NOT LISTED FOR SALE

5049 Vermilion Trail Gilbert, MN 55741

Estimated Value: $89,000 - $209,000

1 Bed
1 Bath
576 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 14, 2019

Last sale price $79,000 $137 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $905/month

20 Days on Market

About This Home

As of November 2019

CEDAR ISLAND LAKE: Seasonal 2BR/1BA Cabin with 100ft of sandy shoreline and mostly level lot.

Last Agent to Sell the Property

Stuart Johansen

Northland Realty License #40082401 Listed on: 09/26/2019

Last Buyer's Agent

Stuart Johansen

Northland Realty License #40082401 Listed on: 09/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,142

Year Built

  • Built in 1952

Lot Details

  • 0.38 Acre Lot
  • Irregular Lot
  • Property is zoned SMU11

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Utilities

  • Space Heater
  • Heating System Uses Propane
  • The lake is a source of water for the property
  • Well
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 260-0055-00020 & 00266

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,142

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Space Heaters, Gas - Propane
  • Irregular Lot Size: Yes
  • Lvt Date: 09/26/2019
  • Main Level Bathrooms: .75
  • Number Of Bedrooms: 1
  • Parcel Code Number: 260-0055-00020 & 00266
  • Real Estate Tax: 1142
  • Style: One Story, Seasonal
  • Type: Residential
  • Year Built: 1952
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 576
  • Bedroom 1: Size: 9x12, On Level: Main
  • Total Bathrooms: 0.75
  • Appliances: Electric Range, Refrigerator
  • Basement: Slab
  • Bedroom 2: Size: 9x9, On Level: Main
  • Kitchen: Size: 9x12, On Level: Main
  • Living Room: Size: 12x15, On Level: Main
  • Main Level Bedrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt, Shingle

Utilities

  • Utilities: Septic, Well, Lake Water System, Telephone

Lot Info

  • Lot Size: Dimensions: 164x100
  • Number Of Acres: 0.38
  • Zoning: SMU11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2019
Closed on
Oct 30, 2019
Sold by
U S Bank National Association
Bought by
Keranen Bruce C and Borchers Amy M
Seller's Agent
Stuart Johansen
Northland Realty
Buyer's Agent
Stuart Johansen
Northland Realty
List Price
$82,000
Sold Price
$79,000
Premium/Discount to List
-$3,000
-3.66%
Current Estimated Value
$157,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,156
Avg. Annual Appreciation
11.77%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Nationstar Mortgage Llc
Bought by
U S Bank Na and Mortgage Equity Conversion Asset Trust

Purchase Details

Closed on
Jun 19, 2018
Sold by
Mattson William A and Mattson Jannette D
Bought by
Bank Of America N A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Keranen Bruce C $79,000 None Available
U S Bank Na -- None Available
Bank Of America N A $97,043 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2019 11/14/19 Sold $79,000 -3.7% $137 / Sq Ft
09/26/2019 09/26/19 For Sale $82,000 -- $142 / Sq Ft
Source: Range Association of 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 $998 $88,300 $57,300 $31,000
2023 $998 $83,100 $54,800 $28,300
2022 $1,162 $83,100 $60,500 $22,600
2021 $1,172 $83,000 $60,400 $22,600
2020 $1,150 $80,900 $60,400 $20,500
2019 $1,140 $78,100 $57,600 $20,500
2018 $1,198 $78,100 $57,600 $20,500
2017 $460 $76,400 $57,100 $19,300
2016 $442 $76,400 $57,100 $19,300
2015 $419 $46,000 $34,400 $11,600
2014 $419 $46,000 $34,400 $11,600
Source: Public Records

Agents Affiliated with this Home

  • Stuart Johansen

    Seller's Agent in 2019

    Stuart Johansen

    Northland Realty

    (218) 390-0290

    87 Total Sales

    Stuart Johansen
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Map

Source: Range Association of REALTORS®

MLS Number: 138360

Range Association of REALTORS®

APN: 260005500020

Minnesota St Louis County Gilbert 55741

5049 Vermilion Trail, Gilbert, MN

Not Listed for Sale

Detached

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