NOT LISTED FOR SALE

7005 Olson Rd Two Harbors, MN 55616

Estimated Value: $704,174 - $974,000

3 Beds
2 Baths
2,604 Sq Ft
$315/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $539,900 $207 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,694/month

115 Days on Market

Highlights

  • Barn
  • 20 Acre Lot
  • Loft
  • Lake View
  • Main Floor Primary Bedroom
  • Log Cabin

About This Home

As of November 2017

Welcome to your peaceful retreat on 20 gorgeous acres! You will feel like you are on top of the world here. This 2002 Northwoods log home sits at the end of a private road amongst an Oak and Maple hardwood forest. Featuring vaulted ceilings, an open floor plan, a great room with a wall of windows offering breath-taking views of Lake Superior, hardwood and slate tile flooring, a Jotul wood stove to keep you cozy all winter and a large screen porch to enjoy in the summer! Upstairs there is an open loft with amazing views and a private master bedroom suite. There is a 3 car garage, a 1-story barn with two stalls, a large hay storage room, electricity and water. A great space for horses, llamas, goats or convert it to a work shop or studio. The land abuts state land on one side where there are trails and a fire tower. An easy 20 minute commute to Duluth or 10 minutes to Two Harbors. Excellent cell phone coverage and high speed internet. A truly unique & special find! See it today.

Last Agent to Sell the Property

Deanna Bennett

Messina & Associates Real Estate Listed on: 06/16/2017

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,434

Year Built

  • Built in 2002

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 1350 x 670

Parking

  • 3 Car Detached Garage

Property Views

  • Lake
  • Valley

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,604 Sq Ft Home
  • Multi-Level Property
  • Wood Burning Fireplace
  • Living Room
  • Dining Room
  • Loft
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Additional Features

  • Solar Heating System
  • Enclosed Patio or Porch
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 315-0020-00255

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,434

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Homestead Rd to W Knife River Rd (Right) L on Olson to end of road
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior, Valley
  • Lot Description Waterfront: No
  • Reso Association Amenities: Main Floor Laundry
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 2604
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, Propane, Solar
  • Room 10: Bathroom
  • Room 11: Laundry Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2002
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Wood
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Bathroom Description: Full Master, Full Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: 3 Season Porch
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Loft
  • Room 9: Master Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2604
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Barn
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Garage Capacity: 3

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: 1350 x 670
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 315-0020-00255

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4434

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2022
Sold by
Freed Christopher J and Freed Amy J
Bought by
Christopher Jason Freed And Amy Jean Freed Tr
Current Estimated Value
$820,544

Purchase Details

Listed on
Jun 16, 2017
Closed on
Nov 16, 2017
Sold by
Goodrich Gregory Bren and Viren Kristin Jan
Bought by
Freed Christopher and Freed Amy
Seller's Agent
Deanna Bennett
Messina & Associates Real Estate
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$539,900
Sold Price
$539,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$414,100
Interest Rate
3.85%
Mortgage Type
New Conventional
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
Christopher Jason Freed And Amy Jean Freed Tr $500 First American Title
Christopher Jason Freed And Amy Jean Freed Tr $500 First American Title
Freed Christopher $539,900 Title And Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freed Christopher $414,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2017 11/17/17 Sold $539,900 0.0% $207 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
06/16/2017 06/16/17 For Sale $539,900 -- $207 / 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 $4,848 $561,400 $111,700 $449,700
2023 $4,848 $489,500 $99,200 $390,300
2022 $5,122 $485,400 $95,100 $390,300
2021 $4,766 $466,200 $76,600 $389,600
2020 $5,070 $444,500 $74,500 $370,000
2019 $4,460 $444,500 $74,500 $370,000
2018 $4,194 $403,600 $72,500 $331,100
2017 $4,434 $403,600 $72,500 $331,100
2016 $3,856 $422,300 $83,400 $338,900
2015 $3,907 $377,800 $75,000 $302,800
2014 $3,907 $377,800 $75,000 $302,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6029666

APN: 315002000255