NOT LISTED FOR SALE

7632 Nelson Rd Crane Lake, MN 55725

Estimated Value: $2,071,000 - $2,670,049

11 Acres
$215,502 Price per Acre
479,160 Sq Ft Lot

Last Sold February 26, 2021

Last sale price $230,000

Est. 931% increase in value since last sale

Current estimated payment $14,524/month

532 Days on Market

About This Lot

As of February 2021

645 feet of waterfront and over 10 acres you can drive your vehicle to. Seldom do you see parcels the large available on Crane Lake. Varied elevation will give you many building site options among the large pines. Crane Lake is the Southern entry to the Voyageurs National Park, Western entry to the Boundary Waters Canoe Area and an entry to Canada. This land has been in the family for a couple generations and well cared for. The property lines have been marked so it will be easy to walk through the forest or if you boat along the shore you should see the property corners. Forest Service land is across the water going you large timber and exposed rock ridges. Don’t walk on the old docks if you go by boat to the land.

Last Agent to Sell the Property

Raymond Ingebretsen

Re/Max Lake Country License #40744576 Listed on: 07/31/2019

Re/Max Lake Country

Last Buyer's Agent

Raymond Ingebretsen

Re/Max Lake Country License #40744576 Listed on: 07/31/2019

Re/Max Lake Country

Property Details

Property Type

  • Land

Lot Details

  • 11 Acre Lot
  • Lot Dimensions are 750 x 645
  • 645 Feet of Lake Waterfront
  • Lake Front
  • Level Lot
  • Irregular Lot
  • Property is zoned SMU7

Property Details

Property Type

Land

Lot Details

11 Acres

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 07/31/2019
  • Type: Waterfront
  • Lot Size Length: 750
  • Lot Size Width: 645
  • Lake Frontage: 645
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Crane Lake
  • Waterfront: 1 - Lake

Lot Info

  • Number Of Acres: 11
  • Zoning: SMU7
  • Topography: Level

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Pohlman Family Limited Partnership
Bought by
Bystrom Bradley J and Rolfson Tonja J
Current Estimated Value
$2,370,525

Purchase Details

Closed on
Mar 31, 2011
Sold by
Pohlman Family Limited Partnership
Bought by
Bystrom Bradley J and Rolfson Tonja J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,288
Interest Rate
4.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 4, 2002
Sold by
Lofquist Jerome A and Lofquist Mary Anne
Bought by
Meehan Thomas P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bystrom Bradley J $3,000 --
Bystrom Bradley J $350,000 None Available
Meehan Thomas P $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bystrom Bradley J $249,288
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2021 02/26/21 Sold $230,000 0.0% --
01/13/2021 01/13/21 Pending -- -- --
08/25/2020 08/25/20 Price Changed $230,000 -8.0% --
07/31/2019 07/31/19 For Sale $250,000 -- --
Source: Range Association of REALTORS®

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 $27,742 $1,946,400 $1,077,400 $869,000
2023 $27,742 $1,964,000 $1,080,400 $883,600
2022 $17,698 $1,828,100 $990,200 $837,900
2021 $18,782 $1,607,400 $842,600 $764,800
2020 $19,032 $1,654,000 $835,800 $818,200
2019 $18,284 $1,654,000 $835,800 $818,200
2018 $18,484 $1,654,000 $835,800 $818,200
2017 $19,388 $1,654,000 $835,800 $818,200
2016 $20,908 $1,719,200 $901,000 $818,200
2014 $20,906 $1,757,600 $929,600 $828,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 137907

Range Association of REALTORS®

APN: 308003003250

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