NOT LISTED FOR SALE

3 Nelson Trail Grand Marais, MN 55604

Estimated Value: $304,000 - $347,022

4 Beds
2 Baths
1,576 Sq Ft
$208/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2022

Last sale price $270,000 $171 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,894 / mo

48 Days on Market

Highlights

  • Second Kitchen
  • Ranch Style House
  • No HOA
  • Multiple Garages
  • Sun or Florida Room
  • 4 Car Detached Garage

About This Home

As of December 2022

This house presents a great opportunity to live within city limits of Grand Marais. It is commercially zoned, so the potential use is very broad. 4 bedrooms and 2 baths can accommodate a large family or several roommates, you could cash flow it as a rental, or run your small business from the comfort of your home. One of the bedrooms is set up as a studio apartment with a kitchen and breakfast bar, and also includes its own bathroom and entryway. There is also a large double stall garage, with room for multiple vehicles, toys and tools. Check it out soon, because it won't last long!

Last Agent to Sell the Property

Jacob Patten

Red Pine Realty Listed on: 09/30/2022

Last Buyer's Agent

Jacob Patten

Red Pine Realty Listed on: 09/30/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,352

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Slab Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • Living Room
  • Sun or Florida Room
  • Utility Room
  • Laundry Room
  • Second Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement

Parking

  • 4 Car Detached Garage
  • Multiple Garages

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-720-3205

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,352

Year Built

Built in 1960

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Nelson Trail in Grand Marais. House is on corner of Highway 61 and Nelson Trail.
  • L O1 Office Phone1 Number: 218-387-9599
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 61N
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1576
  • Garage Type: Detached, Multiple
  • Heat: Baseboard, Boiler, Hot Water, Propane
  • MainFloorBath: Yes
  • Room 10: Sunroom/Solarium
  • Room 11: Laundry Room
  • Room 12: Utility Room
  • Bedroom 3: Bedroom
  • TotalBedrooms: 4
  • Year Built: 1960
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full, Slab
  • Bathroom Description: Full Master
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Master Bedroom
  • Room 8: Bathroom
  • Room 9: 2nd Kitchen
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1576
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick, Wood, Asphalt

Garage/Parking

  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 24' x 40'

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.23
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 80-720-3205

Tax Info

  • Tax Amount: 1352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Dec 30, 2022
Sold by
Young Timothy
Bought by
Ezri Yaacov
Seller's Agent
Jacob Patten
Red Pine Realty
Buyer's Agent
Jacob Patten
Red Pine Realty
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$328,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,006
Avg. Annual Appreciation
6.07%
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
Ezri Yaacov $270,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $270,000 0.0% $171 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
09/30/2022 09/30/22 For Sale $270,000 -- $171 / 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 $1,864 $201,400 $57,000 $144,400
2023 $17 $186,800 $54,600 $132,200
2022 $1,352 $135,416 $42,232 $93,184
2021 $1,356 $125,497 $39,591 $85,906
2020 $1,376 $128,331 $39,792 $88,539
2019 $1,498 $129,966 $39,905 $90,061
2018 $1,424 $153,200 $33,300 $119,900
2017 $1,400 $131,492 $28,371 $103,121
2016 $1,214 $133,200 $28,500 $104,700
2015 $1,142 $134,900 $28,500 $106,400
2014 $970 $136,600 $28,600 $108,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106997

APN: 80-720-3205

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