V
Seller's Agent in 2025
Virginia Detrick Palmer
Coldwell Banker North Shore
(218) 387-2131
227 Total Sales
815 Otter Lake Rd Hovland, MN 55606
2
Beds
2
Baths
2,375
Sq Ft
40
Acres
Highlights
- Private Waterfront
- Arena
- Panoramic View
- Barn
- Garage Apartment
- Heated Floors
About This Home
As of August 2025Welcome to your own island of peace and tranquility, 40 secluded acres surrounded by public property, offering unmatched privacy and a true connection to nature. This off-grid haven features a beautifully crafted two-bedroom, two-bath home built with exquisite timber framing and energy-efficient structural insulated panels. An efficient and reliable operational system powers all the modern conveniences including Wi-Fi, denying the fact that this place is totally off-grid. Take in the breathtaking view of the Swamp River valley from the spacious living and dining areas. Open the windows or relax on the deck to enjoy the soothing sounds of the river and the songs of local birds. An ample room with patio door to the deck and windows all around potentially serves as hobby space, den, studio, office, you name it. The kitchen is warm and welcoming, featuring rich hardwood cabinetry and an abundance of natural light. Adjacent to it, a walk-in pantry connects to the main-floor laundry, which also opens to the main entry. A 3⁄4 bath and generous storeroom complete the main floor. At the top of the stairs is a great space for lounging or exercise equipment. The spacious primary suite includes a walk-in closet, a private bathroom, and those same spectacular valley views. A second bedroom, currently used as an office, offers additional flexible space. Outdoors, a two-stall garage/carriage house includes workshop space and solar battery storage. The upper level is ready to be finished into a separate living space, with plans for a kitchen, bath, and balcony with patio doors. Equestrians and hobby farmers will appreciate the well-equipped barn, which offers two more garage bays, horse stalls, hay storage, and a large, fenced arena. Explore your own network of trails or easily access nearby wilderness adventures on the Superior Hiking Trail and the Border Route Trail. Property is in close proximity to some spectacular BWCA access points, snowmobile & atv trails, many fishing lakes, biking trails - there are endless recreational options!
Last Agent to Sell the Property
Coldwell Banker North Shore Listed on: 06/03/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,850
Year Built
- Built in 2005
Lot Details
- 40 Acre Lot
- Lot Dimensions are 1475' x 1180'
- Private Waterfront
- 50 Feet of Waterfront
- River Front
- Elevated Lot
- Lot Has A Rolling Slope
- Unpaved Streets
- Landscaped with Trees
Home Design
- Post and Beam
- Traditional Architecture
- Structural Insulated Panel System
- Asphalt Shingled Roof
- Stone Exterior Construction
Interior Spaces
- 2,375 Sq Ft Home
- 2-Story Property
- Woodwork
- Beamed Ceilings
- Vaulted Ceiling
- 2 Fireplaces
- Free Standing Fireplace
- Wood Frame Window
- Entrance Foyer
- Combination Dining and Living Room
- Bonus Room
- Storage Room
- Panoramic Views
- Range
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Parking
- 4 Car Detached Garage
- Garage Apartment
- Heated Garage
- Insulated Garage
- Gravel Driveway
Eco-Friendly Details
- Energy-Efficient Windows
- Air Exchanger
Outdoor Features
- Deck
- Storage Shed
- Rain Gutters
Utilities
- Baseboard Heating
- Hot Water Heating System
- Boiler Heating System
- Heating System Uses Wood
- Private Water Source
- Drilled Well
- Gas Water Heater
- Mound Septic
- Private Sewer
Additional Features
- Property is near a forest
- Barn
- Arena
Community Details
- No Home Owners Association
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 56-427-3300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2017
Closed on
Feb 20, 2018
Sold by
Osking Thomas M
Bought by
Closson Jon D and Closson Melody A
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$160,000
Sold Price
$160,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.23%
Original Mortgage
$112,000
Outstanding Balance
$96,452
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$368,307
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $160,000 | Attorney Only |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $112,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $469,900 | 0.0% | $198 / Sq Ft |
| 07/02/2025 07/02/25 | Pending | -- | -- | -- |
| 06/03/2025 06/03/25 | For Sale | $469,900 | +193.7% | $198 / Sq Ft |
| 03/07/2018 03/07/18 | Sold | $160,000 | 0.0% | $67 / Sq Ft |
| 12/13/2017 12/13/17 | Pending | -- | -- | -- |
| 12/08/2017 12/08/17 | For Sale | $160,000 | +14.3% | $67 / Sq Ft |
| 08/09/2013 08/09/13 | Sold | $140,000 | -24.3% | $63 / Sq Ft |
| 07/31/2013 07/31/13 | Pending | -- | -- | -- |
| 06/19/2013 06/19/13 | For Sale | $184,900 | -- | $83 / Sq Ft |
Source: Lake Superior Area REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $1,850 | $361,702 | $45,764 | $315,938 |
| 2023 | $18 | $326,474 | $42,055 | $284,419 |
| 2022 | $1,234 | $299,047 | $33,688 | $265,359 |
| 2021 | $1,138 | $172,171 | $32,998 | $139,173 |
| 2020 | $978 | $162,143 | $32,901 | $129,242 |
| 2019 | $1,984 | $142,252 | $39,211 | $103,041 |
| 2018 | $3,164 | $216,700 | $41,600 | $175,100 |
| 2017 | $2,424 | $399,357 | $62,873 | $336,484 |
| 2016 | $1,866 | $341,800 | $62,300 | $279,500 |
| 2015 | $1,762 | $327,300 | $66,900 | $260,400 |
| 2014 | $2,390 | $330,400 | $66,900 | $263,500 |
| 2012 | -- | $464,800 | $81,000 | $383,800 |
Source: Public Records
Agents Affiliated with this Home
-
Virginia Detrick Palmer
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6119796
APN: 56-427-3300
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