NOT LISTED FOR SALE

54962 Owen Lake Point Trail Bigfork, MN 56628

Estimated Value: $595,000 - $699,000

5 Beds
3.5 Baths
3,103 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $639,000 $206 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,970/month

31 Days on Market

Highlights

  • 1,782 Feet of Waterfront
  • 1 Fireplace
  • Den
  • Loft
  • No HOA
  • 4 Car Attached Garage

About This Home

As of August 2023

Panoramic views from sunrise to sunset. This home is privately tucked in the woods while being surrounded by lakefront located on a peninsula. The porch faces west and wraps around to the front deck facing South. Land & Lake with two parcels totalling 4 acres of land. 1782 feet of shoreline. Warm log interior features an open floor plan with a loft overlooking the great room. It has a highly functioning floor plan, main floor laundry and primary bedroom suite on the main floor. Upper level bath has a bedroom, den and bathroom with a charming claw foot tub. Lower level has a family room, three bedroom and a bath. Second staircase to enter the lower level from the attached garage. There is an attached garage and a Morton building that is finished inside with in floor heat. It is easy to drive to this point from Co rd 52 to Owen Pt Dr to Owen Pt Trail. Family estate sold as is. Many have said that this is the best lot on the lake!

Last Agent to Sell the Property

Pamela Gilhousen

COLDWELL BANKER NORTHWOODS Listed on: 06/07/2023

COLDWELL BANKER NORTHWOODS

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,840

Year Built

  • Built in 2005

Lot Details

  • 4.12 Acre Lot
  • 1,782 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Attached Garage
  • Heated Garage

Home Design

  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Den
  • Loft
  • Utility Room
  • Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Utilities

  • Boiler Heating System
  • 200+ Amp Service
  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 560222210

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,840

Year Built

Built in 2005

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Submersible - 4 Inch, Drilled, Private
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1865
  • Water Body Name: Owen
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 47x27
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Block
  • Living Area: 3103
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1238
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Walk In Closet, Bedroom 2, Den, Loft, Family Room, Bedroom 3, Bedroom 4, Bedroom 5, Utility Room, Laundry, Garage

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Asphalt
  • View: East, Lake, South, West
  • Other Structures: Additional Garage
  • ConstructionMaterialsDesc: Timber/Post & Beam
  • PatioPorchType: Deck,Porch,Wrap Around
  • Lake Acres: 267
  • Lake Bottom: Hard,Sand
  • LakeChain: N
  • Waterfront Frontage: 1782

Garage/Parking

  • Parking Features: Attached Garage, Detached, Gravel, Concrete, Heated Garage
  • Carport Spaces: 4
  • Garage Square Feet: 832

Utilities

  • Heating: Boiler, Radiant Floor
  • Sewer: Private Sewer
  • Electric: 200+ Amp Service
  • Fuel: Electric,Propane
  • Power Company: Northern Itasca Electric

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Grand Rapids
  • SchoolDistrictNumber: 318
  • SchoolDistrictPhone: 218-327-5704

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: Irregular
  • Lot Size Sq Ft: 179467.2
  • Land Lease: No
  • Lot Features: Island/Peninsula
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 560222210
  • Tax Annual Amount: 5840
  • TaxWithAssessments: 5840.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2024
Sold by
Tom And Carol Schultz Family Trust and Schultz Thomas W
Bought by
Tom And Carol Schultz Family Trust and Schultz
Current Estimated Value
$654,050

Purchase Details

Closed on
Jun 17, 2016
Sold by
Squires Loren M
Bought by
Squires Loren M and Squires Linda M

Purchase Details

Closed on
May 6, 2011
Sold by
Usherwood Terry J and Usherwood Angela M
Bought by
Squires Loren M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
4.88%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tom And Carol Schultz Family Trust $500 First American Title
Jones Donald E $500 First American Title
Squires Loren M -- First American Title Company
Squires Loren M $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Squires Loren M $637,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2023 08/11/23 Sold $639,000 0.0% $206 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $639,000 -2.7% $206 / Sq Ft
06/26/2023 06/26/23 Price Changed $657,000 -3.4% $212 / Sq Ft
06/09/2023 06/09/23 For Sale $680,000 -- $219 / Sq Ft
Source: NorthstarMLS

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 $6,028 $582,000 $161,800 $420,200
2023 $6,028 $582,800 $162,600 $420,200
2022 $4,692 $580,900 $160,700 $420,200
2021 $4,702 $393,800 $159,600 $234,200
2020 $4,988 $393,800 $159,600 $234,200
2019 $5,096 $393,800 $159,600 $234,200
2018 $5,012 $409,700 $158,800 $250,900
2017 $4,902 $0 $0 $0
2016 $6,124 $0 $0 $0
2015 $5,958 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6383669

NorthstarMLS

APN: 56-022-2210