NOT LISTED FOR SALE

120 W 8th Ave Grand Marais, MN 55604

Estimated Value: $541,241 - $611,000

5 Beds
2.5 Baths
3,449 Sq Ft
$168/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $300,000 $87 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,474/month

102 Days on Market

Highlights

  • Second Kitchen
  • Recreation Room
  • Wood Flooring
  • Lake View
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of April 2017

Grand living in Grand Marais. This well built home has three floors of living space with privacy throughout which allow you to use the space in a variety of ways. The main floor has two bedrooms. Cherry wood and Italian tile flooring. Kitchen has cherry cabinets, granite counters and commercial grade appliances. Sunny and open dining and living room space. Laundry room with pantry and built-in ironing board. Finished walk-out basement features two bedrooms, bath, living room and kitchenette area. Perfect for additional rental income or visiting guests. The upper level has a built in home office space, half bath, play area and large bedroom with lake views. Endless storage space. The home features brand new windows, screens and blinds, plus gutters and screen guards throughout the entire home. This classic Grand Marais home, within walking distance of all that the village has to offer, has had TLC throughout its life, so you’ll enjoy living in it from Day One!

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 11/04/2016

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC Listed on: 11/04/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 106 x 127
  • Lot Has A Rolling Slope
  • Few Trees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Beamed Ceilings
  • Skylights
  • Gas Fireplace
  • Wood Frame Window
  • Window Screens
  • Mud Room
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Lower Floor Utility Room
  • Utility Room
  • Lake Views
  • Finished Attic

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Apartment Living Space in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Storage Shed
  • Rain Gutters

Utilities

  • No Cooling
  • Boiler Heating System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Baseboard Heating
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 80-211-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,546

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Drive up 8th Ave W to house on right at 120 8th Ave. W.
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 86.98
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Skylight, Tiled Floors, Walk-In Closet, Beamed Ceilings, Drywalls, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 2275
  • Below Grade Finished Sq Ft: 1174
  • Garage Type: Attached
  • Heat: Baseboard, Boiler, Propane, Oil, Electric
  • Reso Roof: Asphalt Shingles
  • Room 10: Other
  • Bedroom 3: Kitchen
  • TotalBedrooms: 5
  • Year Built: 1967
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Lower
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Finished, Walkout, Apartment, Bath, Bedrooms, Family/Rec Room, Kitchen, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1517
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Lower
  • Bathroom 3 Level: Upper
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Living Room, Eat-In Kitchen
  • Extra Rooms: Attic Rm-Finish, Den/Office, Family/Rec, Mud Room, Pantry, Second Kitchen, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Rec Room
  • Bedroom 5: Master Bedroom
  • Stories: 2.25 - 2.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3449
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Curb/Gutters, Paved, Street Lights
  • Construction Status: Previously Owned
  • Exterior: Brick, Wood
  • Window Features:Insulated Windows: Screens, Wood Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-04-10
  • Estimated Lot Dimensions: 106 x 127
  • Estimated Number of Acres: 0.31
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Telephone, Rolling
  • Parcel Number: 80-211-0180

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2546

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Apr 10, 2017
Sold by
Caruthers Yvonne Yvonne
Bought by
Lutz Joseph
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$580,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,810
Avg. Annual Appreciation
7.19%

Purchase Details

Closed on
Jan 30, 2015
Sold by
Zunker Leann Leann
Bought by
Caruthers Yvonne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,500
Interest Rate
3.8%
Source: Public Records

Range of Values:

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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
Lutz Joseph $300,000 --
Caruthers Yvonne $272,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Caruthers Yvonne $272,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2017 04/10/17 Sold $300,000 0.0% $87 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
11/04/2016 11/04/16 For Sale $300,000 -- $87 / 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 $4,560 $539,300 $99,100 $440,200
2023 $43 $492,300 $84,800 $407,500
2022 $3,974 $443,100 $76,200 $366,900
2021 $3,844 $329,763 $60,625 $269,138
2020 $3,882 $326,275 $60,559 $265,716
2019 $3,698 $329,763 $60,625 $269,138
2018 $3,520 $303,300 $57,700 $245,600
2017 $2,886 $296,409 $55,873 $240,536
2016 $2,546 $253,700 $43,700 $210,000
2015 $2,402 $256,400 $43,800 $212,600
2014 $1,496 $259,100 $43,800 $215,300
2012 -- $173,100 $46,900 $126,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6025967

APN: 80-211-0180