NOT LISTED FOR SALE

4752 Majestic Lake Rd Iron Junction, MN 55751

Estimated Value: $233,000 - $341,221

3 Beds
2 Baths
1,568 Sq Ft
$194/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $225,000 $143 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,821/month

255 Days on Market

Highlights

  • 1.26 Acre Lot
  • 3 Car Detached Garage
  • Gas Log Fireplace
  • Deck
  • Heating System Uses Propane

About This Home

As of July 2020

Absolutely adorable 2 bedroom 2 bath home situated on 314 feet of Majestic Lake shoreline at waters edge. This home is sure to impress the toughest critics with the interior updated, walk out lower level, large lakeside deck and a 24x40 detached garage complete with large attic storage. Ductless air conditioning, propane fireplace, a water softener, 200 amp electrical service, updated baths on each level, and a newer roof are some of the improvements on this home.

Last Agent to Sell the Property

Rachel Lacount

Northwoods Land Office License #20564039 Listed on: 09/24/2019

Last Buyer's Agent

Nicole Stangland

z' Up North Realty License #40575563

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,746

Year Built

  • Built in 1968

Lot Details

  • 1.26

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Propane
  • Well
  • Septic System

Additional Features

  • Deck
  • 1.26 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 175-0019-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,746

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Electric, Gas - Propane
  • Lower Level Bathrooms: 1
  • Lvt Date: 09/24/2019
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 3
  • Parcel Code Number: 175-0019-00010
  • Patioporch: Deck
  • Percent Of Bsmnt Finished: 50
  • Real Estate Tax: 1746
  • Style: 2 Story
  • Total Above Grade Sq Ft: 1088
  • Type: Residential
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 1568
  • Bedroom 1: Size: 12x20, On Level: Main
  • Total Bathrooms: 2
  • Basement: Block, Full
  • Bedroom 2: Size: 10x12, On Level: Main
  • Bedroom 3: Size: 9x11, On Level: Lower
  • Fireplace: 1 Fireplace, Gas Log
  • Kitchen: Size: 10x12, On Level: Main
  • Living Room: Size: 15x28, On Level: Main
  • Lower Level Sq Ft: 960
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1088
  • Rec Room: Size: 10x24, On Level: Lower

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 3
  • Garage Size: 24x40

Utilities

  • Cooling: Ductless Air
  • Utilities: Septic, Well

Schools

  • School District: Mt Iron/Buhl-712

Lot Info

  • Lot Size: Dimensions: 127x300
  • Number Of Acres: 1.26
  • Zoning: res

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Jul 10, 2020
Sold by
Pettinelli Brooke E
Bought by
Leino Timothy Mark and Leino Joanna Leigh
Seller's Agent
Rachel Lacount
Northwoods Land Office
Buyer's Agent
Nicole Stangland
z' Up North Realty
List Price
$254,900
Sold Price
$225,000
Premium/Discount to List
-$29,900
-11.73%
Current Estimated Value
$303,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,805
Avg. Annual Appreciation
6.50%
Original Mortgage
$213,750
Outstanding Balance
$191,639
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$120,174

Purchase Details

Closed on
Jul 18, 2016
Sold by
Johnson A Karen and Johnson Jeffrey P
Bought by
Pettinelli Brooke E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,500
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Leino Timothy Mark $225,000 Northeast Title Company
Pettinelli Brooke E $210,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leino Timothy Mark $213,750
Previous Owner Pettinelli Brooke E $178,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $225,000 0.0% $143 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $225,000 -2.1% $143 / Sq Ft
05/06/2020 05/06/20 Price Changed $229,900 -4.2% $147 / Sq Ft
10/31/2019 10/31/19 Price Changed $239,900 -4.0% $153 / Sq Ft
10/08/2019 10/08/19 Price Changed $249,900 -2.0% $159 / Sq Ft
09/24/2019 09/24/19 For Sale $254,900 -- $163 / 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 $2,438 $266,800 $118,200 $148,600
2022 $2,526 $256,300 $118,200 $138,100
2021 $2,128 $218,200 $84,800 $133,400
2020 $1,642 $203,700 $84,800 $118,900
2019 $1,746 $165,200 $61,800 $103,400
2018 $1,574 $165,200 $61,800 $103,400
2017 $1,358 $165,200 $61,800 $103,400
2016 $1,244 $149,300 $45,900 $103,400
2015 $1,248 $111,300 $38,500 $72,800
2014 $1,248 $111,300 $38,500 $72,800
Source: Public Records

Agents Affiliated with this Home

  • Rachel Lacount

    Seller's Agent in 2020

    Rachel Lacount

    Northwoods Land Office

    (218) 780-0355

    5 in this area

    260 Total Sales

    Rachel Lacount
    Section Image
  • Nicole Stangland

    Buyer's Agent in 2020

    Nicole Stangland

    z' Up North Realty

    (218) 780-7661

    1 in this area

    93 Total Sales

    Nicole Stangland
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 138350

Range Association of REALTORS®

APN: 175001900010

Minnesota St Louis County Iron Junction 55751

4752 Majestic Lake Rd, Iron Junction, MN

This home is located at 4752 Majestic Lake Rd, Iron Junction, MN 55751 since 24 September 2019 and is currently estimated at $303,805, approximately $193 per square foot. This property was built in 1968. 4752 Majestic Lake Rd 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.

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