Seller's Agent in 2021
Barbara Hegg
Vermilion Land Office, Inc
(218) 742-2369
182 Total Sales
Estimated Value: $530,000 - $1,231,000
3
Beds
1.5
Baths
2,400
Sq Ft
$400/Sq Ft
Est. Value
Highlights
- Boathouse
- Community Boat Slip
- Beach Access
- Private Waterfront
- Docks
- Guest House
About This Home
As of July 2021Stunning 3 BR/2 BA lake home located on secluded Wolf Bay. Modernly rustic home blends the coziness of the cabin get-a-way with all the comforts of the family home. Plus historical Trapper's cabin with additional kitchen, BR & BA. Plenty of room for all of your family and friends! Floor to ceiling stone wood burning fplc, log truss cathedral ceilings, granite counters, private Master BR/BA w/walk-in shower, wood floors with in-floor heat & windows, windows, windows! Enjoy the airy views of the lake as you walk across the suspended upstairs hallway. 2100+ Ft of shoreline & over 42 acres ensures privacy & relaxation.The property features 20X26 boathouse, 20X20 garage, plus storage bldg & generator bldg. Room for all your lake accessories, as well as two separate docks to keep them handy during the summer days. This exceptional property includes an energy efficient & money saving fully automatic solar/electric system. Most furnishings included! Hide away in the wilds of Wolf Bay!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,539
Year Built
- Built in 2007
Lot Details
- 42 Acre Lot
- Lot Dimensions are 1320x1560
- Private Waterfront
- 2,100 Feet of Waterfront
- Lake Front
- Landscaped with Trees
Property Views
- Bay
- Lake
Home Design
- Log Cabin
- Wood Frame Construction
- Asphalt Shingled Roof
- Log Siding
Interior Spaces
- 2,400 Sq Ft Home
- Multi-Level Property
- Woodwork
- Paneling
- Beamed Ceilings
- Vaulted Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Entrance Foyer
- Combination Dining and Living Room
- Loft
- Sauna
- Crawl Space
- Fire Sprinkler System
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- No Driveway
Outdoor Features
- Beach Access
- Boathouse
- Docks
- Deck
- Enclosed Patio or Porch
- Separate Outdoor Workshop
- Storage Shed
Additional Homes
- Guest House
Utilities
- Heating System Uses Propane
- Water Filtration System
- Private Water Source
- Gas Water Heater
- Fuel Tank
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 387-0020-02180
Community Details
Overview
- Property is near a preserve or public land
Recreation
- Community Boat Slip
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2021
Closed on
Jul 1, 2021
Sold by
Scherber Thomas and Scherber Patricia P
Bought by
Erickson Gregg and Erickson Rebecca P
Seller's Agent
Barbara Hegg
Vermilion Land Office, Inc
Buyer's Agent
Barbara Hegg
Vermilion Land Office, Inc
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,508
Avg. Annual Appreciation
3.92%
Original Mortgage
$400,000
Outstanding Balance
$21,406
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$939,102
Purchase Details
Closed on
Oct 26, 2001
Sold by
Olson Joan V and Olson Warren E
Bought by
Scherber Thomas L and Scherber Patricia P
Purchase Details
Closed on
Oct 23, 2001
Sold by
Vanreyper Richard G
Bought by
Scherber Thomas L and Scherber Patricia P
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Erickson Gregg | $800,000 | None Listed On Document | |
| Scherber Thomas L | $115,000 | -- | |
| Scherber Thomas L | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Erickson Gregg | $400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2021 07/01/21 | Sold | $800,000 | 0.0% | $333 / Sq Ft |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $800,000 | -- | $333 / 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 | $7,586 | $857,400 | $349,700 | $507,700 |
| 2023 | $7,586 | $673,700 | $279,200 | $394,500 |
| 2022 | $4,936 | $673,700 | $279,200 | $394,500 |
| 2021 | $4,624 | $477,900 | $241,000 | $236,900 |
| 2020 | $4,538 | $447,700 | $241,000 | $206,700 |
| 2019 | $4,278 | $445,800 | $297,000 | $148,800 |
| 2018 | $4,358 | $419,800 | $271,000 | $148,800 |
| 2017 | $4,282 | $420,000 | $271,200 | $148,800 |
| 2016 | $4,344 | $417,500 | $268,700 | $148,800 |
| 2015 | $3,525 | $279,100 | $120,200 | $158,900 |
| 2014 | $3,525 | $289,700 | $130,800 | $158,900 |
Source: Public Records
Agents Affiliated with this Home
-
Barbara Hegg
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6094834
APN: 387002002180
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