NOT LISTED FOR SALE

1401 E Highway 61 Grand Marais, MN 55604

Estimated Value: $339,457 - $415,000

3 Beds
1.5 Baths
2,178 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $150,000 $69 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $2,083/month

19 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Woodwork
  • Landscaped

About This Home

As of March 2015

Functionally designed for great family living! Nice location just a hop, skip and a jump east of Grand Marais! This home has tons of great qualities waiting for a visionary to bring this home up to date! Well built in the late 70s, this home needs some TLC, but the original construction is excellent, a real solid home. Enter through a formal entry and enjoy the whimsical dual stair cases in to the main living space of the kitchen and living room. Spectacular fireplace, gorgeous stone welcomes you in to a bright living space. Adjoining dining area walks out on to a large solid deck, great for grilling family dinners! Upper level features three nice size bedrooms and a huge full bath, plenty of room for the whole family! Enjoy a main level south facing den/office room that could serve as a 4th bedroom. Large storage room, mudroom informal entry, and a semi finished man cave basement...youll see the potential in this lost beauty. Move in now and work on it while you live in it!

Last Agent to Sell the Property

Kim Wolff

Timber Wolff Realty LLC Listed on: 11/18/2014

Last Buyer's Agent

Emily Lien

Timber Wolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,296

Year Built

  • 1976

Lot Details

  • 1.37 Acre Lot
  • Landscaped

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • Woodwork
  • Wood Burning Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Baseboard Heating
  • Heating System Uses Wood
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 53-115-3400

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,296

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Natural Woodwork, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Driveway - Gravel
  • Estimated Number of Acres: 1.37
  • Construction: Previously Owned
  • Parcel Number: 53-115-3400
  • Stories: 1.25 - 1.75 Story
  • Percentage Of Ownership: 100
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Breakfast Bar, Informal Dining Room
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 3
  • Bathroom Description: Main Floor 1/2 Bath, Upper Level Bath
  • Total Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Living Room, 20x14, On Level: Main
  • Room 2: Kitchen, 12x12, On Level: Main
  • Room 3: Dining Room, 12x10, On Level: Main
  • Room 4: Master Bedroom, 16x12, On Level: Upper
  • Room 5: Bedroom, 15x12, On Level: Upper
  • Room 6: Bedroom, 12x12, On Level: Upper
  • Room 7: 13x10, On Level: Upper
  • Room 8: Den/Office, 15x12, On Level: Main
  • Room 9: Workshop, 19x12, On Level: Main
  • Room 10: Foyer, 10x7, On Level: Main
  • Room 11: Mud Room, 19x11, On Level: Main
  • Room 12: Utility Room, 26x29, On Level: Lower
  • Basement Features: Daylight/Lookout Windows, Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 2178
  • Below Grade Finished Sq Ft: 750
  • Total Square Footage: 2178

Exterior Features

  • Construction Type: Frame/Wood
  • Exterior: Wood

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 2

Utilities

  • Fuel: Electric, Wood
  • Heat: Baseboard, Fireplace
  • Sewer: Private
  • Water: Private

Schools

  • School District: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irreg
  • Lot/Land Description: Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Mar 16, 2015
Bought by
White Janine and White Cody
Seller's Agent
Kim Wolff
Timber Wolff Realty LLC
Buyer's Agent
Emily Lien
Timber Wolff Realty LLC
List Price
$163,500
Sold Price
$150,000
Premium/Discount to List
-$13,500
-8.26%
Current Estimated Value
$376,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,614
Avg. Annual Appreciation
9.05%
Original Mortgage
$150,000
Outstanding Balance
$114,715
Interest Rate
3.64%
Estimated Equity
$261,899
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
White Janine $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Janine $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2015 03/16/15 Sold $150,000 -8.3% $69 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
11/18/2014 11/18/14 For Sale $163,500 -- $75 / 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 $1,296 $279,796 $51,025 $228,771
2023 $14 $262,292 $46,770 $215,522
2022 $1,312 $236,568 $36,634 $199,934
2021 $1,086 $183,921 $33,630 $150,291
2020 $978 $157,107 $59,036 $98,071
2019 $1,052 $142,610 $45,117 $97,493
2018 $974 $166,400 $52,200 $114,200
2017 $886 $145,880 $45,327 $100,553
2016 $1,078 $147,400 $45,400 $102,000
2015 $1,012 $212,200 $29,900 $182,300
2014 $932 $212,200 $29,900 $182,300
2012 -- $215,100 $32,400 $182,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4698018

REALTOR® Association of Southern Minnesota

APN: 53-115-3400