NOT LISTED FOR SALE

2059 W Highway 61 Grand Marais, MN 55604

Estimated Value: $567,034 - $698,000

3 Beds
2.5 Baths
2,708 Sq Ft
$230/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $355,000 $131 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,604/month

48 Days on Market

Highlights

  • Recreation Room
  • Lower Floor Utility Room
  • Wood Frame Window
  • Traditional Architecture
  • Workshop
  • 2 Car Garage

About This Home

As of August 2020

This beautiful home is situated just west of the city limits and sits on just under 8 acres of the most beautiful wooded property; Red Pine, Spruce, Fir and others abound. You will think you're miles away from Grand Marais. This home comes complete with a new kitchen and a bonus double oven as well. There's a large living room that leads out to a deck overlooking a park like view. The lower level has a large rec-space complete with kitchen. There's also a bedroom, bath, workshop and storage space. The lower level could easily be a rental or extra living space for extended family. Two decks make for relaxed outdoor living and storage is absolutely no problem. A double car plus attached garage and a detached single car garage afford plenty of space for all the toys. Did we mention the huge garden space for the active green thumb? This property is a must see. Call today for your private showing.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 05/14/2020

Last Buyer's Agent

Chris Goettl

TimberWolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,086

Year Built

  • Built in 1991

Lot Details

  • 7.87 Acre Lot
  • Property fronts a highway
  • Level Lot
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1-Story Property
  • Gas Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room

Kitchen

  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 Garage
  • Shared Driveway
  • Off-Street Parking

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Additional Features

  • Air Exchanger
  • Storage Shed

Listing and Financial Details

  • Assessor Parcel Number 53-119-4315

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,086

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West of Grand Marais near city limits at 2059 W Hwy 61
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 131.09
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 1508
  • Below Grade Finished Sq Ft: 1200
  • Garage Type: Attached, Detached
  • Heat: Boiler, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Storage Room
  • Room 11: Workshop
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1991
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: 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

  • Appliances: Dishwasher, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Kitchen, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1200
  • Basement Style: Full
  • Bathroom Description: Full Basement, 1/2 Main Floor, Full Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Family Room
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Laundry Room
  • Room 8: Rec Room
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2708
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: Highway
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Shared, Driveway - Asphalt
  • Garage Capacity: 2

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: Private
  • Water: Private

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-05-15
  • Estimated Lot Dimensions: 7.87 acres
  • Estimated Number of Acres: 7.87
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Level, Rolling
  • Parcel Number: 53-119-4315

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2086

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2020
Closed on
Aug 28, 2020
Sold by
Naylor Douglas Douglas
Bought by
Egan Mark Mark
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Chris Goettl
TimberWolff Realty LLC
List Price
$355,000
Sold Price
$355,000
Current Estimated Value
$622,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,345
Avg. Annual Appreciation
11.56%
Original Mortgage
$351,000
Outstanding Balance
$311,547
Interest Rate
2.91%
Estimated Equity
$310,798

Purchase Details

Listed on
May 9, 2014
Closed on
Jul 11, 2014
Bought by
Naylor Douglas and Schumann Vera
Seller's Agent
Bob Carter
Coldwell Banker North Shore
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$285,000
Interest Rate
4.11%
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
Egan Mark Mark $355,000 --
Naylor Douglas $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Egan Mark Mark $351,000
Previous Owner Naylor Douglas $285,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2020 08/31/20 Sold $355,000 0.0% $131 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
05/14/2020 05/14/20 For Sale $355,000 +24.6% $131 / Sq Ft
07/11/2014 07/11/14 Sold $285,000 -5.0% $106 / Sq Ft View Prior Sale
06/24/2014 06/24/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $299,900 -- $111 / 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 $3,650 $554,300 $87,000 $467,300
2023 $31 $499,700 $78,100 $421,600
2022 $2,942 $447,800 $66,400 $381,400
2021 $2,178 $358,700 $62,200 $296,500
2020 $2,086 $285,073 $94,864 $190,209
2019 $2,186 $270,794 $79,820 $190,974
2018 $2,034 $282,000 $83,300 $198,700
2017 $1,862 $272,538 $79,978 $192,560
2016 $1,646 $274,700 $80,100 $194,600
2015 $1,580 $301,700 $79,200 $222,500
2014 $1,538 $306,500 $83,600 $222,900
2012 -- $311,300 $89,300 $222,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Terry Backlund

    Backlund Realty LLC

    (218) 370-8977

    73 Total Sales

    Terry Backlund
    Section Image

  • C

    Buyer's Agent in 2020

    Chris Goettl

    TimberWolff Realty LLC

    (218) 370-9012

    41 Total Sales

    Chris Goettl
    Section Image

  • B

    Seller's Agent in 2014

    Bob Carter

    Coldwell Banker North Shore

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090044

APN: 53-119-4315

Minnesota Cook County Grand Marais 55604

2059 W Highway 61, Grand Marais, MN

This home is located at 2059 W Highway 61, Grand Marais, MN 55604 since 14 May 2020 and is currently estimated at $622,345, approximately $229 per square foot. This property was built in 1991. 2059 W Highway 61 is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

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