NOT LISTED FOR SALE

1534 E Highway 61 Grand Marais, MN 55604

Estimated Value: $596,000 - $804,540

1 Bed
1 Bath
1,260 Sq Ft
$572/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $800,000 $635 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,185/month

15 Days on Market

Highlights

  • Private Waterfront
  • Guest House
  • Main Floor Primary Bedroom
  • Beach Access
  • Panoramic View
  • No HOA

About This Home

As of September 2022

Exceptional Lake Superior lot with 5.8 aces and 313 feet of stunning ledge rock shoreline, located less than 2 miles from downtown Grand Marais, providing a premier location. Properties like this rarely come available because they tend to stay in the family for multiple generations. The long winding driveway and ample acreage provides plenty of privacy that truly creates a park like setting, with the mature trees and the mesmerizing shoreline. There are views of Artist Point from the lake & with a little thinning of the trees a panoramic view from the home site would be exposed. There is a sweet old family cottage used for many years, that could be updated or leveled to accommodate your dream home. If you are wanting to build a Lake Superior home, this property is the perfect setting!

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 08/02/2022

Last Buyer's Agent

Sue Nichols

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,908

Year Built

  • Built in 1950

Lot Details

  • 5.82 Acre Lot
  • Private Waterfront
  • 313 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Elevated Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Cabin
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paneling
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan
  • Workshop

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Beach Access
  • Separate Outdoor Workshop

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Private Water Source
  • Drilled Well
  • Septic Type Unknown
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53-114-3350

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,908

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From the stoplight in Grand Marais follow Hwy 61 east approx. 1.8 miles. Look for the sign on the right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 634.92
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • ShorelineCharacteristics: Hard, Rocky, Shore-Accessible, Elevation-Medium, Elevation-High, Shore-Beach
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 61
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Natural Woodwork, Beamed Ceilings, Panelled Walls
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1260
  • Garage Type: None
  • Heat: Fireplace
  • Fireplaces: 1
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Refrigerator, Range/Stove
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Posts
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Extra Rooms: Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Workshop
  • Stories: 1 Story
  • Room 6: Other
  • Room 7: Dining Room
  • Room 8: Other
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1260
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Workshop, Guesthouse
  • Road Frontage: Highway, Paved, State
  • Waterfront Access: Private
  • Water Frontage In Feet: 313
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: Unknown
  • Water: Drilled, Private

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-08-02
  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 5.82
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Lot Description: Accessible Shoreline, Irregular Lot, Tree Coverage - Medium, High, Rolling
  • Parcel Number: 53-114-3350
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 23, 2022
Sold by
Gordon N Hutchinson Trust Dated October
Bought by
Plummer Edmund
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Sue Nichols
Red Pine Realty
List Price
$800,000
Sold Price
$800,000
Current Estimated Value
$720,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,153
Avg. Annual Appreciation
-3.30%
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
Plummer Edmund $800,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2022 09/23/22 Sold $800,000 0.0% $635 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $800,000 -- $635 / 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 $4,860 $664,700 $519,200 $145,500
2023 $41 $584,000 $450,500 $133,500
2022 $3,908 $517,800 $393,400 $124,400
2021 $3,952 $424,600 $322,900 $101,700
2020 $3,944 $430,500 $356,900 $73,600
2019 $4,062 $422,100 $345,700 $76,400
2018 $3,868 $423,700 $345,700 $78,000
2017 $3,550 $425,100 $345,700 $79,400
2016 $3,174 $426,700 $345,700 $81,000
2015 $3,616 $416,300 $332,400 $83,900
2014 $3,496 $498,000 $389,100 $108,900
2012 -- $678,500 $569,600 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104674

APN: 53-114-3350