NOT LISTED FOR SALE

46 Magney Ln Schroeder, MN 55613

Estimated Value: $878,000 - $1,284,000

3 Beds
2 Baths
1,887 Sq Ft
$582/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2016

Last sale price $500,000 $265 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,401 / mo

204 Days on Market

Highlights

  • 210 Feet of Waterfront
  • Deck
  • Vaulted Ceiling
  • Lake View
  • Recreation Room
  • Wood Flooring

About This Home

As of December 2016

Lodge Style log home living on Lake Superior! It's a place where one comes to embrace the Big Lake, the Wilderness and Togetherness. Super location just over an hour from Duluth, there's a hiking trail for direct access to the trail to Caribou River Falls! Captivating accessible shoreline for you Agate hunters! Or sprawl out on the smooth ledge rock for soaking in the warmth of Summer. And at the end of the day, come home to this Grand Getaway with wrap around deck for maximum lake viewing! Entertain in the large comfortable kitchen designed for Lake and Fireplace views, featuring custom cabinetry and plenty of counter space. Gorgeous fieldstone fireplace in Great room creates a very warm and welcoming feeling that flows throughout the home. Two main level large bedrooms, and upstairs loft bedroom. Lower level walk out is great space! A finished rec room and bathroom makes for nice guest space, with good potential for additional finished living space. Lots of storage, utility room.

Last Agent to Sell the Property

John Oberholtzer

TimberWolff Realty LLC Listed on: 05/13/2016

Last Buyer's Agent

John Oberholtzer

TimberWolff Realty LLC Listed on: 05/13/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1989

Lot Details

  • 1.73 Acre Lot
  • Lot Dimensions are 500x210
  • 210 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Elevated Lot
  • Street terminates at a dead end
  • Landscaped with Trees
  • Additional Land

Home Design

  • Log Cabin
  • Poured Concrete
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Family Room
  • Dining Room
  • Den
  • Recreation Room
  • Loft
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outdoor Water Feature

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Gravity Heating System
  • Underground Utilities
  • Private Water Source
  • Fuel Tank
  • Private Sewer
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-260-1070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1989

Lot Details

1.73 Acres

Listing Details

  • Estimated Wooded Acres: 1.7
  • Class: SINGLE FAMILY
  • Directions: Hwy 61 from Duluth approx. 1 1/4 hrs, just past Caribou River Waterfall Wayside and Red Pine Plantation, take Right on Magney Ln, Right again to one drive from the end #46.
  • L O1 Office Phone1 Number: 218-663-8777
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • ShorelineCharacteristics: Gravel, Rocky, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • Twp Number: 58
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Hardwood Floors, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Beamed Ceilings, Panelled Walls, Patio Door, Washer Hook-Ups
  • Amenities Exterior: Deck, Water Feature
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1560
  • Below Grade Finished Sq Ft: 327
  • Garage Type: None
  • Heat: Baseboard, Forced Air, Gravity, Propane, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Other
  • Room 12: Deck
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1989
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Partially Finished, Walkout, Bath, Den/Office, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: lower
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Family/Rec, Storage Room, Utility Room, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Kitchen
  • Bathroom 2: Great Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Loft
  • Room 8: Rec Room
  • Room 9: Storage Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1887
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Dead End/No Outlet, Private
  • Water Frontage In Feet: 210
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 500x210
  • Estimated Number of Acres: 1.73
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Additional Land Available, Tree Coverage - Medium, Telephone, Underground Utilities, High
  • Parcel Number: 20-260-1070
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Dec 27, 2016
Sold by
Smith Houghton S and Smith Marsha A
Bought by
Hageman Eric W and Coyle Jill E
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
John Oberholtzer
TimberWolff Realty LLC
List Price
$500,000
Sold Price
$500,000
Current Estimated Value
$1,098,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$598,723
Avg. Annual Appreciation
8.88%
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Hageman Eric W $500,000 Burnet Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2016 12/27/16 Sold $500,000 0.0% $265 / Sq Ft
12/03/2016 12/03/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $500,000 -- $265 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $5,794 $811,500 $416,600 $394,900
2023 $50 $730,500 $372,000 $358,500
2022 $4,072 $682,500 $340,500 $342,000
2021 $4,434 $459,500 $262,300 $197,200
2020 $4,244 $503,000 $305,800 $197,200
2019 $4,422 $475,900 $276,200 $199,700
2018 $3,872 $478,400 $276,200 $202,200
2017 $3,536 $481,000 $276,200 $204,800
2016 $2,830 $483,500 $276,200 $207,300
2015 $2,760 $486,000 $276,200 $209,800
2014 $2,726 $498,200 $265,400 $232,800
2012 -- $535,800 $303,000 $232,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6022501

APN: 20-260-1070

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