NOT LISTED FOR SALE

7197 Island Lake Falls Rd Duluth, MN 55803

Estimated Value: $261,000 - $507,000

1 Bed
1 Bath
1,296 Sq Ft
$291/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $280,000 $216 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,267/month

98 Days on Market

Highlights

  • Private Waterfront
  • Docks
  • Deck
  • Homecroft Elementary School Rated A-
  • Panoramic View
  • Contemporary Architecture

About This Home

As of November 2019

Year round or vacation getaway on Island Lake's eastern end, featuring expansive water views in a quiet setting. A level lot, 120' of shoreline just steps away from this warm, contemporary home. Full on sunsets from the dock, patio or inside, the square footage is well-planned. Open floorplan - entry, living, dining, kitchen and large bath/laundry on the main level. The open, airy feel continues upstairs with the bedroom, additional loft/sleeping space and deck access. Vaults, skylights and sunny windows create bright living space, the lake views complete the package. Front, back and second story decks, waterfront patio, 24 x 40 garage and a compliant septic system. Enjoy relaxed lake living here!

Last Agent to Sell the Property

Sandra Nelson

RE/MAX Results Listed on: 06/07/2019

RE/MAX Results

Last Buyer's Agent

Sandra Nelson

RE/MAX Results Listed on: 06/07/2019

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,611

Year Built

  • Built in 1997

Lot Details

  • 0.96 Acre Lot
  • Private Waterfront
  • 120 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Land Lease of $2,063

Parking

  • 4 Car Detached Garage

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,296 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Skylights
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Loft
  • Tile Flooring
  • Crawl Space
  • Kitchen Island
  • Laundry on main level

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Bathroom

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Dual Heating Fuel
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 375-6010-53225

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,611

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Rice Lake rd to right on Thompson Lake Rd, straight onto Tracy Rd, left on Cannon Ball Lake Rd, right to Island Lake Falls Rd.
  • Waterfront Info Lake Maximum Depth: 94
  • L O1 Office Phone1 Number: 218-728-7700
  • LotLeaseAmount: 2062.5
  • List Price/ Sq Ft: 216.05
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Kitchen Center Island, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Main Floor Laundry
  • Amenities Exterior: Deck, Dock, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1296
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Fireplace, Propane, Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1997
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Loft
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: Foyer
  • Room 7: Other
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1296
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 8000
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 120
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 4

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-06-07
  • Estimated Lot Dimensions: 120, 90 X 300, 315 + 86 X 135
  • Estimated Number of Acres: 0.96
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped, Level
  • Parcel Number: 375-6010-53225
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2611

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $280,000 0.0% $216 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $280,000 -- $216 / 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 $3,140 $286,500 $82,400 $204,100
2022 $3,000 $285,900 $82,400 $203,500
2021 $2,814 $231,500 $82,400 $149,100
2020 $2,686 $218,900 $82,500 $136,400
2019 $2,636 $218,900 $82,500 $136,400
2018 $2,466 $218,900 $82,500 $136,400
2017 $2,518 $219,000 $82,600 $136,400
2016 $2,462 $219,000 $82,600 $136,400
2015 $2,562 $195,500 $74,700 $120,800
2014 $2,562 $195,500 $74,700 $120,800
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sandra Nelson

    RE/MAX

    (218) 393-7030

    76 Total Sales

    Sandra Nelson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083661

APN: 375601053225

Minnesota St Louis County Duluth 55803

7197 Island Lake Falls Rd, Duluth, MN

This home is located at 7197 Island Lake Falls Rd, Duluth, MN 55803 since 07 June 2019 and is currently estimated at $376,648, approximately $290 per square foot. This property was built in 1997. 7197 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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