NOT LISTED FOR SALE

55497 Owen Lake Rd Bigfork, MN 56628

Estimated Value: $401,000 - $572,100

3 Beds
2 Baths
2,270 Sq Ft
$227/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $475,000 $209 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,207/month

Highlights

  • 300 Feet of Waterfront
  • No HOA
  • Forced Air Heating and Cooling System
  • Family Room with Fireplace

About This Home

As of January 2023

West facing beautiful log home on pristine Owen lake in northern Itasca County. This timber frame interior has an open floor plan with a stone fireplace and large lakeside windows, letting the outdoors in. Towering red pines and maples give you a park-like feeling as you drive into the end of the road picturesque lot. A partially finished basement with room to add another bedroom or expand a family rec room. The 4 stall garage with workshop and 36 x 48 pole building is perfect for all your storage needs. Owen lake is located in the George Washington state forest and boasts excellent swimming and walleye, bass, crappie, northern pike and bluegill fishing and 17' water clarity. Both ATV and snowmobile trails are nearby and easily accessible.

Last Agent to Sell the Property

Greg Anselmo

EDGE OF THE WILDERNESS REALTY Listed on: 09/05/2022

Last Buyer's Agent

Greg Anselmo

EDGE OF THE WILDERNESS REALTY Listed on: 09/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,696

Year Built

  • Built in 1990

Lot Details

  • 6.22 Acre Lot
  • Lot Dimensions are 300x900
  • 300 Feet of Waterfront
  • Lake Front

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • 200+ Amp Service
  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 560153205

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,696

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Submersible - 4 Inch, Drilled, Private
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1840
  • Water Body Name: Owen
  • Unit Levels: One and One Half
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 32x46
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Partially Finished, Walkout
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Circulating, Family Room, Living Room, Wood Burning
  • Living Area: 2270
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 430
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: West
  • Other Structures: Pole Building
  • ConstructionMaterialsDesc: Timber/Post & Beam,Log
  • Lake Acres: 267
  • Lake Bottom: Gravel,Hard,Rocky,Sand
  • LakeChain: N
  • Waterfront Frontage: 300

Garage/Parking

  • Parking Features: Detached, Gravel, Garage Door Opener

Utilities

  • Heating: Forced Air, Radiant
  • Sewer: Private Sewer, Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Propane,Wood
  • Power Company: Northern Itasca Electric

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Deck,Dock,Ethernet Wired,Natural Woodwork,Patio,Vaulted Ceiling(s)

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 300x900
  • Lot Size Sq Ft: 270943.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Wooded Area: 6.22
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Log, Wood Siding

Tax Info

  • Tax Year: 2022
  • Assessor Parcel Number: 560153205
  • Tax Annual Amount: 3696
  • TaxWithAssessments: 3693.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2022
Closed on
Jan 5, 2023
Sold by
Argir Partricia
Bought by
Leafblad Joel and Leafblad Andrea
Seller's Agent
Greg Anselmo
EDGE OF THE WILDERNESS REALTY
Buyer's Agent
Greg Anselmo
EDGE OF THE WILDERNESS REALTY
List Price
$529,000
Sold Price
$475,000
Premium/Discount to List
-$54,000
-10.21%
Views
12
Current Estimated Value
$516,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,275
Avg. Annual Appreciation
3.21%
Original Mortgage
$475,000
Outstanding Balance
$460,757
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$55,518
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
Leafblad Joel $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leafblad Joel $475,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $475,000 -10.2% $209 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
09/05/2022 09/05/22 For Sale $529,000 -- $233 / 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 $4,790 $479,600 $138,500 $341,100
2023 $4,790 $479,600 $138,500 $341,100
2022 $4,874 $476,000 $134,900 $341,100
2021 $3,704 $320,600 $135,200 $185,400
2020 $3,932 $320,600 $135,200 $185,400
2019 $4,020 $320,600 $135,200 $185,400
2018 $3,982 $333,300 $134,500 $198,800
2017 $3,894 $0 $0 $0
2016 $4,674 $0 $0 $0
2015 $4,548 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6256983

NorthstarMLS

APN: 56-015-3205