$636,100
SOLD FEB 19, 2025

7360 Lookout Rd Finland, MN 55603

5 Beds
3 Baths
3,430 Sq Ft
75.31 Acres

Recently Sold

$185 Per Sq Ft

2% Below List Price

204 Days on Market

Highlights

  • Lake View
  • 75.31 Acre Lot
  • Recreation Room
  • Heated Floors
  • Deck
  • Vaulted Ceiling

About This Home

As of February 2025

You can hear the wind in a birds wings as they fly by! Quiet and location surrounded by hundres of acres of Finland State Forest and Lake County land. This custom built energy efficient SIP (structural insulate panel) home is ready for you! 8" thick walls with half log siding. Views of Lake Superior on a clear day. Views of Egge lake from your wall of windows. Surrounded by maple trees for beautiful fall days. Sit cozy on a snow day next to one of three gas fireplaces. Eleven miles to the CO-OP and local restuarant. Endless upgrades including; tankless water heater, Guardian propane generator to run the home as a backup, underground power lines, main heat is Wirsbo in floor heating, air conditioned, radon blanket under basement.

Last Agent to Sell the Property

Corrine Hobbs

Edina Realty, Inc. - Duluth Listed on: 06/25/2024

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Echo Vind

EasyLiving LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,806

Year Built

  • Built in 2003

Lot Details

  • 75.31 Acre Lot
  • Lot Dimensions are 2398 x 1319
  • Property fronts a private road
  • Elevated Lot
  • Street terminates at a dead end
  • Unpaved Streets
  • Many Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Poured Concrete
  • Fire Rated Drywall
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Loft
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Lake Views
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Mound Septic
  • Private Sewer
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-5807-33490, 27-5807-33670

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,806

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take Hwy 61 North to County Rd 1 (toward Finland) take a left To Cramer Rd take a Right to Airbase Rd take a Left as you travel up the hill about 1.3 miles you will see two blue address signs on the right. Turn here and keep to the left most driveway. Keep on this road approximately 1 mile, when you see the fire tower take the driveway on the left (it is marked, private drive 0 access).
  • InternetOptions: Satellite
  • L O1 Office Phone1 Number: 218-728-7700
  • Planned Unit Development: No
  • List Price/ Sq Ft: 185.45
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Kitchen Center Island, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Drywalls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Poured Concrete
  • FinFootageAboveGrade: 1894
  • Below Grade Finished Sq Ft: 1536
  • Garage Type: None
  • Heat: Fireplace, In Floor, Propane
  • Fireplaces: 3
  • MainFloorBath: Yes
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Loft
  • Bedroom 3: Kitchen
  • TotalBedrooms: 5
  • Year Built: 2003
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Upper
  • RoomLevel3: Main
  • RoomLevel4: Lower
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Walkout, Bedrooms, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block, Wood
  • Basement Style: Full
  • Bathroom Description: Full Basement, Full Master, 3/4 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Pantry, Storage Room, Utility Room, Loft
  • 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: Rec Room
  • Bedroom 5: Primary Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Pantry
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3430
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Dead End/No Outlet, Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private, Mound
  • Water: Private, Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-06-25
  • Estimated Lot Dimensions: 2398 x 1319
  • Estimated Number of Acres: 75.31
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High
  • Parcel Number: 27-5807-33490, 27-5807-33670

Tax Info

  • Tax Amount: 2806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Feb 19, 2025
Sold by
Nichols Willard and Nichols Donna
Bought by
Simmons Shannon and Simmons Mollie
Seller's Agent
Corrine Hobbs
Edina Realty, Inc. - Duluth
Buyer's Agent
Echo Vind
EasyLiving LLC
List Price
$650,000
Sold Price
$636,100
Premium/Discount to List
-$13,900
-2.14%
Views
138
Current Estimated Value
$613,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,921
Avg. Annual Appreciation
-2.99%
Source: Public Records

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Range of Values:

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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
Deed $636,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,000 New Conventional
Previous Owner $5,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $636,100 -2.1% $185 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
06/25/2024 06/25/24 For Sale $650,000 -- $190 / 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
2024 $1,517 $406,600 $69,600 $337,000
2023 $1,711 $410,600 $69,600 $341,000
2022 $2,399 $414,700 $69,600 $345,100
2021 $2,433 $272,800 $64,900 $207,900
2020 $2,581 $272,800 $64,900 $207,900
2019 $2,591 $277,500 $64,900 $212,600
2018 $2,652 $277,500 $64,900 $212,600
2017 $2,711 $279,800 $64,900 $214,900
2016 $2,336 $289,600 $64,900 $224,700
2015 $2,352 $255,100 $64,900 $190,200
2014 $2,352 $0 $0 $0
2013 $1,896 $0 $0 $0
2012 $1,782 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114517

APN: 27-5807-33490