NOT LISTED FOR SALE

8968 E Wakemup Village Rd Unit Lake Vermilion Cook, MN 55723

Estimated Value: $315,000 - $566,000

2 Beds
1 Bath
780 Sq Ft
$599/Sq Ft Est. Value

Last Sold September 09, 2016

Last sale price $315,000 $404 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,780/month

About This Home

As of September 2016

This is a true "upnorth" cabin to relax and enjoy! Located on the water's edge, this ideal and well maintained 2 BR cabin with original rock foundation has many updates that include: log siding on all the buildings, new windows, roofs, and decks. Wet boathouse with cozy guest cabin/kitchenette above for those extra friends and family members cannot be duplicated! Spectacular island views, boundary waters setting, and protected water are just many of the pluses! Two stall garage, winding driveway, and only 10 minutes from Cook! Located on Wakemup Bay. All the work has been done so come and enjoy!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Sep 9, 2016
Sold by
Menne Lavonne E
Bought by
Bumgarner Marc Daniel and Bumgarner Tammy Jean
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$467,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,099
Avg. Annual Appreciation
4.42%
Original Mortgage
$252,000
Outstanding Balance
$113,434
Interest Rate
2.76%
Mortgage Type
Commercial
Estimated Equity
$353,665

Purchase Details

Closed on
Sep 29, 2006
Sold by
Halverson Dennis Michael
Bought by
Menne Lavonne Elizabeth and Halverson Lavonne Elizabeth
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Bumgarner Marc Daniel $315,000 None Available
Menne Lavonne Elizabeth -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bumgarner Marc Daniel $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2016 09/09/16 Sold $315,000 0.0% $404 / Sq Ft View Prior Sale
07/29/2016 07/29/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $315,000 -- $404 / Sq Ft

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 $3,648 $367,200 $150,200 $217,000
2022 $2,748 $290,500 $130,100 $160,400
2021 $2,764 $219,600 $112,100 $107,500
2020 $2,826 $222,400 $112,100 $110,300
2019 $2,734 $225,400 $112,100 $113,300
2018 $2,598 $224,300 $110,600 $113,700
2017 $2,036 $209,200 $107,300 $101,900
2016 $2,052 $201,900 $100,000 $101,900
2015 $2,037 $182,800 $90,500 $92,300
2014 $2,037 $185,600 $96,400 $89,200
Source: Public Records

Agents Affiliated with this Home

  • Barbara Hegg

    Seller's Agent in 2016

    Barbara Hegg

    Vermilion Land Office, Inc

    (218) 742-2369

    194 Total Sales

    Barbara Hegg
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Map

Minnesota St Louis County Cook 55723

8968 E Wakemup Village Rd Unit Lake Vermilion, Cook, MN

This home is located at 8968 E Wakemup Village Rd Unit Lake Vermilion, Cook, MN 55723 and is currently estimated at $467,099, approximately $598 per square foot. 8968 E Wakemup Village Rd Unit Lake Vermilion is a home located in St. Louis County with nearby schools including North Woods 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.

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