NOT LISTED FOR SALE

8928 Aerie Lake Rd Alborn, MN 55702

Estimated Value: $372,222 - $483,000

3 Beds
2 Baths
2,000 Sq Ft
$218/Sq Ft Est. Value

Last Sold May 02, 2012

Last sale price $189,000 $94 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,625/month

49 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Vaulted Ceiling
  • Eat-In Kitchen
  • Deck
  • 4 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of May 2012

Unique opportunity to own year round home on local area lake. 3br, 2bth 4car det garage home situated on 100ft of shoreline on Maple Leaf Lake (Alborn). Nice southerly exposure to this nicely priced home all within 30 minutes of Duluth. This is a fanniemae property that is approved for homepath mortgage and homepath renovation mortgage financing. Save on appraisal & credit report. Get approval letter.

Last Agent to Sell the Property

Baji Gill

Western Realty Listed on: 02/24/2012

Last Buyer's Agent

Jackie Sathers

J.S. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,210

Year Built

  • 1960

Lot Details

  • 1.07 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 205001000785

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,210

Year Built

1960

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Tiled Floors, Vaulted Ceilings
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 1.07
  • Assessment Balance: 58
  • Assessments: Yes
  • Construction: Previously Owned
  • Foreclosure: Yes
  • Foundation Size: 2652
  • Parcel Number: 205001000785
  • Projected Closed Date: 05/30/2012
  • Remodeled Addition: Yes
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 2962.46
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Fireplace Type: Wood Burning
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 3/4 Bath, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 24.5x31.3, On Level: Main
  • Room 2: Kitchen, 13.3x8.10, On Level: Main
  • Room 3: Dining Room, 7.7x7.10, On Level: Main
  • Room 4: Family Room, 13.3x13.1, On Level: Main
  • Room 5: Bedroom, 14.5x20, On Level: Main
  • Room 6: Bedroom, 12.5x17.7, On Level: Main
  • Room 7: 26.1x28.11, On Level: Second Floor
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2000
  • Total Fin Square Footage: 2000
  • Total Square Footage: 2652

Exterior Features

  • LakeAcres: 90
  • Waterfront Name: Maple Leaf
  • Construction Type: Frame/Wood
  • Exterior: Wood
  • Waterfront: Yes
  • Water Frontage: 100
  • Waterfront Description: Lake

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned, Wood
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Schools

  • School District: St. Louis County #2142

Lot Info

  • Estimated Lot Dimensions: 1.07acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 30, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association
Seller's Agent
Baji Gill
Western Realty
Buyer's Agent
Jackie Sathers
J.S. Realty
List Price
$204,900
Sold Price
$189,000
Premium/Discount to List
-$15,900
-7.76%
Current Estimated Value
$435,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,806
Avg. Annual Appreciation
5.35%
Original Mortgage
$179,550
Outstanding Balance
$127,164
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$252,291

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Mell Carol J and Mell Dale W
Seller's Agent
Baji Gill
Western Realty
Buyer's Agent
Jackie Sathers
J.S. Realty
List Price
$204,900
Sold Price
$189,000
Premium/Discount to List
-$15,900
-7.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,550
Outstanding Balance
$127,164
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$252,291

Purchase Details

Closed on
Aug 9, 2011
Sold by
Sutton Glenn F and Sutton Susanne M
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 19, 2002
Sold by
Henrickson William R and Henrickson Genevieve B
Bought by
Sutton Glenn F and Sutton Susanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
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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
Federal National Mortgage Association -- None Available
Mell Carol J -- Title One Inc
Jpmorgan Chase Bank National Association $194,698 None Available
Sutton Glenn F $227,500 Pioneer Abstract & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mell Carol J $179,550
Previous Owner Sutton Glenn F $204,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2012 05/02/12 Sold $189,000 -7.8% $95 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $204,900 -- $102 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,210 $269,200 $72,400 $196,800
2022 $2,400 $248,300 $69,100 $179,200
2021 $2,424 $232,400 $69,100 $163,300
2020 $2,460 $232,400 $69,100 $163,300
2019 $2,278 $232,400 $69,100 $163,300
2018 $2,322 $222,400 $69,100 $153,300
2017 $2,328 $222,400 $69,100 $153,300
2016 $2,434 $222,400 $69,100 $153,300
2015 $1,321 $229,700 $69,100 $160,600
2014 $1,321 $101,000 $24,100 $76,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Baji Gill

    Western Realty

  • J

    Buyer's Agent in 2012

    Jackie Sathers

    J.S. Realty

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4222090

REALTOR® Association of Southern Minnesota

APN: 205001000785

Minnesota St Louis County 55702

8928 Aerie Lake Rd, MN

This home is located at 8928 Aerie Lake Rd, Alborn, MN 55702 since 24 February 2012 and is currently estimated at $435,806, approximately $217 per square foot. This property was built in 1960. 8928 Aerie Lake Rd is a home located in St. Louis County with nearby schools including South Ridge Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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