NOT LISTED FOR SALE

50 Stonegate Rd Hovland, MN 55606

Estimated Value: $336,000 - $621,000

1 Bed
1 Bath
856 Sq Ft
$551/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $315,000 $368 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,506/month

30 Days on Market

Highlights

  • 101 Feet of Waterfront
  • Lake View
  • Sun or Florida Room
  • Guest House
  • Loft
  • 2 Car Detached Garage

About This Home

As of July 2017

Talk about your quintessential Lake Superior cabin. This charming little place was built originally circa 1956 but was completely redone 12 years ago with new roof, new windows, new bedroom, new bathroom, new kitchen, new indoor paneling, new siding and much more. However the owners kept some of the beams and vertical logs from the original cabin to add a most unique feel. This cabin is literally feet from the lake shore and the sunroom and bedroom open to the sights and sounds of Lake Superior as few other cabins do. Electric baseboard heat throughout plus radiant heat in the kitchen, sunroom and bedroom. There is a spunky little (19 by 12 with a 19 by 8 screen porch) cabin that was lived in by the original owners prior to building their cabin. It has unlimited possibilities as a guest cabin, writer's cottage, artist's studio...whatever. There is an 8 by 10 wood/storage shed and the whole package is completed by a 24 by 32 foot heated and insulated garage. Amazing value,call now!

Last Agent to Sell the Property

Bob Carter

Coldwell Banker North Shore Listed on: 05/22/2017

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,786

Year Built

  • Built in 1956

Lot Details

  • 0.92 Acre Lot
  • 101 Feet of Waterfront
  • Lake Front
  • Property fronts a state road

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 856 Sq Ft Home
  • Combination Dining and Living Room
  • Loft
  • Sun or Florida Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level
  • 1 Bathroom

Basement

  • Stone Basement
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Additional Features

  • Storage Shed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 56-220-1200

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,786

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Est from Grand Marais on Hiway 61 18 miles to Hovland and County Road 88 (Chicago Bay Road). Turn right and go 1/4 mile to Stonegate Road (County Road 76). turn left and go about 1/4 mile to property.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 367.99
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Twp Number: 62N
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Garage Door Opener, Tiled Floors
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 856
  • Garage Type: Detached
  • Heat: Baseboard, Radiant, Wood, Electric
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 1
  • Year Built: 1956
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: Stone
  • Estimated Basement Sq Ft: 856
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Sunroom/Solarium
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Loft
  • Total Bathrooms: 1
  • Total Fin Square Footage: 856
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse
  • Road Frontage: Paved, State
  • Water Frontage In Feet: 101
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-07-28
  • Estimated Lot Dimensions: 101 by 397
  • Estimated Number of Acres: 0.92
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 56-220-1200
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Jul 28, 2017
Sold by
Ormiston Charles F and Ormiston Ruth A
Bought by
King Lorraine C and King Stephen P
Seller's Agent
Bob Carter
Coldwell Banker North Shore
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$315,000
Sold Price
$315,000
Total Days on Market
30
Current Estimated Value
$471,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,807
Avg. Annual Appreciation
4.79%
Source: Public Records

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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 Buyer Sale Price Title Company
King Lorraine C $315,000 North Shore Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $315,000 0.0% $368 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $315,000 -- $368 / 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
2023 $27 $384,800 $201,400 $183,400
2022 $2,356 $376,100 $200,600 $175,500
2021 $2,322 $251,400 $109,400 $142,000
2020 $2,352 $249,800 $109,400 $140,400
2019 $2,408 $248,800 $136,700 $112,100
2018 $1,954 $248,900 $136,700 $112,200
2017 $1,786 $213,800 $120,900 $92,900
2016 $1,722 $214,100 $120,900 $93,200
2015 $1,802 $224,900 $130,900 $94,000
2014 $1,742 $248,600 $135,200 $113,400
2012 -- $251,100 $137,700 $113,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029051

APN: 56-220-1200