NOT LISTED FOR SALE

487 Valley Rd Two Harbors, MN 55616

Estimated Value: $295,000 - $416,000

2 Beds
1 Bath
1,234 Sq Ft
$298/Sq Ft Est. Value

Last Sold June 13, 2016

Last sale price $162,400 $132 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,028/month

409 Days on Market

Highlights

  • Barn
  • 20 Acre Lot
  • Ranch Style House
  • RV Access or Parking
  • Deck
  • Wood Flooring

About This Home

As of June 2016

Perfect Hobby Farm on 20 Acres with apple trees, wine grape vines and a beautiful barn. This adorable 2 bedroom 1 bath home with a 28X50 barn in great condition...lots of out buildings for storage and room to grow. Home features a large living room combined with a dining space and a charming farm house kitchen! Extra room in the basement for another bedroom complete with egress window, just needs floor coverings. Call for a showing today.

Last Agent to Sell the Property

Dee Furo

Legacy Real Estate Group LLC Listed on: 04/01/2015

Last Buyer's Agent

Loren Johnston

Lewis & Clark, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1936

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660x1320
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Combination Dining and Living Room
  • Wood Flooring
  • Eat-In Kitchen
  • Washer Hookup
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Window Egress

Parking

  • 1 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Wheelchair Access
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 25-5311-32210

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Hwy 61, Left by Sonju Motors, Right to Valley Rd.
  • L O1 Office Phone1 Number: 218-834-5144
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Ada Features: Partially Wheelchair
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1124
  • Below Grade Finished Sq Ft: 110
  • Garage Type: Detached
  • Heat: Forced Air, Propane, Oil
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1936
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1234
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Barn, Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: RV Parking, Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 660x1320
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 25-5311-32210

Rental Info

  • Lease Terms: Cash, Conventional, FHA, MHFA/WHEDA, VA DVA

Tax Info

  • Tax Amount: 1414.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jun 23, 2016
Sold by
Fleming Michelle and Leffel Michele
Bought by
Pekkala Kevin and Pekkala Amy E
Seller's Agent
Dee Furo
Legacy Real Estate Group LLC
Buyer's Agent
Loren Johnston
Lewis & Clark, LLC
List Price
$162,400
Sold Price
$162,400
Current Estimated Value
$367,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,722
Avg. Annual Appreciation
8.89%
Original Mortgage
$220,000
Interest Rate
3.64%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Pekkala Kevin $162,400 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pekkala Kevin $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2016 06/13/16 Sold $162,400 0.0% $132 / Sq Ft
05/14/2016 05/14/16 Pending -- -- --
04/01/2015 04/01/15 For Sale $162,400 -- $132 / 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
2025 $1,310 $360,400 $99,400 $261,000
2024 $1,163 $322,200 $91,800 $230,400
2023 $921 $345,400 $91,800 $253,600
2022 $1,675 $266,600 $82,800 $183,800
2021 $1,679 $248,500 $77,500 $171,000
2020 $1,475 $152,800 $64,800 $88,000
2019 $91 $150,200 $62,200 $88,000
2018 $1,017 $150,200 $62,200 $88,000
2017 $1,397 $159,100 $66,700 $92,400
2016 $1,349 $152,800 $64,800 $88,000
2015 $1,412 $148,600 $60,600 $88,000
2014 $1,412 $0 $0 $0
2013 $1,196 $0 $0 $0
2012 $767 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    Dee Furo

    Legacy Real Estate Group LLC

    (218) 393-9864

    189 Total Sales

    Dee Furo
    Section Image

  • L

    Buyer's Agent in 2016

    Loren Johnston

    Lewis & Clark, LLC

    (218) 341-2126

    120 Total Sales

    Loren Johnston
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6015199

APN: 25-5311-32210

Minnesota Lake County Two Harbors 55616

487 Valley Rd, Two Harbors, MN

Not Listed for Sale

Detached

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