NOT LISTED FOR SALE

345 S Caps Trail Lutsen, MN 55612

Estimated Value: $409,702 - $595,000

3 Beds
3 Baths
1,376 Sq Ft
$360/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2019

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

Est. 66% increase in value since last sale

Current estimated payment $2,855 / mo

About This Home

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.

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
$495,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,901
Avg. Annual Appreciation
8.09%
Original Mortgage
$238,400
Outstanding Balance
$158,936
Interest Rate
3.5%
Mortgage Type
Construction
Estimated Equity
$336,965
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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 Prior Sale
10/01/2019 10/01/19 Sold $298,000 0.0% $217 / Sq Ft View Prior Sale
08/07/2019 08/07/19 Pending -- -- --
03/22/2018 03/22/18 For Sale $298,000 -- $217 / Sq Ft

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

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