NOT LISTED FOR SALE

7402 Frazer Bay Rd Cook, MN 55723

Estimated Value: $615,000 - $1,406,000

1.3 Acres
$878,123 Price per Acre
56,628 Sq Ft Lot

Last Sold August 08, 2014

Last sale price $205,000

Est. 457% increase in value since last sale

Current estimated payment $6,928/month

About This Lot

As of August 2014

Beautiful road access Lake Vermilion building lot on Frazer Bay! This prime building lot offers approx. 196 feet of sand/gravel shoreline and approx. 1.3 acres. The lot offers very desirable features for your future cabin or lake home building project: panoramic Frazer Bay views, choice flat and level building site just 75' from the water's edge, swim quality shoreline, easy year around road access, and nearby electrical service. High quality, road access building lots are a rare find on Lake Vermilion. Plan to visit this lot soon!

Last Agent to Sell the Property

Bill Tibbetts

B.I.C. Realty License #20437344 Listed on: 07/30/2014

Last Buyer's Agent

Vicki Schelde

B.I.C. Realty License #413435

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,498

Lot Details

  • 1.3 Acre Lot
  • Lot Dimensions are 319 x 196
  • 196 Feet of Lake Waterfront
  • Lake Front
  • Lot Has A Rolling Slope
  • Property is zoned RES-8

Property Details

Property Type

Land

Est. Annual Taxes

$10,498

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Real Estate Tax: $2,261.00
  • Type: Waterfront
  • Dnr Lake Id Number: 690378
  • Lot Size Length: 319
  • Lot Size Width: 196
  • Lake Frontage: 196
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Lake Vermilion
  • Waterfront: 1 - Lake

Schools

  • School District: St.Louis County

Lot Info

  • Number Of Acres: 1.3
  • Zoning: RES-8
  • Topography: Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2014
Closed on
Aug 7, 2014
Sold by
Silberg Thomas H and Silberg Suzanne M
Bought by
Stelter Larry P and Fisher Peggy Ann
Seller's Agent
Bill Tibbetts
B.I.C. Realty
Buyer's Agent
Vicki Schelde
B.I.C. Realty
Sold Price
$205,000
Current Estimated Value
$1,141,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$936,560
Avg. Annual Appreciation
16.57%

Purchase Details

Closed on
Jan 31, 2007
Sold by
Silberg Thomas H and Silberg Suzanne M
Bought by
Silberg Thomas H and Silberg Suzanne M
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
Stelter Larry P $205,000 None Available
Silberg Thomas H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2014 08/08/14 Sold $205,000 0.0% --
08/08/2014 08/08/14 Sold $205,000 -10.5% -- View Prior Sale
07/30/2014 07/30/14 Pending -- -- --
07/30/2014 07/30/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $229,000 -- --
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 $10,498 $1,104,200 $338,700 $765,500
2022 $8,896 $919,800 $288,800 $631,000
2021 $7,758 $773,600 $247,100 $526,500
2020 $7,644 $685,400 $228,400 $457,000
2019 $3,829 $667,100 $226,700 $440,400
2018 $7,220 $666,500 $226,100 $440,400
2017 $7,078 $623,800 $226,100 $397,700
2016 $3,886 $623,800 $226,100 $397,700
2015 $2,261 $188,700 $188,700 $0
2014 $2,261 $188,700 $188,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 124041

Range Association of REALTORS®

APN: 387024500030