NOT LISTED FOR SALE

1650 W 5th St Grand Marais, MN 55604

Estimated Value: $472,000 - $660,000

4 Beds
3 Baths
3,160 Sq Ft
$176/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $389,000 $123 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,284/month

5 Days on Market

Highlights

  • Lake View
  • Den
  • Brick or Stone Mason
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Living Room

About This Home

As of July 2021

Spacious home with ample storage and comfortable living areas. A big yard with crab apple and spruce trees, and a fire ring. Featuring a large kitchen with oak cabinets, new appliances and tile floors, wonderful for day-to-day life as well as for entertaining guests. Although the property is designed to function entirely on electricity, the free-standing wood stove downstairs and a stone fireplace upstairs can be used to take off the chill on a cool fall evening, or create north-woods comfort in the winter months. The 2-stall attached garage keeps ice off your windshields! Less than a mile from the action of downtown Grand Marais, yet far enough out that you can't see your neighbors and could retreat to the house for a quiet evening or weekend "stay-cation." Come see it before it's gone!

Last Agent to Sell the Property

Jacob Patten

Red Pine Realty Listed on: 05/08/2021

Last Buyer's Agent

Jacob Patten

Red Pine Realty Listed on: 05/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1991

Lot Details

  • 3 Acre Lot
  • Lot Dimensions are 340' x 385'
  • Level Lot
  • Few Trees

Home Design

  • Brick or Stone Mason
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Car Attached Garage
  • Tandem Garage
  • Gravel Driveway
  • Shared Driveway

Utilities

  • Dual Heating Fuel
  • Private Water Source
  • Drilled Well
  • Private Sewer
  • Sewer Holding Tank
  • Fiber Optics Available

Additional Features

  • Storage Shed
  • Tillable Land

Listing and Financial Details

  • Assessor Parcel Number 80-020-2320

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,168

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Cook County Rd 7 to 1650. Turn onto gravel driveway and keep right at fork.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 123.1
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 61N
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood, Brick
  • FinFootageAboveGrade: 1580
  • Below Grade Finished Sq Ft: 1580
  • Garage Type: Attached, Tandem
  • Heat: Dual Fuel/Off Peak
  • Fireplaces: 2
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Bedroom
  • Room 12: Den/Office
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1991
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Second Floor
  • RoomLevel4: Second Floor
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Lower
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space, Partial, Slab
  • Bathroom Description: 3/4 Master
  • Extra Rooms: Utility Room, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Master Bedroom
  • Room 8: Bathroom
  • Room 9: Family Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3160
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Shared, Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: Private, Drain Field, Holding Tank
  • Water: Private, Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-05-09
  • Estimated Lot Dimensions: 340' x 385'
  • Estimated Number of Acres: 3
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tillable, Tree Coverage - Light, Level
  • Parcel Number: 80-020-2320

Tax Info

  • Tax Amount: 4168

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2021
Closed on
Jul 30, 2021
Sold by
Poliquin Beth Beth
Bought by
Peters Charles Charles
Seller's Agent
Jacob Patten
Red Pine Realty
Buyer's Agent
Jacob Patten
Red Pine Realty
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$556,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,708
Avg. Annual Appreciation
8.82%
Original Mortgage
$369,550
Outstanding Balance
$335,529
Interest Rate
2.8%
Estimated Equity
$221,179

Purchase Details

Listed on
Apr 8, 2016
Closed on
Jul 29, 2016
Sold by
Tidwell James James
Bought by
Poliquin Michael and Poliquin Beth
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$312,000
Sold Price
$312,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$312,000
Interest Rate
3.54%
Source: Public Records

Range of Values:

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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
Peters Charles Charles $389,000 --
Poliquin Michael $312,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Charles Charles $369,550
Previous Owner Poliquin Michael $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $389,000 0.0% $123 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/08/2021 05/08/21 For Sale $389,000 +24.7% $123 / Sq Ft
08/02/2016 08/02/16 Sold $312,000 0.0% $99 / Sq Ft View Prior Sale
07/19/2016 07/19/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $312,000 -- $99 / 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 $4,092 $498,014 $84,531 $413,483
2023 $40 $456,800 $73,900 $382,900
2022 $4,322 $389,386 $71,232 $318,154
2021 $4,168 $357,013 $69,586 $287,427
2020 $4,174 $352,108 $69,495 $282,613
2019 $3,946 $352,980 $69,511 $283,469
2018 $3,754 $320,200 $60,000 $260,200
2017 $3,632 $314,939 $58,484 $256,455
2016 $3,142 $314,200 $55,200 $259,000
2015 $2,650 $310,600 $55,100 $255,500
2014 $3,112 $283,200 $54,500 $228,700
2012 -- $331,600 $63,000 $268,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096600

APN: 80-020-2320