L
Seller's Agent in 2021
Larry Dean
Red Pine Realty
1417 W 5th St Grand Marais, MN 55604
Estimated Value: $765,228 - $957,000
4
Beds
3
Baths
3,395
Sq Ft
$257/Sq Ft
Est. Value
Highlights
- Lake View
- Vaulted Ceiling
- Main Floor Primary Bedroom
- Heated Floors
- Traditional Architecture
- Den
About This Home
As of October 2021This large, contemporary home sits on 10 acres of privacy on the edge of Grand Marais, yet, less than a mile from downtown! It is located under the Sawtooth Mountains hillside, abutting Federal land. Relax on your deck and enjoy your morning coffee or evening cocktail, while looking at the "big lake" in the distance or enjoying the deer in your yard. This home has been well maintained in every way, even the well designed landscaping exudes excellence. Over 3300 square feet of living space includes: Hardwood, slate and heated wood laminate flooring, solid wood doors, air exchanger, and, an efficient Geothermal heating system (in-floor heat and air conditioning) with back up propane heat. You will appreciate the abundant, South facing windows (Anderson windows throughout) overlooking the lake. They even have blinds for those extra sunny days. The kitchen was made for a chef, with new black stainless stove (propane), large refrigerator and walk in pantry. The hickory cabinets and Lake Superior knobs and hardware provide a nice Northwoods touch. Don't miss the huge den/office upstairs. Feels like a private cabin. The warm downstairs has abundant privacy with a separate entrance for grilling. This could be turned into a 2 bedroom, separate suite. Notice the abundant storage and the built in bar. The heated attached garage has a drain. The EXTRA 25 by 40 garage and shop has plenty of room for your extra toys. There is even a level landing pad for your RV. NOTE: The extra 10 acres may be available to create 20 acres of privacy. Everything about this house says, "Come home!"
Last Agent to Sell the Property
Larry Dean
Red Pine Realty Listed on: 09/10/2021
Last Buyer's Agent
Larry Dean
Red Pine Realty Listed on: 09/10/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,750
Year Built
- Built in 2010
Lot Details
- 10
Home Design
- Traditional Architecture
- Poured Concrete
- Fire Rated Drywall
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 3-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Entryway
- Living Room
- Den
- Lower Floor Utility Room
- Storage Room
- Lake Views
Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
- 3 Full Bathrooms
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Finished Basement Bathroom
Parking
- 5 Car Garage
- Heated Garage
- Garage Door Opener
Utilities
- Heating System Uses Propane
- Geothermal Heating and Cooling
- Private Water Source
- Drilled Well
- Electric Water Heater
- Fuel Tank
- Private Sewer
- Fiber Optics Available
- Cable TV Available
Additional Features
- Air Exchanger
- 10 Acre Lot
Community Details
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 80-020-2120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2021
Closed on
Oct 15, 2021
Sold by
Hinchman Keith Keith
Bought by
Goss Ronald Ronald
Seller's Agent
Larry Dean
Red Pine Realty
Buyer's Agent
Larry Dean
Red Pine Realty
List Price
$614,900
Sold Price
$614,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,907
Avg. Annual Appreciation
9.07%
Interest Rate
3.05%
Purchase Details
Closed on
Nov 4, 2015
Bought by
Hinchman Keith and Hinchman Rita-Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,000
Interest Rate
3.87%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Goss Ronald Ronald | $614,900 | -- | |
| Hinchman Keith | $327,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Goss Ronald Ronald | -- | |
| Previous Owner | Hinchman Keith | $327,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $614,900 | 0.0% | $181 / Sq Ft |
| 09/20/2021 09/20/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $614,900 | -- | $181 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $8,440 | $795,500 | $215,400 | $580,100 |
| 2023 | $76 | $715,400 | $185,000 | $530,400 |
| 2022 | $4,842 | $580,300 | $183,700 | $396,600 |
| 2021 | $2,750 | $397,452 | $64,282 | $333,170 |
| 2020 | $3,250 | $240,400 | $39,718 | $200,682 |
| 2019 | $2,484 | $280,200 | $66,501 | $213,699 |
| 2018 | $2,350 | $354,700 | $58,400 | $296,300 |
| 2017 | $2,452 | $206,000 | $32,868 | $173,132 |
| 2016 | $3,820 | $220,300 | $31,800 | $188,500 |
| 2015 | $4,282 | $373,400 | $53,400 | $320,000 |
| 2014 | $4,530 | $373,600 | $53,400 | $320,200 |
| 2012 | -- | $391,400 | $67,400 | $324,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6099566
APN: 80-020-2120
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