2 months on rocket

1231 Pearson Dr, Cotton, MN, 55724

$825,000

Home List Price

$9,797*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
2,592 SqFt
$318/SqFt
House

Location

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1231 Pearson Dr, Cotton$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

ParkingDetached, Multiple
Garage4 spaces
Year Built1990
HeatingDual System, Fireplace(s), Radiant Floor, Radiant, Wood, Electric
CoolingNone
WaterfrontLake
FireplaceWood Burning
ViewLake
MLS #6115554
Lot Size37.05 Acres
StatusActive
(ACTIVE)

About 1231 Pearson Dr

1570' frontage on East Bass Lake & 37.05 acres!! Privacy for sure in this 3 BR, 3 bath log home with 2+ car detached log garage & another 2 car detached garage. Large deck overlooking the lake. Deck off the master BR too. Wonderful stone fireplace in the LR. Bar & woodstove in the basement FR. Electric In-floor heat in the basement. Steffel heat units are heated in the off peak time & then radiates the rest of the day. 2 hot water heaters. Seller is leaving the dock, pontoon & plow truck.

Property Details

Property Features

Property Information:

  • Architectural Style: Log
  • Year Built: 1990
  • Stories: 1
  • Living Area: 2,592 SqFt

Listing Office:

  • Office Name: JS Realty
  • Listing Agent: Jamie Sathers-Day

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Interior: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Sauna, Vaulted Ceilings, Beamed Ceilings, Dryer Hook-Ups, Washer Hook-Ups
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Lake
  • View: Lake
  • Exterior: Deck

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached, Multiple

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Irregular Lot, Landscaped, Some Trees
  • Lot Size: 37.05 Acres

Utilities

Utilities Information:

  • Heating: Dual System, Fireplace(s), Radiant Floor, Radiant, Wood, Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • South Ridge Secondary School, Public District Grades 7-12
  • South Ridge Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Hwy 53 N to Cotton, R on 52 to L on Waterhen Rd, R on Pinehurst Rd, R on Pearson Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $318/SqFt

Tax Information:

  • Annual Amount: $4,358
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cotton, MN.

Med. Sold Price

$362.5K

Med. Price/SqFt

$232

Avg. Days On Market

19

# of Sold Homes

2

1231 Pearson Dr vs Cotton

81 DAYS ON ROCKET

+62 Days

$825,000

+$462.5K More

$318/SqFt

+$85 More

KEY TAKEAWAY

This property is $462.5K more than the Median Sold Price and $85/SqFt more than other homes in Cotton, MN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Number: #6115554

Listing Office:

  • Office Name: JS Realty
  • Listing Agent: Jamie Sathers-Day

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information is supplied by seller and other third parties and has not been verified. ©2024 Lake Superior Area REALTORS® MLS - All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 7:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,358$405,800
2019$4,408$400,996
2017$4,274$390,736

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1900696
5
/10
  • South Ridge Elementary School

  • 8162 Swan Lake Rd

  • 19.57 miles

  • Public District Grades PK-6

High School

school-card-donut-1900697
4
/10
  • South Ridge Secondary School

  • 8162 Swan Lake Rd

  • 19.57 miles

  • Public District Grades 7-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,305. Typical income of Cotton, MN residents is less than $35k annually. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1231 Pearson Dr

What is the listing price of this property?

The listing price of 1231 Pearson Dr property is $825,000.

What type of property is this?

The property 1231 Pearson Dr is a house located in Cotton, Minnesota, 55724.

Is this property for sale now?

Active Listing: 1231 Pearson Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1231 Pearson Dr are:
South Ridge Elementary School: GreatSchools Rating 5/10
South Ridge Secondary School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,358 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1231 Pearson Dr has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1231 Pearson Dr is 2,592 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1231 Pearson Dr is 1990.

Rocket HomesMinnesotaSaint Louis CountyCotton557241231 Pearson Dr

This home is located at 1231 Pearson Dr in Cotton, MN and zip code 55724. This 2,592 square foot home, which was built in 1990, sits on a 37.05 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $825,000.

In October 2024 more than 0 listings in Cotton, MN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 2 were sold below. In October 2024 in Cotton, MN there were 25% less homes for sale than in September 2024. Listings spent 19 days on the market in October 2024, and had a median list price of $362,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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