NOT LISTED FOR SALE

1225 W 2nd St Grand Marais, MN 55604

Estimated Value: $314,227 - $366,000

3 Beds
1 Bath
1,007 Sq Ft
$343/Sq Ft Est. Value

Last Sold October 31, 2018

Last sale price $215,000 $214 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,952/month

50 Days on Market

Highlights

  • Newly Remodeled
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Vaulted Ceiling
  • 2 Car Detached Garage
  • Views

About This Home

As of October 2018

This beautiful brand new construction home is part of a new development in Grand Marais that features four single family homes in phase one (summer 2018) and four more single family homes in phase two (fall 2018). All homes in the development will be sold through the Community Land Trust program, in which households purchase the house and lease the land. The houses must be owner-occupied as a principal residence and cannot be used as vacation rental property. Prospective buyers for this house must have a gross annual income under $96,900 to purchase this home. The home has an appraised value of $240,000 but is being sold for $25,000 below market value to income qualified households. Enjoy the privacy of the adjacent woods while being just minutes away from all that Grand Marais has to offer! Come and see this gem today!!

Last Agent to Sell the Property

Jim Philbin

1 Roof Community Housing Listed on: 07/12/2018

Last Buyer's Agent

Jim Philbin

1 Roof Community Housing Listed on: 07/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $232

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 148 x 156
  • Land Lease of $32

Home Design

  • Asphalt Shingled Roof
  • Wood Siding
  • Modular or Manufactured Materials

Interior Spaces

  • 1,007 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Window Screens
  • Living Room
  • Combination Kitchen and Dining Room
  • Crawl Space
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Air Exchanger

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 80-700-0101

Home Details

Home Type

Single Family

Est. Annual Taxes

$232

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to 8th Ave to 2nd St
  • L O1 Office Phone1 Number: 218-727-5372
  • LotLeaseAmount: 32
  • List Price/ Sq Ft: 213.51
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Vaulted Ceilings, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1007
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • New Development: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 2018
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • Property Style: Multi-level
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 728
  • Basement Style: Crawl Space
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Bedroom
  • Bathroom 2: Bedroom
  • Main Residence Features:Family Room4: Living Room
  • Bedroom 5: Kitchen
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Other
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1007
  • Exercise Room Level2: Second Floor

Exterior Features

  • Road Frontage: City
  • Construction Status: Completed New Construction
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows, Screens

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 x 24

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: 2018-07-12
  • Estimated Lot Dimensions: 148 x 156
  • Estimated Number of Acres: 0.53
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 80-700-0101

Rental Info

  • Lease Terms: Conventional, USDA, MHFA/WHEDA

Tax Info

  • Tax Amount: 232

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2018 10/31/18 Sold $215,000 0.0% $214 / Sq Ft
08/31/2018 08/31/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $215,000 -- $214 / 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 $1,436 $281,213 $90,059 $191,154
2023 $18 $223,597 $85,402 $138,195
2022 $2,104 $200,162 $76,646 $123,516
2021 $2,058 $184,139 $73,347 $110,792
2020 $1,022 $184,139 $73,347 $110,792
2019 $1,528 $203,100 $80,900 $122,200
2018 $232 $92,000 $92,000 $0
2017 $0 $14,700 $14,700 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jim Philbin

    1 Roof Community Housing

    (218) 348-6258

    96 Total Sales

    Jim Philbin
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6076952

APN: 80-700-0101

Minnesota Cook County Grand Marais 55604

1225 W 2nd St, Grand Marais, MN

This home is located at 1225 W 2nd St, Grand Marais, MN 55604 since 12 July 2018 and is currently estimated at $345,076, approximately $342 per square foot. This property was built in 2018. 1225 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.

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