Seller's Agent in 2023
Sarah Polovitz
Compass
(612) 743-6801
397 Total Sales
7684, 7681, 7678 Ruttger Rd Pequot Lakes, MN 56472
Estimated Value: $1,492,000 - $2,832,694
10
Beds
11
Baths
12,172
Sq Ft
$178/Sq Ft
Est. Value
Highlights
- 1,350 Feet of Waterfront
- Multiple Garages
- Fireplace in Primary Bedroom
- Beach Access
- Island Location
- Sun or Florida Room
About This Home
As of October 2023Introducing Loon Point, a once in a lifetime opportunity to own 6.27 acres and 1,400+ feet of A-quality frontage on a private peninsula on the Whitefish Chain of Lakes. This majestic property encompasses three log cabins with breathtaking views across three lakes. The stunning Main Cabin boasts three king suites, five bathrooms, four fireplaces and a three-car garage overlooking Lower Whitefish Lake. On the shores of Bertha Lake sits a three bedroom, two bathroom cabin. Nestled on Clamshell Lake, you will find a four bedroom, four bathroom cabin with a two-car garage. Loaded with nostalgia and intricate details throughout, each cabin offers its own kitchen, living, dining and laundry rooms. Amenities include patios for outdoor entertaining, barrel sauna, playhouse, sand beaches, boat house, lakeside viewing decks, docks and boat lifts. The property is Conditional Use Permit approved and transferable. Enjoy panoramic views from sunrise to sunset. First time available to the public.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $29,072
Year Built
- Built in 1996
Lot Details
- 6.27 Acre Lot
- 1,350 Feet of Waterfront
- Lake Front
- Street terminates at a dead end
- Irregular Lot
- Many Trees
- Additional Parcels
Parking
- 5 Car Attached Garage
- Multiple Garages
- Heated Garage
- Driveway
- Guest Parking
Home Design
- Log Siding
Interior Spaces
- 1-Story Property
- Wood Burning Fireplace
- Stone Fireplace
- Gas Fireplace
- Family Room with Fireplace
- 6 Fireplaces
- Great Room
- Living Room with Fireplace
- Dining Room
- Game Room
- Sun or Florida Room
Kitchen
- Built-In Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 10 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Block Basement Construction
- Natural lighting in basement
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Water Filtration System
- Well
- Water Softener is Owned
Additional Features
- Beach Access
- Island Location
Community Details
- No Home Owners Association
- Loon Point Rep Subdivision
Listing and Financial Details
- Assessor Parcel Number 68176001002Z009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2023
Closed on
Nov 3, 2023
Sold by
County Of Crow Wing
Bought by
Bergeson Katie and Bergeson Erik
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Debra Flam
Edina Realty, Inc.
List Price
$5,500,000
Sold Price
$5,500,000
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,337,653
Avg. Annual Appreciation
-37.15%
Original Mortgage
$2,100,000
Outstanding Balance
$2,062,014
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$100,333
Purchase Details
Listed on
Aug 8, 2023
Closed on
Oct 27, 2023
Sold by
Loon Point Holdings Llc
Bought by
Bergeson Erik and Bergerson Katie
Seller's Agent
Sarah Polovitz
Compass
Buyer's Agent
Debra Flam
Edina Realty, Inc.
List Price
$5,500,000
Sold Price
$5,500,000
Views
25
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Outstanding Balance
$2,062,014
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$100,333
Purchase Details
Closed on
Dec 9, 2019
Sold by
Loon Point Llc
Bought by
Loon Point Holdings Llc
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergeson Katie | -- | -- | |
| Bergeson Erik | $3,000,000 | -- | |
| Loon Point Holdings Llc | $3,813,500 | Land Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergeson Erik | $2,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $5,500,000 | 0.0% | $452 / Sq Ft |
| 09/07/2023 09/07/23 | Pending | -- | -- | -- |
| 08/29/2023 08/29/23 | Off Market | $5,500,000 | -- | -- |
| 08/22/2023 08/22/23 | For Sale | $5,500,000 | -- | $452 / Sq Ft |
Source: NorthstarMLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $18,464 | $3,518,100 | $1,781,000 | $1,737,100 |
| 2024 | $15,312 | $3,180,700 | $1,625,900 | $1,554,800 |
| 2023 | $14,766 | $2,900,500 | $1,433,200 | $1,467,300 |
| 2022 | $18,064 | $2,511,700 | $1,081,100 | $1,430,600 |
| 2021 | $19,632 | $2,373,700 | $953,300 | $1,420,400 |
| 2020 | $21,460 | $2,225,700 | $884,200 | $1,341,500 |
| 2019 | $18,932 | $2,428,300 | $884,000 | $1,544,300 |
| 2018 | $18,280 | $2,102,300 | $828,800 | $1,273,500 |
| 2017 | $18,688 | $2,024,600 | $829,000 | $1,195,600 |
| 2016 | $16,184 | $1,735,400 | $776,500 | $958,900 |
| 2015 | $14,830 | $1,575,700 | $637,100 | $938,600 |
| 2014 | $7,662 | $1,577,800 | $630,900 | $946,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Polovitz
-
Al Anderson
Seller Co-Listing Agent in 2023
Al Anderson
Compass
(651) 802-0271
319 Total Sales
-
Debra Flam
Buyer's Agent in 2023
Debra Flam
Edina Realty, Inc.
(218) 821-7229
44 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6397546
APN: 68176001002Z009
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