NOT LISTED FOR SALE

7404 Frazer Bay Rd Cook, MN 55723

Estimated Value: $960,000 - $1,298,144

2.6 Acres
$430,531 Price per Acre
113,256 Sq Ft Lot

Last Sold October 23, 2020

Last sale price $360,000

Est. 211% increase in value since last sale

Current estimated payment $6,690/month

About This Lot

As of October 2020

Road access Lake Vermilion lot awaiting your "dream home or cabin". This wooded lot is ready for the next step. Improvements to the property include winding driveway to proposed building site, drilled well, electricity, "one of a kind" cedar paneled outhouse/storage building, dock and survey. 2.6 acre lot with 220' lksh. Great "big water" and "island studded" lake view of Frazer Bay. Ideal location in the central part of Lake Vermilion, 15 minutes to Cook or Tower. Year around road access. Ideal site to use with an RV now and build your dream cabin/home in the future. A must see!

Last Agent to Sell the Property

Taryn Sandberg

B.I.C. Realty License #20549366 Listed on: 11/21/2019

Last Buyer's Agent

Barbara Hegg

Vermilion Land Office Inc License #20052250

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,228

Lot Details

  • 2.6 Acre Lot
  • Lot Dimensions are 449 x 231
  • 220 Feet of Lake Waterfront
  • Lake Front
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Property is zoned RES-8

Utilities

  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$2,228

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 11/21/2019
  • Real Estate Tax: 2228.00
  • Type: Waterfront
  • Dnr Lake Id Number: 690378
  • Lot Size Length: 449
  • Lot Size Width: 231
  • Lake Frontage: 220
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Vermilion
  • Waterfront: 1 - Lake

Utilities

  • Utilities: Electricity, Well

Schools

  • School District: St.Louis County

Lot Info

  • Number Of Acres: 2.6
  • Zoning: RES-8
  • Improvements: Dock, Drive Way
  • Land Description: Sloped from county road to lakeshore allowing great lake views.
  • Topography: Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Oct 23, 2020
Sold by
Muhich Mark M and Muhich Denise A
Bought by
Chastanet Daniel John and Chastanet Traci Larae
Seller's Agent
Taryn Sandberg
B.I.C. Realty
Buyer's Agent
Barbara Hegg
Vermilion Land Office Inc
List Price
$382,500
Sold Price
$360,000
Premium/Discount to List
-$22,500
-5.88%
Current Estimated Value
$1,119,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,381
Avg. Annual Appreciation
25.53%

Purchase Details

Closed on
Apr 6, 2020
Sold by
Muhich Mark M and Muhich Denise A
Bought by
Muhich Revocable Trust

Purchase Details

Closed on
Oct 19, 2012
Sold by
Ludlow Judd Mark and Ludlow Sally Anne
Bought by
Muhich Mark M and Muhich Denise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
2.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chastanet Daniel John $360,000 None Available
Muhich Revocable Trust -- None Available
Muhich Mark M $189,500 Ne Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muhich Mark M $109,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $360,000 -5.9% --
09/30/2020 09/30/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $382,500 -- --
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 $8,984 $958,900 $358,600 $600,300
2022 $3,107 $799,300 $304,400 $494,900
2021 $2,542 $301,400 $255,200 $46,200
2020 $2,202 $239,400 $234,900 $4,500
2019 $2,228 $211,500 $207,400 $4,100
2018 $2,266 $213,500 $209,400 $4,100
2017 $2,240 $213,100 $209,400 $3,700
2016 $2,292 $213,100 $209,400 $3,700
2015 $49 $198,300 $198,300 $0
2014 $49 $4,800 $4,800 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Taryn Sandberg

    B.I.C. Realty

    (218) 780-1062

    155 Total Sales

    Taryn Sandberg
    Section Image
  • Barbara Hegg

    Buyer's Agent in 2020

    Barbara Hegg

    Vermilion Land Office Inc

    (218) 742-2369

    195 Total Sales

    Barbara Hegg
    Section Image
See All Agents

Map

Source: Range Association of REALTORS®

MLS Number: 138635

Range Association of REALTORS®

APN: 387003101370

Minnesota St Louis County Cook 55723

7404 Frazer Bay Rd, Cook, MN

This home is located at 7404 Frazer Bay Rd, Cook, MN 55723 since 21 November 2019 and is currently estimated at $1,119,381. 7404 Frazer Bay Rd 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.

Nearby Homes