NOT LISTED FOR SALE

1470 E Highway 61 Grand Marais, MN 55604

Estimated Value: $578,000 - $1,160,739

5 Beds
3 Baths
2,776 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $440,000 $159 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $5,236/month

2 Days on Market

Highlights

  • 215 Feet of Waterfront
  • Boat Slip
  • RV Access or Parking
  • Beach Access
  • Sauna
  • Deck

About This Home

As of March 2013

Incredible Lake Superior beach front property priced to sell! This 5 bedroom 3 bath home is only a stones throw from Grand Marais. Relax on the sandy beach and watch the sun set or launch the boat in your private cove. Included in the property is a huge 72 x 36 garage with room for 10+ cars or your dream workshop. Home has been in the vacation rental pool in the past with strong rental numbers.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 12/08/2012

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC Listed on: 12/08/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,758

Year Built

  • 1976

Lot Details

  • 3.27 Acre Lot
  • 215 Feet of Waterfront
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Wood Burning Fireplace
  • Formal Dining Room
  • Sauna
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 10 Car Detached Garage
  • RV Access or Parking

Outdoor Features

  • Beach Access
  • Boat Slip
  • Deck
  • Patio

Utilities

  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 53-122-1215

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,758

Year Built

1976

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork
  • Amenities Exterior: Boat Slip, Deck, Patio, RV Parking, Sauna
  • Estimated Number of Acres: 3.27
  • Construction: Previously Owned
  • Parcel Number: 53-122-1215
  • Stories: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Formal Dining Room
  • Fireplace Type: Wood Burning
  • Total Bedrooms: 5
  • Total Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 24x13, On Level: Main
  • Room 2: Dining Room, 13x11, On Level: Main
  • Room 3: Kitchen, 14x11, On Level: Main
  • Room 4: Rec Room, 22x13, On Level: Lower
  • Room 5: Master Bedroom, 16.5x12, On Level: Upper
  • Room 6: Bedroom, 14x12, On Level: Upper
  • Room 7: 9x9, On Level: Lower
  • Room 8: Bedroom, 11x10.5, On Level: Lower
  • Room 9: Bedroom, 10.5x10.5, On Level: Lower
  • Basement Features: Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full, Walk-out
  • Finished Above Grade Sq Ft: 1668
  • Below Grade Finished Sq Ft: 1108
  • Total Fin Square Footage: 2776
  • Total Square Footage: 2200

Exterior Features

  • Waterfront Name: Superior
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Wood
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Water Frontage: 215
  • Waterfront Description: Lake Superior

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 10

Utilities

  • Fuel: Electric, Propane - Tank Owned, Wood
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium

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
03/01/2013 03/01/13 Sold $440,000 -2.0% $159 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
12/08/2012 12/08/12 For Sale $449,000 -- $162 / 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 $7,758 $979,000 $545,400 $433,600
2023 $58 $880,000 $484,300 $395,700
2022 $4,348 $663,400 $328,600 $334,800
2021 $4,270 $530,900 $259,600 $271,300
2020 $4,310 $523,700 $295,800 $227,900
2019 $4,538 $521,900 $290,500 $231,400
2018 $4,240 $524,800 $290,500 $234,300
2017 $3,894 $528,300 $290,500 $237,800
2016 $3,248 $531,200 $290,500 $240,700
2015 $2,962 $543,200 $299,600 $243,600
2014 $2,746 $528,900 $300,900 $228,000
2012 -- $637,400 $340,900 $296,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4423419

REALTOR® Association of Southern Minnesota

APN: 53-122-1215