NOT LISTED FOR SALE

7141 Island Lake Falls Rd Duluth, MN 55803

Estimated Value: $210,000 - $390,000

2 Beds
1 Bath
960 Sq Ft
$338/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $260,000 $271 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,921/month

10 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Docks
  • Deck
  • Homecroft Elementary School Rated A-
  • Lake View
  • Ranch Style House

About This Home

As of September 2015

ISLAND LAKE (PRIVATE LAND) Get back to nature with this cedar sided lake home. Enjoy the one level living with raised living room with hard wood floor's, patio door to large deck over looking sunset's and lake. This home also features 2+ bedrooms, full bath, main floor laundry, wood burning Vermont casting fire place, for those cool days and electric baseboard and forced air heat to keep you warm the rest of the time. Enjoy the gradual slope to the sandy beach with lot's of water and close to the Cloquet river for canoeing or fishing. The extra treat is the 18 X 24 detached garage for your toys. All of this and the home is built on concrete footing's. Enjoy the new life style of the lake.

Last Agent to Sell the Property

Doug Freeman

RE/MAX Results Listed on: 07/29/2015

Last Buyer's Agent

Doug Freeman

RE/MAX Results Listed on: 07/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1986

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 75 x 231
  • 75 Feet of Waterfront
  • Property fronts a private road
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • Woodwork
  • Free Standing Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Tile Flooring
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 375-0000-09360

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,228

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy #4 (Rice Lake Rd) from Island Lake Inn go 1.7 miles turn Rt. on Thompson Lake Rd. stay Rt at Y then follow Cannon Ball Lk. Rd .9 miles take Rt. on Island Lk. Falls Rd.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 270.83
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Tiled Floors, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Garage Type: Detached
  • Heat: Baseboard, Forced Air, Wood, Propane, Electric
  • Reso Roof: Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1986
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 960
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 960
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: Private
  • Water Frontage In Feet: 75
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2015-09-18
  • Estimated Lot Dimensions: 75 X 231
  • Estimated Number of Acres: 0.39
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium
  • Parcel Number: 375-0000-09360

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1228

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2015
Closed on
Sep 17, 2015
Sold by
Evjen Leslie H and Evjen Donna L
Bought by
Mohn James and Muster Heather
Seller's Agent
Doug Freeman
RE/MAX Results
Buyer's Agent
Doug Freeman
RE/MAX Results
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$324,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,761
Avg. Annual Appreciation
2.24%
Original Mortgage
$182,000
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mohn James $260,000 Stewart Title
Evjen Leslie H $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohn James $182,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2015 09/18/15 Sold $260,000 0.0% $271 / Sq Ft
08/08/2015 08/08/15 Pending -- -- --
07/29/2015 07/29/15 For Sale $260,000 -- $271 / 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
2023 $2,308 $218,700 $97,100 $121,600
2022 $2,336 $218,700 $97,100 $121,600
2021 $2,390 $183,600 $81,800 $101,800
2020 $2,464 $189,800 $74,200 $115,600
2019 $2,442 $189,800 $74,200 $115,600
2018 $2,410 $189,800 $74,200 $115,600
2017 $2,438 $189,800 $74,200 $115,600
2016 $2,126 $49,200 $31,500 $17,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Doug Freeman

    RE/MAX

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6017481

APN: 375003500030

Minnesota St Louis County Duluth 55803

7141 Island Lake Falls Rd, Duluth, MN

This home is located at 7141 Island Lake Falls Rd, Duluth, MN 55803 since 29 July 2015 and is currently estimated at $324,761, approximately $338 per square foot. This property was built in 1986. 7141 Island Lake Falls Rd is a home located in St. Louis County with nearby schools including Homecroft Elementary School, Ordean East Middle School, and East High School.

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