NOT LISTED FOR SALE

2978 County Road 7 Grand Marais, MN 55604

Estimated Value: $239,719 - $425,000

2 Beds
1 Bath
930 Sq Ft
$343/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $172,000 $185 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,807/month

3 Days on Market

Highlights

  • Sauna
  • Wood Flooring
  • No HOA
  • Deck
  • Mud Room
  • Den

About This Home

As of July 2020

Here is a home that has settled knowingly in its forested landscape on Good Harbor Hill. There’s a process the land and trees go through getting to know a home. The home and its residents reach out with a happy handshake when it goes well. That’s just the vibe with this property: all is scaled correctly, the mix of natural and human-made, just right. The home is nestled under soaring crowns of white pine, aspen, spruce and cedar. There’s ash, and birch, even some apple trees for pie, cobbler and keeping the doctor away. A few well-placed outbuildings: convenient garage by the road and a shed awaiting your inspiration. A sweet sauna stands ready to ease the muscles and bones, raise a mind and body cleansing sweat. There’s a bit of lawn for a game of bags or a picnic. Spots for gardens: flowers or food to feed the need to get hands into the earth. Inside, the home is shaded by the trees, cool and breezy in the summer. Warm woodwork and a Douglas Fir floor are cozy in the winter. A woodstove is dutiful in the corner, and when its smoke is curling from the chimney, winding through the pines, there is no better sense of home! Charming light spills into every room through classic windows. A couple bedrooms, or make one the office. Spacious kitchen and large living room. There is a helpful entry area that doubles as a den, a good place to hang out in a beam of sun contemplating the day’s events or lost in a book. A nice deck for some barefoot outdoor time. The current owners have loved up the home, not much to do other than to unpack and enjoy the Northwoods. Conveniently located on Cty Rd 7, 5 mins to Grand Marais, 5 mins to the Cascade River, heck head up to Pike Lake for a swim or wet a line. Superior Hiking Tr nearby, snowmobile and XC trails close. This is your starter home for the family, or a groovy Grand Marais getaway. Bring home blueberries, jar them here or make some pancakes. Wintertime, buck and haul wood. Run to town for ice cream or a sixer or both, no problem! Live here, enjoy!

Last Agent to Sell the Property

John Oberholtzer

TimberWolff Realty LLC Listed on: 05/27/2020

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $264

Year Built

  • Built in 1951

Lot Details

  • 0.69 Acre Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Bungalow
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Sauna
  • Wood Flooring
  • Washer

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Space Heater
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 52-128-3310

Home Details

Home Type

Single Family

Est. Annual Taxes

$264

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Lutsen take Hwy 61 to Cty Rd 7 to 2978, from Grand Marais Take Cty Rd 7 to nearly the west end to 2978.
  • L O1 Office Phone1 Number: 218-663-8777
  • List Price/ Sq Ft: 184.95
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 61N
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Sauna
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood, Poured Concrete
  • FinFootageAboveGrade: 930
  • Garage Type: Detached
  • Heat: Space/Wall Heater, Wood, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Living Room
  • TotalBedrooms: 2
  • Year Built: 1951
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator, Washer
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 930
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Mud Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Den/Office
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 930
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: 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: 2020-05-27
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 0.69
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Telephone, Underground Utilities, Level
  • Parcel Number: 52-128-3310

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Jul 16, 2020
Sold by
Holen Todd Todd
Bought by
Wannebo Donald Donald
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$172,000
Sold Price
$172,000
Current Estimated Value
$319,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,180
Avg. Annual Appreciation
11.96%
Original Mortgage
$171,000
Outstanding Balance
$152,655
Interest Rate
2.98%
Estimated Equity
$153,409

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 20, 2017
Sold by
White Raymond A and White Natasha
Bought by
Holen Todd J and Holen Karin D
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
Emily Lien
Lutsen Real Estate Group
List Price
$136,000
Sold Price
$136,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$122,400
Interest Rate
3.78%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Wannebo Donald Donald $172,000 --
Holen Todd J $136,100 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wannebo Donald Donald $171,000
Previous Owner Holen Todd J $122,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $172,000 0.0% $185 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $172,000 +26.5% $185 / Sq Ft
10/20/2017 10/20/17 Sold $136,000 0.0% $146 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $136,000 -- $146 / 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 $814 $204,586 $31,256 $173,330
2023 $9 $195,911 $29,217 $166,694
2022 $1,272 $166,590 $14,343 $152,247
2021 $282 $147,600 $15,300 $132,300
2020 $264 $63,149 $33,871 $29,278
2019 $206 $60,206 $23,032 $37,174
2018 $198 $78,600 $34,200 $44,400
2017 $194 $49,960 $21,358 $28,602
2016 $212 $52,800 $22,600 $30,200
2015 $202 $74,000 $26,300 $47,700
2014 $188 $74,000 $26,300 $47,700
2012 -- $74,000 $26,300 $47,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6090291

APN: 52-128-3310