NOT LISTED FOR SALE

5950 Elde Rd Cotton, MN 55724

Estimated Value: $379,576 - $433,000

2 Beds
1 Bath
1,008 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $265,000 $263 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,258/month

34 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Vaulted Ceiling
  • Multiple Garages
  • Deck
  • Ranch Style House

About This Home

As of August 2019

Beautiful location between Duluth and the Range Cities on Private Long Lake. If a lake home is what you are after, this is one you don't want to miss. Picturesque setting of the driveway, Large Metal pole building, a 36x36 detached garage, and home with full deck overlooking the lake. The Pole building offers 220 electrical, concrete slab, a 12ft+/- over heard door for all the toys you bring with. No need to pay storage costs. The detach garage fits trucks, its insulated and heated. Has 220 electrical, extra storage and work spaces and a lock room off the back for your hobbies. The privy is clean and has a large swim storage area for the water toys. The park like yard has beautiful maple and flowering trees around the house. The home has two nice size bedrooms with nice size closets, custom built in desk and cabinet in one, a great laundry room with storage cabinets, folding space, electric water heater, Central vac, 220 electrical, built in ironing board and washer & Dryer. Plenty of space in the bathroom with custom build linen cabinets. Large sliding glass doors in the dining and living rooms. The living room offers a beautifully designed wood fireplace, tongue and groove vaulted ceilings, in the kitchen and dining room too! Custom made cabinets in the Kitchen with a large pantry and nice countertop space for buffets or a breakfast bar. The dining is right off the kitchen and an 8 ft slider to the full length deck to for grilling and sitting enjoying you lake views. The home sits on a crawlspace that has insulation on the ground and heated. There is a Van E system for ventilation which would make putting A/C in a "breeze". Long lake is a private lake but no worries for you in launching your boats and pontoon. There is a concrete launch to the lake with landscape stairway and retaining wall sitting area at the lake. The water is clear enough to see the bottom, which seller says is hard and has some rock for swimming. Lake is stocked with walleye and great fishing for everyone. Close to plenty of State trails and outdoor fun. Make an appointment today!

Last Agent to Sell the Property

Belinda Sternberg

Century 21 Atwood Listed on: 06/09/2019

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 1986

Lot Details

  • 1.4 Acre Lot
  • Lot Dimensions are 153x40x660
  • Private Waterfront
  • 153 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Crawl Space
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Pole Barn
  • Rain Gutters

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Water Filtration System
  • Private Water Source
  • Drilled Well
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 305004700020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Hwy 53 to right on Three lakes Rd, follow detour signs and turn right on Elde Rd off of 15. This is a temporary detour until the bridge is fixed on 52 off of Hwy 53.
  • Waterfront Info Lake Maximum Depth: 51
  • L O1 Office Phone1 Number: 218-722-8221
  • ShorelineCharacteristics: Hard, Rocky, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Vaulted Ceilings, Drywalls, Washer Hook-Ups
  • Amenities Exterior: Deck, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1008
  • Garage Type: Detached, Multiple
  • Heat: Baseboard, Wood, Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1986
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom 1 Level: main
  • Formal Dining: Breakfast Bar, Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Laundry Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1008
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 199
  • Out Buildings: Pole Building
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 153
  • Waterfront Name: Long
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Aluminum, Energy Windows, Screens, Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 36x36

Utilities

  • Power Company: Lake Country Power
  • Sewer: Mound
  • Water: Private, Drilled

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 153x40x660
  • Estimated Number of Acres: 1.4
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: High, Level
  • Parcel Number: 305004700020
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2822

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Aug 30, 2019
Sold by
Pontliana Michael John and Pontliana Joan Gail
Bought by
Valentine James M and Valentine Cathy R
Seller's Agent
Belinda Sternberg
Century 21 Atwood
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$398,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,644
Avg. Annual Appreciation
6.72%
Original Mortgage
$251,750
Outstanding Balance
$218,964
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$179,680
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valentine James M $265,000 All American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valentine James M $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2019 08/30/19 Sold $265,000 0.0% $263 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/09/2019 06/09/19 For Sale $265,000 -- $263 / 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 $2,032 $276,600 $64,200 $212,400
2023 $2,032 $251,000 $61,400 $189,600
2022 $2,496 $270,100 $103,600 $166,500
2021 $2,524 $242,500 $94,500 $148,000
2020 $2,370 $242,500 $94,500 $148,000
2019 $2,882 $227,000 $94,500 $132,500
2018 $2,838 $227,000 $94,500 $132,500
2017 $2,818 $228,000 $95,300 $132,700
2016 $2,838 $228,000 $95,300 $132,700
2015 $3,372 $228,000 $95,300 $132,700
2014 $3,372 $275,900 $91,500 $184,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083705

APN: 305004700020