NOT LISTED FOR SALE

8098 State Highway 1 Finland, MN 55603

Estimated Value: $128,000 - $222,000

1 Bed
0.5 Bath
520 Sq Ft
$328/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $119,000 $229 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $776/month

20 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Living Room
  • Wood Siding
  • No HOA
  • Bathroom on Main Level
  • Cabin

About This Home

As of May 2022

Cozy and private! This Amish built cabin is set perfectly on 12.9 acres of beautiful timber, be prepared to meet the local moose population, as well as regular sightings of Bears, Deer, Timber wolves and a strong population of upland game birds. Cabin is completely wired and can be plugged into a generator, Power will be installed along road this spring and has already been scheduled and paid for with Co-Op Light and Power. Buyer can bring service into cabin at their expense - Seller has already paid to have power brought in along private road. Stove and Fireplace both use gas (seller has 100 gal tanks that can be filled).

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 03/21/2022

Last Buyer's Agent

Lavonne Christensen

Odyssey Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $325

Year Built

  • Built in 2019

Lot Details

  • 12.9 Acre Lot

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 520 Sq Ft Home
  • Multi-Level Property
  • Gas Fireplace
  • Living Room
  • Stone Basement

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 0.5 Bathroom

Utilities

  • Heating System Uses Propane
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 20-5800-10920

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Finland, continue North on Hwy 1 for 10 miles (from the babtism river in Finland) Look for Fire Numbers 8100, 8096, and 8098 on the right side of the road. Follow road in and look for Real Estate sign on the left.
  • L O1 Office Phone1 Number: 218-834-2495
  • List Price/ Sq Ft: 228.85
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Total One Quarter Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 520
  • Garage Type: None
  • Heat: Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Bathroom
  • TotalBedrooms: 1
  • Year Built: 2019
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Stone
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 520
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Coop Power & Light
  • Sewer: None
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2022-03-21
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 12.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 20-5800-10920

Tax Info

  • Tax Amount: 324.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
May 27, 2022
Sold by
Lukes Dennis and Lukes Christine
Bought by
Unger James
Seller's Agent
Jon Chapek
Odyssey Real Estate Group
Buyer's Agent
Lavonne Christensen
Odyssey Real Estate Group
List Price
$119,000
Sold Price
$119,000
Current Estimated Value
$135,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,078
Avg. Annual Appreciation
2.95%
Original Mortgage
$118,000
Outstanding Balance
$112,505
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$18,179

Purchase Details

Closed on
Jan 9, 2019
Sold by
Kofstad Nathan W
Bought by
Lukes Dennis J and Lukes Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 11, 2018
Sold by
Kofstad Nathan W
Bought by
Kofstad Natha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Unger James $120,000 --
Lukes Dennis J $17,000 --
Kofstad Natha -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unger James $118,000
Previous Owner Lukes Dennis J $60,000
Previous Owner Lukes Dennis J $23,000
Previous Owner Lukes Dennis J $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Sold $119,000 0.0% $229 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $119,000 -- $229 / Sq Ft
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
2024 $442 $79,000 $34,000 $45,000
2023 $230 $79,100 $34,000 $45,100
2022 $325 $50,400 $28,900 $21,500
2021 $171 $41,200 $25,600 $15,600
2020 $182 $25,300 $25,300 $0
2019 $73 $10,100 $10,100 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jon Chapek

    Odyssey Real Estate Group

    (952) 715-7707

    112 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lavonne Christensen

    Odyssey Real Estate Group

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101758

APN: 20-5800-10920

Minnesota Lake County Finland 55603

8098 State Highway 1, Finland, MN

This home is located at 8098 State Highway 1, Finland, MN 55603 since 21 March 2022 and is currently estimated at $170,531, approximately $327 per square foot. This property was built in 2019. 8098 State Highway 1 is a home located in Lake County with nearby schools including William Kelley Elementary School and William Kelley High 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.

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