NOT LISTED FOR SALE

8685 Norwegian Bay N Cook, MN 55723

Estimated Value: $151,000 - $587,000

6.07 Acres
$53,713 Price per Acre
264,409 Sq Ft Lot

Last Sold May 07, 2021

Last sale price $98,500

Est. 231% increase in value since last sale

Current estimated payment $1,913/month

About This Lot

As of May 2021

Gorgeous Lake Vermilion lot at the beginning of Norwegian Bay with towering pines. This 6 acre lot has 230' of shoreline with electrical nearby. Lot features southern exposure with breath-taking views of Wakemup Bay. Close to excellent fishing and just a 10 minutes boat ride from the mainland. Boat access only. Includes small boathouse. Great starting point for your Lake Vermilion cabin.

Last Agent to Sell the Property

Julia Maki

B.I.C. Realty License #40377638 Listed on: 06/03/2020

Last Buyer's Agent

Julia Maki

B.I.C. Realty License #40377638 Listed on: 06/03/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,524

Lot Details

  • 6.07 Acre Lot
  • Lot Dimensions are 1,330 x 230
  • 230 Feet of Lake Waterfront
  • Lake Front
  • Irregular Lot
  • Lot Has A Rolling Slope

Outdoor Features

  • Boat Access Only

Property Details

Property Type

Land

Est. Annual Taxes

$1,524

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Irregular Lot Size: Yes
  • Lvt Date: 06/03/2020
  • Real Estate Tax: $1524
  • Type: Waterfront
  • Dnr Lake Id Number: 69037800
  • Lot Size Length: 1330
  • Lot Size Width: 230
  • Lake Frontage: 230
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Name: Vermilion
  • Waterfront: 1 - Lake

Schools

  • School District: St.Louis County

Lot Info

  • Number Of Acres: 6.07
  • Zoning: res
  • Land Description: rolling, water access only
  • Topography: Boat Access Only, Rolling

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
May 7, 2021
Sold by
Bailey Cynthia S
Bought by
Marshall Casey D and Marshall Erica L
Seller's Agent
Julia Maki
B.I.C. Realty
Buyer's Agent
Julia Maki
B.I.C. Realty
List Price
$129,900
Sold Price
$98,500
Premium/Discount to List
-$31,400
-24.17%
Current Estimated Value
$326,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,536
Avg. Annual Appreciation
31.02%
Original Mortgage
$78,800
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 16, 2007
Sold by
Bailey Cynthia S and Mattson Philip M
Bought by
Bailey Cynthia S
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
Marshall Casey D $98,500 All American Title Company
Bailey Cynthia S -- None Available
Marshall Casey Casey $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marshall Casey D $78,800
Closed Marshall Casey Casey $78,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2021 05/07/21 Sold $98,500 -1.5% --
03/27/2021 03/27/21 Pending -- -- --
09/26/2020 09/26/20 Price Changed $99,999 -13.7% --
07/08/2020 07/08/20 Price Changed $115,900 -10.8% --
06/03/2020 06/03/20 For Sale $129,900 -- --
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 $2,214 $112,200 $109,000 $3,200
2022 $1,154 $112,200 $109,000 $3,200
2021 $1,506 $119,300 $115,900 $3,400
2020 $1,524 $119,300 $115,900 $3,400
2019 $1,414 $119,300 $115,900 $3,400
2018 $1,402 $112,800 $109,600 $3,200
2017 $1,298 $112,800 $109,600 $3,200
2016 $1,310 $103,200 $100,000 $3,200
2015 $1,521 $103,200 $100,000 $3,200
2014 $1,521 $114,800 $111,400 $3,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Range Association of REALTORS®

MLS Number: 139543

Range Association of REALTORS®

APN: 250002002010