NOT LISTED FOR SALE

7726 Murphy Lake Rd Eveleth, MN 55734

Estimated Value: $502,000 - $623,000

2 Beds
3 Baths
2,260 Sq Ft
$249/Sq Ft Est. Value

Last Sold March 03, 2021

Last sale price $420,000 $186 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,672/month

150 Days on Market

Highlights

  • Heated Floors
  • Covered patio or porch
  • Wood Burning Fireplace
  • Deck
  • Water Softener

About This Home

As of March 2021

Stunning Log Home Set Back Off Highway 53 On Secluded Murphy Lake, Level Lot With 206 Ft South Facing Shoreline, Sandy Swimming, Just 10 Minutes To Eveleth & Virginia, 20 To Hibbing, 45 To Duluth. One owner home built 1995, 2,260 SF, 2B/2B home, 2 stall gar w/yr rnd apt above, guest cabin(s) at waters edge. Vaulted great room w/fireplace & floor-ceiling glass lakeside open to wrap around deck. Custom kitchen w/sit around center island open to great rm & water view. Luxurious main flr master suite. Main flr laundry. Spacious loft w/bth & room for at least 2 beds. At waters edge, 2 old fashioned guest cabins, 1 used as a workshop. Coverd entry, open yard for activities, drilled well, high speed internet, economical to heat. Click link for 3D Tour!

Last Agent to Sell the Property

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 08/03/2020

Last Buyer's Agent

Lisa Janisch

Janisch Realty Inc License #40298563 Listed on: 08/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 1995

Lot Details

  • 3 Acre Lot
  • Irregular Lot

Home Design

  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 2,260 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Heated Floors

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Laundry

  • Electric Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Heating System Uses Gas
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic System
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 690-0010-04712

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,374

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: Residential
  • Construction: Log
  • Guttering: Yes
  • Heat: Gas, In-Floor, Hot Water
  • Irregular Lot Size: Yes
  • Lvt Date: 08/03/2020
  • Main Level Bathrooms: 2
  • Number Of Bedrooms: 2
  • Parcel Code Number: 690-0010-04712
  • Patioporch: Deck, Porch, Covered
  • Real Estate Tax: 4374.00
  • Style: 2 Story
  • Total Above Grade Sq Ft: 2260
  • Type: Residential
  • Upper Level Bedrooms: 1
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Finished Sq Ft: 2260
  • Bedroom 1: Size: 29x11, On Level: Main
  • Total Bathrooms: 3
  • Appliances: Electric Range, Garage Opener, Garbage Disposal, Hood, Microwave, Refrigerator, Water Softener, Washer, Elec. Dryer
  • Basement: Slab
  • Bedroom 2: Size: 14.5x12, On Level: Upper
  • Bedroom 3: Size: 10.5x9, On Level: Main
  • Dining Room: Size: 10.5x9.5, On Level: Main
  • Fireplace: 1 Fireplace, Wood Burning
  • Kitchen: Size: 10.5x8, On Level: Main
  • Living Room: Size: 17.5x16.5, On Level: Main
  • Main Level Bedrooms: 1
  • Main Level Sq Ft: 1760
  • Other Room 2: Laundry, Size: 9.5x5, On Level: Main
  • Rec Room: Size: 30.5x12, On Level: Main
  • Upper Level Sq Ft: 500

Exterior Features

  • Exterior: Log
  • Roof: Asphalt, Shingle

Garage/Parking

  • Garage: 2 Stalls
  • Garage Capacity: 2
  • Garage Size: 30x24

Utilities

  • Utilities: Septic, Well, Telephone
  • Water Heater: Electric

Schools

  • School District: Eveleth/Gilbert

Lot Info

  • Lot Size: Dimensions: 750x200
  • Number Of Acres: 3
  • Zoning: RES

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Feb 26, 2021
Sold by
Bonach Louise
Bought by
Babcock Chris E and Babcock Deirdre Denise
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Current Estimated Value
$561,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,894
Avg. Annual Appreciation
8.81%
Original Mortgage
$420,000
Outstanding Balance
$382,441
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$227,997

Purchase Details

Listed on
Aug 3, 2020
Closed on
Feb 19, 2021
Sold by
Bonach Joseph Valentine
Bought by
Bonach Louise
Seller's Agent
Lisa Janisch
Janisch Realty Inc
Buyer's Agent
Lisa Janisch
Janisch Realty Inc
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$382,441
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$227,997

Purchase Details

Closed on
Dec 23, 2015
Sold by
Bonach Eric James
Bought by
Bonach Joseph Valentine and Bonach Louise

Purchase Details

Closed on
Dec 4, 2009
Sold by
Bonach Joseph Valentine and Bonach Louise
Bought by
Bonach Eric James
Source: Public Records

Range of Values:

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Average Value
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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
Babcock Chris E $420,000 None Available
Bonach Joseph Valentine -- Attorney
Bonach Eric James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Chris E $420,000
Previous Owner Bonach Joseph $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2021 03/03/21 Sold $420,000 -1.2% $186 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/26/2020 12/26/20 For Sale $424,900 0.0% $188 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $424,900 -- $188 / Sq Ft
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 $6,812 $535,100 $158,900 $376,200
2022 $4,732 $479,300 $132,400 $346,900
2021 $4,342 $398,200 $63,500 $334,700
2020 $4,374 $366,100 $63,500 $302,600
2019 $4,248 $366,100 $63,500 $302,600
2018 $4,310 $366,100 $63,500 $302,600
2017 $3,304 $366,200 $63,600 $302,600
2016 $3,318 $292,100 $45,500 $246,600
2015 $3,508 $285,500 $44,500 $241,000
2014 $3,195 $285,500 $44,500 $241,000
Source: Public Records

Agents Affiliated with this Home

  • Lisa Janisch

    Seller's Agent in 2021

    Lisa Janisch

    Janisch Realty Inc

    (218) 780-6644

    326 Total Sales

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Map

Source: Range Association of REALTORS®

MLS Number: 139984

Range Association of REALTORS®

APN: 690001004712

Minnesota St Louis County Eveleth 55734

7726 Murphy Lake Rd, Eveleth, MN

This home is located at 7726 Murphy Lake Rd, Eveleth, MN 55734 since 03 August 2020 and is currently estimated at $561,894, approximately $248 per square foot. This property was built in 1995. 7726 Murphy Lake Rd is a home located in St. Louis County with nearby schools including South Ridge 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.

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