NOT LISTED FOR SALE

1627 W 5th St Grand Marais, MN 55604

Estimated Value: $343,000 - $429,000

2 Beds
1 Bath
936 Sq Ft
$417/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $313,000 $334 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,246/month

5 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Home Security System
  • Heated Floors
  • 2 Car Detached Garage
  • Landscaped with Trees

About This Home

As of August 2021

Tucked-away Home-Grand Marais. This secluded property is just outside of town, but feels isolated and surrounded by wilderness. The small 2 bedroom, 1 bath home is in like-new condition, having been well maintained and updated. The large wrap-around deck is perfect for evening grilling, or your morning cup of tea. The detached 2-car garage has heated shop or workout space. There’s a large wood shop building with adjoining garage-storage and an inside/outside dog kennel. This place is ready to go, nothing to do but move in. Mechanicals are newer and it even has air conditioning. Furnishings included.

Last Agent to Sell the Property

Mike Raymond

Red Pine Realty Listed on: 06/27/2021

Last Buyer's Agent

John Oberholtzer

TimberWolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,722

Year Built

  • Built in 1994

Lot Details

  • 1.67 Acre Lot
  • Lot Dimensions are 330 x 220
  • Property fronts a county road
  • Dog Run
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Heated Floors
  • Crawl Space
  • Home Security System
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Deck
  • Greenhouse
  • Separate Outdoor Workshop
  • Storage Shed
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Mound Septic
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 80-020-2215

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,722

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West of Hospital on #7 about .5 miles.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 334.4
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Security System, Drywalls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dog Run, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 936
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, In Floor, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Pantry
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 936

Exterior Features

  • Out Buildings: Greenhouse, Storage Shed, Workshop, Other Buildings
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Electrical Service
  • Garage Capacity: 2

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: Mound
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-06-27
  • Estimated Lot Dimensions: 330 x 220
  • Estimated Number of Acres: 1.67
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Underground Utilities, Rolling
  • Parcel Number: 80-020-2215

Rental Info

  • Lease Terms: Cash, Conventional, FHA, USDA, VA DVA

Tax Info

  • Tax Amount: 1722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Rundman Eric and Rundman Joan
Bought by
Theismann Rachel and Theismann Michael
Current Estimated Value
$389,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$253,887
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$136,040

Purchase Details

Listed on
Jun 27, 2021
Closed on
Aug 16, 2021
Sold by
Sylvester Annette Annette
Bought by
Rundman Eric Eric
Seller's Agent
Mike Raymond
Red Pine Realty
Buyer's Agent
John Oberholtzer
TimberWolff Realty LLC
List Price
$313,000
Sold Price
$313,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$308,000
Interest Rate
2.87%
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
Theismann Rachel $350,000 --
Rundman Eric Eric $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Theismann Rachel $265,000
Previous Owner Rundman Eric Eric $308,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2021 08/18/21 Sold $313,000 0.0% $334 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/27/2021 06/27/21 For Sale $313,000 -- $334 / 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 $2,214 $293,966 $55,707 $238,259
2023 $23 $273,410 $49,406 $224,004
2022 $1,784 $246,078 $48,380 $197,698
2021 $1,722 $159,287 $41,257 $118,030
2020 $1,738 $157,434 $41,166 $116,268
2019 $1,366 $158,851 $41,236 $117,615
2018 $1,288 $144,200 $51,900 $92,300
2017 $1,202 $120,919 $43,251 $77,668
2016 $1,062 $117,300 $40,100 $77,200
2015 $994 $121,100 $40,400 $80,700
2014 $1,592 $122,200 $40,500 $81,700
2012 -- $182,500 $61,600 $120,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Mike Raymond

    Red Pine Realty

    (218) 370-0373

    152 Total Sales

    Mike Raymond
    Section Image

  • J

    Buyer's Agent in 2021

    John Oberholtzer

    TimberWolff Realty LLC

    (218) 370-0236

    139 Total Sales

    John Oberholtzer
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097942

APN: 80-020-2215

Minnesota Cook County Grand Marais 55604

1627 W 5th St, Grand Marais, MN

This home is located at 1627 W 5th St, Grand Marais, MN 55604 since 27 June 2021 and is currently estimated at $389,927, approximately $416 per square foot. This property was built in 1994. 1627 W 5th St is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

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