NOT LISTED FOR SALE

5291 Cedar Dr Gilbert, MN 55741

Estimated Value: $734,000 - $1,051,505

4 Beds
5.5 Baths
6,277 Sq Ft
$143/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $698,500 $111 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,671/month

414 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • Spa
  • Docks
  • Greenhouse
  • Sauna

About This Home

As of April 2022

Private Estate Constructed By Master Builder On Cedar Island Lake! Convenient Location W/Nearby Amenities! Secluded In Towering Pines On Lake & River, Just 3 mi to town/7 to Giants Ridge Golf & Ski Resort, 29 to commuter airport. 20 acres & 437 ft lakeshore. Built 2004, 6,277 SF, 4BR/5 BTH stone & cedar home, att 2 st gar w/in flr heat & 1BR/1BTH guest qrts above. Two story timber frame trussed great rm w/Loewen windows, cherry wood flr, Rumford wd burning FP. Wolf/SubZero/Verde Labrador granite kit w/island open to great rm, dining & expansive deck, all lakeside. Lakeside King ste w/private deck, walk in closet & marble bth. Main flr laundry. 2 spacious main flr BRs & BTHs. Downstairs, huge rec rm, sauna, workshop (could be wine cellar), glass doors to lakeside deck. Top quality throughout. Greenhouse. Permanent dock. Compliant septic. Access Broadband fiber internet. (Adj 2 cabins on lake/river/23 acres also for sale) Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc. Listed on: 01/21/2021

Last Buyer's Agent

Dan Janisch

Janisch Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,606

Year Built

  • Built in 2004

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 1008 x 1403
  • Private Waterfront
  • 437 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Additional Land

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Insulated Concrete Forms
  • Asphalt Shingled Roof
  • Wood Siding
  • Stone Exterior Construction
  • Stone

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Den
  • Library
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Sauna
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Apartment
  • Heated Garage
  • Insulated Garage
  • Bathroom In Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Beach Access
  • Docks
  • Lake, Pond or Stream
  • Deck
  • Greenhouse
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Hot Water Heating System
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 260-0014-00241

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,606

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Biwabik S. on Vermilion Trail to Fire #.
  • Waterfront Info Lake Chain: Yes
  • L O1 Office Phone1 Number: 218-780-6644
  • Remodeled Addition: No
  • ShorelineCharacteristics: Gravel, Rocky, Sand, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 58
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Sauna, Security System, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Drywalls, Foyer Entry, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Hot Tub, Gutter/Downspout
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Stone
  • FinFootageAboveGrade: 4287
  • Below Grade Finished Sq Ft: 1990
  • Garage Type: Attached
  • Heat: Dual Fuel/Off Peak, Fireplace, Forced Air, In Floor, Hot Water, Wood, Propane, Electric
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Rec Room
  • Room 11: Laundry Room
  • Room 12: Den/Office
  • Bedroom 3: Family Room
  • TotalBedrooms: 4
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Main
  • RoomLevel12: Upper
  • RoomLevel3: Lower
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 3
  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Basement Features: Finished, Walkout, Bath, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Poured Concrete, Insulated Form
  • Basement Style: Full, Slab
  • Bathroom Description: 3/4 Basement, Full Master, 3/4 Main Floor, Full Main Floor, Private Master, Separate Tub & Shower, 3/4 Upper, Full Upper
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Library, Spa/Sauna
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Workshop
  • Total Bathrooms: 5
  • Total Fin Square Footage: 6277
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Greenhouse, Hot Tub
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 437
  • Waterfront Name: Cedar Island
  • Construction Status: Previously Owned
  • Exterior: Stone, Wood
  • Window Features:Insulated Windows: See Remarks

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt, Driveway - Gravel
  • Garage Features: Apartment, Bathroom, Bedroom, Heat, Insulation
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 32 x 30

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Estimated Lot Dimensions: 1008 x 1403
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Additional Land Available, Rolling
  • Parcel Number: 260-0014-00241
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 11606

Matterport 3D Tour

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $698,500 0.0% $111 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
01/21/2021 01/21/21 For Sale $698,500 -- $111 / 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
2024 $11,692 $911,200 $185,100 $726,100
2023 $11,692 $840,100 $176,600 $663,500
2022 $11,594 $782,700 $176,600 $606,100
2021 $84 $782,500 $176,400 $606,100
2020 $84 $7,000 $7,000 $0
2019 $84 $6,700 $6,700 $0
2018 $116 $6,700 $6,700 $0
2017 $7,598 $23,000 $23,000 $0
2016 $7,402 $527,900 $23,000 $504,900
2015 $8,403 $532,600 $27,700 $504,900
2014 $8,403 $586,100 $27,700 $558,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094674

APN: 260001400241