$385,000

5492 Road 37 Aurora, MN 55705

Estimated payment $2,334/month

Total Views 9,479
2 Beds
2 Baths
1,771 Sq Ft
$217 Price per Sq Ft

Highlights

  • 187 Feet of Waterfront
  • 1 Fireplace
  • Home Office
  • Loft
  • No HOA
  • Living Room

About This Home

Nestled on the idyllic shores of Loon Lake, lovingly maintained by its original owners, this 2-bedroom, 2 bath home is full of charm, history, and potential. With 1,603 sq ft of cozy living space, you’ll find a spacious living room perfect for gatherings, complete with a warm propane fireplace. A bright loft offers flexible space for extra sleeping, an office, or simply relax. The expansive wrap-around deck provides the perfect vantage point for outdoor entertainment or relaxing. Multiple garages, a potting shed, and lean-to ensure all your storage and workspace needs are met. Outstanding fishing right in your own backyard. Catch walleye, northern, panfish and more. Located conveniently between Virginia and Duluth, this home offers easy access to local amenities while maintaining the peace and privacy of lakeside living. Loon Lake spans 271 acres and reaches depths of 85 feet, filled with crappie, sunfish, bass, and walleye.

Listing Agent

Andrea Zupancich

Z'Up North Realty, Inc. Listed on: 03/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1979

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 352x309
  • 187 Feet of Waterfront
  • Lake Front

Parking

  • 6 Car Garage

Home Design

  • Architectural Shingle Roof

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Home Office
  • Loft

Bedrooms and Bathrooms

  • 2 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Natural lighting in basement

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Propane
  • The lake is a source of water for the property

Community Details

  • No Home Owners Association
  • Loon Lake Meadow Town Of White Subdivision

Listing and Financial Details

  • Assessor Parcel Number 570008500010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 1979

Lot Details

0

Parking

6

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Wall Unit(s)
  • Garage Spaces: 6
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Lake Water
  • Year Built: 1979
  • Above Grade Finished Sq Ft: 1603
  • Water Body Name: Loon Lake (White Twp.)
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 22x14 22x16
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Partially Finished, Walkout
  • Fireplace Features: Gas
  • Living Area: 1771
  • Below Grade Finished Sq Ft: 168
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Family Room, Office, Bedroom 1, Loft

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Architectural Shingle
  • View: Lake
  • Other Structures: Storage Shed
  • Lake Acres: 271
  • LakeChain: N
  • Waterfront Frontage: 187

Garage/Parking

  • Parking Features: Detached, Gravel
  • Garage Square Feet: 1200

Utilities

  • Heating: Hot Water
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Mesabi East
  • SchoolDistrictNumber: 2711
  • SchoolDistrictPhone: 218-229-3321

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 352x309
  • Lot Size Sq Ft: 32800.68
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Yes
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 570008500010
  • Tax Annual Amount: 2440
  • TaxWithAssessments: 2560.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,288 $235,900 $101,500 $134,400
2022 $2,098 $211,200 $91,000 $120,200
2021 $1,942 $170,300 $74,100 $96,200
2020 $1,888 $159,900 $68,100 $91,800
2019 $1,858 $157,200 $65,400 $91,800
2018 $1,920 $157,200 $65,400 $91,800
2017 $1,856 $161,900 $75,800 $86,100
2016 $1,842 $161,900 $75,800 $86,100
2015 $1,793 $140,200 $65,600 $74,600
2014 $1,793 $140,200 $65,600 $74,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2025 07/20/25 Price Changed $385,000 -1.3% $158 / Sq Ft
03/09/2025 03/09/25 For Sale $390,000 -- $160 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6682486

NorthstarMLS

APN: 570008500010