$530,000
SOLD FEB 28, 2025

7274 Wolf Bay Shores Cook, MN 55723

2 Beds
1 Bath
1,120 Sq Ft
62 Acres

Recently Sold

$473 Per Sq Ft

11% Below List Price

153 Days on Market

Highlights

  • Boathouse
  • Community Boat Slip
  • Spa
  • Private Waterfront
  • Docks
  • Sauna

About This Home

As of February 2025

Looking for the best of BOTH WORLDS?! Check out this unique, custom-built opportunity on BEAUTIFUL Lake Vermilion! This property boasts 62+ acres, and 210’ of lakeshore. Amenities include a modern cabin with all the creature comforts, many trails for hiking and/or four wheeling, double docks, a compliant septic system, off peak air conditioning/electric heat, insulated lake water system for year round use, a nicely sized boat house, a mini cabin/playhouse, AND your own private water access with a dock to make for a quick and easy access YEAR ROUND to your new cabin! A Lake Vermilion dream come true!

Last Agent to Sell the Property

Greg Hoffman

Edina Realty, Inc. - Virginia Listed on: 08/30/2024

Edina Realty, Inc. - Virginia

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,339

Year Built

  • Built in 2000

Lot Details

  • 62 Acre Lot
  • Lot Dimensions are 509x211
  • Private Waterfront
  • 211 Feet of Waterfront
  • Lake Front
  • Many Trees

Home Design

  • Cabin
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Garage
  • No Garage
  • Garage Door Opener
  • No Driveway

Outdoor Features

  • Spa
  • Boathouse
  • Docks
  • Porch

Farming

  • Bunk House

Utilities

  • Baseboard Heating
  • Water Not Available
  • Electric Water Heater
  • Private Sewer
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 387046500110 387003501780 387003501770 69800100161

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,339

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Duluth N on US Highway 53 to Cook, MN. Then N on St. Louis County Rd. 24 to Randa Rd. or other public accesses. (See maps)
  • InternetOptions: Satellite
  • Waterfront Info Lake Maximum Depth: 76
  • L O1 Office Phone1 Number: 218-749-8222
  • List Price/ Sq Ft: 473.21
  • PropAdjoinsPublicLand: Yes
  • Remodeled Addition: No
  • ShorelineCharacteristics: Gravel, Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 63
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Sauna, Tiled Floors, Vaulted Ceilings, Drywalls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Boat Slip, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1120
  • Garage Type: None
  • Heat: Baseboard, Electric
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Spa/Sauna, 3 Season Porch
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Spa/Sauna
  • Stories: 1.25 - 1.75 Story
  • Room 6: Porch
  • Room 7: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1120
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 40000
  • Out Buildings: Boathouse, Bunkhouse
  • Road Frontage: Township
  • Waterfront Access: Private
  • Water Frontage In Feet: 211
  • Waterfront Name: Vermilion
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: None

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2024-09-03
  • Estimated Lot Dimensions: 509x211
  • Estimated Number of Acres: 62
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy
  • Parcel Number: 387046500110 387003501780 387003501770 69800100161
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2339

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Feb 26, 2025
Sold by
Larson William C and Larson Connie M
Bought by
Peterson David B and Peterson Suzanne E
Seller's Agent
Greg Hoffman
Edina Realty, Inc. - Virginia
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$595,000
Sold Price
$530,000
Premium/Discount to List
-$65,000
-10.92%
Views
71
Current Estimated Value
$522,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,514
Avg. Annual Appreciation
-2.39%
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 Type Sale Price Title Company
Warranty Deed $530,000 All American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $530,000 0.0% $473 / Sq Ft
02/28/2025 02/28/25 Sold $530,000 -10.9% $473 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/30/2025 01/30/25 Pending -- -- --
11/20/2024 11/20/24 For Sale $595,000 0.0% $531 / Sq Ft
11/20/2024 11/20/24 For Sale $595,000 0.0% $531 / Sq Ft
10/14/2024 10/14/24 Pending -- -- --
10/14/2024 10/14/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $595,000 -0.8% $531 / Sq Ft
08/30/2024 08/30/24 For Sale $600,000 +0.8% $536 / Sq Ft
08/30/2024 08/30/24 For Sale $595,000 -- $531 / 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 $2,502 $239,800 $100,900 $138,900
2022 $2,124 $239,800 $100,900 $138,900
2021 $2,014 $204,700 $100,900 $103,800
2020 $1,926 $191,500 $100,900 $90,600
2019 $1,784 $183,000 $115,300 $67,700
2018 $1,810 $172,900 $105,200 $67,700
2017 $1,740 $173,000 $105,300 $67,700
2016 $1,774 $170,500 $102,800 $67,700
2015 $2,394 $210,900 $80,900 $130,000
2014 $2,394 $217,700 $87,700 $130,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115860

APN: 387046500110