NOT LISTED FOR SALE

1001 Pike Lake Rd Grand Marais, MN 55604

Estimated Value: $157,000 - $327,000

2 Beds
1 Bath
880 Sq Ft
$248/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $70,000 $80 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $1,385/month

23 Days on Market

Highlights

  • Greenhouse
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Wood Flooring
  • Whirlpool Bathtub
  • Wood Frame Window

About This Home

As of March 2020

The farmhouse character of this 2 bedroom, one bath fixer-upper on 10+ acres would make a charming vacation getaway or cozy year round home. There is a screened porch overlooking existing gardens. The beautifully wooded acreage is populated with mature spruce and cedar. The property is close to Pike and Deer Yard Lakes, hiking trails, snowmobile and X-C ski trails with an abundance of state and federal land just across the road. This place is just waiting for you to add your personal touch.

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 12/26/2019

Last Buyer's Agent

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 12/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $543

Year Built

  • Built in 1910

Lot Details

  • 10.3 Acre Lot
  • Lot Dimensions are 660 x 680
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Cabin
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 880 Sq Ft Home
  • Multi-Level Property
  • Paneling
  • Wood Frame Window
  • Living Room
  • Lower Floor Utility Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Greenhouse
  • Storage Shed
  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Gas Water Heater
  • Private Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 51-123-3310

Home Details

Home Type

Single Family

Est. Annual Taxes

$543

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 61 east of Cascade river take County Rd 7 to County Rd 44 then turn left on County Rd 45 and travel approx. 3.75 miles. #1001 will be on the right.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 79.55
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 61
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Panelled Walls
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 880
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1910
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor, Whirlpool
  • Formal Dining: Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 880
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Greenhouse, Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private, Drain Field
  • Water: Private, Drilled

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2019-12-26
  • Estimated Lot Dimensions: 660 X 680
  • Estimated Number of Acres: 10.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 51-123-3310

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 543.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2019
Closed on
Mar 13, 2020
Sold by
Andersen Jay Jay
Bought by
Smith Jinsey Jinsey
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$70,000
Sold Price
$70,000
Current Estimated Value
$218,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,638
Avg. Annual Appreciation
22.97%
Original Mortgage
$45,600
Outstanding Balance
$40,629
Interest Rate
3.36%
Estimated Equity
$175,384
Source: Public Records

Range of Values:

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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
Smith Jinsey Jinsey $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jinsey Jinsey $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $70,000 0.0% $80 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $70,000 -- $80 / Sq Ft
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 $2,318 $105,300 $75,700 $29,600
2023 $22 $93,100 $68,500 $24,600
2022 $1,818 $84,300 $59,900 $24,400
2021 $2,136 $44,460 $32,640 $11,820
2020 $2,134 $87,892 $68,522 $19,370
2019 $2,254 $86,584 $66,996 $19,588
2018 $570 $114,500 $87,900 $26,600
2017 $504 $97,593 $44,812 $52,781
2016 $398 $97,600 $44,800 $52,800
2015 $324 $97,600 $44,800 $52,800
2014 $324 $97,600 $44,800 $52,800
2012 -- $111,700 $57,000 $54,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6087721

APN: 51-123-3310