NOT LISTED FOR SALE

7299 Otter Island Cook, MN 55723

Estimated Value: $366,000 - $781,000

2 Beds
2 Baths
912 Sq Ft
$663/Sq Ft Est. Value

Last Sold July 11, 2016

Last sale price $199,000 $218 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $3,635/month

About This Home

As of July 2016

This nicely wooded 1+ acre island in Frazer Bay hosts a furnished 2 bedroom cabin with an open floor plan perfect for large groups/family to fish and enjoy Lake Vermilion. Located just 1800ft from a public landing for convenient access. This fishing camp is begging for you, your friends and family to fry up the catch of the day.

Last Agent to Sell the Property

Mark Ludlow

B.I.C. Realty License #529578 Listed on: 06/22/2016

Last Buyer's Agent

Mark Ludlow

B.I.C. Realty License #529578 Listed on: 06/22/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,046

Year Built

  • Built in 1970

Lot Details

  • 1.46 Acre Lot
  • Irregular Lot
  • Property is zoned RES-8

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 2 Bedrooms
  • 912 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Electric Range

Utilities

  • Heating System Uses Wood
  • The lake is a source of water for the property

Listing and Financial Details

  • Assessor Parcel Number 387-0031-01360

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,046

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Heat: Wood, Electric
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0031-01360
  • Real Estate Tax: 2046.00
  • Style: One Story
  • Total Above Grade Sq Ft: 912
  • Type: Residential
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 912
  • Bedroom 1: Size: 14'x11.6'
  • Appliances: Electric Range, Refrigerator
  • Bedroom 2: Size: 14'x11.6'
  • Dining Room: Size: .
  • Fireplace: Free Standing
  • Kitchen: Size: 9' x15'
  • Living Room: Size: 23'x16'
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 912
  • Rec Room: Size: .

Exterior Features

  • Exterior: Wood
  • Roof: Asphalt

Garage/Parking

  • Garage Size: .

Utilities

  • Utilities: Lake Water System

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 400x140
  • Number Of Acres: 1.46
  • Zoning: RES-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2016
Closed on
Sep 7, 2016
Sold by
Kyllo Francis Michae and Kyllo Francis Berit
Bought by
Francis Island Llc
Seller's Agent
Mark Ludlow
B.I.C. Realty
Buyer's Agent
Mark Ludlow
B.I.C. Realty
Sold Price
$199,000
Current Estimated Value
$604,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,408
Avg. Annual Appreciation
12.75%

Purchase Details

Listed on
Jun 22, 2016
Closed on
Jul 11, 2016
Sold by
Bakk Islands Inc
Bought by
Francis Michael
Seller's Agent
Mark Ludlow
B.I.C. Realty
Buyer's Agent
Mark Ludlow
B.I.C. Realty
Sold Price
$199,000
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
Francis Island Llc -- Attorney
Francis Michael $199,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/11/2016 07/11/16 Sold $199,000 -- $218 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
Source: Range Association of 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 $5,162 $465,700 $175,400 $290,300
2022 $4,152 $465,700 $175,400 $290,300
2021 $3,870 $392,400 $175,400 $217,000
2020 $3,582 $364,800 $175,400 $189,400
2019 $2,574 $332,800 $199,900 $132,900
2018 $2,086 $239,800 $166,100 $73,700
2017 $2,022 $191,400 $157,700 $33,700
2016 $2,046 $189,400 $155,700 $33,700
2015 -- $161,600 $105,800 $55,800
2014 -- $170,800 $115,000 $55,800
Source: Public Records

Agents Affiliated with this Home

  • Mark Ludlow

    Seller's Agent in 2016

    Mark Ludlow

    B.I.C. Realty

    (612) 817-4069

    13 Total Sales

    Mark Ludlow
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Map

Source: Range Association of REALTORS®

MLS Number: 128212

Range Association of REALTORS®

APN: 387003101360

Minnesota St Louis County Cook 55723

7299 Otter Island, Cook, MN

This home is located at 7299 Otter Island, Cook, MN 55723 since 22 June 2016 and is currently estimated at $604,408, approximately $662 per square foot. This property was built in 1970. 7299 Otter Island is a home located in St. Louis County with nearby schools including Tower-Soudan Elementary 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.

Range Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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