NOT LISTED FOR SALE

5421 E Highway 61 Hovland, MN 55606

Estimated Value: $296,000 - $648,000

2 Beds
1 Bath
2,280 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $325,000 $143 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,622/month

210 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Primary Bedroom
  • 6 Car Detached Garage
  • 2-Story Property
  • No HOA
  • Living Room

About This Home

As of December 2022

Location Location Location!!! This 2 bed 1 bath house sits right on the shore of Lake Superior with amazing views! This home has a great open concept living space, with a hint of cabin character. On the main floor you have the 2 bedrooms, the living space and the laundry. In the lower level you have a family room and 2 bonus rooms. Outside is the 6 stall garage and a guest house that is ready for your finishing touches! Welcome to your peaceful abyss, you cannot get farther away from the city life than this!

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 05/05/2022

Last Buyer's Agent

Tim Collelo

Tim Collelo Realty, LLC Listed on: 05/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,292

Year Built

  • Built in 1994

Lot Details

  • 7.15 Acre Lot
  • Lot Dimensions are 725x735
  • Private Waterfront
  • 930 Feet of Waterfront
  • Lake Front

Parking

  • 6 Car Detached Garage

Home Design

  • 2-Story Property
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56-210-3240

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,292

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Turn left to take the I-35 N ramp. Merge onto I-35 N. Take the MN-61 exit, EXIT 259, toward North Shore. Turn slight right onto London Rd/North Shore Scenic Drive/MN-61. Continue to follow North Shore Scenic Drive/MN-61.
  • L O1 Office Phone1 Number: 218-878-0583
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1140
  • Below Grade Finished Sq Ft: 1140
  • Garage Type: Detached
  • Heat: Forced Air
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 2 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2280

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 930.2
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 6

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 725x735
  • Estimated Number of Acres: 7.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 56-210-3240
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 3292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Dec 30, 2022
Sold by
The Secretary Of Housing And Urban Devel
Bought by
Rivera Rentals Llc
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Tim Collelo
Tim Collelo Realty, LLC
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,000
Avg. Annual Appreciation
10.69%
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
Rivera Rentals Llc $325,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $325,000 0.0% $143 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $325,000 -- $143 / 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 $3,674 $545,000 $212,000 $333,000
2023 $31 $467,400 $184,300 $283,100
2022 $3,292 $455,700 $184,200 $271,500
2021 $3,384 $393,530 $176,223 $217,307
2020 $2,710 $405,495 $191,147 $214,348
2019 $2,852 $333,360 $185,407 $147,953
2018 $2,370 $341,700 $189,100 $152,600
2017 $2,168 $302,949 $153,367 $149,582
2016 $1,762 $304,800 $153,500 $151,300
2015 $1,610 $308,600 $155,400 $153,200
2014 $1,477 $302,000 $113,600 $188,400
2012 -- $321,500 $131,900 $189,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tim Collelo

    Tim Collelo Realty, LLC

    (218) 878-0583

    164 Total Sales

    Tim Collelo
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102609

APN: 56-210-3240

Minnesota Cook County Hovland 55604

5421 E Highway 61, Hovland, MN

Not Listed for Sale

Detached

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