NOT LISTED FOR SALE

8508 Arola Rd Angora, MN 55703

Estimated Value: $169,000 - $383,181

3 Beds
1 Bath
1,152 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $170,500 $148 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,357/month

13 Days on Market

Highlights

  • 20 Acre Lot
  • 2 Car Detached Garage
  • 1-Story Property
  • No HOA
  • Bathroom on Main Level

About This Home

As of April 2024

Three bedroom, one bath split entry home on twenty acres! New septic sized for a four bedroom home, new propane forced air furnace, and the rest of the sweat equity is up to you and your imagination!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,118

Year Built

  • Built in 1979

Lot Details

  • 20 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Concrete Foundation
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 215-0010-05240

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,118

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 53 to Hannula Rd to Arola Rd to property.
  • L O1 Office Phone1 Number: 218-740-3116
  • List Price/ Sq Ft: 148
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1152
  • Garage Type: Detached
  • Heat: Natural Gas, Propane
  • MainFloorBath: Yes
  • TotalBedrooms: 3
  • Year Built: 1979
  • Property Style: Split Entry/Foyer
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1152

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2024-03-07
  • Estimated Lot Dimensions: 1400 x 630 x irr
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 215-0010-05240

Rental Info

  • Lease Terms: Cash, Other

Tax Info

  • Tax Amount: 1118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2024
Closed on
Apr 16, 2024
Sold by
Federal National Mortgage Assn and Fannie Mae
Bought by
Ferguson Christopher
List Price
$170,500
Sold Price
$170,500
Total Days on Market
13
Views
2
Current Estimated Value
$228,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,045
Avg. Annual Appreciation
29.60%
Original Mortgage
$136,000
Outstanding Balance
$134,586
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$93,959

Purchase Details

Closed on
Jul 14, 2023
Sold by
Mae Fannie
Bought by
Honsey Blair

Purchase Details

Closed on
Nov 23, 2021
Sold by
Fidelity Bank Na
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 18, 2021
Sold by
Perkio Sean S and Cook Area Credit Union
Bought by
Fidelity Bank Na and Fidelity Bank

Purchase Details

Closed on
Dec 15, 2011
Sold by
Perkio Patricia L
Bought by
Perkio Sean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2011
Sold by
Perkio Jodi and Perkio Sean
Bought by
Perkio Patricia L

Purchase Details

Closed on
May 4, 2009
Sold by
Perkio Dennis J and Perkio Patricia L
Bought by
Perkio Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,000
Interest Rate
3.68%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ferguson Christopher $170,500 None Listed On Document
Honsey Blair -- Lawyers Title
Federal National Mortgage Association -- None Listed On Document
Fidelity Bank Na -- None Available
Perkio Sean S $163,000 None Available
Perkio Patricia L -- None Available
Perkio Dennis J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Christopher $136,000
Previous Owner Perkio Sean S $120,000
Previous Owner Perkio Dennis J $246,000
Previous Owner Perkio Dennis J $43,900
Previous Owner Perkio Dennis J $25,000
Previous Owner Perkio Dennis J $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $170,500 0.0% $148 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
03/05/2024 03/05/24 For Sale $170,500 -- $148 / 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
2023 $884 $153,900 $42,400 $111,500
2022 $1,076 $148,900 $42,400 $106,500
2021 $958 $132,500 $42,400 $90,100
2020 $914 $122,900 $34,600 $88,300
2019 $876 $118,100 $33,600 $84,500
2018 $886 $118,100 $33,600 $84,500
2017 $912 $118,100 $33,600 $84,500
2016 $966 $118,100 $33,600 $84,500
2015 $927 $95,400 $29,800 $65,600
2014 $927 $95,400 $29,800 $65,600
Source: Public Records

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112551

APN: 215001005240

Minnesota St Louis County Angora 55703

8508 Arola Rd, Angora, MN

This home is located at 8508 Arola Rd, Angora, MN 55703 since 05 March 2024 and is currently estimated at $228,545, approximately $198 per square foot. This property was built in 1979. 8508 Arola Rd is a home located in St. Louis County with nearby schools including North Woods Elementary School.

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