NOT LISTED FOR SALE

514 Braemar Ln Two Harbors, MN 55616

Estimated Value: $1,090,000 - $1,397,000

5 Beds
3.5 Baths
6,400 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 08, 2016

Last sale price $645,500 $101 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,080/month

499 Days on Market

Highlights

  • Media Room
  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • Den

About This Home

As of June 2016

A stunning Lake Superior view home to say the least. This custom built home features 5 bedrooms, 4 baths with more room than you can imagine with a heated 3 car attached garage. Fabulous kitchen with granite countertops and beautiful cherry cabinets. All bedrooms with huge walk-in closets. Aside from it being an executive type home, this property would also lend itself to an upscale B & B or corporate retreat.

Last Agent to Sell the Property

Larry Peterson

Century 21 Atwood Listed on: 10/07/2014

Last Buyer's Agent

Rita Hutchens

Hutchens Realty Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 2007

Lot Details

  • 5.58

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Block And Stucco Construction
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Formal Dining Room
  • Media Room
  • Den
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Whirlpool Bathtub

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Deck
  • 5.58 Acre Lot

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 25-5220-01070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 2007

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Approx 3/4 mile up Larsmont Road from Hwy 61 to Braemer Lane to sign
  • L O1 Office Phone1 Number: 218-722-8221
  • Property Sub-Type: SF/Detached
  • Tax Year: 2014
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Hardwood Floors, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Walk-In Closet
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Bathroom 4 Level: u
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 5400
  • Below Grade Finished Sq Ft: 1000
  • Garage Type: Attached
  • Heat: Dual Fuel/Off Peak, Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Room 10: Laundry Room
  • Room 11: Den/Office
  • Room 12: Den/Office
  • Bedroom 3: Kitchen
  • TotalBedrooms: 5
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel11: Main
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Colonial/Tudor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Egress Windows, Partially Finished
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: m
  • Level 2 Three Quarter Bathrooms: u
  • Bathroom 3 Level: m
  • Bathroom Description: Whirlpool
  • Formal Dining: Breakfast Bar, Combine with Kitchen, Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Foyer
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Media Room
  • Room 9: Den/Office
  • Total Bathrooms: 4
  • Total Fin Square Footage: 6400
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Cement Board, Concrete Block

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 350

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 5.58
  • Cultivated Acreage: LSAR
  • Parcel Number: 25-5220-01070

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 5178.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2014
Closed on
Jun 7, 2016
Sold by
Bregier Jacki R
Bought by
Maxwell Joshua Shane and Maxwell Heidi Elina
Seller's Agent
Larry Peterson
Century 21 Atwood
Buyer's Agent
Rita Hutchens
Hutchens Realty Associates
List Price
$645,500
Sold Price
$645,500
Current Estimated Value
$1,237,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,097
Avg. Annual Appreciation
7.01%
Original Mortgage
$645,500
Interest Rate
3.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 23, 2009
Sold by
Finlay Jack B and Findlay Marie J
Bought by
Findlay Jack B and Findlay Marie J

Purchase Details

Closed on
May 31, 2007
Sold by
Findlay Jack B and Findlay Marie J
Bought by
Beno John J and Beno Jacki R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.21%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Maxwell Joshua Shane $645,500 None Available
Findlay Jack B -- None Available
Beno John J $67,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Maxwell Joshua Shane $645,500
Previous Owner Beno John J $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2016 06/08/16 Sold $645,500 0.0% $101 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
10/07/2014 10/07/14 For Sale $645,500 -- $101 / 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 $6,962 $1,121,400 $109,600 $1,011,800
2024 $5,296 $1,087,400 $98,300 $989,100
2023 $4,682 $1,176,400 $98,300 $1,078,100
2022 $6,709 $965,800 $85,700 $880,100
2021 $7,736 $755,800 $79,900 $675,900
2020 $6,450 $591,300 $58,600 $532,700
2019 $6,455 $591,300 $58,600 $532,700
2018 $5,753 $685,800 $64,200 $621,600
2017 $5,303 $615,400 $60,400 $555,000
2016 $5,398 $591,300 $58,600 $532,700
2015 $5,796 $603,200 $64,100 $539,100
2014 $5,796 $0 $0 $0
2013 $4,792 $0 $0 $0
2012 $3,339 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6013382

APN: 25-5220-01070