NOT LISTED FOR SALE

5132 Setterlund Dr Cotton, MN 55724

Estimated Value: $468,000 - $557,000

4 Beds
2 Baths
2,436 Sq Ft
$212/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $418,400 $172 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,071/month

40 Days on Market

Highlights

  • Private Waterfront
  • 20 Acre Lot
  • Traditional Architecture
  • Sauna
  • Recreation Room
  • Lower Floor Utility Room

About This Home

As of August 2021

Are you looking for the best of both worlds with privacy and the lake? You've found it! Own the North side of the lake. This home sits on 20 acres on Hart Lake with 1710 feet of frontage. Wooded lot for the best of privacy; sit on your deck overlooking the lake with your morning coffee. Home features an open concept and main floor bedroom and a bath on each level. Vaulted ceilings and large trapezoid windows let in an abundance of natural lighting to the main level. Large deck for hosting your family gatherings. Extra buildings include a 2+ car heated garage (24x30), bunk house (14x18), sauna (10x12), wood shed (8x8) and storage shed (16x8); all well maintained. Internet is approx. 10 mg.

Last Agent to Sell the Property

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 06/16/2021

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 06/16/2021

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1983

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660x1320
  • Private Waterfront
  • 1,710 Feet of Waterfront
  • Lake Front

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Utility Room
  • Sauna

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Heated Garage

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Private Sewer

Additional Features

  • Storage Shed
  • Bunk House

Listing and Financial Details

  • Assessor Parcel Number 662-0010-05260

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,201

Year Built

Built in 1983

Lot Details

20 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 to Comstock Rd. to Setterlund Dr. or hwy 53 to Three lakes Rd. St. Louis #49 to Munger ShawRd. St. Louis #15 to Comstock Rd. to Setterlund Dr.
  • L O1 Office Phone1 Number: 218-728-7700
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1296
  • Below Grade Finished Sq Ft: 1140
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Forced Air, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Utility Room
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1983
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Basement, Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Rec Room
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2436
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Storage Shed, Bunkhouse, Other Buildings
  • Waterfront Access: Private
  • Water Frontage In Feet: 1710
  • Waterfront Name: Hart
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Features: Electrical Service, Heat, Slab
  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Estimated Lot Dimensions: 660x1320
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 662-0010-05260
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 3201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2021
Closed on
Aug 17, 2021
Sold by
Ranssi John I and Ranssi Margaret O
Bought by
Ziegler Antoine S and Ziegler Abbie L
Seller's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
Buyer's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
List Price
$418,400
Sold Price
$418,400
Current Estimated Value
$517,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,082
Avg. Annual Appreciation
4.75%
Original Mortgage
$332,000
Outstanding Balance
$301,239
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$216,243

Purchase Details

Closed on
Mar 8, 2016
Sold by
Ranssi John I and Ranssi Margaret O
Bought by
Ranssi John I and Ranssi Margaret O
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Ziegler Antoine S $418,400 Affinity Plus Title Company
Ranssi John I -- Attorney
Ziegler Antoine Antoine $418,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ziegler Antoine S $332,000
Closed Ziegler Antoine Antoine $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2021 08/17/21 Sold $418,400 0.0% $172 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/16/2021 06/16/21 For Sale $418,400 -- $172 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $4,550 $485,600 $147,300 $338,300
2023 $4,550 $472,400 $141,000 $331,400
2022 $3,666 $414,300 $170,100 $244,200
2021 $3,286 $306,100 $123,300 $182,800
2020 $3,348 $256,400 $92,100 $164,300
2019 $3,316 $256,400 $92,100 $164,300
2018 $3,382 $256,200 $91,900 $164,300
2017 $3,428 $256,300 $92,000 $164,300
2016 $2,718 $256,300 $92,000 $164,300
2015 $2,197 $201,600 $86,800 $114,800
2014 $2,197 $176,900 $86,800 $90,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097649

APN: 662001005260

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