NOT LISTED FOR SALE

5848 Residence Club Ln Biwabik, MN 55705

Estimated Value: $407,000 - $517,000

4 Beds
4.5 Baths
3,330 Sq Ft
$140/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $355,000 $107 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,028/month

155 Days on Market

Highlights

  • Lake Front
  • Second Kitchen
  • Sauna
  • On Golf Course
  • Spa
  • Panoramic View

About This Home

As of October 2020

Custom built, luxury, maintenance free, main level-living home. Located only steps away from the Giants Ridge four season recreation area with ski hill, Nordic skiing and top rated golf courses. Trails for hiking, biking, ATV and snowmobiling are at your doorstep to explore this scenic north woods area. Shared access on Wynne and Sabin Lakes and a short drive from Lake Vermilion and many other nearby lakes. The list of features is extensive: Gourmet kitchen, hardwood floors, open floor plan with panoramic views, bedroom suites with spa quality bathrooms, Walkout lower level, floor to ceiling stone gas fireplaces, wet bar and multi-person sauna are just a few of the quality amenities in this home.

Last Agent to Sell the Property

Raymond Ingebretsen

RE/MAX Lake Country Listed on: 04/23/2020

RE/MAX Lake Country

Last Buyer's Agent

Tricia Kroening

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2010

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 60x193
  • Lake Front
  • On Golf Course
  • Street terminates at a dead end
  • Landscaped
  • Level Lot
  • Few Trees

HOA Fees

  • $4 Monthly HOA Fees

Property Views

  • Panoramic
  • Valley

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Aluminum Siding
  • Stone Exterior Construction

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Mud Room
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Den
  • Lower Floor Utility Room
  • Utility Room
  • Sauna
  • Heated Floors
  • Home Security System

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Sump Pump
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Boiler Heating System
  • Underground Utilities
  • Gas Water Heater
  • Phone Available

Community Details

  • Property is near a preserve or public land
  • Property is near a ravine

Listing and Financial Details

  • Assessor Parcel Number 015-0061-00180

Home Details

Home Type

Single Family

Year Built

Built in 2010

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Continue north on Giants Ridge Rd/Co Rd 138 past chalet. Take a right(east) on woodland Ct/ Residence Club Lane, veer right(south). Property on right(south) side of road.
  • L O1 Office Phone1 Number: 218-757-3233
  • List Price/ Sq Ft: 106.61
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 59
  • View Type:Pond View: Valley, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Sauna, Security System, Vaulted Ceilings, Drywalls, Foyer Entry, Patio Door, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1665
  • Below Grade Finished Sq Ft: 1665
  • Garage Type: Attached
  • Heat: Boiler, Fireplace, Forced Air, In Floor, Hot Water
  • Fireplaces: 2
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Den/Office
  • Room 11: 2nd Kitchen
  • Room 12: Laundry Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 2010
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Lower
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Den/Office, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Poured Concrete, Stone
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Basement, Full Master, 3/4 Main Floor, Full Main Floor, Private Master, Separate Tub & Shower, 1/4 Basement
  • Formal Dining: Combine with Kitchen, Combine with Living Room, Eat-In Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, Mud Room, Spa/Sauna, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Foyer
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Master Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 5
  • Total Fin Square Footage: 3330
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Gazebo
  • Road Frontage: City, Curb/Gutters, Dead End/No Outlet, Paved
  • Waterfront Access: Association
  • Waterfront Name: Wynne
  • Construction Status: Previously Owned
  • Exterior: Aluminum, Fiber Board, Stone

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 22x24

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 50

Fee Information

  • Association Fee Includes: Other

Schools

  • School District: Mesabi E. #2711
  • Junior High Dist: Mesabi E. #2711

Lot Info

  • Geo Update Timestamp: 2020-04-23
  • Estimated Lot Dimensions: 60x193
  • Estimated Number of Acres: 0.28
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Geo Subdivision: MN
  • Lot Description: Landscaped, On Golf Course, Ravine, Tree Coverage - Light, Telephone, Underground Utilities, Level
  • Parcel Number: 015-0061-00180
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 9610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Oct 16, 2020
Sold by
Lykken William H and Lykken Sara E
Bought by
Riley Lawrence M and Riley Mary Jo
Seller's Agent
Raymond Ingebretsen
RE/MAX Lake Country
Buyer's Agent
Tricia Kroening
RE/MAX Results
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$461,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,336
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Dec 3, 2014
Sold by
Grcl Llc
Bought by
Lykken William H and Lykken Sara E

Purchase Details

Closed on
Feb 12, 2010
Sold by
State Of Minnesota
Bought by
Grcl Llc
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
Riley Lawrence M $355,000 Northeast Title Company
Lykken William H -- None Available
Grcl Llc $63,000 1St Amer Mpls
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $355,000 0.0% $107 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $355,000 -- $107 / 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
2023 $5,984 $378,700 $28,600 $350,100
2022 $9,212 $380,900 $27,700 $353,200
2021 $9,164 $372,600 $27,700 $344,900
2020 $9,610 $412,800 $27,700 $385,100
2019 $9,194 $412,800 $27,700 $385,100
2018 $7,224 $412,800 $27,700 $385,100
2017 $7,280 $353,300 $23,600 $329,700
2016 $6,898 $353,300 $23,600 $329,700
2015 $6,861 $353,300 $23,600 $329,700
2014 $6,861 $353,300 $23,600 $329,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089485

APN: 015006100180