NOT LISTED FOR SALE

1039 W 2nd St Grand Marais, MN 55604

Estimated Value: $503,000 - $832,000

1.04 Acres
$583,868 Price per Acre
45,302 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $122,000 $38 Per Sq Ft

Est. 398% increase in value since last sale

Current estimated payment $3,748/month

78 Days on Market

About This Lot

As of October 2023

A full acre lot inside Grand Marais city limits just waiting to be built upon. Beautiful trees and a great view of the Sawtooth Mountains.

Last Agent to Sell the Property

Ty Backlund

Backlund Realty LLC Listed on: 06/20/2023

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $974

Lot Details

  • 1.04 Acre Lot
  • Landscaped with Trees

Parking

  • No Driveway

Utilities

  • No Utilities
  • Private Company Owned Well
  • Private or Community Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$974

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Starting at the intersection of Highway 61 and Gunflint Trail, travel North on Gunflint Trail approximately 1 mile until you see Creechville Road. Travel North on Creechville Road approximately .2 of a mile. Travel East on 9th Street approximately .2 of a mile. Travel North on 2nd Ave W approximately .2 of a mile. The property will be on the West side of 2nd Ave W.
  • L O1 Office Phone1 Number: 218-387-1501
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 117307.69
  • Road Maintenance: Public
  • Property Sub-Type: Residential
  • Tax Year: 2023
  • Twp Number: 61
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking Driveway: None

Utilities

  • Available Utilities: Electric, Private Septic, Private Well, Telephone, City Garbage
  • On Site Utilities: None
  • Power Company: Grand Marais PUC

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-06-21
  • Estimated Lot Dimensions: 132ft x 342 feet
  • Estimated Number of Acres: 1.04
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: No
  • Lot Description: Tree Coverage - Medium

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 974

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Jun 1, 2021
Bought by
Dusheck James James
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$392,000
Sold Price
$392,000
Current Estimated Value
$607,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,223
Avg. Annual Appreciation
8.46%
Original Mortgage
$316,600
Outstanding Balance
$288,719
Interest Rate
2.95%
Estimated Equity
$261,625

Purchase Details

Closed on
Sep 4, 2018
Sold by
Lynch Thomas F
Bought by
Lynch Thomas F
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
Dusheck James James $392,000 --
Lynch Thomas F $500 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dusheck James James $316,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $122,000 0.0% $38 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $122,000 -73.9% $38 / Sq Ft
11/14/2022 11/14/22 Sold $467,500 0.0% $149 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $467,500 +19.3% $149 / Sq Ft
06/10/2021 06/10/21 Sold $392,000 0.0% $118 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $392,000 +39.5% $118 / Sq Ft
07/26/2013 07/26/13 Sold $281,000 -21.9% $88 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
06/08/2012 06/08/12 For Sale $359,900 -- $112 / 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 $5,264 $555,900 $82,500 $473,400
2023 $48 $508,300 $70,600 $437,700
2022 $4,138 $453,300 $63,400 $389,900
2021 $4,718 $342,731 $50,940 $291,791
2020 $4,756 $335,537 $50,839 $284,698
2019 $4,230 $339,134 $50,890 $288,244
2018 $4,060 $287,100 $46,200 $240,900
2017 $3,814 $279,334 $44,547 $234,787
2016 $3,458 $267,500 $33,900 $233,600
2015 $2,545 $270,300 $33,900 $236,400
2014 $3,477 $273,200 $33,900 $239,300
2012 -- $367,600 $34,900 $332,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Ty Backlund

    Backlund Realty LLC

    (218) 387-1501

    14 Total Sales

    Section Image

  • T

    Buyer's Agent in 2023

    Terry Backlund

    Backlund Realty LLC

    (218) 370-8977

    74 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Smith

    Red Pine Realty

    (218) 370-2094

    160 Total Sales

    Section Image

  • V

    Seller's Agent in 2021

    Virginia Detrick Palmer

    Coldwell Banker North Shore

    (218) 387-2131

    232 Total Sales

    Section Image

  • G

    Seller's Agent in 2013

    Gail Englund

    Red Pine Realty

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108867

APN: 80-503-0030

Minnesota Cook County Grand Marais 55604

1039 W 2nd St, Grand Marais, MN

This home is located at 1039 W 2nd St, Grand Marais, MN 55604 since 20 June 2023 and is currently estimated at $607,223, approximately $189 per square foot. 1039 W 2nd St is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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