NOT LISTED FOR SALE

177 Peninsula Point Trail Lutsen, MN 55612

Estimated Value: $852,000 - $1,093,000

3 Beds
3 Baths
2,528 Sq Ft
$374/Sq Ft Est. Value

Last Sold March 06, 2020

Last sale price $610,000 $241 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,897/month

146 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Recreation Room
  • Docks
  • Deck
  • No HOA

About This Home

As of March 2020

Lodge Style Living on Caribou Lake! Lutsen's famed Caribou Lake, where mountainous terrain serves as the backdrop to pristine lake waters, just minutes to Lake Superior on the North Shore! Focused on main level living, the home has a real Lodge Style feeling. A grand gathering space welcomes all who enter. An updated open kitchen with island, off set dining space that opens to the fireplace and main gathering area where folks can relax and enjoy the expansive views. Gorgeous wood floors, updated wrought iron lighting, and log beams extending across the living space create a warm and welcoming feeling. On the other side of the home are the main level bedrooms with bathrooms. Large master bedroom enjoys Lake views and a private master bathroom. Two additional bedrooms with plenty of elbow room and 2nd bathroom complete the main level living. The lower level has sweet lake views, and lots of windows to allow the natural light and lake views to flow in. Additional rec family room, laundry room, 3rd bathroom and large room that walks out to the lake make the lower level a favorite for guests to have their own space. Large patio doors allow friends and family to go back and forth to the lake enjoying the outdoor fun while you relax upstairs overseeing the activities! Large decks from different vantage points allow you to enjoy the outdoors surrounded by the tall Norway Pines and Caribou Lake, landscaped yard extending to the gravel entry to the lake, kid and kayak friendly shore! This lovely Lutsen lake home has even more to offer, a classic guest cottage that will surprise you with it's charm and great condition. A three car detached garage allows for storage of the boats and toys! There's even a tuck under garage for your ski boat! After all this is Lutsen, MN...where the outdoor fun is year round! Lutsen Mountains Ski and Summer Resort is less than 10 minutes from this home, and in between are multiple trail heads for Snowmobiling, Cross County Skiing and hiking the Superior Hiking Trail! Come take a look and enjoy this home for years to come!

Last Agent to Sell the Property

Kim Wolff

TimberWolff Realty LLC Listed on: 06/14/2019

Last Buyer's Agent

Jessica Smith

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1980

Lot Details

  • 1.76 Acre Lot
  • Private Waterfront
  • 198 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Log Cabin
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Triple Pane Windows
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Washer Hookup
  • Utility Room
  • Lake Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Accessible Home Design

  • Grab Bar In Bathroom
  • Wheelchair Ramps

Outdoor Features

  • Docks
  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Underground Utilities
  • Private Water Source
  • Private Sewer
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 27-145-0770

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,598

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Cook County 4 a/k/a Caribou Trail in Lutsen, travel North approx 5 miles, just past Cathedral of the Pines Camp, see Peninsula Point Trail on Right. Approx 1.5 miles see #177/179 on left, easy to miss. Veer right to #177.
  • InternetOptions: Fiber Optic
  • Waterfront Info Lake Maximum Depth: 30
  • L O1 Office Phone1 Number: 218-663-8777
  • List Price/ Sq Ft: 241.3
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 60
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Ada Features: Wheelchair Ramp, Grab Bars in Bathroom
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Log Home
  • FinFootageAboveGrade: 1750
  • Below Grade Finished Sq Ft: 778
  • Garage Type: Detached
  • Heat: Forced Air
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Metal
  • Room 10: Bathroom
  • Room 11: Other
  • Room 12: Other
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Log
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 3
  • Basement Features: Bath, Bedrooms, Family/Rec Room, Washer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: main
  • Bathroom 3 Level: lower
  • Bathroom Description: 3/4 Master
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Family/Rec, See Remarks, Storage Room, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Room 9: Rec Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2528
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 720
  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 198
  • Waterfront Name: Caribou
  • Construction Status: Previously Owned
  • Exterior: Log, Wood
  • Window Features:Insulated Windows: Triple Glazed

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: irreg

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-06-14
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1.76
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Underground Utilities
  • Parcel Number: 27-145-0770
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 5598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2019
Closed on
Mar 6, 2020
Bought by
Gray Kasey Kasey
Seller's Agent
Kim Wolff
TimberWolff Realty LLC
Buyer's Agent
Jessica Smith
Red Pine Realty
List Price
$610,000
Sold Price
$610,000
Total Days on Market
146
Current Estimated Value
$946,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,511
Avg. Annual Appreciation
8.68%
Original Mortgage
$488,000
Outstanding Balance
$433,301
Interest Rate
3.29%
Estimated Equity
$513,210

Purchase Details

Closed on
Feb 12, 2010
Sold by
Peacha Richard J and Peacha Nancy A
Bought by
Boland Michael A
Source: Public Records

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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
Gray Kasey Kasey $610,000 --
Boland Michael A $690,000 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray Kasey Kasey $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2020 03/06/20 Sold $610,000 0.0% $241 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
06/14/2019 06/14/19 For Sale $610,000 -- $241 / 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 $7,312 $869,500 $377,100 $492,400
2023 $66 $833,800 $376,100 $457,700
2022 $7,218 $760,400 $345,500 $414,900
2021 $6,030 $662,300 $243,600 $418,700
2020 $5,304 $674,900 $261,600 $413,300
2019 $5,598 $599,300 $250,600 $348,700
2018 $5,038 $603,500 $250,600 $352,900
2017 $4,724 $598,000 $224,800 $373,200
2016 $3,826 $598,000 $224,800 $373,200
2015 $3,632 $598,200 $224,800 $373,400
2014 $3,412 $598,800 $227,500 $371,300
2012 -- $598,800 $227,500 $371,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6083867

APN: 27-145-0770