NOT LISTED FOR SALE

345 S Caps Trail Lutsen, MN 55612

Estimated Value: $417,363 - $634,000

3 Beds
3 Baths
1,376 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $298,000 $217 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,930/month

503 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Traditional Architecture
  • Docks
  • Deck
  • Loft

About This Home

As of October 2019

Fisherman’s Dream home on Tait Lake in Lutsen! What a great getaway! Well built and meticulously maintained, this home is move in ready. 200 ft of prime shoreline with year round dock ready for your boat! Spacious entry with mudroom for all your recreational gear. Wilderness views of Tait Lake with a wonderful screened porch! Nice functional kitchen with plenty of cabinetry. Family room is comfortable and has a nice wood stove to keep the chill out! Upper level has three bedrooms, a full bath and master bedroom features a half bath of its own! Laundry room and an accessible crawlspace provides great storage. Views across the lake of Superior National forest lands. Year round access, broadband available! The garage is perfect size for a boat and car! What more could you ask for in your fishing getaway? Wonderful location surrounded by a multitude of lakes, go day fishing on Brule Lake in the BWCA just minutes from this retreat! A Must See lake home.

Last Agent to Sell the Property

Nancy Iverson

TimberWolff Realty LLC Listed on: 03/22/2018

Last Buyer's Agent

Mike Raymond

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,402

Year Built

  • Built in 1985

Lot Details

  • 2.2 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Landscaped with Trees

HOA Fees

  • $20 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,376 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Free Standing Fireplace
  • Entrance Foyer
  • Combination Dining and Living Room
  • Loft
  • Lake Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Outdoor Features

  • Docks
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Private Water Source
  • Private Sewer

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 27-340-1060

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,402

Year Built

Built in 1985

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Follow Hwy 61 to Caribou Tr. Follow Caribou Trail to Caps Trail. Take a left and follow to North Caps Trail and take a right, Follow until fire #345.
  • Waterfront Info Lake Maximum Depth: 15
  • L O1 Office Phone1 Number: 218-663-8777
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Road Maintenance: Association
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 62
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Natural Woodwork, Foyer Entry, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Half Bathrooms: 2
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1376
  • Garage Type: Detached
  • Heat: Baseboard, Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bathroom
  • TotalBedrooms: 3
  • Year Built: 1985
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom 1 Level: main
  • Level 2 Three Quarter Bathrooms: upper
  • Bathroom 3 Level: upper
  • Bathroom Description: 1/2 Master, 1/2 Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Loft
  • Stories: 1.25 - 1.75 Story
  • Room 6: Master Bedroom
  • Room 7: Bedroom
  • Room 8: Bathroom
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1376
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 355.09
  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Tait
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 240

Fee Information

  • Association Fee Includes: Snow Removal

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 2.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium
  • Parcel Number: 27-340-1060
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2402

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
Oct 1, 2019
Sold by
Michael Lucca and Michael Jill C
Bought by
Swanson Kent E and Peters Joann
Seller's Agent
Nancy Iverson
TimberWolff Realty LLC
Buyer's Agent
Mike Raymond
Red Pine Realty
List Price
$298,000
Sold Price
$298,000
Current Estimated Value
$520,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,454
Avg. Annual Appreciation
9.21%
Original Mortgage
$238,400
Outstanding Balance
$158,936
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$361,518
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Swanson Kent E $298,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Kent E $238,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $298,000 0.0% $217 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
03/22/2018 03/22/18 For Sale $298,000 -- $217 / 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 $2,462 $438,609 $227,709 $210,900
2023 $24 $427,100 $231,200 $195,900
2022 $2,258 $354,397 $175,997 $178,400
2021 $3,332 $287,798 $168,689 $119,109
2020 $2,442 $307,900 $183,800 $124,100
2019 $2,402 $257,600 $142,500 $115,100
2018 $2,332 $247,300 $142,500 $104,800
2017 $2,490 $257,200 $151,400 $105,800
2016 $2,264 $291,500 $134,200 $157,300
2015 $2,458 $291,500 $134,200 $157,300
2014 $2,406 $331,900 $174,600 $157,300
2012 -- $331,900 $174,600 $157,300
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nancy Iverson

    TimberWolff Realty LLC

    (218) 370-1668

    67 Total Sales

    Nancy Iverson
    Section Image

  • M

    Buyer's Agent in 2019

    Mike Raymond

    Red Pine Realty

    (218) 370-0373

    133 Total Sales

    Mike Raymond
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6073605

APN: 27-340-1060

Minnesota Cook County Lutsen 55612

345 S Caps Trail, Lutsen, MN

Not Listed for Sale

Detached

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