NOT LISTED FOR SALE

5188 North Rd Hovland, MN 55606

Estimated Value: $222,000 - $288,000

1 Bed
1 Bath
1,120 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $225,000 $201 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,423/month

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Den
  • Living Room

About This Home

As of January 2024

Hovland, what a groovy little town on the edge of the biggest lake around and less than 20 minutes from the Grand Marais harbor! The Arrowhead Trail is the Gateway to sprawling forests, lakes, trails and solitude. Affordability alert! Can’t find a home in Cook County to fit your budget? Here you go! Come have a look at this sweet abode on 2.4 acres. Right at the corner of the Arrowhead Tr and the North Rd, it is conveniently located and just a hop skip to natural wonders, community or heck, head on up to Canada – it’s not far. Just a stroll down the North Rd is the singing Flute Reed River. Walking also works to the townhall, church and store! Yet, with your own acreage and forest, feels like Northwoods living! Former owner has a little food-patch garden ready for your vision. There’s a terrific half garage half workshop awaiting instructions. Will it be a fly tying station, dress the deer, yank the tranny, meditation, or just a place for all the extra tools and junk of this life? There’s a place for a woodstove out there: hot yoga, he/she cave? Inside, the home is a cozy retreat as would be expected from one of the good ones from back in the day. They picked the best spots and built them to last! Spacious kitchen looks out to the gardens. Living room is just the right size and overlooks the ancient lilac that scents the yard and home via summer windows. Full bath for scrubbing up after chores. Currently one bedroom, but the upper office, with the addition of a new egress window, could house the kids, visiting family, or all the guests who want a piece of the action up in the Tip of the Arrowhead! Down below is an unfinished basement area with laundry and a wood burning furnace that supplements the main system – nice on the pocketbook. Fiber optic purrs along at the wall, so feel free to bring the job with you, or just veg out to movies and surfing the web. Mature lot means mature trees: some big ol’ red pines are steady-on into the future with you. Lots of elbow room here to layout a bags arena, more garden, or firepit area for: S’mores, tellin’ tales, a bit of cowboy tv… figurin’ stuff out at your pace. Head North to Grand Portage to take in some history at the National Monument, grab a bite at the Lodge, try your luck at the casino! Though, just holing-up jives with the Hovland vibe. Come and make this property fit your vision.

Last Listed By

John Oberholtzer

TimberWolff Realty LLC Listed on: 11/01/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $698

Year Built

  • Built in 1947

Lot Details

  • 2.4 Acre Lot
  • Lot Dimensions are 300x370
  • Property fronts a county road
  • Landscaped with Trees

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,120 Sq Ft Home
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Utility Room

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Fuel Tank
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56-220-1236

Home Details

Home Type

Single Family

Est. Annual Taxes

$698

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Hovland, left on Arrowhead Tr, right on North Rd to 5188.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-663-8777
  • List Price/ Sq Ft: 200.89
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 4E
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1120
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 1
  • Year Built: 1947
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Poured Concrete
  • Basement Style: Crawl Space, Partial
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Entry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Entry
  • Room 7: Den/Office
  • Room 8: Laundry Room
  • Room 9: Utility Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1120
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 1

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Mound, Private
  • Water: Drilled, Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2023-11-01
  • Estimated Lot Dimensions: 300x370
  • Estimated Number of Acres: 2.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 56-220-1236

Tax Info

  • Tax Amount: 698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2023
Closed on
Jan 10, 2024
Sold by
The Estate Of Shawn Casey Perich
Bought by
Laboda Enterprises Llc
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
John Oberholtzer
TimberWolff Realty LLC
List Price
$225,000
Sold Price
$225,000
Total Days on Market
7
Current Estimated Value
$254,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,062
Original Mortgage
$220,000
Outstanding Balance
$218,589
Interest Rate
7.22%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Laboda Enterprises Llc $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laboda Enterprises Llc $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $225,000 0.0% $201 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $225,000 -- $201 / 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
2023 $7 $150,022 $43,836 $106,186
2022 $724 $143,482 $43,443 $100,039
2021 $742 $111,436 $37,254 $74,182
2020 $816 $113,725 $37,443 $76,282
2019 -- $120,483 $58,368 $62,115
2018 -- $145,200 $70,100 $75,100
2017 -- $118,739 $55,594 $63,145
2016 $366 $95,200 $41,100 $54,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111287

APN: 56-220-1236