NOT LISTED FOR SALE

91034 Island Loop Sturgeon Lake, MN 55783

Estimated Value: $463,000 - $816,570

2 Beds
1 Bath
900 Sq Ft
$756/Sq Ft Est. Value

Last Sold August 15, 2018

Last sale price $195,000 $217 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $4,264/month

81 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Lake View
  • Vaulted Ceiling
  • Docks
  • Deck
  • Main Floor Primary Bedroom

About This Home

As of August 2018

This property comes fully furnished and is right on the water. The lots is large enough for two cabins so the chalet could be a guest cabin. Current structure has only two bedrooms but has multiple sleeping areas. Just minutes off I-35 it is only two hours to MSP.

Last Agent to Sell the Property

William Rickmeyer

RE/MAX Results - Nisswa Listed on: 05/03/2018

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,326

Year Built

  • Built in 1968

Lot Details

  • 0.76 Acre Lot
  • Lot Dimensions are 200x255x218x189
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Few Trees

Parking

  • 2 Car Detached Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 900 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Living Room
  • Lake Views
  • Range<<rangeHoodToken>>

Bedrooms and Bathrooms

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

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 0335458000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,326

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: I-35m exit #209 on to County Road 46 towards Sturgeon Lake. Go 3/10 mile then right onto Lake Town Road towards Sturgeon Lake. Go 2.3 miles then right onto lake Island Road. Then 6/10 miles and left on Sturgeon Island Road. Go 5/10 miles and left on Island loop to property on the left.
  • L O1 Office Phone1 Number: 218-963-9554
  • List Price/ Sq Ft: 216.67
  • PropAdjoinsPublicLand: No
  • ShorelineCharacteristics: Gravel, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 900
  • Garage Type: Detached
  • Heat: Baseboard, Electric
  • Fireplaces: 1
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1968
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Walkout
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 624
  • Basement Style: Full
  • Bathroom 1 Level: 1
  • Bathroom Description: 3/4 Master
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 900
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Sturgeon
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Other
  • Sewer: Private
  • Water: Private

Schools

  • School District: Pine City #578
  • Junior High Dist: Pine City #578

Lot Info

  • Geo Update Timestamp: 2018-05-03
  • Estimated Lot Dimensions: 200x255x218x189
  • Estimated Number of Acres: 0.76
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light
  • Parcel Number: 0335458000
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 4326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Aug 15, 2018
Sold by
Karapetsas James J and Karapetsas Jeanne L
Bought by
Genereau Christine M and Genereau Dennis D
Seller's Agent
William Rickmeyer
RE/MAX Results - Nisswa
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$680,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,143
Avg. Annual Appreciation
19.73%
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
Genereau Christine M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Genereau Dennis D $20,000
Open Genereau Dennls D $435,000
Closed Genereau Dennis D $384,000
Closed Genereau Dennis D $384,000
Closed Genereau Dennis D $46,000
Closed Genereau Dennis D $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2018 08/15/18 Sold $195,000 0.0% $217 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $195,000 -- $217 / Sq Ft
Source: Lake Superior Area REALTORS®

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
2025 $6,090 $709,600 $306,300 $403,300
2024 $5,766 $703,500 $281,300 $422,200
2023 $5,098 $691,300 $291,300 $400,000
2022 $5,012 $565,200 $227,800 $337,400
2021 $5,032 $449,000 $185,700 $263,300
2020 $3,326 $432,400 $183,700 $248,700
2019 $3,224 $287,500 $179,800 $107,700
2018 $4,298 $259,500 $206,600 $52,900
2017 $4,326 $279,800 $229,700 $50,100
2016 $4,228 $279,600 $229,700 $49,900
2014 $3,376 $271,900 $231,600 $40,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6074696

APN: 033.5458.000