NOT LISTED FOR SALE

2960 County Road 7 Grand Marais, MN 55604

Estimated Value: $395,000 - $456,000

3 Beds
1 Bath
1,218 Sq Ft
$355/Sq Ft Est. Value

Last Sold October 24, 2022

Last sale price $410,000 $337 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,550/month

2 Days on Market

Highlights

  • Private Waterfront
  • Home fronts a creek
  • 26.19 Acre Lot
  • Guest House
  • Panoramic View
  • Deck

About This Home

As of October 2022

This 26+ acre wooded sanctuary is a phenomenal backdrop to this charming 3-bedroom, one bath cabin, which was lovingly built as a year-round retirement home, with plenty of space for guests. You will love the natural woodwork, the ample number of built-ins and the way it was designed to truly embrace and focus in on the beauty of the property. The dining room is surrounded on 3 sides with windows and built-ins, creating a warm space for entertaining. The kitchen is well-equipped and there is a screened in porch, perfect for morning coffee. On the main level, there is the combination office & reading area, with a fireplace that is perfect for relaxing on a chilly night. The bathroom features a large, jetted tub, skylight, and all-natural woodwork. The upstairs consists of two combination bedrooms/sitting rooms that can provide plenty of sleeping space or storage space. There is also a heated "bunkhouse" that is used as a game room and houses a workshop and office area. There is an additional storage shed for all your yard tools. The property is located on a paved road, only 10 minutes from Grand Marais and the grounds are beautifully maintained. You will enjoy hiking along Cut Face Creek which runs through the property AND the property backs up against Federal land for added privacy. With its central location, hiking, fishing, skiing, and all the local recreation opportunities are just minutes away. Since the property consists of 26+ acres, a future owner could easily subdivide it into smaller lots. Whether you are looking for a home or a cabin, this is a wonderful property.

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 09/06/2022

Last Buyer's Agent

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 09/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1994

Lot Details

  • 26.19 Acre Lot
  • Lot Dimensions are 1320' x 880'
  • Home fronts a creek
  • Private Waterfront
  • 1,375 Feet of Waterfront
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,218 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Paneling
  • Ceiling Fan
  • Skylights
  • Free Standing Fireplace
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Panoramic Views
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

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

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Separate Outdoor Workshop
  • Storage Shed
  • Rain Gutters
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available

Additional Features

  • Energy-Efficient Windows
  • Guest House

Community Details

  • No Home Owners Association
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 52-128-3340

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: In Grand Marais from the corner of 5th Ave W and 5th St W (on the SE corner of Hospital) travel west on County Rd 7 approximately 6.75 miles. Sign on the left. From Highway 61 East of the Cascade River turn left on County Road 7, a little over a mile and a half, the property is on the right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 336.62
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 61
  • View Type:Pond View: Panoramic, Typical
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Skylight, Tiled Floors, Panelled Walls, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Porch, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1218
  • Garage Type: None
  • Heat: Baseboard, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Other
  • Bedroom 3: Den/Office
  • TotalBedrooms: 3
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Refrigerator, Range/Stove, Washer
  • Basement Features: N/A
  • Basement Material: Wood
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, 3 Season Porch
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Porch
  • Room 9: Laundry Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1218
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Guesthouse
  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 1375
  • Waterfront Name: Cutface
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Mound, 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: 2022-09-06
  • Estimated Lot Dimensions: 1320' X 880'
  • Estimated Number of Acres: 26.19
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Underground Utilities
  • Parcel Number: 52-128-3340
  • Waterfront Type: Creek/Stream

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1998

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Paulson Danielle and Paulson Stephen
Bought by
Stroeing Scott and Oberton Kathleen
Current Estimated Value
$432,542

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 21, 2022
Sold by
Joyce C Riggle Trust
Bought by
Paulson Danielle and Paulson Stephen
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$324,800
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Stroeing Scott $100,000 --
Paulson Danielle $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulson Danielle $324,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2022 10/24/22 Sold $410,000 0.0% $337 / Sq Ft
09/08/2022 09/08/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $410,000 -- $337 / 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 $2,324 $361,100 $117,800 $243,300
2023 $19 $300,900 $73,700 $227,200
2022 $1,998 $289,200 $76,100 $213,100
2021 $1,824 $237,300 $72,400 $164,900
2020 $1,912 $217,200 $95,700 $121,500
2019 $1,688 $222,800 $66,600 $156,200
2018 $1,126 $189,700 $66,600 $123,100
2017 $1,024 $168,320 $61,145 $107,175
2016 $1,532 $169,700 $61,200 $108,500
2015 $1,432 $290,700 $132,500 $158,200
2014 $1,308 $290,700 $132,500 $158,200
2012 -- $290,700 $132,500 $158,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6105319

APN: 52-128-3340