NOT LISTED FOR SALE

999 E Bay Rd Lake No. 2, MN 55616

Estimated Value: $105,921

2.1 Acres
$50,439 Price per Acre
91,476 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $115,000

Est. 8% decrease in value since last sale

Current estimated payment $600/month

4 Days on Market

About This Lot

As of July 2022

Beautiful neighborhood with private road, some views of Lake Superior, excellent location!! Property is NOT a part of the west bay association and is not subject to any of their association documents. This is a private lot with a legal access on a private road. Power is already on the lot (Co-Op light and power) a drilled well is also already on the property, propane tank is rented but available to Buyer.

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 06/17/2022

Last Buyer's Agent

Culley Fairchild

RE/MAX Results

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $157

Lot Details

  • 2.1 Acre Lot

Utilities

  • Heating System Uses Propane
  • Private Company Owned Well
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$157

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Turn onto Old North Shore Rd (across tracks behind Sonju) look for east bay Rd and follow signs, lot is the last lot at the end of the road.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-834-2495
  • List Price/ Sq Ft: 54761.9
  • Property Sub-Type: Residential
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • On Site Utilities: Electric, Private Well, Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2022-06-17
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 2.1
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Improvements: Survey Stakes
  • Land Improvements: Yes

Tax Info

  • Tax Amount: 156.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2023
Sold by
Kofstad Michael and Kofstad Kay
Bought by
The Harbors Llc
Current Estimated Value
$105,921

Purchase Details

Closed on
Dec 21, 2021
Sold by
Split Rock Prop Holdings
Bought by
Kofstad Michael A and Kofstad Kay M

Purchase Details

Closed on
Mar 5, 2021
Sold by
Sugar Maple Llc
Bought by
Split Rock Prop Holidings

Purchase Details

Closed on
Jul 28, 2020
Sold by
Sugar Maple Llc
Bought by
Peterson Steven P and Peterson Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 26, 2020
Sold by
Labounty Curtis A and Labounty Peggy A
Bought by
Sugar Maple Llc

Purchase Details

Closed on
Nov 19, 2019
Sold by
Roy Edward Labounty Ret
Bought by
Labounty Curtis A and Labounty Kenneth R
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
The Harbors Llc $140,000 --
Kofstad Michael A $3,000 None Available
Split Rock Prop Holidings $80,000 None Available
Peterson Steven P $79,900 None Available
Sugar Maple Llc $77,500 None Available
Labounty Curtis A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peterson Steven P $63,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $115,000 0.0% --
06/21/2022 06/21/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $115,000 -- --
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
2023 $319 $79,900 $79,900 $0
2022 $319 $67,200 $67,200 $0
2021 $123 $66,200 $66,200 $0
2020 $518 $16,500 $16,500 $0
2019 $519 $66,000 $66,000 $0
2018 $479 $66,000 $66,000 $0
2017 $467 $60,100 $60,100 $0
2016 $424 $57,100 $57,100 $0
2015 $421 $51,400 $51,400 $0
2014 $421 $0 $0 $0
2013 $424 $0 $0 $0
2012 $467 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6103607

APN: 25-5211-11250