$210,000
SOLD MAY 1, 2023

5390 Nelson Rd Saginaw, MN 55779

8 Acres
$24,764 Price per Acre
369,389 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

3 Days on Market

Highlights

  • Private Waterfront
  • No HOA
  • Limited Views
  • Proctor Senior High School Rated 9+

About This Lot

As of May 2023

f you're looking for a place to build in the Saginaw area or a great spot for a cabin, this is the spot for you! This lot features a garage that has a has a hookup for furnace and a fireplace. This lot is located at the end of Nelson Rd, this land has 260 feet of frontage on Long Lake. This lot offers some great views, lots of wildlife, and plenty of space to enjoy the peace and quiet of nature.

Last Agent to Sell the Property

Benjamin Funke

RE/MAX Results Listed on: 03/04/2023

RE/MAX Results

Last Buyer's Agent

Tommy Archer

Coldwell Banker Realty - Duluth

Coldwell Banker Realty - Duluth

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 8.48 Acre Lot
  • Private Waterfront
  • 260 Feet of Waterfront
  • Lake Front

Property Views

  • Limited Views

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Nelson Rd
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 24764.15
  • RdBtwnWtrfrnt: No
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2023
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 260
  • Waterfront Name: Long

Utilities

  • On Site Utilities: Private Septic, Private Well

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2023-03-04
  • Estimated Lot Dimensions: Irreg
  • Estimated Number of Acres: 8.48
  • Cultivated Acreage: LSAR
  • Builder Restrictions: Limited
  • Geo Subdivision: MN
  • Land Improvements: No
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 864

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Mylottis Properties Llc
Bought by
Nyen Luke A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Outstanding Balance
$285,800
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$96,139

Purchase Details

Listed on
Mar 4, 2023
Closed on
Mar 30, 2023
Sold by
Giles Marie and Giles Martin
Bought by
Mylottis Properties Llc
Seller's Agent
Benjamin Funke
RE/MAX Results
Buyer's Agent
Tommy Archer
Coldwell Banker Realty - Duluth
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.47%
Original Mortgage
$120,000
Interest Rate
6.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 The Title Team
Warranty Deed $210,000 The Title Team
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $290,400 New Conventional
Previous Owner $120,000 Construction
Previous Owner $95,000 New Conventional
Previous Owner $90,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2025 07/23/25 Price Changed $425,000 0.0% $322 / Sq Ft
07/22/2025 07/22/25 For Sale $425,000 -4.5% $322 / Sq Ft
07/22/2025 07/22/25 For Sale $445,000 +111.9% $337 / Sq Ft
05/01/2023 05/01/23 Sold $210,000 0.0% $134 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/04/2023 03/04/23 For Sale $210,000 -- $134 / 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 $1,794 $104,300 $87,500 $16,800
2022 $740 $99,700 $84,500 $15,200
2021 $708 $82,700 $69,900 $12,800
2020 $718 $80,200 $67,900 $12,300
2019 $704 $80,200 $67,900 $12,300
2018 $968 $80,800 $67,900 $12,900
2017 $936 $98,000 $86,900 $11,100
2016 $920 $98,000 $86,900 $11,100
2015 $845 $69,600 $61,700 $7,900
2014 $845 $69,600 $61,700 $7,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6107077

APN: 380001003260