NOT LISTED FOR SALE

7001 Olson Rd Two Harbors, MN 55616

Estimated Value: $478,000 - $665,000

2 Beds
0.5 Bath
1,566 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 16, 2018

Last sale price $387,900 $248 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,275/month

8 Days on Market

Highlights

  • Panoramic View
  • 19.8 Acre Lot
  • Vaulted Ceiling
  • Heated Floors
  • Deck
  • Mud Room

About This Home

As of July 2018

Nestled in the woods with a Panoramic Skyline view of Lake Superior and the North Shore is this wonderful log home! So comfortable and inviting, this home is big & bright with south east facing windows! Features include an open floor plan with high ceilings in the kitchen, vaulted ceilings in the living room and master bedroom, & tall ceilings on the walk out lower level! A tiled entry leads you to a hickory kitchen with butcher block breakfast bar, dining area, doors to the balcony, a pantry area AND a main floor laundry! Two main floor bedrooms with an extra main floor craft/den/office with its own balcony! A Jutul wood stove to stoke up in the winter and provide supplemental heat. Updated roof, all brand new (2017) kitchen appliances, and the lower level walk-out has so much potential with room for recreational space, bedrooms, and all plumbed for a bath & has in-floor heat! 2 car garage with loft & electric, and enjoy a compliant septic.

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 05/23/2018

Last Buyer's Agent

Julie Brown

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,118

Year Built

  • Built in 2003

Lot Details

  • 19.8 Acre Lot
  • Lot Dimensions are 664 x 1350

Parking

  • 2 Car Detached Garage

Property Views

  • Lake
  • Panoramic
  • Valley

Home Design

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

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Den
  • Heated Floors

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 0.5 Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Wood
  • Radiant Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 315-0020-00250

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,118

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Hwy 61, turn left on Homestead Rd, take a right onto W. Knife River Rd, then turn left onto Olson Rd.
  • L O1 Office Phone1 Number: 218-728-4436
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Twp Number: 52
  • View Type:Pond View: Lake Superior, Valley, Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Kitchen Center Island, Natural Woodwork, Vaulted Ceilings, Main Floor Laundry
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1566
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, In Floor, Radiant, Wood, Propane
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Laundry Room
  • TotalBedrooms: 2
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Walkout
  • Basement Material: Wood
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Mud Room
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1566
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 664 x 1350
  • Estimated Number of Acres: 19.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 315-0020-00250

Tax Info

  • Tax Amount: 3118

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 16, 2018
Sold by
Viren Janice M
Bought by
Blessing Jordan R and Blessing Jennifer L
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Julie Brown
Edina Realty, Inc. - Duluth
List Price
$387,900
Sold Price
$387,900
Current Estimated Value
$575,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,262
Avg. Annual Appreciation
5.39%
Original Mortgage
$368,505
Outstanding Balance
$318,695
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$256,467

Purchase Details

Closed on
Jan 15, 2004
Sold by
Johnson Rodney D and Johnson Julie S
Bought by
Viren John Victor and Viren Janice M

Purchase Details

Closed on
Dec 30, 2002
Sold by
Johnson Rodney D and Johnson Julie S
Bought by
Viren John Victor and Viren Janice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,900
Interest Rate
7.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 18, 2002
Sold by
Johnson Rodney D and Johnson Julie S
Bought by
Goodrich Gregory Bren and Viren Kristin Jan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Blessing Jordan R $387,900 North Shore Title Llc
Viren John Victor $48,000 --
Viren John Victor $48,000 --
Viren John Victor $48,000 --
Goodrich Gregory Bren $48,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blessing Jordan R $368,505
Previous Owner Viren John Victor $47,900
Previous Owner Goodrich Gregory Bren $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $387,900 0.0% $248 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $387,900 -- $248 / 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 $3,212 $446,800 $112,600 $334,200
2023 $3,212 $390,000 $100,000 $290,000
2022 $3,610 $385,900 $95,900 $290,000
2021 $3,330 $357,100 $77,600 $279,500
2020 $3,560 $341,000 $75,500 $265,500
2019 $3,080 $341,000 $75,500 $265,500
2018 $3,118 $311,000 $73,400 $237,600
2017 $3,504 $311,000 $73,400 $237,600
2016 $3,026 $341,700 $83,000 $258,700
2015 $3,057 $300,000 $73,000 $227,000
2014 $3,057 $300,000 $73,000 $227,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Deanna Bennett

    Messina & Associates Real Estate

    (218) 343-8444

    486 Total Sales

    Deanna Bennett
    Section Image
  • Julie Brown

    Buyer's Agent in 2018

    Julie Brown

    Edina Realty, Inc. - Duluth

    (612) 819-1455

    103 Total Sales

    Julie Brown
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6075341

APN: 315002000250

Minnesota St Louis County Two Harbors 55616

7001 Olson Rd, Two Harbors, MN

Not Listed for Sale

Detached

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