PROPERTY IS UNIQUE, QUIET AND BOASTS OF 300 FT OF LAKESHORE. THE CABINS WERE ORIGINALLY BUILT FOR THE HEIRS OF THE CREAM OF WHEAT COMPANY.THEY OWNED AND VACATIONED THERE IN THE SUMMERS FOR OVER 50 YEARS. SOME OF THE PROPERTY HAS BEEN SPLIT OFF AND SOLD, PROPERTY IS BEING OFFERED NOW. IT INCLUDES THE LARGE MAIN LOG LODGE, A 20' X 16' LOG WORKSHOP AND A 26' X 12' GUEST CABIN ON 4.9 ACRES, OUTLOT A OF 0.7 ACRES AND A LAKE ACCESS LOT OF .99 ACRES. THE MAIN LODGE IS IN GOOD SHAPE, HAS A GORGEOUS SPLIT ROCK GRANITE FIREPLACE IN A NICE SIZE FAMILY ROOM WITH 18 FOOT BEAM CEILING, A BIG SCREENED PORCH THAT COVERS THE ENTIRE LENGTH OF THE FRONT OF THE CABIN AND OVERLOOKS TURTLE LAKE. THE PROPERTY CAN ONLY BE ACCESSED BY PARKING AT THE LAKE ACCESS LOT AND CROSSING BY WATER OR BY A TRAIL FOR 4-WHEELERS OR WALKING FROM THE TURTLE LAKE BOAT ACCESS. THERE IS NO DIRECT ROAD. A REMODELED MAIN LEVEL FULL BATHROOM. THERE IS A LARGE LOFT OVERLOOKING THE FAMILY ROOM THAT HAS TWO AREAS FOR SLEEPING AND A BATHROOM. THE GUEST CABIN IS CLEAN AND UPDATED. IT SITS ON THE EDGE OF THE HILL AND OVERLOOKS THE PEACEFUL LAKE. THE WORKSHOP COULD BE CONVERTED BACK TO A GUEST CABIN OR LEFT AS IS. THERE ARE WALKING TRAILS ON THIS ROLLING PROPERTY WITH PINE AND HARDWOODS. POSSIBLE CONTRACT FOR DEED.

Last Agent to Sell the Property

DAVID RITTER,BROKER

MN LAKESHORE PROPERTIES/MN UP NORTH PROPERTIES Listed on: 03/23/2013

Last Buyer's Agent

LENA BISCHOFF

MN DIRECT PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,840

Lot Details

  • 5.6 Acre Lot
  • 300 Feet of Waterfront
  • Lake Front
  • Sandy Beach

Home Design

  • Log Cabin
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 1,589 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Workshop
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Partial Basement
  • Stone or Rock in Basement

Outdoor Features

  • Docks

Utilities

  • Heating System Uses Wood
  • Radiant Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 3 Parcels

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,840

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Seasonal Recreational
  • Amenities: Ceiling Fans, Hardwood Floors, Vaulted Ceilings
  • Amenities Exterior: Dock
  • Estimated Number of Acres: 5.6
  • Assessments: Yes
  • Beach Type: Gravel, Sand
  • Dnr Lake Id Number: 310725
  • Parcel Number: 3 Parcels
  • Range: 27
  • Section: 26
  • Stories: 2 Story
  • Street Designation: Road
  • Twp Number: 60
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Yes
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 28x16, On Level: Main
  • Room 2: Dining Room, 6.5x6, On Level: Main
  • Room 3: Kitchen, 12x16, On Level: Main
  • Room 7: 17x14, On Level: Upper
  • Room 8: Bedroom, 12x9, On Level: Upper
  • Room 12: Porch, 31x12, On Level: Main
  • Room 13: Other, 15x8, On Level: Main
  • Room 14: Other
  • Room 15: Other
  • Basement Material: Rock
  • Basement Style: Partial
  • Total Fin Square Footage: 1589

Exterior Features

  • LakeAcres: 2066
  • Waterfront Name: Turtle
  • Construction Type: Log Home
  • Exterior: Log
  • Out Buildings: Workshop
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 300
  • Waterfront Description: Lake

Utilities

  • Fuel: Wood
  • Heat: Radiant
  • Sewer: Private
  • Water: Private

Schools

  • School District: Grand Rapids #318

Lot Info

  • Estimated Lot Dimensions: IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
May 22, 2013
Sold by
Mills Karen Karen
Bought by
Cooper Christopher Christopher
Seller's Agent
DAVID RITTER,BROKER
MN LAKESHORE PROPERTIES/MN UP NORTH PROPERTIES
Buyer's Agent
LENA BISCHOFF
MN DIRECT PROPERTIES
List Price
$199,900
Sold Price
$179,900
Premium/Discount to List
-$20,000
-10.01%
Total Days on Market
0
Current Estimated Value
$259,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,585
Avg. Annual Appreciation
3.23%
Original Mortgage
$90,000
Outstanding Balance
$65,154
Interest Rate
3.51%
Estimated Equity
$199,145
Source: Public Records

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Range of Values:

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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
Cooper Christopher Christopher $179,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooper Christopher Christopher $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $179,900 -10.0% $113 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $199,900 -- $126 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,840 $191,900 $49,100 $142,800
2022 $1,544 $187,500 $44,700 $142,800
2021 $1,590 $124,500 $30,000 $94,500
2020 $1,660 $124,500 $30,000 $94,500
2019 $1,926 $124,500 $30,000 $94,500
2018 $1,816 $154,600 $43,400 $111,200
2017 $1,684 $0 $0 $0
2016 $1,704 $0 $0 $0
2015 $1,630 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4203155

REALTOR® Association of Southern Minnesota

APN: 38-420-0140