NOT LISTED FOR SALE

7097 Highway 97 Gilbert, MN 55741

Estimated Value: $258,000 - $276,000

14.76 Acres
$18,065 Price per Acre
642,946 Sq Ft Lot

Last Sold July 06, 2022

Last sale price $220,000 $327 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,624/month

21 Days on Market

About This Lot

As of July 2022

Rural property at it's best! Almost 15 acres with 1300 ft of lake shore on a private lake. Many newly planted trees. Great place to build a home or bring in a camper for a weekend get away. Huge 71x104 pole barn to store your camper, ATV's, boats plus more. Property already has power available. Gilbert ATV park only a few miles away. Short distance to Giants Ridge Golf and Ski Resort.

Last Agent to Sell the Property

Paula Mackey

Laurentian Realty License #40092509 Listed on: 04/28/2022

Last Buyer's Agent

Paula Mackey

Laurentian Realty License #40092509 Listed on: 04/28/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,484

Lot Details

  • 14.76 Acre Lot
  • Lot Dimensions are 1,048 x 688
  • Lake Front
  • Irregular Lot

Property Details

Property Type

Land

Est. Annual Taxes

$1,484

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 04/28/2022
  • Real Estate Tax: 1484
  • Type: Waterfront
  • Dnr Lake Id Number: 69061100
  • Lot Size Length: 1048
  • Lot Size Width: 688
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lost (Horseshoe)
  • Waterfront: 1 - Lake

Schools

  • School District: Eveleth/Gilbert

Lot Info

  • Number Of Acres: 14.76
  • Zoning: R
  • Land Description: level, sloped to lake shore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 6, 2022
Sold by
Trust Agreement Of Tamara J Skoglund and Skoglund Tamara J
Bought by
Powell Jeremy J and Powell Rochelle M
Seller's Agent
Paula Mackey
Laurentian Realty
Buyer's Agent
Paula Mackey
Laurentian Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Current Estimated Value
$266,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,639
Avg. Annual Appreciation
4.70%
Original Mortgage
$120,000
Outstanding Balance
$108,486
Interest Rate
5.12%
Mortgage Type
New Conventional
Estimated Equity
$145,774

Purchase Details

Closed on
Jun 19, 2019
Sold by
Skoglund Thomas D
Bought by
Skoglund Tamara J

Purchase Details

Closed on
Mar 20, 2017
Sold by
Skoglund Tamara J
Bought by
Skoglund Tamara J and Trust Agreement Of Tamara J Skoglund

Purchase Details

Closed on
Sep 8, 2014
Sold by
Gulbranson Merlin C and Gulbranson Loretta L
Bought by
Skoglund Tamara and Mckenzie Family Trust

Purchase Details

Closed on
Sep 5, 2001
Sold by
Gulbranson Merlin C and Gulbranson Loretta L
Bought by
Gulbranson Merlin C and Gulbranson Loretta L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Powell Jeremy J $220,000 Up North Title
Skoglund Tamara J -- None Available
Skoglund Tamara J -- None Available
Skoglund Tamara -- None Available
Gulbranson Merlin C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powell Jeremy J $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $220,000 -6.4% $327 / Sq Ft
04/28/2022 04/28/22 For Sale $235,000 -- $350 / Sq Ft
Source: Range Association of 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 $2,056 $220,400 $154,500 $65,900
2022 $2,042 $94,800 $76,600 $18,200
2021 $1,464 $85,900 $70,000 $15,900
2020 $1,402 $84,500 $70,000 $14,500
2019 $1,220 $80,700 $66,200 $14,500
2018 $818 $80,700 $66,200 $14,500
2017 $806 $51,200 $38,500 $12,700
2016 $780 $51,200 $38,500 $12,700
2014 $723 $60,000 $51,900 $8,100
Source: Public Records

Agents Affiliated with this Home

  • Paula Mackey

    Seller's Agent in 2022

    Paula Mackey

    Laurentian Realty

    (218) 780-2778

    61 Total Sales

    Paula Mackey
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Map

Source: Range Association of REALTORS®

MLS Number: 143195

Range Association of REALTORS®

APN: 260001500660

Minnesota St Louis County Gilbert 55741

7097 Highway 97, Gilbert, MN

This home is located at 7097 Highway 97, Gilbert, MN 55741 since 28 April 2022 and is currently estimated at $266,639, approximately $396 per square foot. 7097 Highway 97 is a home located in St. Louis County with nearby schools including Nelle Shean Elementary School, Franklin Elementary School, and Eveleth-Gilbert Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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