NOT LISTED FOR SALE

6096 Elde Rd Cotton, MN 55724

Estimated Value: $399,000 - $566,000

3 Beds
2.5 Baths
2,324 Sq Ft
$215/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $322,000 $139 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,041/month

44 Days on Market

Highlights

  • Private Waterfront
  • Main Floor Primary Bedroom
  • Log Cabin
  • Multiple Garages
  • No HOA
  • 2 Car Garage

About This Home

As of February 2024

Great location on almost 4 acres with over 200Ft of lake frontage. Large log home with nice views of the lake from almost every room. Maple kitchen with granite countertops and plenty of cabinet space. Attached garage and 2 pole buildings for storage.

Last Agent to Sell the Property

Tim Collelo

Tim Collelo Realty, LLC Listed on: 12/18/2023

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,914

Year Built

  • Built in 2005

Lot Details

  • 3.7 Acre Lot
  • Lot Dimensions are 90x771x231x728
  • Private Waterfront
  • 230 Feet of Waterfront
  • Lake Front

Home Design

  • Log Cabin
  • Slab Foundation
  • Wood Frame Construction
  • Log Siding

Interior Spaces

  • Multi-Level Property
  • Free Standing Fireplace

Bedrooms and Bathrooms

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

Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Garage
  • Multiple Garages
  • Tuck Under Garage

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Mound Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 305-0033-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,914

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Hwy 53 Right Comstock Lake Rd Right on Munger Shaw Left on Elder Rd No address but the mailbox is a fish and there should be a for sale sign.
  • L O1 Office Phone1 Number: 218-878-0583
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: Yes
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Log Home
  • FinFootageAboveGrade: 1448
  • Below Grade Finished Sq Ft: 876
  • Garage Type: Attached, Detached, Multiple, Tuckunder
  • Heat: Boiler, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 3
  • Year Built: 2005
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Bath, Family/Rec Room
  • Basement Material: N/A, Other
  • Basement Style: Full, Slab
  • Bathroom Description: 1/2 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2324

Exterior Features

  • Waterfront Access: Private
  • Water Frontage In Feet: 230
  • Waterfront Name: Long
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 90x771x231x728
  • Estimated Number of Acres: 3.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 305-0033-00010
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2023
Closed on
Feb 22, 2024
Sold by
Reverse Mortgage Funding Llc
Bought by
Chinikaylo Sergey
Seller's Agent
Tim Collelo
Tim Collelo Realty, LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$322,000
Sold Price
$322,000
Current Estimated Value
$500,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,055
Avg. Annual Appreciation
26.86%

Purchase Details

Closed on
May 4, 2022
Sold by
Koller Ronald J
Bought by
Sun West Mortgage Company Inc
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
Chinikaylo Sergey $322,000 None Listed On Document
Sun West Mortgage Company Inc $483,851 Trott Law Pc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $322,000 0.0% $139 / Sq Ft
01/31/2024 01/31/24 Pending -- -- --
12/18/2023 12/18/23 For Sale $322,000 -- $139 / 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 $5,110 $512,300 $79,300 $433,000
2023 $5,110 $462,600 $75,800 $386,800
2022 $5,024 $452,100 $123,700 $328,400
2021 $4,602 $403,500 $111,800 $291,700
2020 $4,530 $403,500 $111,800 $291,700
2019 $4,408 $390,300 $111,800 $278,500
2018 $3,888 $390,300 $111,800 $278,500
2017 $3,858 $343,700 $92,200 $251,500
2016 $3,888 $343,700 $92,200 $251,500
2015 $4,016 $337,400 $90,500 $246,900
2014 $4,016 $353,500 $89,400 $264,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111748

APN: 305003300010