$110,000
SOLD JUN 5, 2024

5517 Hwy 61 E Hovland, MN 55606

-- Bed
-- Bath
-- Sq Ft
1.5 Acres

Recently Sold

21% Below List Price

12 Days on Market

Highlights

  • Lake View
  • Landscaped with Trees
  • Wood Siding
  • No HOA
  • 1-Story Property
  • Storage Shed

About This Home

As of June 2024

Want a place to enjoy not just a beautiful view of Lake Superior, but the sound of the waves on the shore too? This 1.5-acre parcel has an old unfinished cabin featuring a sturdy roof, new windows, doors, and electric service. The groundwork is laid for your choice of finish. The lake view is great with the public shoreline less than 200 feet from the cabin's front door. Whether you seek a cozy sanctuary or an adventure hub, this versatile property accommodates both. Park your RV and utilize the cabin as an extension of your living space. There is also a sturdy 12 X 8 storage shed for all your essentials. The parcel's rear boundary meets federal land, ensuring not only added seclusion but also acres of untamed wilderness waiting to be explored. Let the view of Big Bay on Lake Superior be yours to enjoy.

Last Agent to Sell the Property

Aimee Luick

Coldwell Banker North Shore Listed on: 05/01/2024

Last Buyer's Agent

Aimee Luick

Coldwell Banker North Shore Listed on: 05/01/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $382

Year Built

  • Built in 1960

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 200' x 327'
  • Property fronts a highway
  • Landscaped with Trees

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 1-Story Property
  • Vinyl Clad Windows
  • Lake Views

Outdoor Features

  • Storage Shed

Utilities

  • No Heating
  • Water Not Available
  • Not Connected to Sewer
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 56-210-3183

Home Details

Home Type

Single Family

Est. Annual Taxes

$382

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From the stoplight in Grand Marais travel east on highway 61 about 21.5 miles. The property is on the left directly across from Big Bay.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 62
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • Garage Type: None
  • Heat: None
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Other
  • Stories: 1 Story

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Highway, Paved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: None
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2024-05-01
  • Estimated Lot Dimensions: 200' X 327'
  • Estimated Number of Acres: 1.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 56-210-3183

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 18, 2024
Sold by
Buchheit Korene
Bought by
Stucker Paul and Vos Stephanie
Seller's Agent
Aimee Luick
Coldwell Banker North Shore
Buyer's Agent
Aimee Luick
Coldwell Banker North Shore
List Price
$139,900
Sold Price
$110,000
Premium/Discount to List
-$29,900
-21.37%
Total Days on Market
12
Views
12
Current Estimated Value
$113,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,672
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Sep 18, 2019
Sold by
Sundqist John W and Sundqist Mary
Bought by
Wille Geraldine E
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 Type Sale Price Title Company
Deed $110,000 --
Grant Deed $35,000 North Shore Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $110,000 -21.4% --
05/13/2024 05/13/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $139,900 -- --
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
2023 $4 $58,600 $36,000 $22,600
2022 $448 $57,200 $35,300 $21,900
2021 $518 $50,200 $32,300 $17,900
2020 $470 $58,500 $40,500 $18,000
2019 $412 $52,400 $46,700 $5,700
2018 $366 $52,500 $46,700 $5,800
2017 $336 $50,000 $44,000 $6,000
2016 $302 $50,200 $44,000 $6,200
2015 $158 $50,400 $44,000 $6,400
2014 $164 $28,800 $23,000 $5,800
2012 -- $31,800 $26,000 $5,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113421

APN: 56-210-3183