NOT LISTED FOR SALE

107 W Wisconsin St Grand Marais, MN 55604

Estimated Value: $743,019

2 Beds
1 Bath
1,344 Sq Ft
$553/Sq Ft Est. Value

Last Sold January 05, 2015

Last sale price $385,000 $286 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,984/month

45 Days on Market

Highlights

  • Beach Access
  • Fenced Yard
  • Porch
  • Wood Flooring
  • Balcony
  • 1-minute walk to Devil's Kettle - Judge C.R. Magney State Park

About This Home

As of January 2015

Imagine living across from the Lake Superior harbor in downtown Grand Marais and then imagine just walking downstairs to work. This a residential and commercially zoned property located in one of the most prime locations in Grand Marais. There is room to expand the existing square footage, too...ask for details! Currently operated as a very successful vacation rental upstairs and professional artistic services offered on the main/street level. There is an amazing oasis in the backyard that's perfect for events, parties or simple relaxation. Wake up in the morning, walk to get your morning cup of coffee and stroll to the water's edge. Watch the sunrise...watch the sailboats come in and go out, create a calm and peaceful life in this perfect spot.

Last Agent to Sell the Property

Kim Wolff

Timber Wolff Realty LLC Listed on: 09/09/2014

Last Buyer's Agent

Kim Wolff

Timber Wolff Realty LLC Listed on: 09/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,040

Year Built

  • 1915

Lot Details

  • Lot Dimensions are 28x24
  • Fenced Yard
  • Zero Lot Line

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Block Basement Construction
  • Home Security System

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Beach Access
  • Balcony
  • Patio
  • Porch

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • High Speed Internet
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 80-220-0150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,040

Year Built

1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: CC Two Unit
  • Amenities: Broadband Available, Hardwood Floors, Natural Woodwork, Security System
  • Amenities Exterior: Balcony, Fenced Yard - Full, Patio, Porch
  • Assessment Balance: 363
  • Assessments: Yes
  • Construction: Previously Owned
  • Parcel Number: 80-220-0150
  • Projected Closed Date: 01/05/2015
  • Range: 1E
  • Section: 21
  • Stories: 2 Story
  • Taxes With Assessments: 2118
  • Twp Number: 61
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 16x13, On Level: Main
  • Room 2: Kitchen, 11x10, On Level: Main
  • Room 3: Bedroom, 11x9, On Level: Main
  • Room 4: Bedroom, 10x10, On Level: Main
  • Room 5: Bathroom, 9x5, On Level: Main
  • Room 6: Porch, 7x5, On Level: Main
  • Room 7: 28x24, On Level: Main
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 1344
  • Total Square Footage: 1344

Exterior Features

  • Frontage Road: City, Paved, Sidewalk
  • Construction Type: Concrete Block
  • Exterior: Brick

Utilities

  • Fuel: Electric, Oil
  • Heat: Boiler
  • Sewer: City
  • Water: City

Schools

  • School District: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 28x24
  • Lot/Land Description: Accessible Shoreline, Zero Lot Line, Paved Streets, Telephone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Jan 8, 2015
Sold by
Hoglund Stephan Stephan
Bought by
Dodson Joel
Seller's Agent
Kim Wolff
Timber Wolff Realty LLC
Buyer's Agent
Kim Wolff
Timber Wolff Realty LLC
List Price
$429,000
Sold Price
$385,000
Premium/Discount to List
-$44,000
-10.26%
Current Estimated Value
$743,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,019
Avg. Annual Appreciation
6.27%
Original Mortgage
$385,000
Outstanding Balance
$296,086
Interest Rate
3.95%
Estimated Equity
$446,933
Source: Public Records

Range of Values:

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Average Value
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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
Dodson Joel $385,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodson Joel $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2015 01/05/15 Sold $385,000 -10.3% $286 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $429,000 -- $319 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $13,040 $1,123,500 $304,400 $819,100
2023 $114 $981,100 $247,600 $733,500
2022 $13,638 $963,800 $245,000 $718,800
2021 $13,350 $854,700 $135,400 $719,300
2020 $13,428 $847,500 $135,400 $712,100
2019 -- $849,300 $135,400 $713,900
2018 -- $559,400 $147,100 $412,300
2017 -- $178,800 $125,500 $53,300
2016 -- $179,700 $125,500 $54,200
2015 -- $183,500 $125,500 $58,000
2014 -- $184,400 $125,500 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4673755

REALTOR® Association of Southern Minnesota

APN: 80-220-0150