NOT LISTED FOR SALE

25 Gustav Ln Grand Marais, MN 55604

Estimated Value: $319,086 - $391,000

2 Beds
2 Baths
1,784 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $265,000 $149 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,018/month

16 Days on Market

Highlights

  • Panoramic View
  • Mud Room
  • Beamed Ceilings
  • Main Floor Primary Bedroom
  • No HOA
  • Earth Berm

About This Home

As of September 2022

Here is your chance for country living, minutes from Grand Marais. This charming two-bedroom, two-bath home looks like a Scandinavian getaway with the blue and yellow accents, custom trim, and beautiful rock walls. The attached storage rooms are built into the hill and only add to the charm of this sunny home. The main level is south facing and consists of a great room, bedroom, bathroom, and plenty of storage. The upstairs loft/bedroom has a large walk-out deck and a kitchenette so you can easily have your coffee while enjoying seasonal Lake Superior views. Great lot with 5+ acres of land, with plenty of room for gardening and horses. The attached garage could be converted into extra living space since there is a detached two-car garage. And it is located at the end of a private road, it is close to Superior Hiking Trail as well as snowmobile trails. This one-of-a-kind home has great potential! Did we mention that there is additional land available?

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 07/19/2022

Last Buyer's Agent

Ty Backlund

Backlund Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1979

Lot Details

  • 5.67 Acre Lot
  • Lot Dimensions are 500' x 500'
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Landscaped with Trees
  • Additional Land

Property Views

  • Lake
  • Panoramic

Home Design

  • Earth Berm
  • Slab Foundation
  • Poured Concrete
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction
  • Stone Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Paneling
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Baseboard Heating
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Private Sewer
  • Fiber Optics Available
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 52-113-4255

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,526

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 61 in Grand Marais head north on 5th Ave W for 0.4 miles. Turn right onto Co Rd 7/5th Ave W for 2.5 miles. Turn right onto Co Rd 6 for 0.7 miles. Turn right onto Gustav Lane. Property is located at end of lane.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 148.54
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 61
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Beamed Ceilings, Foyer Entry, Panelled Walls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Balcony, Patio
  • Mfg And Park Info Construction Type: Concrete Block, Earth Home, Poured Concrete
  • FinFootageAboveGrade: 600
  • Below Grade Finished Sq Ft: 1184
  • Garage Type: Attached, Detached
  • Heat: Baseboard, Electric
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1979
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Range/Stove
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom Description: Full Main Floor, Full Upper
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Foyer
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Laundry Room
  • Room 7: Mud Room
  • Room 8: Bedroom
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1784
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Stone, Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Driveway - Shared
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 3
  • ParkingFeaturesGarageDimensions: 15' X 27' & 32' X 28'

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Drain Field, Private
  • Water: Drilled, 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: 2022-07-19
  • Estimated Lot Dimensions: 500' X 500'
  • Estimated Number of Acres: 5.67
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Additional Land Available, Tree Coverage - Medium, Telephone, Rolling
  • Parcel Number: 52-113-4255

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 16, 2022
Sold by
Anderson Peggy
Bought by
Schrupp Christopher
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Ty Backlund
Backlund Realty LLC
List Price
$265,000
Sold Price
$265,000
Current Estimated Value
$343,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,901
Avg. Annual Appreciation
12.60%
Original Mortgage
$257,000
Outstanding Balance
$246,435
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$127,873
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
Schrupp Christopher $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schrupp Christopher $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $265,000 0.0% $149 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $265,000 -- $149 / 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 $1,616 $329,827 $74,982 $254,845
2023 $16 $306,546 $68,327 $238,219
2022 $1,526 $263,164 $54,142 $209,022
2021 $1,330 $208,882 $49,954 $158,928
2020 $1,554 $185,665 $78,533 $107,132
2019 $1,302 $209,209 $68,379 $140,830
2018 $1,206 $191,900 $73,900 $118,000
2017 $1,098 $173,457 $66,314 $107,143
2016 $926 $175,100 $66,400 $108,700
2015 $888 $188,000 $55,700 $132,300
2014 $870 $191,400 $58,800 $132,600
2012 -- $203,800 $69,800 $134,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2022

    Virginia Detrick Palmer

    Coldwell Banker North Shore

    (218) 387-2131

    232 Total Sales

    Section Image

  • T

    Buyer's Agent in 2022

    Ty Backlund

    Backlund Realty LLC

    (218) 387-1501

    14 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104341

APN: 52-113-4250

Minnesota Cook County Grand Marais 55604

25 Gustav Ln, Grand Marais, MN

This home is located at 25 Gustav Ln, Grand Marais, MN 55604 since 19 July 2022 and is currently estimated at $349,029, approximately $195 per square foot. This property was built in 1979. 25 Gustav Ln 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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