NOT LISTED FOR SALE

111 1/2 1st Ave W Grand Marais, MN 55604

Estimated Value: $279,000 - $442,000

2 Beds
1 Bath
1,290 Sq Ft
$290/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $375,000 $291 Per Sq Ft

Current estimated payment $2,189/month

51 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wood Frame Window
  • Loft
  • Lower Floor Utility Room
  • 1-minute walk to Judge C R Magney State Park

About This Home

As of May 2024

Charming fishing village nestled in the middle of everything. Cute as a bug's ear two-bedroom (630 sq ft) bungalow with detached studio apartment (660 sq ft). Live in one, and rent the other, or make it a family compound. Private yard for lounging in the sun or a BBQ. New appliances. The cozy dining nook is the perfect place to start your day with a cup of coffee or end it with a friendly game of cribbage. This baby screams Grand Marais hideaway. Call today for your private showing.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 02/22/2024

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC Listed on: 02/22/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,746

Year Built

  • Built in 1935

Lot Details

  • 3,920 Sq Ft Lot
  • Partially Fenced Property

Parking

  • No Garage

Home Design

  • Bungalow
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows
  • Wood Frame Window
  • Living Room
  • Loft
  • Lower Floor Utility Room
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-217-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,746

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Off Hwy 61 drive north on 1st Ave W. In about 100 ft, take the first lot entrance on your left and drive back to the property in the alley.
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 290.7
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Tiled Floors, Drywalls
  • Amenities Exterior: Fenced Yard - Partial
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1290
  • Garage Type: None
  • Heat: Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1935
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Upper
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Poured Concrete
  • Basement Style: Partial
  • Bathroom Description: Full Main Floor
  • Formal Dining: Eat-In Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Kitchen
  • Room 7: Living Room
  • Room 8: Bathroom
  • Room 9: Loft
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1290
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame, Wood Frame

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-02-22
  • Estimated Lot Dimensions: .09 acres
  • Estimated Number of Acres: 0.09
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 80-217-0100

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2746

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
May 15, 2024
Sold by
Vickie L Kelson Revocable Trust Vicki L Kelso
Bought by
Sayler Christine and Beebe-Giudice Alexander
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$387,500
Sold Price
$375,000
Premium/Discount to List
-$12,500
-3.23%
Views
4
Current Estimated Value
$374,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$351
Avg. Annual Appreciation
-0.07%
Original Mortgage
$336,500
Outstanding Balance
$331,728
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$42,922
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
Sayler Christine $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayler Christine $336,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $375,000 -3.2% $291 / Sq Ft
04/13/2024 04/13/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $387,500 -- $300 / 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 $2,686 $309,205 $107,459 $201,746
2023 $29 $278,900 $106,900 $172,000
2022 $2,816 $249,700 $96,900 $152,800
2021 $2,714 $197,700 $82,500 $115,200
2020 $2,726 $195,100 $82,500 $112,600
2019 $2,546 $195,900 $82,500 $113,400
2018 $2,566 $185,100 $84,300 $100,800
2017 $2,076 $194,800 $88,800 $106,000
2016 $1,762 $164,300 $61,800 $102,500
2015 $1,654 $148,900 $54,700 $94,200
2014 $1,360 $149,500 $54,700 $94,800
2012 -- $123,600 $14,900 $108,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Terry Backlund

    Backlund Realty LLC

    (218) 370-8977

    72 Total Sales

    Terry Backlund
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112357

APN: 80-217-0100

Minnesota Cook County Grand Marais 55604

111 1/2 1st Ave W, Grand Marais, MN

This home is located at 111 1/2 1st Ave W, Grand Marais, MN 55604 since 22 February 2024 and is currently estimated at $374,649, approximately $290 per square foot. This property was built in 1935. 111 1/2 1st Ave W 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.

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