NOT LISTED FOR SALE

260 Caps Trail Lutsen, MN 55612

Estimated Value: $422,334 - $473,000

2 Beds
1.5 Baths
1,248 Sq Ft
$362/Sq Ft Est. Value

Last Sold April 01, 2024

Last sale price $425,000 $341 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,547/month

11 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • A-Frame Home
  • Vaulted Ceiling
  • Lake Front
  • Deck
  • Wood Flooring

About This Home

As of April 2024

This home sits along the shore of the Tait River and a stretch of water known as "the beaver pond." You'd also have deeded access to the scenic waters of Tait Lake. It's a wildlife sighting mecca for sure! To the north you'll find acres and acres of public land and the amount of privacy this sweet home/cabin offers is one of the multiple wonderful features it has. The 2+ car garage with an upstairs ready for finishing (heat and power already in place) will get you thinking about the possibilities for additional living space, too. The wood burning fireplace, the warm wood floors and the comforting layout will relax you, the updates to the home/cabin will please you and the stunning location will give you something to look forward to each and every time you turn up the driveway. New shingles in 2021, roof windows to let in the light and breeze were added in 2020/2021, the kitchen got new appliances, new countertop/sink/faucet in 2021 and new douglas fir hardwood floors were installed in 2021, too!

Last Agent to Sell the Property

Linda Garrity

Songbird Realty MN Listed on: 02/17/2024

Last Buyer's Agent

Linda Garrity

Songbird Realty MN Listed on: 02/17/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,686

Year Built

  • Built in 1994

Lot Details

  • 2.7 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Unpaved Streets
  • Many Trees

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Range
  • Recirculated Exhaust Fan

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck
  • Outdoor Water Feature

Utilities

  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Fiber Optics Available

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 27-340-2030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,686

Year Built

Built in 1994

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy. 61 to Caribou Trail (aka Cty. Rd. 4). Head north approximately 11.5 miles to Caps Trail. Take a left and then take a right at the "T". Follow to 260 Caps Tr. It'll be on your right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-370-8313
  • Remodeled Addition: Yes
  • Road Maintenance: Association, Private
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Garage Door Opener, Hardwood Floors, Tiled Floors, Vaulted Ceilings, Patio Door
  • Amenities Exterior: Deck, Water Feature
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1248
  • Garage Type: Detached
  • Heat: Baseboard, Fireplace, Radiant, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: Yes
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • Year Built: 1994
  • Property Style: A Frame
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Exhaust Fan/Hood, Refrigerator, Range/Stove
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor, 1/2 Upper
  • Formal Dining: Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1248

Exterior Features

  • Road Frontage: Private, Unpaved
  • Waterfront Access: Deeded Access
  • Waterfront Name: Tait
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 240

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Number of Acres: 2.7
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Underground Utilities
  • Parcel Number: 27-340-2030
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 1686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2024
Closed on
Apr 1, 2024
Sold by
Cusick Nickolas and Wellenstein Lillian
Bought by
Rosauer James and Rosauer Lisa
Seller's Agent
Linda Garrity
Songbird Realty MN
Buyer's Agent
Linda Garrity
Songbird Realty MN
List Price
$425,000
Sold Price
$425,000
Views
2
Current Estimated Value
$452,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,334
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Sep 16, 2021
Sold by
Garrity Linda Linda
Bought by
Cusick Nickolas Nickolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
2.86%

Purchase Details

Listed on
Sep 3, 2018
Closed on
Mar 29, 2019
Sold by
Alt James D
Bought by
Garrity Linda M
Seller's Agent
Linda Garrity
Songbird Realty MN
Buyer's Agent
Linda Garrity
Songbird Realty MN
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.07%
Original Mortgage
$200,000
Interest Rate
4.3%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Rosauer James $425,000 --
Cusick Nickolas Nickolas $360,000 --
Garrity Linda M $250,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cusick Nickolas Nickolas $355,000
Previous Owner Garrity Linda M $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2024 04/01/24 Sold $425,000 0.0% $341 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/17/2024 02/17/24 For Sale $425,000 +70.0% $341 / Sq Ft
03/29/2019 03/29/19 Sold $250,000 0.0% $154 / Sq Ft View Prior Sale
02/26/2019 02/26/19 Pending -- -- --
09/03/2018 09/03/18 For Sale $250,000 -- $154 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $2,110 $374,458 $29,358 $345,100
2023 $18 $316,545 $29,745 $286,800
2022 $1,566 $294,229 $30,929 $263,300
2021 $1,720 $208,555 $47,904 $160,651
2020 $2,078 $225,232 $59,517 $165,715
2019 $1,984 $220,600 $59,000 $161,600
2018 $2,066 $205,900 $59,000 $146,900
2017 $2,504 $229,100 $73,200 $155,900
2016 $2,276 $293,100 $56,200 $236,900
2015 $2,158 $293,100 $56,200 $236,900
2014 $2,112 $293,100 $56,200 $236,900
2012 -- $293,100 $56,200 $236,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6112233

APN: 27-340-2030