NOT LISTED FOR SALE

1545 E Highway 61 Grand Marais, MN 55604

Estimated Value: $385,000 - $436,000

1 Bed
1 Bath
768 Sq Ft
$534/Sq Ft Est. Value

About This Home

This home is located at 1545 E Highway 61, Grand Marais, MN 55604 and is currently estimated at $410,161, approximately $534 per square foot. 1545 E Highway 61 is a home with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Chapman Patty and Chapman Brian
Bought by
Williams Martha and Williams Eric
Current Estimated Value
$410,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$414,637
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
-$4,476

Purchase Details

Closed on
Oct 26, 2023
Sold by
Gabrielsen Kathleen
Bought by
Chapman Brian and Chapman Patty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2016
Sold by
Malner Irene Irene
Bought by
Gabrielsen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
3.97%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Williams Martha $420,000 --
Chapman Brian $389,000 --
Gabrielsen Kathleen $151,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Martha $415,000
Previous Owner Chapman Brian $304,000
Previous Owner Gabrielsen Kathleen $151,500
Source: Public Records

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 $2,384 $300,900 $51,200 $249,700
2023 $12 $236,568 $42,096 $194,472
2022 $798 $169,533 $24,755 $144,778
2021 $794 $123,644 $21,110 $102,534
2020 $670 $122,881 $46,509 $76,372
2019 $720 $107,076 $32,511 $74,565
2018 $660 $132,600 $40,200 $92,400
2017 $412 $108,493 $32,621 $75,872
2016 $198 $85,600 $30,600 $55,000
2015 $190 $68,700 $16,100 $52,600
2014 $178 $68,700 $16,100 $52,600
2012 -- $70,200 $17,200 $53,000
Source: Public Records

Map

Minnesota Cook County Grand Marais 55604

1545 E Highway 61, Grand Marais, MN

This home is located at 1545 E Highway 61, Grand Marais, MN 55604 and is currently estimated at $410,161, approximately $534 per square foot. 1545 E Highway 61 is a home with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

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