NOT LISTED FOR SALE

542 E Bay S Crane Lake, MN 55725

Estimated Value: $413,000 - $485,277

2.9 Acres
$154,420 Price per Acre
126,324 Sq Ft Lot

Last Sold October 20, 2017

Last sale price $120,000

Est. 273% increase in value since last sale

Current estimated payment $2,630/month

About This Lot

As of October 2017

760 feet of shoreline and 2.9 acres on Crane Lake. This wooded parcel near the edge of the Voyageurs National Park has a dock, shed and electric. Wander the paths on the wooded land to find your perfect building site. Maybe you want to face north towards the national park or face the home to the East so you can have your morning coffee and watch the sunrise over the pristine waters. Maybe camp on the land until you build among the towering pines. Crane Lake is a jumping off point to the chain of lakes into the National Park, Canada and the Boundary Waters Canoe Area Wilderness. Many full service marinas and public landings are in Crane Lake so you have a base for your vehicles.

Last Agent to Sell the Property

Deena Congdon

Congdon Properties License #20577765 Listed on: 10/04/2017

Last Buyer's Agent

Deena Congdon

Congdon Properties License #20577765 Listed on: 10/04/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,664

Lot Details

  • 2.9 Acre Lot
  • Lot Dimensions are 530 x 760
  • 760 Feet of Lake Waterfront
  • Lake Front
  • Level Lot
  • Irregular Lot
  • Property is zoned smu-7

Outdoor Features

  • Boat Access Only

Property Details

Property Type

Land

Est. Annual Taxes

$1,664

Lot Details

2.9 Acres

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 03/08/2016
  • Real Estate Tax: 1664.00
  • Type: Waterfront
  • Dnr Lake Id Number: 69061600
  • Lot Size Length: 530
  • Lot Size Width: 760
  • Lake Frontage: 760
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Crane Lake
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity

Lot Info

  • Number Of Acres: 2.9
  • Zoning: smu-7
  • Improvements: Dock
  • Topography: Boat Access Only, Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Oct 11, 2017
Sold by
Ferguson Michael V and Ferguson Judith M
Bought by
Hagen Ed W
Seller's Agent
Deena Congdon
Congdon Properties
Buyer's Agent
Deena Congdon
Congdon Properties
Sold Price
$120,000
Current Estimated Value
$447,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,819
Avg. Annual Appreciation
17.13%
Original Mortgage
$96,000
Outstanding Balance
$22,202
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$425,617

Purchase Details

Closed on
Dec 8, 2008
Sold by
Ferguson Michael V and Ferguson Judith M
Bought by
Nelson Curtis J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hagen Ed W $120,000 First American Title Insuran
Nelson Curtis J $250,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hagen Ed W $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2017 10/20/17 Sold $120,000 -- --
10/04/2017 10/04/17 Pending -- -- --
Source: Range Association of 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
2024 $3,872 $341,900 $225,700 $116,200
2023 $3,872 $293,000 $216,000 $77,000
2022 $2,710 $273,900 $216,000 $57,900
2021 $2,056 $193,200 $181,900 $11,300
2020 $2,058 $143,900 $142,300 $1,600
2019 $1,822 $139,900 $138,300 $1,600
2018 $1,846 $128,000 $126,500 $1,500
2017 $1,814 $128,000 $126,500 $1,500
2016 $1,664 $128,000 $126,500 $1,500
2015 -- $118,700 $117,800 $900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 128774

Range Association of REALTORS®

APN: 308003001606

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