$1,410,000
SOLD MAY 29, 2024

8243 Gustafson Rd Cook, MN 55723

4 Beds
4.5 Baths
5,025 Sq Ft
1.2 Acres

Recently Sold

$281 Per Sq Ft

9% Below List Price

283 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Family Room with Fireplace
  • Double Oven
  • Beach Access
  • No HOA
  • Stainless Steel Appliances

About This Home

As of May 2024

SALA architect designed 4 BR/5 bath Lake Vermilion home w/attached 2 stall garage and detached 2 stall garage located on 200' shoreline and 2.7 acres. Main level includes large Great Rm w/fireplace and vaulted ceiling, Chef's kitchen features double wall oven, warming drawer, professional gas cooktop, open kitchen/dining/living area, screened porch and guest suite and large deck. Upper level includes primary suite, 2 bedrooms and bathroom. Large Rec Rm in lower level w/fireplace and bath. Extras include: •auto back up generator • 1 BR guest cabin • Lg wet boathouse w/rail system that can handle 30' boats • good swimming area • Northwest views • home is situated only 30' from water • Located in Wakemup Narrows area, 8 miles from Cook.

Last Agent to Sell the Property

Judd Ludlow

BIC Realty Brokerage Email: markludlow@mac.com Listed on: 08/19/2023

Co-Listed By

Taryn Sandberg

BIC Realty Brokerage Email: markludlow@mac.com

Last Buyer's Agent

Julia Maki

BIC Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,790

Year Built

  • Built in 2009

Lot Details

  • 1.2 Acre Lot
  • Lot Dimensions are 600x200
  • 200 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 2 Car Attached Garage
  • Insulated Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access

Utilities

  • Central Air
  • 200+ Amp Service
  • Well
  • Drilled Well

Community Details

  • No Home Owners Association
  • Ludlows Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 698005000460

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,790

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Well
  • Year Built: 2009
  • Above Grade Finished Sq Ft: 3540
  • Water Body Name: Vermilion
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 44.5x40
  • Attribution Contact: markludlow@mac.com
  • Attribution Contact: markludlow@mac.com
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Partially Finished, Walkout
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 5025
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1485
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • View: Panoramic
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Patio,Screened,Side Porch
  • Lake Acres: 39272
  • LakeChain: N
  • Waterfront Frontage: 200

Garage/Parking

  • Parking Features: Attached Garage, Detached, Asphalt, Finished Garage, Garage Door Opener, Insulated Garage
  • Garage Square Feet: 528

Utilities

  • Heating: Dual
  • Sewer: Tank with Drainage Field
  • Electric: 200+ Amp Service
  • Fuel: Electric
  • Power Company: Lake Country Power

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: St. Louis County
  • SchoolDistrictNumber: 2142
  • SchoolDistrictPhone: 218-749-8130

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 600x200
  • Lot Size Sq Ft: 52272
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 698005000480,698005000960
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Wood Siding

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 698005000460
  • Tax Annual Amount: 13790
  • TaxWithAssessments: 13970.0000

Multi Family

  • WaterfrontFeatures: Lake Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Trancheff Patrick and Trancheff Ellen
Bought by
Laura Trancheff Irrevocable Trust and Trancheff
Current Estimated Value
$1,280,226

Purchase Details

Closed on
Feb 20, 2025
Sold by
Trancheff Laura and Prebarich Laura
Bought by
Trancheff Patrick and Trancheff Ellen

Purchase Details

Listed on
Aug 19, 2023
Closed on
May 29, 2024
Sold by
Jordan John F and Jordan Wendy
Bought by
Trancheff Patrick and Trancheff Ellen
Seller's Agent
Judd Ludlow
BIC Realty
Buyer's Agent
Julia Maki
BIC Realty
List Price
$1,550,000
Sold Price
$1,410,000
Premium/Discount to List
-$140,000
-9.03%
Views
230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.99%

Purchase Details

Closed on
Dec 30, 2010
Sold by
Jordan John F and Jordan Joan K
Bought by
Jordan John F and Jordan Wendy
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $500 None Listed On Document
Quit Claim Deed $500 None Listed On Document
Warranty Deed $1,410,000 None Listed On Document
Warranty Deed $850,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $1,410,000 -9.0% $281 / Sq Ft
04/09/2024 04/09/24 For Sale $1,550,000 +9.9% $308 / Sq Ft
01/24/2024 01/24/24 Off Market $1,410,000 -- --
08/19/2023 08/19/23 For Sale $1,550,000 -- $308 / Sq Ft
Source: NorthstarMLS

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 $12,166 $963,500 $177,700 $785,800
2022 $11,298 $803,500 $149,700 $653,800
2021 $10,086 $734,700 $141,600 $593,100
2020 $10,222 $734,700 $141,600 $593,100
2019 $9,588 $734,700 $141,600 $593,100
2018 $8,810 $713,200 $139,100 $574,100
2017 $8,752 $653,700 $139,100 $514,600
2016 $8,784 $644,100 $129,500 $514,600
2015 $8,404 $644,100 $129,500 $514,600
2014 $8,404 $644,100 $129,500 $514,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6420759

NorthstarMLS

APN: 698005000480