NOT LISTED FOR SALE

8855 Cramer Rd Finland, MN 55603

Estimated Value: $541,105

2 Beds
2 Baths
1,246 Sq Ft
$434/Sq Ft Est. Value

Sale Details

Date Sold: December 4, 2020

Last sale price $375,000 $301 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,347 / mo

225 Days on Market

Highlights

  • Lake Front
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Contemporary Architecture
  • Living Room
  • Dining Room

About This Home

As of December 2020

RARE OPPORTUNITY! TURN KEY BUSINESS "SERENITY LODGE" , FURNITURE, AND PROPERTY How would you like to own your own personal retreat in the middle of the Superior National Forest, escape from the day to day rat race whenever you feel like it and at the same time be producing a passive side income? After 5 years in business, the owner is relocating and is putting this gem on the market. Return clientele, website, fully licensed by county and health department (which would need to be re-licensed under new ownership), watercraft, furniture and reliable operational staff. More enticing is the separate large 2 car garage on the property with an above bunk house with electricity and potential for heating. There is also another separate 2 stall garage space that remains unfinished and could be developed to meet your specific needs.

Last Agent to Sell the Property

Steven Koleno

Beycome Brokerage Realty LLC Listed on: 01/14/2020

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,374

Year Built

  • Built in 2007

Lot Details

  • 1.29 Acre Lot
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shared Waterfront

Utilities

  • Forced Air Heating System
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 24-5711-01010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,374

Year Built

Built in 2007

Lot Details

1.29 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Head north on MN-61 N to MN-1 W at Beaver Bay, head west to Co Hwy 7, then north approx. 15-16 miles.
  • L O1 Office Phone1 Number: 844-239-2663
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Other - See Remarks
  • FinFootageAboveGrade: 1246
  • Garage Type: Detached
  • Heat: Forced Air
  • Fireplaces: 1
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Wood Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 2007
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Master
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1246
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Shared
  • Waterfront Name: Ninemile
  • Construction Status: Previously Owned
  • Exterior: Other, Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: IRR
  • Estimated Number of Acres: 1.29
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 24-5711-01010
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA, Other

Tax Info

  • Tax Amount: 2374

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Nov 16, 2020
Sold by
Pearce Julie A
Bought by
Seller's Agent
Steven Koleno
Beycome Brokerage Realty LLC
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$541,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,105
Avg. Annual Appreciation
6.50%
Original Mortgage
$281,250
Outstanding Balance
$243,974
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$297,131

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 31, 2014
Bought by
Pearce Julie Julie
Seller's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
Buyer's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
List Price
$120,500
Sold Price
$120,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.10%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Boen Kerry and Boen Patti J
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Nov 27, 2007
Sold by
Nine Mile Holdings Llc
Bought by
Boen Kerry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
6.47%
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$375,000 None Available
Pearce Julie Julie $120,500 --
Pnc Bank National Association $330,154 None Available
Boen Kerry $351,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $281,250
Previous Owner Boen Kerry $280,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/04/2020 12/04/20 Sold $375,000 0.0% $301 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
01/14/2020 01/14/20 For Sale $375,000 +211.2% $301 / Sq Ft
12/31/2014 12/31/14 Sold $120,500 0.0% $90 / Sq Ft View Prior Sale
11/12/2014 11/12/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $120,500 -- $90 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,232 $468,300 $79,000 $389,300
2025 $3,232 $444,800 $65,300 $379,500
2024 $2,346 $449,000 $65,300 $383,700
2023 $1,890 $453,300 $65,300 $388,000
2022 $2,748 $330,700 $59,300 $271,400
2021 $5,218 $270,900 $59,300 $211,600
2020 $2,415 $253,000 $50,900 $202,100
2019 $2,375 $249,500 $57,900 $191,600
2018 $2,447 $249,500 $57,900 $191,600
2017 $2,382 $253,000 $50,900 $202,100
2016 $2,412 $253,000 $50,900 $202,100
2015 $2,406 $253,000 $50,900 $202,100
2014 $2,406 $0 $0 $0
2013 $2,237 $0 $0 $0
2012 $2,227 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087932

APN: 24-5711-01010

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