NOT LISTED FOR SALE

164 the Grade Grand Marais, MN 55604

Estimated Value: $221,147 - $326,000

2 Beds
1 Bath
528 Sq Ft
$524/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $154,000 $292 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,672/month

23 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Beach Access
  • Ranch Style House
  • Docks
  • Lake View
  • Living Room

About This Home

As of August 2018

Cute, cozy and comfortable...that's what this Two Island Lakeshore cottage is. Two bedrooms, one bath and just a few feet away from the dock, this cabin features a propane stove, propane refrigerator and a cool generator for all the comforts of home. You will think you are worlds away from civilization yet it is just a short 20 minute drive to the heart of Grand Marais. Two Island Lake is one of the most beautiful in the county and features some fun fishing. Call right now and we will schedule your private showing.

Last Agent to Sell the Property

Bob Carter

Coldwell Banker North Shore Listed on: 06/20/2018

Last Buyer's Agent

Chad Jones

Northern Premier, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1968

Lot Details

  • 6.38 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a state road
  • Many Trees

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 528 Sq Ft Home
  • Living Room
  • Lake Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Docks

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 52-204-2320

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Gunflint Trail approximately 4 miles to Devil Track Road (County Road 8). Left 5.5 miles to Ball Club Road (County Road 27). Right 4.8 miles to The Grade. Left .8 mile to property.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 291.67
  • Road Maintenance: See Remarks
  • ShorelineCharacteristics: Rocky, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Twp Number: 62N
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Amenities Exterior: Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 528
  • Garage Type: None
  • Heat: Space/Wall Heater, Propane
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1968
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 528
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 528
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Other Buildings
  • Road Frontage: State
  • Water Frontage In Feet: 200
  • Waterfront Name: Two Island
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Off Street

Utilities

  • Power Company: Other
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-06-20
  • Estimated Lot Dimensions: 200 by 1390
  • Estimated Number of Acres: 6.38
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 52-204-2320
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Aug 3, 2018
Sold by
Hokkala Caro L and Hokkala Gordon
Bought by
Silence Briane L
Seller's Agent
Bob Carter
Coldwell Banker North Shore
Buyer's Agent
Chad Jones
Northern Premier, LLC
List Price
$154,000
Sold Price
$154,000
Current Estimated Value
$276,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,787
Avg. Annual Appreciation
10.85%
Original Mortgage
$123,200
Outstanding Balance
$92,792
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$226,170
Source: Public Records

Range of Values:

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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
Silence Briane L -- North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silence Briane L $123,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $154,000 0.0% $292 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $154,000 -- $292 / 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 $2,008 $248,300 $163,000 $85,300
2023 $18 $225,100 $148,200 $76,900
2022 $1,786 $212,300 $140,600 $71,700
2021 $1,760 $164,500 $107,100 $57,400
2020 $1,764 $162,000 $118,100 $43,900
2019 $1,406 $160,600 $113,900 $46,700
2018 $1,346 $148,800 $116,900 $31,900
2017 $1,224 $149,200 $116,900 $32,300
2016 $1,070 $149,200 $116,900 $32,300
2015 $1,012 $145,900 $98,000 $47,900
2014 $976 $145,900 $98,000 $47,900
2012 -- $145,900 $98,000 $47,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6076302

APN: 52-204-2320