$425,000

120 W 2nd St Grand Marais, MN 55604

Estimated payment $2,633/month

Total Views 13,684
10 Beds
6 Baths
4,192 Sq Ft
$101 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Laundry Room
  • Great Room
  • Lower Floor Utility Room
  • 3-minute walk to Judge C R Magney State Park

About This Home

Imagine the possibilities! This house plus business space could become a hostel or bed and breakfast. Or, live in the house and run your business out of the NE side. Currently it's used as a boarding house. The central location in the Mixed Use zone can't be beat! Bring your ideas!

Listing Agent

Jacob Patten

Red Pine Realty

Co-Listing Agent

Melissa Gregg

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1965

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 132x98

Parking

  • No Garage

Home Design

  • Concrete Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Decorative Fireplace
  • Great Room
  • Lower Floor Utility Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Utilities

  • Boiler Heating System
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-217-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,174

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 61 turn north on W 2nd Ave. The property is on the right at the corner with 2nd St.
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 101.38
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2025
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2992
  • Below Grade Finished Sq Ft: 1200
  • Garage Type: None
  • Heat: Boiler, Radiant
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 10
  • Year Built: 1965
  • Level 1 Bedroom: Main
  • RoomLevel3: Upper
  • RoomLevel4: Lower
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 6
  • Basement Features: Egress Windows, Bath, Bedrooms, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block, Poured Concrete
  • Estimated Basement Sq Ft: 2096
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Main Floor, 3/4 Upper
  • Fireplace: Yes
  • Den Fireplace Type: Decorative
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Great Room
  • Main Residence Features:Family Room4: Laundry Room
  • Stories: 3 Story
  • Total Bathrooms: 6
  • Total Fin Square Footage: 4192
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

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: 2025-01-18
  • Estimated Lot Dimensions: 132x98
  • Estimated Number of Acres: 0.3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 80-217-0240

Tax Info

  • Tax Amount: 3174

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2023 $29 $306,000 $136,600 $169,400
2022 $2,918 $279,100 $123,800 $155,300
2021 $2,894 $226,000 $105,500 $120,500
2020 $2,960 $228,800 $105,500 $123,300
2019 $4,706 $234,300 $105,500 $128,800
2018 $4,806 $273,000 $133,700 $139,300
2017 $4,634 $289,400 $140,700 $148,700
2016 $3,942 $248,900 $103,900 $145,000
2015 $3,778 $226,400 $92,000 $134,400
2014 $4,332 $229,000 $92,000 $137,000
2012 -- $255,800 $98,000 $157,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2025 03/05/25 Price Changed $425,000 -14.1% $101 / Sq Ft
01/17/2025 01/17/25 For Sale $495,000 +182.9% $118 / Sq Ft
04/30/2019 04/30/19 Sold $175,000 0.0% $39 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/28/2017 04/28/17 For Sale $175,000 -- $39 / Sq Ft
Source: Lake Superior Area REALTORS®

Deed History

Date Type Sale Price Title Company
Grant Deed $168,939 North Shore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $125,000 New Conventional
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6117545

APN: 80-217-0240