NOT LISTED FOR SALE

7347 Frazer Bay Rd Cook, MN 55723

Estimated Value: $442,000 - $718,000

2 Beds
1 Bath
1,180 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $435,000 $369 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,164/month

Highlights

  • Deck
  • Enclosed Patio or Porch
  • Baseboard Heating
  • 4 Car Detached Garage
  • 1-Story Property
  • Wood Burning Fireplace

About This Home

As of September 2014

Centrally located on Lake Vermilion (Frazer Bay), this ideal lake cottage is situated at the water's edge. Incredible big water views from the deck and easy access to a beautiful sandy swimming area. Lots of windows, enclosed porch, family room/dining room with wood burning stove, and den all on one level! Large garage with bunk house, additional 2 stall garage, sauna, and a "one of a kind" wet boathouse! All located on approximately 450' lakeshore and 5.5 wooded acres. Subdivision of this property is subject to approval for a Performance Standard Plat by St. Louis County.

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office Inc License #20052250 Listed on: 08/07/2014

Last Buyer's Agent

Vicki Schelde

B.I.C. Realty License #413435

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,567

Year Built

  • Built in 1972

Lot Details

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

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Washer
  • Gas Dryer

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Wood
  • Baseboard Heating
  • The lake is a source of water for the property
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 387-0031-01440,01325

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,567

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Wood Frame
  • Guttering: Partial
  • Heat: Wood, Electric, Baseboard
  • Irregular Lot Size: Yes
  • Main Level Bathrooms: 1
  • Number Of Bedrooms: 2
  • Parcel Code Number: 387-0031-01440,01325
  • Patioporch: Deck, Porch, Enclosed
  • Real Estate Tax: 5566.78
  • Style: One Story, Seasonal
  • Total Above Grade Sq Ft: 1180
  • Type: Residential
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Finished Sq Ft: 1180
  • Bedroom 1: Size: 9X15, On Level: Main
  • Total Bathrooms: 1
  • Appliances: Electric Range, Garage Opener, Microwave, Refrigerator, Washer, Gas Dryer
  • Bedroom 2: Size: 8X12, On Level: Main
  • Bedroom 3: Den, Size: 8X18, On Level: Main
  • Dining Room: Size: 11X19, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 9X10, On Level: Main
  • Living Room: Size: 11X15, On Level: Main
  • Main Level Bedrooms: 2
  • Main Level Sq Ft: 1180
  • Other Room 2: Porch, Size: 8X11, On Level: Main

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage: 3+ Stalls, Detached
  • Garage Capacity: 4
  • Garage Size: 24X40

Utilities

  • Cooling: Multi-Window A/C
  • Utilities: Septic, Well, Lake Water System
  • Water Heater: Elec. Off Peak

Schools

  • School District: St.Louis County-2142

Lot Info

  • Lot Size: Dimensions: 750x550
  • Number Of Acres: 5.5
  • Zoning: RES-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2014
Sold by
Allen Gerald K and Allen Lori A
Bought by
Lori A Allen Trust
Current Estimated Value
$534,619

Purchase Details

Listed on
Aug 7, 2014
Closed on
Sep 26, 2014
Sold by
Ramsom William R and Doris R Ransom Living Trust
Bought by
Allen Gerald K and Allen Lori A
Seller's Agent
Barbara Hegg
Vermilion Land Office Inc
Buyer's Agent
Vicki Schelde
B.I.C. Realty
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%
Original Mortgage
$348,000
Interest Rate
4.23%
Mortgage Type
New Conventional
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
Lori A Allen Trust -- None Available
Allen Gerald K $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Allen Gerald K $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2014 09/26/14 Sold $435,000 0.0% $369 / Sq Ft
09/26/2014 09/26/14 Sold $435,000 -26.7% $369 / Sq Ft View Prior Sale
08/07/2014 08/07/14 Pending -- -- --
08/07/2014 08/07/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $593,500 -- $503 / Sq Ft
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 $3,924 $387,100 $214,000 $173,100
2022 $3,464 $326,200 $183,500 $142,700
2021 $5,894 $277,200 $158,100 $119,100
2020 $3,598 $250,000 $146,600 $103,400
2019 $3,600 $338,500 $221,800 $116,700
2018 $3,544 $337,900 $221,200 $116,700
2017 $3,512 $326,600 $221,200 $105,400
2016 $4,558 $326,600 $221,200 $105,400
2014 $3,632 $296,500 $215,400 $81,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 123125

Range Association of REALTORS®

APN: 387003101325