NOT LISTED FOR SALE

5500 Loop 36 Aurora, MN 55705

Estimated Value: $273,000 - $360,496

4 Beds
2 Baths
2,256 Sq Ft
$141/Sq Ft Est. Value

Last Sold November 05, 2018

Last sale price $220,000 $98 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,942/month

226 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Lower Floor Utility Room
  • Enclosed Patio or Porch
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Living Room

About This Home

As of November 2018

4 bedroom, 2 bath home situated on 4.55 acres with 150 feet of lake shore on Loon Lake. 2 main level bedrooms and 2 lower level bedrooms, large living room and dining room, new sliding glass doors that bring you to the renovated deck, newly painted and carpeted throughout, sauna, hot tub room which lets you walk out the lake, lower level family room with built in shelves and fireplace, not to mention the large front yard with a gradual slope to the lake. Currently taking applications for renters.

Last Agent to Sell the Property

Norma Jean Jofs

Next Door Realty Listed on: 02/05/2018

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,234

Year Built

  • Built in 1978

Lot Details

  • 4.55 Acre Lot
  • Lot Dimensions are 490x150
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a county road

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Bi-Level Home
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Outdoor Features

  • Shared Waterfront
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 570-0012-03645

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,234

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 100 south, past Loon Lake Community Center, straight to Loop 36. Sign will be on left.
  • L O1 Office Phone1 Number: 218-827-2288
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1128
  • Below Grade Finished Sq Ft: 1128
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Wood, Propane
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 4
  • Year Built: 1978
  • Level 1 Bedroom: Upper
  • RoomLevel3: Lower
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: lower
  • Bathroom Description: 3/4 Master, Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: Bi-Level Split
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: 4 Season Porch
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2256
  • Exercise Room Level2: Upper

Exterior Features

  • Road Frontage: County
  • Waterfront Access: Public
  • Water Frontage In Feet: 150
  • Waterfront Name: Loon
  • Construction Status: Previously Owned
  • Exterior: Other

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Estimated Lot Dimensions: 490X150
  • Estimated Number of Acres: 4.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline
  • Parcel Number: 570-0012-03645
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Oct 31, 2018
Sold by
Powell Amy R
Bought by
Ayres Michael L and Ayres Nicole M
Seller's Agent
Norma Jean Jofs
Next Door Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$318,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,124
Avg. Annual Appreciation
5.28%
Original Mortgage
$216,015
Outstanding Balance
$190,797
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$127,327
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
Ayres Michael L $220,000 Northeast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayres Michael L $216,015
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2018 11/05/18 Sold $220,000 0.0% $98 / Sq Ft
09/19/2018 09/19/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $220,000 -- $98 / 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 $3,346 $272,900 $104,000 $168,900
2023 $3,346 $259,900 $99,500 $160,400
2022 $3,176 $249,000 $98,500 $150,500
2021 $3,004 $200,000 $79,600 $120,400
2020 $2,952 $187,700 $72,800 $114,900
2019 $2,310 $184,700 $69,800 $114,900
2018 $2,370 $184,700 $69,800 $114,900
2017 $2,294 $189,900 $75,200 $114,700
2016 $2,278 $189,900 $75,200 $114,700
2015 $2,221 $169,800 $67,300 $102,500
2014 $2,221 $169,800 $67,300 $102,500
Source: Public Records

Agents Affiliated with this Home

  • Norma Jean Jofs

    Seller's Agent in 2018

    Norma Jean Jofs

    Next Door Realty

    (218) 780-2860

    404 Total Sales

    Norma Jean Jofs
    Section Image

  • N

    Buyer's Agent in 2018

    Nonmember NONMEMBER

    Nonmember Office

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6033001

APN: 570001203645

Minnesota St Louis County Aurora 55705

5500 Loop 36, Aurora, MN

Not Listed for Sale

Detached

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