See Home Value
Lake 55616
540 Braemar Ln
$720,779*
House - Off Market

540 Braemar Ln

Two Harbors, MN 55616
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3692 Sqft
$459,000 - $561,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
Sold Jun 26, 2020
$498,500
$473,575 by Lake Bank
Mortgage Due Jul 01, 2050

About This Property

Lake Superior Views!!!!  Wonderful home with fantastic layout!  Very large open floor plan with kitchen island, dining area area and looking out to the deck!  Garage is a 2+ car attached with storage.  New 30 x 40 9 foot ceiling Pole building constructed in last 2 years.  Master suite has two walk in closets and private bath which has a walk in shower and a corner tub.  Main floor laundry.  Hickory hardwood manufactured floors, All interior cedar walls, trim and beams oil sealed, with window seals also polyurethane.  Many exterior improvements in the last few years with the raised stone/brick waterfall, addition to deck around towards yard, drain tile, replaced deck posts, improved driveway with more gravel and turn around and thinned some trees and added trails.  Warm and Cozy with views from all levels!  Family room in the basement is an open slate, framing is happening for bedroom and bathroom, feel free to use your imagination....Flooring it basement was just had epoxy professional installed. * We are not accepting showings at this time.

The manager has listed the unit size as 3692 square feet.
Unit Size
3,692Ft²
Days on Market
-
Land Size
8.70 acres
Price per sqft
$138
Property Type
House
Property Taxes
$3,546
HOA Dues
-
Year Built
2005

Price History

Date / Event Date Event Price
Jun 26, 2020 Sold to Angela M Adams, Nicholas D ... $498,500
Sold to Angela M Adams, Nicholas D ...
May 30, 2020 No longer available -
No longer available
Mar 19, 2020 Price Decreased $510,000
↓ $10K (1.9%)
Price Decreased
Oct 20, 2019 Price Decreased $519,900
↓ $18K (3.4%)
Price Decreased
Oct 10, 2019 Listed $538,000
Listed

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Wood
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Wood
  • Roof Cover Type: Wood
  • Floor Count: 2
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 2,006
  • Parking Space Count: 7
  • Porch Type: Open porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 378,972
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,936
  • Gross Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,560
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOTS RIDGE
  • Land Acres: 8.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 BLOCK 1 + UND 112 INTEREST IN OUTLOTS

Ownership

  • Current Owner : ADAMS NICHOLAS D
  • Current Owner 2: ADAMS ANGELA M
  • Previous Owner : THOMAS J STOIBER T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake Superior Public School District
  • School Tax School District: 381
  • Census Tract: 370100

Geography

  • Parcel: 25-5220-01060
  • Block: 1
  • Lot: 6
  • Meridian: SEC 16 TWN 52 RNG 11
  • Municipality: UNORGANIZED TERRITORY 2
  • Latitude: 46.9937
  • Longitude: -91.7447

    Address

  • Full Address: 540 Braemar Ln
  • Address - House Number: 540
  • Address - Street Name: Braemar
  • Address - Suffix Type: Ln
  • State: MN
  • City Name: Two Harbors
  • Carrier Code: H060
  • 4-Digit Zip Code: 4043
  • Zip Code: 55616

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $4,191

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Sep 14, 2022
  • Confidence Score: 74
  • Final Value: 739,161
  • High Value: 883,518
  • Low Value: 594,804

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $473,575
  • First Open Lien Mortgage Lender: LAKE BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2020
  • First Open Lien Mortgage Loan Amount: $473,575
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $711,200
  • Market Land Value: $131,400
  • Market Improvement Value: $579,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $711,200
  • Assessed Land Value: $131,400
  • Assessed Improvements Value: $579,800

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 26, 2020
  • Current Sale Transaction ID: 11771741677
  • Current Sale Price: $498,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: A000194308

    Last Sale Mortgage

  • First Mortgage Lender: LAKE BANK
  • First Mortgage Transaction Date: Jun 26, 2020
  • First Mortgage Loan Amount: $473,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Mortgage Loan Due Date: Jul 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake


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Frequently Asked Questions

When was property at 540 Braemar Lane built and last sold?
The property at 540 Braemar Lane was built in 2005 and last sold on Jun 15, 2020 for $498,500.
How much is this home worth?
The estimated value of the home located at 540 Braemar Lane is $559,812.
What are some comparable homes to 540 Braemar Lane?
There are currently no comparable homes to 540 Braemar Lane.

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