NOT LISTED FOR SALE

3280 W Highway 61 Grand Marais, MN 55604

Estimated Value: $706,000 - $900,000

3 Beds
2 Baths
1,804 Sq Ft
$428/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $705,000 $391 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,428/month

57 Days on Market

Highlights

  • Private Waterfront
  • Deck
  • Recreation Room
  • Panoramic View
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of February 2024

This 3-bedroom 2-bath home overlooks over 200 feet of gorgeous Lake Superior ledge rock shoreline and has amazing panoramic views. The house sits above the lake with an abundance of windows to take in a glorious sunrise over the water. The entry is complete with ample closets and space for shedding boots before you enter the eat-in kitchen. The combination kitchen and dining room is a great space, with lots of cabinets & countertops for the avid cook and large windows providing plenty of sunshine and stellar views. The living room is completed with high, vaulted ceilings and tall windows that emphasize the lake views while filling the space with natural light. Two bedrooms and the combination bathroom laundry room complete the main level. The entire upper level features the main bedroom with two closets and a private bath. The walkout lower level is your space for TV, hobbies, workouts, whatever you'd like to do there. The yard is lovely with mature trees, garden space and a two-stall garage. Butterwort Cliffs Scientific & Natural Area is directly to the east and provides additional privacy, which is wonderful. This home is approximately 8 miles from downtown Grand Marais and within walking distance of Cascade State Park, making it a wonderful spot to enjoy the North Shore.

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 11/09/2023

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,748

Year Built

  • Built in 1951

Lot Details

  • 1.72 Acre Lot
  • Lot Dimensions are 250' x 410' x 223' x 240'
  • Private Waterfront
  • 205 Feet of Waterfront
  • Lake Front
  • Property fronts a highway
  • Landscaped with Trees

Property Views

  • Lake
  • Panoramic

Home Design

  • Contemporary Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Wood Frame Window
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Gas Water Heater
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 52-005-2320

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,748

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From the stoplight in Grand Marais follow Hwy 61 west approx. 7.8 miles to 3280 on the left. From the west 3280 is approx. 1.8 miles east of the Cascade River on your right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 390.8
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky, Elevation-Medium, Elevation-High, Shore-Cliff
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Twp Number: 60
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Vaulted Ceilings
  • Amenities Exterior: Deck, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1528
  • Below Grade Finished Sq Ft: 276
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Hot Water, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Rubber
  • Bedroom 3: Bathroom
  • TotalBedrooms: 3
  • Year Built: 1951
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Lower
  • RoomLevel8: Main
  • RoomLevel9: Upper
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Bathroom Description: 3/4 Main Floor, Full Upper
  • Formal Dining: Combine with Kitchen
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Rec Room
  • Room 8: Dining Room
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1804
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Highway, Paved, State
  • Waterfront Access: Private
  • Water Frontage In Feet: 204.7
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26' X 30'

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: 2023-11-09
  • Estimated Lot Dimensions: 250' X 410' X 223' X 240'
  • Estimated Number of Acres: 1.72
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 52-005-2320
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3748

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Feb 9, 2024
Sold by
Isaac Arnaldo Napadensky Trust Under Agr and Hyla S Napadensky Trust Under Agreement
Bought by
Christensen Olivia and Lowenberg-Deboer Rolf
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$705,000
Sold Price
$705,000
Current Estimated Value
$772,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,111
Avg. Annual Appreciation
5.53%
Original Mortgage
$564,000
Outstanding Balance
$554,033
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$218,078
Source: Public Records

Range of Values:

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Average Value
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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
Christensen Olivia $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christensen Olivia $564,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2024 02/09/24 Sold $705,000 0.0% $391 / Sq Ft
01/05/2024 01/05/24 Pending -- -- --
11/09/2023 11/09/23 For Sale $705,000 -- $391 / 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 $4,548 $667,600 $412,000 $255,600
2023 $39 $597,300 $361,400 $235,900
2022 $3,700 $557,500 $343,800 $213,700
2021 $3,454 $429,000 $260,600 $168,400
2020 $3,482 $400,700 $291,800 $108,900
2019 $3,586 $398,700 $281,600 $117,100
2018 $3,352 $393,700 $281,600 $112,100
2017 $3,102 $395,400 $281,700 $113,700
2016 $2,642 $398,600 $283,300 $115,300
2015 $2,318 $412,800 $294,500 $118,300
2014 $2,148 $381,300 $221,100 $160,200
2012 -- $393,500 $233,300 $160,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6111396

APN: 52-005-2320