NOT LISTED FOR SALE

9163 N Elbow Lake Buyck, MN 55771

Estimated Value: $74,874

6 Acres
$12,479 Price per Acre
261,360 Sq Ft Lot

Last Sold May 03, 2022

Last sale price $60,000

Est. 25% increase in value since last sale

Current estimated payment $472/month

356 Days on Market

Highlights

  • Private Waterfront
  • Beach Access
  • No HOA
  • Docks
  • Bay View
  • Property is near a preserve or public land

About This Lot

As of May 2022

Large lakeshore lot on Elbow Lake! This south-facing boat access property offers 6 acres and approximately 300 FT of lakeshore plus privacy for your getaway. Towering white pines, rugged lakeshore, rocky outcroppings and adjacent to hundreds of acres of State of MN owned land. Enjoy fishing and hunting! Beautiful Elbow Lake has 1695 acres, islands, and a Boundary Waters Look. Priced below assessed value!

Last Agent to Sell the Property

Barbara Hegg

Vermilion Land Office, Inc Listed on: 03/19/2021

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $694

Lot Details

  • 6 Acre Lot
  • Lot Dimensions are 900x320
  • Private Waterfront
  • 300 Feet of Waterfront
  • Lake Front
  • Lot Has A Rolling Slope
  • Few Trees

Parking

  • No Driveway

Property Views

  • Bay
  • Lake

Community Details

Overview

  • No Home Owners Association
  • Property is near a preserve or public land

Recreation

  • Beach Access
  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$694

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Via boat to bay before the North Arm of Elbow Lake.
  • Waterfront Info Lake Maximum Depth: 60
  • L O1 Office Phone1 Number: 218-753-8985
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 10000
  • PropAdjoinsPublicLand: Yes
  • RdBtwnWtrfrnt: No
  • Road Maintenance: None
  • ShorelineCharacteristics: Rocky, Undeveloped, Shore-Accessible
  • Property Sub-Type: Residential
  • Tax Year: 2022
  • Twp Number: 64
  • View Type:Pond View: Inland Lake, Bay
  • Lot Description Waterfront: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 1695.11
  • Road Frontage: None
  • Waterfront Access: Private
  • Water Frontage In Feet: 300
  • Waterfront Name: Elbow

Garage/Parking

  • Parking Driveway: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: St. Louis County #2142
  • Junior High Dist: St. Louis County #2142

Lot Info

  • Geo Update Timestamp: 2021-03-19
  • Estimated Lot Dimensions: 900x320
  • Estimated Number of Acres: 6
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Improvements: Dock
  • Land Improvements: No
  • Lot Description: Accessible Shoreline, Tree Coverage - Light, Rolling
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 694

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2021
Closed on
May 2, 2022
Sold by
Wilson Michael E and Wilson Barbara J
Bought by
Gustafson Justin and Gustafson Alecia
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$60,000
Sold Price
$60,000
Current Estimated Value
$74,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,874
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Mar 20, 2001
Sold by
Bwca Land Co Llp
Bought by
Wilson Michael E and Wilson Barbara J
Source: Public Records

Range of Values:

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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
Gustafson Justin $60,000 Vermilion Law
Wilson Michael E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2022 05/03/22 Sold $60,000 0.0% --
03/10/2022 03/10/22 Pending -- -- --
03/19/2021 03/19/21 For Sale $60,000 -- --
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
2024 $906 $89,300 $87,900 $1,400
2023 $906 $81,800 $81,800 $0
2022 $694 $78,000 $78,000 $0
2021 $740 $67,600 $67,600 $0
2020 $764 $72,300 $72,300 $0
2019 $890 $72,300 $72,300 $0
2018 $908 $85,500 $85,500 $0
2017 $916 $85,500 $85,500 $0
2016 $924 $81,700 $81,700 $0
2015 $1,070 $81,700 $81,700 $0
2014 $1,070 $91,500 $91,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6095415

APN: 250003002554