NOT LISTED FOR SALE

5159 Vermilion Trail Gilbert, MN 55741

Estimated Value: $351,548 - $587,000

3 Beds
2 Baths
1,868 Sq Ft
$250/Sq Ft Est. Value

Sale Details

Date Sold: April 5, 2024

Last sale price $517,436 $277 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,779 / mo

228 Days on Market

Highlights

  • 208 Feet of Waterfront
  • No HOA
  • The kitchen features windows
  • Sun or Florida Room
  • Workshop
  • 1-Story Property

About This Home

As of April 2024

Dig Your Toes Into The SAND BEACH Or Relax On The Deck Or Screen Porch As The Sun Sinks Down Across Cedar Island Lake, a 204 acre lake, 20 ft deep, with no public access & offering excellent fishing, just 10 mi to Giants Ridge, 20 to Virginia. Yr rnd 1943 stone beachhouse w/2,218 SF, 3B/2B, 2 stall garage (ready to charge elec vehicle), wd fired cedar sauna, set on gradual 3 acres & 208 ft lakeshore. Livrm w/huge firepl , wood ceiling & lakeside window. Spacious kitch open to living, dining & lakeside sunrm. Main flr: 3 BR/ BA w/spa tub. Downstairs, rec rm, bath, workshop & laundry. Drilled well, cedar dock. Backup emergency generator. Century Link internet. Brand new septic system. Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty, Inc Listed on: 07/08/2023

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,863

Year Built

  • Built in 1943

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 711x208
  • 208 Feet of Waterfront
  • Lake Front
  • Irregular Lot
  • Many Trees
  • Additional Parcels

Parking

  • 2 Car Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Stone Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Workshop
  • Sun or Florida Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Private Water Source
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Vermilion Trail Park Town Of Biwabik Subdivision

Listing and Financial Details

  • Assessor Parcel Number 260006000460

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,863

Year Built

Built in 1943

Lot Details

3 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private
  • Year Built: 1943
  • Above Grade Finished Sq Ft: 1214
  • Water Body Name: Cedar Island
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Fireplace Features: Living Room, Stone, Wood Burning
  • Living Area: 1868
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 654
  • Basement YN: Yes
  • Dining Room Type: Living Room, Family Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Sun Room, Workshop

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Fencing: None
  • View: Lake, Panoramic, River, West
  • Other Structures: Sauna, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Covered,Deck,Porch,Screened
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 208

Garage/Parking

  • Parking Features: Detached, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage, Paved

Utilities

  • Heating: Baseboard, Dual, Fireplace(s), Hot Water
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Oil
  • Power Company: Minnesota Power

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch,Panoramic View,Sauna,Sun Room,Tile Floors,Washer/Dryer Hookup

Schools

  • Junior High Dist: Mesabi East
  • SchoolDistrictPhone: 218-229-3321

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 711x208
  • Lot Size Sq Ft: 130680
  • Land Lease: No
  • Lot Features: Irregular Lot, Many Trees
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 260006000460
  • Tax Annual Amount: 2863
  • TaxWithAssessments: 2948.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Mar 7, 2024
Sold by
Bought by
Seller's Agent
Lisa Janisch
Janisch Realty, Inc
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$524,500
Sold Price
$517,436
Premium/Discount to List
-$7,064
-1.35%
Views
293
Current Estimated Value
$467,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,299
Avg. Annual Appreciation
-4.60%
Original Mortgage
$465,692
Outstanding Balance
$457,008
Interest Rate
7.87%
Mortgage Type
New Conventional
Estimated Equity
$10,129

Purchase Details

Closed on
Aug 18, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$517,436 None Listed On Document
$285,000 Ati Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $465,692
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/05/2024 04/05/24 Sold $517,436 -5.8% $277 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
09/22/2023 09/22/23 Price Changed $549,500 +4.8% $294 / Sq Ft
09/22/2023 09/22/23 For Sale $524,500 0.0% $281 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $524,500 0.0% $281 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $524,500 -- $281 / Sq Ft
Source: NorthstarMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,112 $247,700 $127,200 $120,500
2023 $2,900 $228,300 $121,400 $106,900
2022 $3,404 $232,600 $121,400 $111,200
2021 $3,212 $232,600 $121,400 $111,200
2020 $3,210 $222,400 $121,400 $101,000
2019 $3,220 $216,600 $115,600 $101,000
2018 $3,290 $216,600 $115,600 $101,000
2017 $3,244 $216,600 $114,700 $101,900
2016 $3,164 $216,600 $114,700 $101,900
2015 $3,151 $216,600 $114,700 $101,900
2014 $3,151 $216,600 $114,700 $101,900
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2024

    Lisa Janisch

    Janisch Realty, Inc

    (218) 780-6644

    285 Total Sales

    Lisa Janisch
    Section Image

  • N

    Buyer's Agent in 2024

    NON-RMLS NON-RMLS

    Non-MLS

See All Agents

Map

Source: NorthstarMLS

MLS Number: 6398933

NorthstarMLS

APN: 260006000460

Minnesota St Louis County Gilbert 55741

5159 Vermilion Trail, Gilbert, MN

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.

NorthstarMLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.