NOT LISTED FOR SALE

1740 W 5th St Grand Marais, MN 55604

Estimated Value: $368,000 - $456,000

4 Beds
2 Baths
2,184 Sq Ft
$184/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $289,000 $132 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,323/month

4 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Living Room

About This Home

As of March 2021

Close to town, yet in the peaceful Northwoods, here is a Grand Marais home with plenty of room for the gang. Gorgeous forest surrounds and a delightful deck is the place for happy-hour or family BBQ. The walk-out lower level is light-filled, finished and provides lots of space for everyone to spread out. Bonus: the lower level could be a great rental as a kitchen and bathroom are in place. Really nice hardwood floors. Three bedrooms upstairs creates lots of options: sleep all the kids, or create an office, maybe even a crafts room. A COVID friendly crafts room to while away the at-home hours! Kitchen has lots of storage and looks over the deck into the woods. AC in place for the occasional heatwave. Plenty of yard to get a garden in, game of bags or a good opening to watch the wild critters go about their business. Good size living room upstairs, family room below for movie night or charades. Attached garage is handy and heatable! Additional storage shed for more gear. Partial paved driveway keeps the dust at bay. A chicken coop is all yours to get a flock going. It’s maybe two miles to the World’s Best Donuts! Heck, a good walk in the AM brings you to Java Moose. Ride your bike to Artists Point. Enjoy being near the Big Lake: cool summers, milder winters, less bugs - Gitche Gumee holds sway here. Return home and study the seasons of the forest enveloping the home. Take your time, relax, this is home: time to settle in.

Last Agent to Sell the Property

John Oberholtzer

TimberWolff Realty LLC Listed on: 02/02/2021

Last Buyer's Agent

NAN PLUDE BRADLEY

Coldwell Banker Northwoods Realty

Coldwell Banker Northwoods Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 1975

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 235x200
  • Property fronts a county road
  • Poultry Coop
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Composition Shingle

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Utility Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Gravel Driveway

Outdoor Features

  • Storage Shed

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-020-2300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to W 5th Ave. Left on W 5th St, go about a mile to 1740.
  • L O1 Office Phone1 Number: 218-663-8777
  • Planned Unit Development: No
  • List Price/ Sq Ft: 132.33
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Twp Number: 1E
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1092
  • Below Grade Finished Sq Ft: 1092
  • Garage Type: Attached
  • Heat: Baseboard, Boiler, Hot Water, Propane
  • MainFloorBath: Yes
  • New Development: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Utility Room
  • Room 12: Bathroom
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 1975
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Kitchen, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Room 8: Kitchen
  • Room 9: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2184
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Storage Shed
  • Road Frontage: County, Paved
  • Construction Status: Previously Owned
  • Exterior: Composition

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Features: Heat
  • Garage Capacity: 2

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Insurance Expense: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-02-03
  • Estimated Lot Dimensions: 235x200
  • Estimated Number of Acres: 1.35
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 80-020-2300

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 1892

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Mar 31, 2021
Sold by
Silence Gideon Gideon
Bought by
Deneen Anne Anne
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
NAN PLUDE BRADLEY
Coldwell Banker Northwoods Realty
List Price
$289,000
Sold Price
$289,000
Current Estimated Value
$402,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,475
Avg. Annual Appreciation
7.53%
Original Mortgage
$231,200
Outstanding Balance
$209,310
Interest Rate
3.17%
Estimated Equity
$193,165
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
Deneen Anne Anne $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deneen Anne Anne $231,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2021 03/31/21 Sold $289,000 0.0% $132 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $289,000 -- $132 / 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 $2,340 $307,700 $50,463 $257,237
2023 $24 $287,253 $44,675 $242,578
2022 $1,948 $235,587 $42,072 $193,515
2021 $1,902 $172,040 $41,487 $130,553
2020 $1,892 $171,822 $41,477 $130,345
2019 $1,902 $171,168 $41,449 $129,719
2018 $1,804 $180,700 $49,900 $130,800
2017 $1,722 $161,467 $44,198 $117,269
2016 $1,500 $159,400 $41,100 $118,300
2015 $1,410 $161,000 $41,200 $119,800
2014 $1,740 $162,700 $41,300 $121,400
2012 -- $197,000 $53,100 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6094797

APN: 80-020-2300