NOT LISTED FOR SALE

200 Cardinal Rd Unit Option A - 40 acres Grand Marais, MN 55604

Estimated Value: $498,255 - $694,000

2 Beds
1 Bath
2,000 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 06, 2019

Last sale price $290,000 $145 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,510/month

32 Days on Market

Highlights

  • Panoramic View
  • 39.9 Acre Lot
  • 2 Fireplaces
  • Heated Floors
  • Pole Barn
  • Workshop

About This Home

As of November 2019

This unique 40 acre property might stimulate your agricultural talents or soothe a desire for nature. The beautifully finished home is roomy and comfortable and is surrounded by woods and fenced fields, perfect for horses or whatever livestock you desire or just leave it to the deer. The main level has an open area that includes shelving, office space, laundry and is all warmed by a wood stove. The rest of the main level has an open concept and is finished with massive posts & beams from ash harvested from the acreage. Two sets of south facing patio doors provide lots of sunlight. The kitchen cabinets are ash as well, adding to the warm feel. The cooktop is gas complimented by a built-in delonghi oven, dishwasher, and propane fridge. A stonehearth free standing fireplace warms the main living area and there is a propane wall furnace. A generous closet/pantry with well constructed shelving and a bathroom complete the main floor. The bathroom has an awesome oval bathtub with shower and ash cabinetry. The open staircase takes you to a loft sleeping area overlooking the fields. It has a roomy closet and is adjacent to the huge master bedroom. A solar panel supplements your power and could be connected to the grid for a reduction in your overall power cost. Out buildings include a 20 X 60 shed for hay or equipment, a chicken coupe, a livestock shelter, a large garage with office/workshop space. The office/workshop area is 30 by 30 with efficient in-floor heating, lots of natural light, a composting toilet. This space could be a home business or a great space for your hobbies. Not only is it a private and picturesque farm on a county maintained road, it is adjacent to public land, overlooks Cascade State Park, is close to hiking and ski trails, and its only 8 miles from Grand Marais harbor! Call us for your private showing!

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 08/26/2019

Last Buyer's Agent

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 08/26/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,418

Year Built

  • Built in 1997

Lot Details

  • 39.9 Acre Lot
  • Lot Dimensions are 1327 x 1311
  • Property fronts a county road
  • Poultry Coop
  • Landscaped with Trees
  • Additional Land

Property Views

  • Lake
  • Panoramic

Home Design

  • Metal Roof
  • Metal Siding
  • Steel Beams

Interior Spaces

  • 2,000 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Beamed Ceilings
  • Ceiling Fan
  • 2 Fireplaces
  • Free Standing Fireplace
  • Double Pane Windows
  • Wood Frame Window
  • Entrance Foyer
  • Combination Dining and Living Room
  • Workshop
  • Storage Room
  • Utility Room

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Pole Barn
  • Separate Outdoor Workshop

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Underground Utilities
  • Drilled Well
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number part of 52-130-4100

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,418

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From the corner of 5th Ave W & 5th St.(CR 7) travel west approx. 6.5 miles to the juction of CR 44, turn right and then left on Cardinal Road, drive just over a mile. The farm (#200) is on the left.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 145
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 61
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Kitchen Center Island, Natural Woodwork, Tiled Floors, Beamed Ceilings, Patio Door, Main Floor Laundry
  • Mfg And Park Info Construction Type: Steel
  • FinFootageAboveGrade: 2000
  • Garage Type: Detached
  • Heat: In Floor, Space/Wall Heater, Wood, Propane
  • Fireplaces: 2
  • Reso Roof: Metal
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1997
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Dryer, Refrigerator, Wall Oven, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom 1 Level: full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room, Informal Dining Room
  • Extra Rooms: Storage Room, Workshop
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Utility Room
  • Bathroom 2: Foyer
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Dining Room
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bathroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 2000
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Pole Building, Workshop
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Metal
  • Window Features:Insulated Windows: Double Glazed, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24 X 29

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private, Mound
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-09-05
  • Estimated Lot Dimensions: 1327 X 1311
  • Estimated Number of Acres: 39.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Additional Land Available, Tree Coverage - Medium, Underground Utilities
  • Parcel Number: part of 52-130-4100

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 31, 2019
Sold by
Perry Elizabeth R
Bought by
Patnode Craig T
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$290,000
Sold Price
$290,000
Total Days on Market
32
Current Estimated Value
$590,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,064
Avg. Annual Appreciation
11.55%
Original Mortgage
$400,000
Outstanding Balance
$360,936
Interest Rate
4.66%
Mortgage Type
New Conventional
Estimated Equity
$183,470
Source: Public Records

Range of Values:

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Average Value
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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
Patnode Craig T $500,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patnode Craig T $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2019 11/06/19 Sold $290,000 0.0% $145 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $290,000 -- $145 / 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 $3,344 $524,800 $191,000 $333,800
2023 $30 $476,200 $172,000 $304,200
2022 $3,116 $407,200 $131,800 $275,400
2021 $690 $340,100 $125,700 $214,400
2020 $672 $231,969 $96,745 $135,224
2019 $1,418 $214,688 $79,982 $134,706
2018 $1,312 $238,200 $104,100 $134,100
2017 $970 $217,851 $99,769 $118,082
2016 $1,032 $190,100 $86,000 $104,100
2015 $846 $262,100 $173,700 $88,400
2014 $766 $244,200 $172,400 $71,800
2012 -- $244,200 $172,400 $71,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085867

APN: 52-130-4100