NOT LISTED FOR SALE

7272 Highway 1 Finland, MN 55603

Estimated Value: $163,000 - $184,000

38 Acres
$4,464 Price per Acre
1,655,280 Sq Ft Lot

Last Sold January 09, 2019

Last sale price $42,500 $64 Per Sq Ft

Est. 299% increase in value since last sale

Current estimated payment $979/month

43 Days on Market

About This Lot

As of January 2019

Great building site off of Hwy 1, if you walk the property be cautious of debris, abandoned buildings and hunters! 38.81 acres right off of Hwy 1 , a great building site! Being sold as is, a part of an estate, there is much debris, buildings that need to be demolished and junk needs to be removed. Personal Representative of the Estate does not know the condition or if there are any valuables on the property.Seller was told by the Lake County Planning and Zoning that there is a well on the property,but the location and condition are unknown, it was drilled in 1987.

Last Agent to Sell the Property

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 11/07/2018

Last Buyer's Agent

Gigi Maxwell

Legacy Real Estate Group LLC Listed on: 11/07/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $880

Lot Details

  • 38 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$880

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Hwy 1 to property
  • L O1 Office Phone1 Number: 218-226-3606
  • List Price/ Sq Ft: 1118.42
  • Property Sub-Type: Residential
  • Tax Year: 2018
  • Twp Number: 57
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2018-11-07
  • Estimated Lot Dimensions: 1320 x
  • Estimated Number of Acres: 38
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: No

Tax Info

  • Tax Amount: 880.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2018
Closed on
Jan 9, 2019
Sold by
Allen John F Est
Bought by
Ramberg Richard and Ramberg Julie A
Seller's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
Buyer's Agent
Gigi Maxwell
Legacy Real Estate Group LLC
List Price
$42,500
Sold Price
$42,500
Current Estimated Value
$169,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,115
Avg. Annual Appreciation
24.48%
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
Ramberg Richard $42,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $42,500 0.0% $64 / Sq Ft
12/20/2018 12/20/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $42,500 -- $64 / 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
2025 $656 $122,500 $79,000 $43,500
2024 $507 $121,800 $77,800 $44,000
2023 $513 $122,300 $77,800 $44,500
2022 $833 $112,200 $71,600 $40,600
2021 $815 $107,000 $74,900 $32,100
2020 $876 $103,300 $74,900 $28,400
2019 $870 $103,556 $74,856 $28,700
2018 $880 $103,800 $74,900 $28,900
2017 $873 $103,800 $74,900 $28,900
2016 $888 $104,100 $74,900 $29,200
2015 $898 $106,000 $76,500 $29,500
2014 $898 $0 $0 $0
2013 $771 $0 $0 $0
2012 $822 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gigi Maxwell

    Legacy Real Estate Group LLC

    (218) 220-8729

    171 Total Sales

    Gigi Maxwell
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6079625

APN: 26-5708-02010

Minnesota Lake County Finland 55603

7272 Highway 1, Finland, MN

This home is located at 7272 Highway 1, Finland, MN 55603 since 07 November 2018 and is currently estimated at $169,615, approximately $256 per square foot. 7272 Highway 1 is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley 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.

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