NOT LISTED FOR SALE

47684 E Lum Lake Ln Bovey, MN 55709

Estimated Value: $462,000 - $536,985

3 Beds
2.5 Baths
3,032 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $481,000 $159 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,103/month

40 Days on Market

Highlights

  • 375 Feet of Waterfront
  • 1 Fireplace
  • Home Office
  • Recreation Room
  • No HOA
  • 6 Car Attached Garage

About This Home

As of September 2023

Wake up each morning to serene lake views on Lum Lake! This 10 acre property offers 300'+ of lakeshore with 3 Bedroom/ 2 bath surrounded by craftsman wood work though out will make you never want to leave. In addition to the attached two stall garage and boat house, this property offers your DREAM shop with a 30 x 40 Morton building.

Last Agent to Sell the Property

Annalea Peters

GRAND PROPERTIES REAL ESTATE Listed on: 06/19/2023

Co-Listed By

Clint Corrow

GRAND PROPERTIES REAL ESTATE

Last Buyer's Agent

Wendy Uzelac

RE/MAX Advantage Plus

RE/MAX Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 2005

Lot Details

  • 9.9 Acre Lot
  • Lot Dimensions are 360 x 1130
  • 375 Feet of Waterfront
  • Lake Front

Parking

  • 6 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Living Room
  • Home Office
  • Recreation Room
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 590262404

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,331

Year Built

Built in 2005

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private, Well
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1800
  • Water Body Name: Lum
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 24x48x10x16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Living Area: 3032
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1232
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Living Room, Recreation Room, Sun Room, Bedroom 1, Bedroom 2, Bedroom 3, Office
  • SqFtTotal: 3032.00

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Roof: Asphalt
  • Lake Acres: 48
  • Lake Bottom: Sand,Undeveloped
  • LakeChain: N
  • Waterfront Frontage: 375

Garage/Parking

  • Parking Features: Attached Garage
  • Garage Square Feet: 768

Utilities

  • Heating: Forced Air
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 360 x 1130
  • Lot Size Sq Ft: 431244
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 590262404
  • Tax Annual Amount: 1331
  • TaxWithAssessments: 1376.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2023
Closed on
Sep 25, 2023
Sold by
Edwin A Talbott A and Edwin Kathleen E
Bought by
Anderson Joseph and Dunlap Laura
Seller's Agent
Annalea Peters
GRAND PROPERTIES REAL ESTATE
Buyer's Agent
Wendy Uzelac
RE/MAX Advantage Plus
List Price
$495,000
Sold Price
$481,000
Premium/Discount to List
-$14,000
-2.83%
Views
145
Current Estimated Value
$500,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,008
Avg. Annual Appreciation
2.28%
Original Mortgage
$471,000
Outstanding Balance
$463,639
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$37,935

Purchase Details

Closed on
Mar 19, 2019
Sold by
Usa Va
Bought by
Talbott Elmtree

Purchase Details

Closed on
May 22, 2009
Sold by
Federal National Mortgage Association
Bought by
Bader Larry D and Bader Jacqueline A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2008
Sold by
Bohman Timothy Allen and Bohman Bobbi Ann
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Anderson Joseph $481,000 --
Talbott Elmtree $285,000 --
Bader Larry D -- West Title Llc
Bank Of America Na $429,291 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Joseph $471,000
Previous Owner Bader Larry D $252,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $481,000 +0.2% $159 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $479,900 -3.1% $158 / Sq Ft
06/20/2023 06/20/23 For Sale $495,000 -- $163 / Sq Ft
Source: NorthstarMLS

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 $4,104 $466,200 $79,300 $386,900
2022 $4,450 $462,200 $75,300 $386,900
2021 $3,768 $364,500 $86,600 $277,900
2020 $4,388 $295,000 $80,100 $214,900
2019 $3,910 $325,400 $79,100 $246,300
2018 $172 $325,400 $79,100 $246,300
2017 $3,238 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Annalea Peters

    GRAND PROPERTIES REAL ESTATE

    (218) 360-1563

    98 Total Sales

    Section Image
  • Clint Corrow

    Seller Co-Listing Agent in 2023

    Clint Corrow

    GRAND PROPERTIES REAL ESTATE

    (612) 991-1002

    151 Total Sales

    Section Image
  • Wendy Uzelac

    Buyer's Agent in 2023

    Wendy Uzelac

    RE/MAX Advantage Plus

    (218) 259-7653

    169 Total Sales

    Section Image
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Map

Source: NorthstarMLS

MLS Number: 6389707

NorthstarMLS

APN: 59-026-2404

Minnesota Itasca County Bovey 55709

47684 E Lum Lake Ln, Bovey, MN

This home is located at 47684 E Lum Lake Ln, Bovey, MN 55709 since 19 June 2023 and is currently estimated at $494,996, approximately $163 per square foot. This property was built in 2005. 47684 E Lum Lake Ln is a home located in Itasca County with nearby schools including Forest Lake Elementary School, Robert J. Elkington Middle School, and Grand Rapids Senior High School.

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