NOT LISTED FOR SALE

7255 Highway 5 Floodwood, MN 55736

Estimated Value: $251,000 - $345,000

3 Beds
2 Baths
1,716 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $235,010 $137 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,647/month

8 Days on Market

Highlights

  • Private Waterfront
  • Multiple Garages
  • Ranch Style House
  • Greenhouse
  • River View
  • 4 Car Detached Garage

About This Home

As of September 2021

3 bedroom, 2 bath home located on a quiet country road with 15 acres and 1680 feet of frontage on the Whiteface River. This home is 45 miles from Duluth, 50 miles from Virginia, and 175 miles from the Twin Cities. The property also has a 24x26 garage, a 24x24 insulated garage, 10x10 shed, 8x8 greenhouse, and a vintage machine shed. Inside the home you'll find a welcoming great room with vaulted ceilings and gas fireplace, and hardwood floors throughout the living room, dining room and bedrooms. The basement is open and unfinished, offering lots of additional storage space. The home can be heated with either the propane forced air furnace or with the outdoor wood furnace. Compliant Septic!

Last Agent to Sell the Property

Timothy Lillquist

Edina Realty, Inc. - Virginia Listed on: 06/30/2021

Edina Realty, Inc. - Virginia

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,441

Year Built

  • Built in 1963

Lot Details

  • 15 Acre Lot
  • Lot Dimensions are 1400x950
  • Private Waterfront
  • 1,680 Feet of Waterfront
  • River Front
  • Property fronts a county road
  • Level Lot
  • Unpaved Streets
  • Many Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Steel Siding

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Insulated Garage
  • Gravel Driveway

Outdoor Features

  • Greenhouse
  • Storage Shed

Farming

  • Machine Shed

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System
  • Heating System Uses Propane
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Mound Septic
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 440-0010-04711

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,441

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 133 to south on Hwy 29 (turns into Hwy 5) to first house on the right past the bridge.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-749-8222
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 53
  • View Type:Pond View: River
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1604
  • Below Grade Finished Sq Ft: 112
  • Garage Type: Detached, Multiple
  • Heat: Forced Air, Outdoor Boiler, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Family Room
  • TotalBedrooms: 3
  • Year Built: 1963
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Basement, 3/4 Main Floor
  • Formal Dining: Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1716
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Greenhouse, Machine Shed, Storage Shed
  • Road Frontage: County, Unpaved
  • Waterfront Access: Private
  • Water Frontage In Feet: 1680
  • Waterfront Name: Whiteface River
  • Construction Status: Previously Owned
  • Exterior: Steel, Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Insulation
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 234x26 & 24x24

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound
  • Water: Drilled

Schools

  • Junior High Dist: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 1400x950
  • Estimated Number of Acres: 15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, Level
  • Parcel Number: 440-0010-04711
  • Waterfront Type: River

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 1441

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2021
Closed on
Sep 17, 2021
Sold by
Germain Matthew Michael
Bought by
Nordin Kayla
Seller's Agent
Timothy Lillquist
Edina Realty, Inc. - Virginia
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$235,010
Sold Price
$235,010
Current Estimated Value
$292,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,193
Avg. Annual Appreciation
5.28%
Original Mortgage
$188,008
Outstanding Balance
$170,700
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$121,503

Purchase Details

Listed on
Aug 30, 2018
Closed on
Jan 31, 2019
Sold by
Gayken Mendy R and Gayken Christopher G
Bought by
Germain Matthew Michael
Seller's Agent
Dave Lilja
Think Minnesota Realty LLC
Buyer's Agent
Robin Cicmil
Village Realty
List Price
$206,000
Sold Price
$206,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$185,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2013
Closed on
Sep 27, 2013
Sold by
Anderson Dennis K and Anderson Linda M
Bought by
Gayken Mandy R and Gayken Christopher G
Seller's Agent
Joni Novoselac
Village Realty
Buyer's Agent
Joni Novoselac
Village Realty
Sold Price
$239,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.74%
Original Mortgage
$191,200
Interest Rate
4.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nordin Kayla $235,009 All American Title Company
Germain Matthew Michael $206,000 Arrowhead Abstract & Title C
Gayken Mandy R $239,000 The Title Group Inc
Nordin Kayla Kayla $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordin Kayla $188,008
Previous Owner Germain Matthew Michael $185,400
Previous Owner Gayken Mandy R $191,200
Closed Nordin Kayla Kayla $185,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $235,010 0.0% $137 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $235,010 +14.1% $137 / Sq Ft
01/31/2019 01/31/19 Sold $206,000 0.0% $109 / Sq Ft View Prior Sale
12/23/2018 12/23/18 Pending -- -- --
08/30/2018 08/30/18 For Sale $206,000 -13.8% $109 / Sq Ft
09/27/2013 09/27/13 Sold $239,000 -- $105 / Sq Ft View Prior Sale
08/01/2013 08/01/13 Pending -- -- --
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 $1,318 $217,000 $79,500 $137,500
2023 $1,318 $206,100 $69,600 $136,500
2022 $1,602 $190,900 $66,800 $124,100
2021 $1,526 $175,300 $62,800 $112,500
2020 $1,506 $168,000 $60,000 $108,000
2019 $1,400 $164,000 $60,000 $104,000
2018 $1,420 $160,900 $56,000 $104,900
2017 $1,422 $160,900 $56,000 $104,900
2016 $1,444 $160,900 $56,000 $104,900
2015 $1,439 $138,100 $48,100 $90,000
2014 $1,439 $137,600 $48,000 $89,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6098015

APN: 440001004711