$50,000
SOLD JUL 2, 2025

7508 Trapper Trail Eveleth, MN 55734

17.08 Acres
$2,927 Price per Acre
744,005 Sq Ft Lot

Recently Sold

29% Below List Price

19 Days on Market

Highlights

  • 17.08 Acre Lot
  • Property is near a preserve or public land
  • Level Lot
  • No HOA
  • Many Trees

About This Lot

As of July 2025

Just south of Eveleth, MN! You must see in person! 17.08 acres of land with two buildings and easy access with good road and driveway. Cedar and pine forested land with mild slope, builds and flat yard. Well-used deer trails (and I saw grouse) right behind the shop. Shop (24 x 31) in good condition with foundation, wood stove, ceiling and enclosed attic with access door, lots of good work benches and storage. Also, a small room in the back with a window was used as a kitchen area. Old store (26 x 32) needs repairs, so selling as you see it. Old signposts hidden in some trees between the buildings and the highway. Could be a great hunting cabin or look into the possibilities of a home or a store again. Old septic and well, not used for years, seller never lived there so knows very little about the mechanics of the place. Well access in lean-to on the store. The seller says there is good water in the area...Possible Artesian Well. 15-minute drive to Eveleth, just south of Timber Edge Bar and Grill on 16, Half Moon Lake and just north of Pork's Building Center. Priced to sell, so have a showing now, before it's gone.

Last Agent to Sell the Property

Joycanne Hoyem

Edmunds Company, LLP Listed on: 03/26/2025

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $800

Lot Details

  • 17.08 Acre Lot
  • Property fronts a highway
  • Street terminates at a dead end
  • Level Lot
  • Unpaved Streets
  • Many Trees

Parking

  • Gravel Driveway

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Property Details

Property Type

Land

Est. Annual Taxes

$800

Lot Details

0

Listing Details

  • Estimated Wooded Acres: 16
  • Class: LOT/LAND
  • Directions: Hwy 53 at mile marker 51, west side of highway and south side of Trappers Trail Rd.
  • L O1 Office Phone1 Number: 218-724-7900
  • List Price/ Sq Ft: 2927.4
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: Recreational
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Dead End/No Outlet, Unpaved, County, Highway

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Electric, Private Septic, Private Well
  • On Site Utilities: Electric, Private Septic, Private Well

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Eveleth-Gilbert #2154
  • Junior High Dist: Eveleth-Gilbert #2154

Lot Info

  • Geo Update Timestamp: 2025-03-27
  • Estimated Lot Dimensions: 545 x 1326 x 640 x 1328 (=-)
  • Estimated Number of Acres: 17.08
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: Yes
  • Lot Description: Tree Coverage - Heavy, Level

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Aug 4, 2025
Sold by
Mattson Eric W
Bought by
Mattson Judith A
Seller's Agent
Joycanne Hoyem
Edmunds Company, LLP
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Views
63
Current Estimated Value
$125,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,299
Avg. Annual Appreciation
2275.66%
Original Mortgage
$35,000
Outstanding Balance
$34,509
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$90,790

Purchase Details

Listed on
Mar 26, 2025
Closed on
Jul 2, 2025
Sold by
Mattson Judith A
Bought by
Gibeau Patrick and Gibeau Danielle
Seller's Agent
Joycanne Hoyem
Edmunds Company, LLP
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$70,000
Sold Price
$50,000
Premium/Discount to List
-$20,000
-28.57%
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$34,509
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$90,790

Purchase Details

Closed on
Nov 18, 2015
Sold by
Mattson Melvin R and Mattson Judith A
Bought by
Mattson Melvin R and Mattson Judith A
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 Type Sale Price Title Company
Quit Claim Deed $500 First American Title
Warranty Deed $50,000 First American Title
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $35,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2025 07/02/25 Sold $50,000 -16.7% --
04/14/2025 04/14/25 Pending -- -- --
04/07/2025 04/07/25 Price Changed $60,000 -14.3% --
03/26/2025 03/26/25 For Sale $70,000 -- --
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
2023 $800 $80,600 $43,700 $36,900
2022 $745 $69,600 $37,400 $32,200
2021 $800 $61,400 $28,800 $32,600
2020 $724 $58,400 $28,800 $29,600
2019 $706 $58,400 $28,800 $29,600
2018 $756 $58,400 $28,800 $29,600
2017 $538 $61,800 $28,800 $33,000
2016 $540 $43,500 $25,600 $17,900
2015 $568 $43,500 $25,600 $17,900
2014 $497 $41,500 $24,700 $16,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6118359

APN: 690001002465