$135,000
SOLD DEC 3, 2024

2717 County Road 7 Grand Marais, MN 55604

8 Acres
$17,976 Price per Acre
327,136 Sq Ft Lot

Recently Sold

10% Below List Price

91 Days on Market

Highlights

  • No HOA
  • Bunk House
  • Many Trees
  • Limited Views
  • Satellite Dish
  • 4-minute walk to North Shore Skate Park

About This Lot

As of March 2025

The beginnings of a Northwoods retreat or homestead are already here. 7.5 acres located just 5 miles from Grand Marais with year round county maintained road access on the north and south property borders. Good building sites, with driveway, bunkhouse, storage sheds and electric set up for your campouts until you build. Sellers will leave travel trailer on the property or remove it.

Last Agent to Sell the Property

Sue Nichols

Red Pine Realty Listed on: 08/14/2024

Last Buyer's Agent

Jessica Smith

Red Pine Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $490

Lot Details

  • 7.51 Acre Lot
  • Lot Dimensions are 600 x 550
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Many Trees

Parking

  • Gravel Driveway

Utilities

  • Fiber Optics Available
  • Phone Available
  • Satellite Dish

Additional Features

  • Limited Views
  • Bunk House

Community Details

Overview

  • No Home Owners Association

Recreation

  • Storage Shed

Property Details

Property Type

Land

Est. Annual Taxes

$490

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Senior Community: No
  • Directions: Five Miles west of Grand Marais on County Rd 7
  • InternetOptions: Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-387-9599
  • Renewal Options: Sell Entirely
  • List Price/ Sq Ft: 17976.03
  • Road Maintenance: Public, Year Round
  • Property Sub-Type: Residential
  • Tax Year: 2024
  • View Type:Pond View: Limited
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Out Buildings: Storage Shed, Bunkhouse
  • Road Frontage: Paved, County

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Available Utilities: Telephone
  • On Site Utilities: Electric
  • Power Company: Arrowhead Electric

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-08-14
  • Estimated Lot Dimensions: 600 X 550
  • Estimated Number of Acres: 7.51
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Development Status: Raw Land
  • Geo Subdivision: MN
  • Land Improvements: Yes
  • Lot Description: Tree Coverage - Heavy, Rolling

Rental Info

  • Lease Terms: Cash, Conventional, VA/DVA

Tax Info

  • Tax Amount: 490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2024
Closed on
Mar 7, 2025
Sold by
Hoschett Michael and Delano William
Bought by
Akinci Sevgi
Seller's Agent
Jessica Smith
Red Pine Realty
Buyer's Agent
Jacob Patten
Red Pine Realty
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%
Views
119
Current Estimated Value
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,000
Avg. Annual Appreciation
206.45%
Original Mortgage
$95,000
Outstanding Balance
$94,922
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$122,078

Purchase Details

Listed on
Aug 14, 2024
Closed on
Dec 3, 2024
Sold by
Kinworthy David and Kinworthy Renee
Bought by
Hoschett Michael and Delano William
Seller's Agent
Sue Nichols
Red Pine Realty
Buyer's Agent
Jessica Smith
Red Pine Realty
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.63%

Purchase Details

Listed on
Jun 2, 2020
Closed on
Dec 21, 2020
Sold by
Hillstrom David David
Bought by
Kinworthy David David
Seller's Agent
Mike Raymond
Red Pine Realty
Buyer's Agent
Kali Blomberg
Coldwell Banker North Shore
List Price
$58,000
Sold Price
$58,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.98%
Original Mortgage
$57,000
Interest Rate
2.67%
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 Type Sale Price Title Company
Deed $145,000 --
Deed $135,000 --
Deed $58,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Previous Owner $57,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2025 03/07/25 Sold $145,000 -6.5% --
02/04/2025 02/04/25 Pending -- -- --
12/05/2024 12/05/24 For Sale $155,000 +14.8% --
12/03/2024 12/03/24 Sold $135,000 0.0% --
11/13/2024 11/13/24 Pending -- -- --
09/15/2024 09/15/24 Price Changed $135,000 -10.0% --
08/14/2024 08/14/24 For Sale $150,000 +158.6% --
12/28/2020 12/28/20 Sold $58,000 0.0% --
11/10/2020 11/10/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $58,000 -- --
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 $562 $87,400 $81,600 $5,800
2023 $5 $78,600 $73,300 $5,300
2022 $516 $65,400 $60,600 $4,800
2021 $528 $61,500 $57,800 $3,700
2020 $522 $63,400 $61,600 $1,800
2019 $530 $61,600 $57,600 $4,000
2018 $496 $61,500 $57,600 $3,900
2017 $398 $61,500 $57,600 $3,900
2016 $598 $61,600 $57,600 $4,000
2015 $552 $104,200 $99,600 $4,600
2014 $442 $104,200 $99,600 $4,600
2012 -- $89,200 $84,600 $4,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6115533

APN: 52-128-1100