NOT LISTED FOR SALE

4381 Lilac Rd Gilbert, MN 55741

Estimated Value: $142,000 - $282,056

2 Beds
1.5 Baths
944 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 06, 2023

Last sale price $260,000 $275 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,338/month

6 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Baseboard Heating
  • Covered Patio or Porch
  • 1-Story Property
  • Partially Fenced Property

About This Home

As of July 2023

Peaceful 2-bedroom 1.5 bath partially furnished cabin/ year round home on a quiet dead-end road on Lost Lake in Gilbert. You'll enjoy 3+ acres of privacy to enjoy evenings by the lake or in the large, wooded backyard. This beautiful slice of heaven has 80 feet of shoreline in a very quiet bay. You get the best of both worlds, having acreage, and lakeshore. 2 stall garage with an additional 8x13 storage shed for all your extras. All new roofing on all buildings, siding on shed and garage, new septic, new propane empire heater installed, water softener/iron remover installed. Located only 8 miles to Biwabik, 9 miles to Gilbert and 21 miles to Virginia. The only thing missing here is the new owner! Schedule an appointment to see it today!

Last Agent to Sell the Property

James Marx

Mirabella Realty License #40799778 Listed on: 05/24/2023

Last Buyer's Agent

Paula Mackey

Laurentian Realty License #40092509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1981

Lot Details

  • 3.2 Acre Lot
  • Partially Fenced Property
  • Irregular Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1.5 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Propane
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 677-0012-00033

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,766

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Electric, Baseboard, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 05/24/2023
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 2
  • Parcel Code Number: 677-0012-00033
  • Patioporch: Deck, Porch, Covered
  • Real Estate Tax: 1766
  • Style: One Story
  • Total Above Grade Sq Ft: 944
  • Type: Residential
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 944
  • Bedroom 1: Size: 14x11.9, On Level: Main
  • Total Bathrooms: 1.5
  • Appliances: Electric Range, Hood, Refrigerator, Washer, Elec. Dryer
  • Basement: Crawl
  • Bedroom 2: Size: 11.6x9.6, On Level: Main
  • Dining Room: Size: 11.8x8.8, On Level: Main
  • Kitchen: Size: 9x8, On Level: Main
  • Living Room: Size: 14.8x14, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 944

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls, Detached
  • Garage Capacity: 2
  • Garage Size: 22x24

Utilities

  • Utilities: Septic, Well
  • Water Heater: Electric

Schools

  • School District: Eveleth/Gilbert -2909

Lot Info

  • Fencing: Partial, Wood Privacy
  • Lot Size: Dimensions: 610x340
  • Number Of Acres: 3.2
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Jun 28, 2023
Sold by
Wiitanen Shelly and Mccauley Timothy
Bought by
Poppema David and Poppema Sarah
Seller's Agent
James Marx
Mirabella Realty
Buyer's Agent
Paula Mackey
Laurentian Realty
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Views
7
Current Estimated Value
$235,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,986
Avg. Annual Appreciation
-4.53%
Original Mortgage
$170,000
Outstanding Balance
$103,330
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$131,684

Purchase Details

Listed on
Jul 27, 2021
Closed on
Sep 7, 2021
Sold by
Levchak Michael C and Levchak Evelyn
Bought by
Mccauley Timothy and Wiitanen Shelly
Seller's Agent
James Marx
Mirabella Realty
Buyer's Agent
James Marx
Mirabella Realty
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.31%
Original Mortgage
$104,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2001
Sold by
Haenke Michael H and Haenke Irene E
Bought by
Levchak Michael C and Levchak Evelyn
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
Poppema David $260,000 American Title
Poppema David $260,000 American Title
Mccauley Timothy $139,900 American Title
Levchak Michael C $89,900 Consolidated Title & Abstrac
Mccauley Timothy Timothy $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poppema David $170,000
Closed Poppema David $170,000
Previous Owner Mccauley Timothy $104,900
Closed Mccauley Timothy Timothy $104,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2023 07/06/23 Sold $260,000 0.0% $275 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/24/2023 05/24/23 For Sale $259,900 +85.8% $275 / Sq Ft
09/07/2021 09/07/21 Sold $139,900 0.0% $148 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $139,900 -- $148 / Sq Ft
Source: Range Association of 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 $1,036 $154,600 $58,900 $95,700
2022 $1,562 $142,900 $54,600 $88,300
2021 $1,434 $109,500 $47,100 $62,400
2020 $1,448 $109,500 $47,100 $62,400
2019 $1,440 $107,600 $45,200 $62,400
2018 $1,570 $107,600 $45,200 $62,400
2017 $1,584 $115,800 $56,700 $59,100
2016 $1,542 $115,800 $56,700 $59,100
2015 $1,443 $108,200 $54,300 $53,900
2014 $1,443 $108,200 $54,300 $53,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 145064

Range Association of REALTORS®

APN: 677001200033