NOT LISTED FOR SALE

2011 E Highway 61 Grand Marais, MN 55604

Estimated Value: $309,000 - $427,000

3 Beds
2 Baths
2,248 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $161,000 $72 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,019/month

114 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Wet Bar
  • Wood Burning Stove
  • 1 Car Attached Garage
  • Breakfast Bar

About This Home

As of March 2014

Nice 3 bedroom 2 bath lake view home on five acres. Newer kitchen with gorgeous cook stove and granite counter island. Maple flooring in kitchen, dining and living room area. Large deck off the living room. Large rec-room space on lower level. Newer on-demand hot water system.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 10/10/2013

Last Buyer's Agent

Harry Drabik

Coldwell Banker North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,288

Year Built

  • 1977

Lot Details

  • 5.2 Acre Lot
  • Property fronts a highway
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Modular or Manufactured Materials
  • Concrete Block And Stucco Construction

Interior Spaces

  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Free Standing Fireplace
  • Combination Dining and Living Room
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Natural lighting in basement

Parking

  • 1 Car Attached Garage
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 54-107-3310

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,288

Year Built

1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Hardwood Floors, Kitchen Center Island, Washer/Dryer Hookups, Wet Bar
  • Amenities Exterior: Driveway - Gravel
  • Estimated Number of Acres: 5.2
  • Construction: Previously Owned
  • Foundation Size: 1124
  • Mechanicals: Water Heater-Gas
  • Parcel Number: 54-107-3310
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Dining Room: Breakfast Bar, Combine with Living Room, Open Floor Plan
  • Fireplace Type: Free Standing
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 3
  • Bathroom Description: Full Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Daylight/Lookout Windows, Finished
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1124
  • Below Grade Finished Sq Ft: 1124
  • Total Fin Square Footage: 2248
  • Total Square Footage: 2248

Exterior Features

  • Frontage Road: Highway
  • Construction Type: Concrete Block, Frame/Wood, Modular
  • Exterior: Wood
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 1

Utilities

  • Fuel: Propane - Tank Owned, Wood
  • Heat: Baseboard, Boiler, Wood Stove
  • Sewer: Private
  • Water: Private

Schools

  • School District: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 5.20 acres
  • Lot/Land Description: Tree Coverage - Medium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2013
Closed on
Mar 31, 2014
Bought by
Johnson Gregory and Johnson Jodi
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Harry Drabik
Coldwell Banker North Shore
List Price
$174,900
Sold Price
$161,000
Premium/Discount to List
-$13,900
-7.95%
Current Estimated Value
$351,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,680
Avg. Annual Appreciation
6.70%
Original Mortgage
$161,000
Outstanding Balance
$123,229
Interest Rate
4.29%
Estimated Equity
$214,586
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
Johnson Gregory $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Gregory $161,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $161,000 -7.9% $72 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
10/10/2013 10/10/13 For Sale $174,900 -- $78 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,288 $278,706 $75,654 $203,052
2023 $13 $251,283 $67,116 $184,167
2022 $1,228 $230,682 $56,873 $173,809
2021 $1,042 $173,893 $47,580 $126,313
2020 $4,366 $151,984 $72,315 $79,669
2019 $1,028 $147,842 $61,122 $86,720
2018 $948 $163,900 $70,200 $93,700
2017 $860 $142,719 $60,684 $82,035
2016 $754 $144,100 $60,800 $83,300
2015 $724 $161,100 $51,100 $110,000
2014 $712 $164,300 $53,900 $110,400
2012 -- $175,600 $63,800 $111,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4550286

REALTOR® Association of Southern Minnesota

APN: 54-107-3310