NOT LISTED FOR SALE

5155 Chesapeake Ct Mountain Iron, MN 55768

Estimated Value: $78,000 - $275,000

2.9 Acres
$45,817 Price per Acre
126,324 Sq Ft Lot

Last Sold December 28, 2023

Last sale price $69,900

Est. 90% increase in value since last sale

Current estimated payment $746/month

8 Days on Market

About This Lot

As of December 2023

Beautiful lakefront property with nearly 3 acres of land and 260 feet of lakeshore on Mashkenode Lake -- in a fantastic rural setting and extremely convenient location only 2 miles from Highway 169 in Mt Iron! Great recreation property with nice parking areas and camping spot ready to enjoy -- or build your perfect forever home. New driveway, trails and cleared areas down to the lake. New electricity ran to the current camp site. Don't miss out on this rare property!

Last Agent to Sell the Property

Matt Rengstorf

Perrella & Associates License #40752619 Listed on: 10/27/2023

Last Buyer's Agent

Robert Valentini

Perrella & Associates License #20280177

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $616

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 550 x 225
  • 260 Feet of Lake Waterfront
  • Lake Front
  • Irregular Lot
  • Property is zoned 151

Property Details

Property Type

Land

Est. Annual Taxes

$616

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 10/27/2023
  • Real Estate Tax: 616
  • Type: Waterfront
  • Dnr Lake Id Number: 69072500
  • Lot Size Length: 550
  • Lot Size Width: 225
  • Lake Frontage: 260
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: MASHKENODE
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Schools

  • School District: Mt Iron/Buhl

Lot Info

  • Number Of Acres: 2.9
  • Zoning: 151
  • Improvements: Drive Way
  • Land Description: Nicely wooded land with driveway & trails and cleared areas.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Nov 22, 2023
Sold by
Neyens Bradley and Neyens Angela
Bought by
Craven Aaron and Craven Valerie
Seller's Agent
Matt Rengstorf
Perrella & Associates
Buyer's Agent
Robert Valentini
Perrella & Associates
List Price
$69,900
Sold Price
$69,900
Views
82
Current Estimated Value
$132,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,969
Avg. Annual Appreciation
43.16%

Purchase Details

Closed on
Dec 2, 2020
Sold by
Negen Byron and Negen Jody
Bought by
Neyens Bradley and Neyens Angela

Purchase Details

Closed on
Aug 31, 2016
Sold by
Coppin Robert G and Coppin Debbie A
Bought by
Negen Byron

Purchase Details

Closed on
Dec 15, 2006
Sold by
Kishel Brett M
Bought by
Coppin Robert G and Coppin Debbie A

Purchase Details

Closed on
Feb 14, 2003
Sold by
Taylor Investment Corp
Bought by
Kishel Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,155
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Craven Aaron $69,900 American Title
Neyens Bradley $35,000 All American Title
Negen Byron $37,000 All American Title Company
Coppin Robert G $77,500 Northeast Title Company
Kishel Brett M $67,951 --
Neyens Bradley Bradley $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kishel Brett M $61,155
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2023 12/28/23 Sold $69,900 0.0% --
10/27/2023 10/27/23 For Sale $69,900 -- --
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 $590 $52,700 $52,700 $0
2023 $590 $52,700 $52,700 $0
2022 $626 $52,700 $52,700 $0
2021 $624 $47,900 $47,900 $0
2020 $542 $47,900 $47,900 $0
2019 $548 $40,700 $40,700 $0
2018 $534 $40,700 $40,700 $0
2017 $548 $40,600 $40,600 $0
2016 $512 $40,600 $40,600 $0
2015 $973 $70,600 $70,600 $0
2014 $973 $70,600 $70,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Rengstorf

    Seller's Agent in 2023

    Matt Rengstorf

    Perrella & Associates

    (218) 295-2240

    16 in this area

    442 Total Sales

    Matt Rengstorf
    Section Image
  • Robert Valentini

    Buyer's Agent in 2023

    Robert Valentini

    Perrella & Associates

    (218) 969-5199

    1 in this area

    59 Total Sales

    Robert Valentini
    Section Image
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Map

Source: Range Association of REALTORS®

MLS Number: 146001

Range Association of REALTORS®

APN: 175006700210

Minnesota St Louis County Mountain Iron 55768

5155 Chesapeake Ct, Mountain Iron, MN

This home is located at 5155 Chesapeake Ct, Mountain Iron, MN 55768 since 27 October 2023 and is currently estimated at $132,869. 5155 Chesapeake Ct is a home located in St. Louis County with nearby schools including Merritt Elementary School and Mountain Iron-Buhl Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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