NOT LISTED FOR SALE

4808 Chicago Bay Rd Hovland, MN 55606

Estimated Value: $305,000 - $596,000

2 Beds
1 Bath
950 Sq Ft
$437/Sq Ft Est. Value

Last Sold April 06, 2016

Last sale price $60,000 $63 Per Sq Ft

Est. 591% increase in value since last sale

Current estimated payment $2,461/month

135 Days on Market

Highlights

  • Den
  • Living Room
  • Forced Air Heating System
  • Enclosed Patio or Porch

About This Home

As of April 2016

This historic home has Lake Superior views without Superior prices! Comes with a small barn. Open design in living room and dining room. Three season porch, 2 bedrooms upstairs. There is a paved circular driveway. Basement is used for utilities. Renovations were begun on this historic home but they need to be completed to make it winterized. OR, you could just keep it simple and create your summer cabin. With this reduced price, there will be money left over to finish this home to your taste. This home has "dream potential."

Last Agent to Sell the Property

Larry Dean

Red Pine Realty Listed on: 09/24/2015

Last Buyer's Agent

Larry Dean

Red Pine Realty Listed on: 09/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $596

Year Built

  • Built in 1917

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 110 x 300

Parking

  • No Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Den
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 56-220-2420

Home Details

Home Type

Single Family

Est. Annual Taxes

$596

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Hovland (about 19 miles from Grand Marais). Turn right on Chicago Bay Road and follow to 4808. Home and small barn sit on the right hand side.
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 63.16
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 950
  • Garage Type: None
  • Heat: Forced Air, Propane, Electric
  • Bedroom 3: Bathroom
  • TotalBedrooms: 2
  • Year Built: 1917
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 585
  • Basement Style: Full
  • Bathroom 1 Level: 9 X 10
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: 3 Season Porch
  • Bedroom 5: Den/Office
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 950
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: None
  • Water: Private

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2016-04-06
  • Estimated Lot Dimensions: 110 X 300
  • Estimated Number of Acres: 0.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 56-220-2420

Tax Info

  • Tax Amount: 596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Apr 6, 2016
Sold by
Moore Terrence Terrence
Bought by
Osman Raymond and Osman Vickie
Seller's Agent
Larry Dean
Red Pine Realty
Buyer's Agent
Larry Dean
Red Pine Realty
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$414,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,872
Avg. Annual Appreciation
21.16%
Original Mortgage
$60,000
Outstanding Balance
$47,960
Interest Rate
3.62%
Estimated Equity
$317,373
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
Osman Raymond $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osman Raymond $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2016 04/06/16 Sold $60,000 0.0% $63 / Sq Ft
02/06/2016 02/06/16 Pending -- -- --
09/24/2015 09/24/15 For Sale $60,000 -- $63 / Sq Ft
Source: Lake Superior Area 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
2024 $2,456 $351,000 $42,700 $308,300
2023 $22 $319,700 $40,400 $279,300
2022 $1,792 $307,200 $36,900 $270,300
2021 $902 $193,100 $35,100 $158,000
2020 $876 $102,000 $17,600 $84,400
2019 $854 $98,000 $40,100 $57,900
2018 $312 $94,200 $40,100 $54,100
2017 $318 $37,300 $28,500 $8,800
2016 $626 $42,200 $28,500 $13,700
2015 $596 $89,300 $28,500 $60,800
2014 $578 $90,900 $26,000 $64,900
2012 -- $91,900 $27,000 $64,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Larry Dean

    Red Pine Realty

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6018581

APN: 56-220-2420

Minnesota Cook County Hovland 55606

4808 Chicago Bay Rd, Hovland, MN

This home is located at 4808 Chicago Bay Rd, Hovland, MN 55606 since 24 September 2015 and is currently estimated at $414,872, approximately $436 per square foot. This property was built in 1917. 4808 Chicago Bay Rd is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High 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.

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