NOT LISTED FOR SALE

2366 W Highway 61 Grand Marais, MN 55604

Estimated Value: $436,000 - $1,176,346

4 Beds
2 Baths
2,245 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $1,125,000 $501 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $5,177/month

26 Days on Market

Highlights

  • 150 Feet of Waterfront
  • 2 Fireplaces
  • Tandem Parking
  • Wood Burning Stove
  • No HOA
  • Living Room

About This Home

As of March 2024

Lake Superior Waterfront!! VIEWS!! A Great Lakefront property and a rare golden opportunity has arisen!! Buy this gem, put your tender touches on it, and you can enjoy life every day from your deck watching the Moon, Sunrises , Sunsets and everchanging Great Lake moods of the largest freshwater body of water in the world!!(by surface area it is 31,700 sq miles)! Built in 1980 by Larry Krause, a local builder, this one-owner, 4 Bdrm, 2 Bath raised ranch style home with LL walkout is set on3.36 acres of high land and has a large 30x40 garage, a 20x20 outbuilding, and a 30x53.6 Morton Pole Building for all of your storage needs! The 2271 sqft house has a fun 1980s vibe with gray oak walls and an open floor plan with vaulted ceilings and patio doors off the Kitchen, Living room, Bedroom, and LL Family room. There are freestanding wood fireplaces on both the upper and lower floors perfect for taking the chill out on those cold wintry days.

Last Agent to Sell the Property

Christine Fairchild

RE/MAX Results Duluth Listed on: 11/03/2023

RE/MAX Results Duluth

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,540

Year Built

  • Built in 1980

Lot Details

  • 3.36 Acre Lot
  • Lot Dimensions are 150x975
  • 150 Feet of Waterfront
  • Many Trees

Parking

  • 4 Car Garage
  • Tandem Parking

Home Design

  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 521252385

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,540

Year Built

Built in 1980

Lot Details

0

Parking

4

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Garage Spaces: 4
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Drilled, Private
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 1139
  • Water Body Name: Superior
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Full, Walkout
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace Features: Free Standing
  • Living Area: 2245
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1106
  • Basement YN: Yes
  • Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bathroom, Bedroom 3, Bedroom 4, Family Room, Laundry

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • Other Structures: Lean-To, Other, Pole Building, Storage Shed
  • ConstructionMaterialsDesc: Frame
  • LakeChain: N
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Detached, Tandem

Utilities

  • Heating: Baseboard, Fireplace(s), Other, Wood Stove
  • Sewer: Mound Septic, Private Sewer
  • Fuel: Electric,Wood
  • Power Company: Grand Marais PUC

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Natural Woodwork,Patio,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Cook County
  • SchoolDistrictPhone: 218-387-2271

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 150x975
  • Lot Size Sq Ft: 146361.6
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 521252385
  • Tax Annual Amount: 4540
  • TaxWithAssessments: 4540.0000

Multi Family

  • WaterfrontFeatures: Lake Superior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Mar 8, 2024
Sold by
The Richard And Barbara Eckel Revocable
Bought by
Anderson Alison and Anderson Erik
Seller's Agent
Christine Fairchild
RE/MAX Results Duluth
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$1,200,000
Sold Price
$1,125,000
Premium/Discount to List
-$75,000
-6.25%
Views
64
Current Estimated Value
$900,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,913
Avg. Annual Appreciation
-12.72%
Original Mortgage
$766,500
Outstanding Balance
$753,894
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$146,193
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
Anderson Alison $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Alison $766,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2024 03/08/24 Sold $1,125,000 -6.3% $501 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $1,200,000 -- $535 / Sq Ft
Source: NorthstarMLS

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 $5,588 $799,000 $460,900 $338,100
2023 $49 $733,600 $416,100 $317,500
2022 $4,162 $655,600 $360,200 $295,400
2021 $3,602 $482,600 $250,600 $232,000
2020 $3,662 $417,800 $282,500 $135,300
2019 $3,448 $419,500 $274,300 $145,200
2018 $3,204 $410,700 $274,300 $136,400
2017 $2,952 $412,167 $274,212 $137,955
2016 $2,498 $416,800 $277,100 $139,700
2015 $2,374 $435,700 $294,300 $141,400
2014 $2,178 $438,200 $229,300 $208,900
2012 -- $449,400 $240,500 $208,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6457270

NorthstarMLS

APN: 52-125-2385