NOT LISTED FOR SALE

540 Braemar Ln Two Harbors, MN 55616

Estimated Value: $719,000 - $858,000

3 Beds
2.5 Baths
3,692 Sq Ft
$212/Sq Ft Est. Value

Sale Details

Date Sold: June 15, 2020

Last sale price $498,500 $135 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,560 / mo

220 Days on Market

Highlights

  • Lake View
  • Deck
  • Main Floor Primary Bedroom
  • Heated Floors
  • Recreation Room
  • Corner Lot

About This Home

As of June 2020

Lake Superior Views!!!! Wonderful home with fantastic layout! Very large open floor plan with kitchen island, dining area area and looking out to the deck! Garage is a 2+ car attached with storage. New 30 x 40 9 foot ceiling Pole building constructed in last 2 years. Master suite has two walk in closets and private bath which has a walk in shower and a corner tub. Main floor laundry. Hickory hardwood manufactured floors, All interior cedar walls, trim and beams oil sealed, with window seals also polyurethane. Many exterior improvements in the last few years with the raised stone/brick waterfall, addition to deck around towards yard, drain tile, replaced deck posts, improved driveway with more gravel and turn around and thinned some trees and added trails. Warm and Cozy with views from all levels! Family room in the basement is an open slate, framing is happening for bedroom and bathroom, feel free to use your imagination....Flooring it basement was just had epoxy professional installed. * We are not accepting showings at this time.

Last Agent to Sell the Property

Sue Bott

RE/MAX Professionals - Two Harbors Listed on: 10/07/2019

RE/MAX Professionals - Two Harbors

Last Buyer's Agent

Kevin Kalligher

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,546

Year Built

  • Built in 2005

Lot Details

  • 8.7 Acre Lot
  • Property fronts a private road
  • Elevated Lot
  • Corner Lot
  • Many Trees

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Gas Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Loft
  • Workshop
  • Lower Floor Utility Room
  • Laundry Room
  • Heated Floors
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Dual Heating Fuel
  • Private Water Source
  • Private Sewer
  • High Speed Internet

Community Details

  • Association fees include controlled access

Listing and Financial Details

  • Assessor Parcel Number 25-5220-01060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,546

Year Built

Built in 2005

Lot Details

8.7 Acres

HOA Fees

$33 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Expressway, go UP Larsmont road, follow around to the right....continue STRAIGHT down the "private drive" road, Braemer Ln to the house.....
  • InternetOptions: DSL, Fiber Optic
  • L O1 Office Phone1 Number: 218-834-5144
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: Wall
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Other - See Remarks
  • FinFootageAboveGrade: 2434
  • Below Grade Finished Sq Ft: 1258
  • Garage Type: Attached, Detached
  • Heat: Dual Fuel/Off Peak, In Floor, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Other
  • Room 11: Workshop
  • Room 12: Rec Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2005
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Lower
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Basement Features: Egress Windows, Finished, Bath, Bedrooms, Den/Office, Family/Rec Room, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Upper
  • Bathroom 3 Level: Main
  • Bathroom Description: Full Basement, Full Master, 1/2 Main Floor
  • Formal Dining: Breakfast Bar, Formal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Laundry Room
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Den/Office
  • Room 8: Loft
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3692
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 400

Fee Information

  • Association Fee Includes: Controlled Access

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: IRR
  • Estimated Number of Acres: 8.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Tree Coverage - Heavy, High, See Remarks
  • Parcel Number: 25-5220-01060

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA, Other

Tax Info

  • Tax Amount: 3545.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2025
Sold by
Adams Nicholas and Adams Angela
Bought by
Boyer Daniel and Boyer Sandy
Current Estimated Value
$782,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Outstanding Balance
$621,147
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$161,329

Purchase Details

Listed on
Oct 7, 2019
Closed on
Jun 15, 2020
Sold by
Thomas J Stoiber T
Bought by
Adams Nicholas D and Adams Angela M
Seller's Agent
Sue Bott
RE/MAX Professionals - Two Harbors
Buyer's Agent
Kevin Kalligher
RE/MAX Results
List Price
$498,500
Sold Price
$498,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$473,575
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2019
Sold by
Stoiber Thomas
Bought by
Thomas J Stoiber T

Purchase Details

Closed on
Sep 23, 2009
Sold by
Finlay Jack B and Findlay Marie J
Bought by
Findlay Jack B and Findlay Marie J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Boyer Daniel $775,000 --
Adams Nicholas D $498,500 None Available
Thomas J Stoiber T -- --
Findlay Jack B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Daniel $625,000
Previous Owner Adams Nicholas D $473,575
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2020 06/15/20 Sold $498,500 0.0% $135 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
10/07/2019 10/07/19 For Sale $498,500 +58.3% $135 / Sq Ft
11/30/2016 11/30/16 Sold $315,000 0.0% $110 / Sq Ft View Prior Sale
11/04/2016 11/04/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $315,000 -- $110 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2025 $4,888 $846,300 $172,700 $673,600
2024 $3,692 $811,400 $153,100 $658,300
2023 $3,242 $863,000 $153,100 $709,900
2022 $4,191 $711,200 $131,400 $579,800
2021 $4,191 $565,400 $121,400 $444,000
2020 $3,548 $340,200 $64,700 $275,500
2019 $3,546 $340,200 $64,700 $275,500
2018 $2,997 $413,700 $71,300 $342,400
2017 $2,767 $353,600 $66,800 $286,800
2016 $2,724 $340,200 $64,700 $275,500
2015 $2,911 $338,200 $71,200 $267,000
2014 $2,911 $0 $0 $0
2013 $2,389 $0 $0 $0
2012 $2,422 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sue Bott

    Seller's Agent in 2020

    Sue Bott

    RE/MAX

    (218) 590-4013

    243 Total Sales

    Sue Bott
    Section Image
  • Kevin Kalligher

    Buyer's Agent in 2020

    Kevin Kalligher

    RE/MAX

    (218) 606-0198

    271 Total Sales

    Kevin Kalligher
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6086804

APN: 25-5220-01060

Minnesota Lake County Two Harbors 55616

540 Braemar Ln, Two Harbors, MN

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Listings courtesy of Lake Superior Area REALTORS® as distributed by MLS GRID

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