NOT LISTED FOR SALE

5439 Vermilion Trail Gilbert, MN 55741

Estimated Value: $383,537 - $585,000

2 Beds
2 Baths
3,444 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $290,000 $84 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,714/month

137 Days on Market

Highlights

  • Private Waterfront
  • Detached Garage
  • Bungalow
  • 100.48 Acre Lot
  • Living Room
  • Bathroom on Main Level

About This Home

As of July 2020

Lots of land and lots of lakeshore! Total footage=5170 Three parcels for sale, all three under the mortgage home is on one, hunting cabin is one, one is vacant lot. Too much to explain on paper, please call for full details!

Last Agent to Sell the Property

Paula Mackey

Laurentian Realty Listed on: 02/13/2020

Last Buyer's Agent

Jodi Olson

Century 21 Atwood

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,162

Year Built

  • Built in 1908

Lot Details

  • 100.48 Acre Lot
  • Lot Dimensions are 1.11x1.11
  • Private Waterfront
  • 5,170 Feet of Waterfront
  • Lake Front

Parking

  • Detached Garage

Home Design

  • Bungalow
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 260-0012-00550, 260-0012-00530, 260-0014-00220

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,162

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East #135 to Biwabik. Two miles on cty hwy#4 turn right at fire #5439. Go all the way to the end of the road. Look for signs.
  • L O1 Office Phone1 Number: 218-780-2778
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1722
  • Below Grade Finished Sq Ft: 1722
  • Garage Type: Detached
  • Heat: Baseboard, Hot Water
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1908
  • Level 1 Bedroom: Main
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Unfinished
  • Basement Material: Rock
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 3444
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 5170
  • Waterfront Name: Cedar Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Estimated Lot Dimensions: 1.11x1.11
  • Estimated Number of Acres: 100.48
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 260-0012-00550, 260-0012-00530, 260-0014-00220
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1162

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2020
Closed on
Jul 9, 2020
Sold by
Mickelson Deanna M and Mickelson Matthew J
Bought by
Durbin Joseph and Durbin Miranda
Seller's Agent
Paula Mackey
Laurentian Realty
Buyer's Agent
Jodi Olson
Century 21 Atwood
List Price
$290,000
Sold Price
$290,000
Current Estimated Value
$469,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,384
Avg. Annual Appreciation
9.12%
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
Durbin Joseph $290,000 Stewart Title Company
Durbin Joseph $290,000 Stewart Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $290,000 0.0% $84 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $290,000 -- $84 / 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 $3,116 $276,200 $132,200 $144,000
2023 $3,116 $263,000 $126,100 $136,900
2022 $3,120 $263,000 $128,100 $134,900
2021 $2,374 $220,600 $117,500 $103,100
2020 $2,350 $211,200 $117,500 $93,700
2019 $2,324 $205,200 $111,500 $93,700
2018 $2,604 $205,200 $111,500 $93,700
2017 $2,598 $216,000 $142,500 $73,500
2016 $2,528 $216,000 $142,500 $73,500
2015 $2,017 $198,700 $133,800 $64,900
2014 $2,017 $159,200 $84,400 $74,800
Source: Public Records

Agents Affiliated with this Home

  • Paula Mackey

    Seller's Agent in 2020

    Paula Mackey

    Laurentian Realty

    (218) 780-2778

    61 Total Sales

    Paula Mackey
    Section Image
  • Jodi Olson

    Buyer's Agent in 2020

    Jodi Olson

    Century 21 Atwood

    (218) 391-0842

    173 Total Sales

    Jodi Olson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6088288

APN: 260001200550

Minnesota St Louis County Gilbert 55741

5439 Vermilion Trail, Gilbert, MN

Not Listed for Sale

Detached

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