NOT LISTED FOR SALE

4716 Majestic Lake Dr Iron, MN 55751

Estimated Value: $255,000 - $358,000

3 Beds
2.5 Baths
1,414 Sq Ft
$223/Sq Ft Est. Value

Last Sold August 27, 2018

Last sale price $225,000 $159 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,923/month

Highlights

  • 0.91 Acre Lot
  • Deck
  • Forced Air Heating and Cooling System

About This Home

As of August 2018

Brand new construction 3 BR lake home offers gorgeous views overlooking Majestic lake. Master bedroom suite with walk in closet, great room w/ custom kitchen cabinets, on demand hot water, gas forced air w/ central air. Large wrap around deck & 10 x 20 sleeper perfect for the over flow guest. 24 x 24 garage with walk up storage, all this on .91 acre lot and 155 ft of lake shore.

Last Agent to Sell the Property

Kimberly Culbert-Blaeser

Culbert Realty License #40188582 Listed on: 07/03/2018

Last Buyer's Agent

Darin Alto

Mirabella Realty License #20454323

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $578

Year Built

  • Built in 2017

Lot Details

  • 0.91

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,414 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2.5 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Deck
  • 0.91 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 175-0019-00050

Home Details

Home Type

Single Family

Est. Annual Taxes

$578

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Yes
  • Heat: Forced Air
  • Lvt Date: 07/03/2018
  • Main Level Bathrooms: 1.5
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0019-00050
  • Patioporch: Deck
  • Real Estate Tax: 578
  • Style: 1 1/2 Story
  • Total Above Grade Sq Ft: 1414
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Finished Sq Ft: 1414
  • Bedroom 1: Size: 13 x 8, On Level: Main
  • Total Bathrooms: 2.5
  • Appliances: Dishwasher
  • Basement: Crawl
  • Bedroom 2: Size: 11 x 13.5, On Level: Main
  • Bedroom 3: Bedroom 3:, Size: 10 x 16, On Level: Upper
  • Kitchen: Size: 18 x 17, On Level: Main
  • Living Room: Size: 11 x 13, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1260
  • Upper Level Sq Ft: 154

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 24 x 24

Utilities

  • Cooling: Central
  • Utilities: Septic, Well
  • Water Heater: Gas

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 255x155
  • Number Of Acres: 0.91
  • Zoning: R

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 27, 2018
Sold by
Werschav Frank W and Werschav Diana L
Bought by
Powell Michael R
Seller's Agent
Kimberly Culbert-Blaeser
Culbert Realty
Buyer's Agent
Darin Alto
Mirabella Realty
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%
Current Estimated Value
$314,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,665
Avg. Annual Appreciation
4.59%
Original Mortgage
$60,000
Outstanding Balance
$38,531
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$270,234

Purchase Details

Closed on
Oct 5, 2015
Sold by
Meyers Bradley D
Bought by
Werschay Frank W and Werschay Diana L

Purchase Details

Closed on
Aug 18, 2008
Sold by
Meyers Mary Ellen
Bought by
Meyers Bradley D
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Powell Michael R $225,000 Northeast Title Company
Werschay Frank W $40,000 Up North Title
Meyers Bradley D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Michael R $60,000
Previous Owner Werschay Frank W $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2018 08/27/18 Sold $225,000 -9.6% $159 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $249,000 -- $176 / 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 $2,668 $284,600 $87,800 $196,800
2022 $2,672 $270,600 $87,800 $182,800
2021 $2,430 $241,100 $64,300 $176,800
2020 $2,148 $224,900 $64,300 $160,600
2019 $2,272 $199,600 $41,500 $158,100
2018 $578 $199,600 $41,500 $158,100
2017 $532 $95,200 $44,500 $50,700
2016 $498 $39,400 $31,100 $8,300
2015 $484 $35,600 $28,600 $7,000
2014 $490 $35,600 $28,600 $7,000
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Culbert-Blaeser

    Seller's Agent in 2018

    Kimberly Culbert-Blaeser

    Culbert Realty

    (218) 290-7063

    13 in this area

    233 Total Sales

    Kimberly Culbert-Blaeser
    Section Image

  • D

    Buyer's Agent in 2018

    Darin Alto

    Mirabella Realty

    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 135083

Range Association of REALTORS®

APN: 175001900050

Minnesota St Louis County Iron 55751

4716 Majestic Lake Dr, Iron, MN

This home is located at 4716 Majestic Lake Dr, Iron, MN 55751 since 03 July 2018 and is currently estimated at $314,665, approximately $222 per square foot. This property was built in 2017. 4716 Majestic Lake Dr is a home located in St. Louis County with nearby schools including Merritt Elementary School and Mountain Iron-Buhl Secondary 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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes