$469,000
SOLD JUL 30, 2025

4961 Spirit Lake Rd Mountain Iron, MN 55768

3 Beds
2.5 Baths
3,052 Sq Ft
0.81 Acres

Recently Sold

$154 Per Sq Ft

33 Days on Market

Highlights

  • 99 Feet of Waterfront
  • 35,284 Sq Ft lot
  • Main Floor Primary Bedroom
  • Beach Access
  • Deck
  • No HOA

About This Home

As of July 2025

What a find! Close to town, paved road, lake shore, large yard, 3000+ sf home, garage space and lots of improvements!! This is the dream lake home you have been waiting for! Centrally located between several school districts, a few minutes from shopping, 3 large BR on the same level with a few additional 'bonus'/office/den spaces, ample storage, great light and views from the windows, updated bathrooms, open floor plan and do not miss the BONUS GREAT ROOM (24X24) it will be your favorite room in the house, next to the primary bedroom has double closets and an ensuite bathroom, dual fuel for affordable heat bills, high speed internet for those who work at home, garbage pick up, extra sheds, new septic system and a park like yard with perennials galore...you have found your lake PLACE! Call today for your personal tour! OPEN HOUSE SATURDAY 6/21/25 11-1

Last Agent to Sell the Property

Darcie Novak

My Place Realty, Inc. Listed on: 06/06/2025

Last Buyer's Agent

Joseph Tome

GRAND PROPERTIES REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,836

Year Built

  • Built in 1974

Lot Details

  • 0.81 Acre Lot
  • Lot Dimensions are 320x100x224x260
  • 99 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

  • Electric Fireplace
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • 200+ Amp Service
  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 175005800010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,836

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Window Unit(s)
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private
  • Year Built: 1974
  • Above Grade Finished Sq Ft: 2476
  • Water Body Name: Doherty
  • Unit Levels: Three Level Split
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • FoundationDimensions: 30x22, 26x22, 24x24
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full
  • Appliances: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Electric Log, Electric
  • Living Area: 3052
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 576
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Office, Other Room, Family Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake
  • Other Structures: Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Deck
  • Lake Acres: 71
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 26-40
  • Waterfront Frontage: 99

Garage/Parking

  • Parking Features: Detached
  • Garage Square Feet: 528

Utilities

  • Heating: Dual
  • Sewer: Mound Septic, Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Panoramic View

Schools

  • Junior High Dist: Mountain Iron-Buhl
  • SchoolDistrictNumber: 712
  • SchoolDistrictPhone: 218-735-8271

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 320x100x224x260
  • Lot Size Sq Ft: 35283.6
  • Land Lease: No
  • Lot Features: Accessible Shoreline
  • Additional Parcels: No
  • Zoning Description: Shoreline,Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 175005800010
  • Tax Annual Amount: 2836
  • TaxWithAssessments: 2836.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 19, 2024
Sold by
Ackerson David E and Ackerson Barbara M
Bought by
Jokinen Thomas R and Jokinen Elyse R
Seller's Agent
Joan Cotton
Mirabella Realty
Buyer's Agent
Norma Jean Jofs
Next Door Realty
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Views
9

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$360,000
Outstanding Balance
$356,677
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$110,284
Source: Public Records

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    Deena Shykes RE/MAX Results

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $450,000 All American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $135,701 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $400,294 Credit Line Revolving
Previous Owner $37,000 Unknown
Previous Owner $321,525 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Sold $469,000 0.0% $154 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $469,000 -2.1% $154 / Sq Ft
06/07/2025 06/07/25 For Sale $479,000 +6.4% $157 / Sq Ft
06/20/2024 06/20/24 Sold $450,000 -2.2% $148 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $459,900 -- $151 / 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 $2,836 $298,600 $64,800 $233,800
2022 $2,912 $282,000 $64,800 $217,200
2021 $2,568 $253,500 $48,400 $205,100
2020 $2,909 $234,500 $48,400 $186,100
2019 $3,058 $253,500 $48,400 $205,100
2018 $2,792 $250,800 $48,400 $202,400
2017 $2,714 $250,900 $48,500 $202,400
2016 $2,508 $243,800 $36,300 $207,500
2015 $2,622 $211,200 $39,500 $171,700
2014 $2,622 $211,200 $39,500 $171,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6733347

NorthstarMLS

APN: 175005800010