Seller's Agent in 2023
Barbara Hegg
Vermilion Land Office, Inc
(218) 742-2369
194 Total Sales
Estimated Value: $434,000 - $519,000
2
Beds
1
Bath
738
Sq Ft
$656/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Beach Access
- Bay View
- Docks
- Guest House
- Deck
About This Home
As of June 2023Escape to your own private retreat on Lake Vermilion! This beautiful water access cabin offers stunning southern exposure and is surrounded by towering pines, creating a peaceful & secluded setting. The charming 2 BR cabin features open design, 2 bedrooms, bathroom, cedar siding, T&G Knotty Pine, & a large deck, perfect for enjoying the serene surroundings. But that's not all - this property also includes a 2 BR guest cabin with a 18X18 Master BR & bathroom, providing ample space for family & friends to join in on the fun. Enjoy spectacular lake views from both cabins and take advantage of the convenient 10-minute boat ride to Norwegian Bay North where you'll find great fishing &boating opportunities. If you're seeking a weekend getaway, this property offers the perfect blend of natural beauty, 7+acres and 235 FT of lakeshore, comfort and convenience. Sold furnished, two docks, two lifts. Don't miss out on this incredible opportunity to own your own piece of paradise on Lake Vermilion! Seller Taking Back-Up Offers.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,165
Year Built
- Built in 1996
Lot Details
- 7.65 Acre Lot
- Lot Dimensions are 1500 x200
- Private Waterfront
- 235 Feet of Waterfront
- Lake Front
- Landscaped with Trees
Property Views
- Bay
- Lake
Home Design
- Concrete Foundation
- Wood Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 738 Sq Ft Home
- 1-Story Property
- Woodwork
- Paneling
- Gas Fireplace
- Living Room
- Combination Kitchen and Dining Room
- Washer and Dryer Hookup
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathroom on Main Level
- 1 Bathroom
Basement
- Partial Basement
- Crawl Space
Parking
- No Garage
- No Driveway
Outdoor Features
- Beach Access
- Docks
- Deck
- Storage Shed
Additional Homes
- Guest House
Utilities
- Heating System Uses Propane
- Baseboard Heating
- Private Water Source
- Electric Water Heater
- Mound Septic
- Private Sewer
Community Details
- No Home Owners Association
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 250-0020-02012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2023
Closed on
Jun 13, 2023
Sold by
Koch Robert N and Koch Kathleen M
Bought by
Akre Jeffrey and Akre Brianna
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,063
Avg. Annual Appreciation
5.77%
Original Mortgage
$340,000
Outstanding Balance
$330,657
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$153,406
Purchase Details
Closed on
Jun 8, 2021
Sold by
Koch Robert N and Koch Kathleen M
Bought by
Koch Robert N and Koch Kathleen M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Akre Jeffrey | $425,000 | Northeast Title Company | |
| Koch Robert N | -- | None Listed On Document | |
| Koch Robert N | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Akre Jeffrey | $340,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/16/2023 06/16/23 | Sold | $425,000 | 0.0% | $576 / Sq Ft |
| 04/06/2023 04/06/23 | Pending | -- | -- | -- |
| 03/22/2023 03/22/23 | For Sale | $425,000 | -- | $576 / 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 |
|---|---|---|---|---|
| 2023 | $2,368 | $205,100 | $122,500 | $82,600 |
| 2022 | $2,580 | $205,100 | $122,500 | $82,600 |
| 2021 | $2,598 | $206,200 | $123,600 | $82,600 |
| 2020 | $2,632 | $206,200 | $123,600 | $82,600 |
| 2019 | $2,698 | $206,200 | $123,600 | $82,600 |
| 2018 | $2,758 | $213,100 | $119,700 | $93,400 |
| 2017 | $2,670 | $213,200 | $119,800 | $93,400 |
| 2016 | $2,656 | $203,400 | $110,000 | $93,400 |
| 2015 | $2,791 | $203,400 | $110,000 | $93,400 |
| 2014 | $2,791 | $205,700 | $117,600 | $88,100 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6107239
APN: 250002002012
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