NOT LISTED FOR SALE

8965 Vermilion Trail Makinen, MN 55763

Estimated Value: $154,000 - $201,000

2 Beds
1 Bath
732 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $155,000 $212 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $932/month

73 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Bathroom on Main Level
  • Log Cabin
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of September 2024

Rustic cabin for that avid outdoors enthusiast. Log home sits on 10 acres of owned land, not leased. Newer metal roof. Multiple out-buildings. Plenty of space to explore. Great potential, could be a hunting shack, just in time for the hunting season, cabin or with some work it could be that forever home in the country. Butts up to state land. Ten minutes to Island Lake for fishing, boating and water sports. Within 30 minutes to shopping and town.

Last Agent to Sell the Property

Cathy Ehret

RE/MAX Results Listed on: 06/05/2024

RE/MAX Results

Co-Listed By

Tom Little

RE/MAX Results

Last Buyer's Agent

Daniel Buetow

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $733

Year Built

  • Built in 1979

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 660 x 660

Home Design

  • Log Cabin
  • Wood Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 732 Sq Ft Home
  • Multi-Level Property
  • Living Room
  • Combination Kitchen and Dining Room

Bedrooms and Bathrooms

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

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Dug Well
  • Not Connected to Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 640-0010-02425

Home Details

Home Type

Single Family

Est. Annual Taxes

$733

Year Built

Built in 1979

Lot Details

10 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 4, 10 Minutes past Island Lake inn. Same side as Island Lake inn
  • L O1 Office Phone1 Number: 218-722-2811
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 732
  • Garage Type: Detached
  • Heat: Propane
  • MainFloorBath: Yes
  • Reso Roof: Metal
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1979
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 732
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Log

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street
  • Garage Capacity: 2

Utilities

  • Power Company: Lake Country Power
  • Sewer: None
  • Water: Dug

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 660 x 660
  • Estimated Number of Acres: 10
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Parcel Number: 640-0010-02425

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 733

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Sep 9, 2024
Sold by
Mancina Jacob and Mancina Amanda
Bought by
Smith Oliver and Smith Marc
Seller's Agent
Cathy Ehret
RE/MAX Results
Buyer's Agent
Daniel Buetow
RE/MAX Results
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
52
Current Estimated Value
$171,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,171
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Jun 5, 2024
Closed on
Sep 6, 2024
Sold by
Mancina Joshua Paul
Bought by
Mancina Jacob Keith
Seller's Agent
Cathy Ehret
RE/MAX Results
Buyer's Agent
Daniel Buetow
RE/MAX Results
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%
Views
52
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Oliver $155,000 --
Mancina Jacob Keith $500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2024 09/09/24 Sold $155,000 -11.4% $212 / Sq Ft
08/17/2024 08/17/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $175,000 -5.4% $239 / Sq Ft
06/05/2024 06/05/24 For Sale $185,000 -- $253 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2024 $612 $69,000 $31,500 $37,500
2023 $612 $65,800 $30,000 $35,800
2022 $818 $62,800 $28,800 $34,000
2021 $604 $58,000 $27,500 $30,500
2020 $602 $61,400 $27,700 $33,700
2019 $590 $61,400 $27,700 $33,700
2018 $548 $61,400 $27,700 $33,700
2017 $558 $61,400 $27,700 $33,700
2016 $426 $61,400 $27,700 $33,700
2015 $377 $26,800 $13,400 $13,400
2014 $377 $23,100 $13,500 $9,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114074

APN: 640001002425

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