NOT LISTED FOR SALE

3856 Cascade Beach Rd Lutsen, MN 55612

Estimated Value: $779,932 - $1,142,000

2 Beds
1.5 Baths
1,066 Sq Ft
$898/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $594,400 $558 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,666/month

68 Days on Market

Highlights

  • Private Waterfront
  • Ranch Style House
  • Woodwork
  • Deck
  • Wood Frame Window
  • Living Room

About This Home

As of November 2020

Location: Lutsen Located on the ever popular Cascade Beach Road, Drom Hytte is Norwegian for "dream cabin" and that describes this delightful property to a "T". You will be charmed by the thoughtfully placed Norwegian decorating touches throughout the cabin making it a comfy and cozy North Shore retreat. It's nestled in a quiet and private little bay that affords outstanding views up and down the coast of Lake Superior with light house views of the Grand Marais harbor during the evening. Drom Hytte has 2 bedrooms and 1.5 bathrooms. A separate little playhouse and custom built timber frame outside feed wood burning sauna with an enclosed changing room sits adjacent to the Lake Superior shoreline. The home is located on approximately 285 feet of private Lake Superior shoreline and approximately 1.5 acres, giving the property utmost privacy. Property is currently managed by Cascade Vacation Rentals for short terms rentals. Current reservations through October 2020 shall be honored. Perfect opportunity for continued rental program as all components are in place. Opportunity for private ownership and use as well. Showings shall be coordinated with existing reservations and other current showing practices in play. Home has been extremely well maintained with a detailed list of all improvements over the last 10 years. Move in ready....all you need is he key, literally.

Last Agent to Sell the Property

Mike Larson

Lutsen Real Estate Group Listed on: 05/01/2020

Last Buyer's Agent

Mike Larson

Lutsen Real Estate Group Listed on: 05/01/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,368

Year Built

  • Built in 1958

Lot Details

  • 1.48 Acre Lot
  • Private Waterfront
  • 285 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Elevated Lot
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Flat Roof Shape
  • Concrete Foundation
  • Wood Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • Woodwork
  • Paneling
  • Gas Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Open Floorplan

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Basement

  • Walk-Out Basement
  • Crawl Space

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 51-052-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,368

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: East side of Cascade Beach Road near Cascade State Park
  • L O1 Office Phone1 Number: 218-663-7971
  • List Price/ Sq Ft: 557.6
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork, Panelled Walls
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood
  • FinFootageAboveGrade: 986
  • Below Grade Finished Sq Ft: 80
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Flat, Composite
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1958
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Walkout
  • Basement Material: Concrete Block
  • Basement Style: Crawl Space
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Bedroom 5: Master Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1066
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Other Buildings
  • Road Frontage: County
  • Waterfront Access: Private
  • Water Frontage In Feet: 285
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Schools

  • School District: Cook County #166
  • Junior High Dist: Cook County #166

Lot Info

  • Geo Update Timestamp: 2020-05-01
  • Estimated Lot Dimensions: 450x285 irregular
  • Estimated Number of Acres: 1.48
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 51-052-0080
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Conventional

Tax Info

  • Tax Amount: 5368

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Nov 4, 2020
Sold by
Shipka Milan Milan
Seller's Agent
Mike Larson
Lutsen Real Estate Group
Buyer's Agent
Mike Larson
Lutsen Real Estate Group
List Price
$594,400
Sold Price
$594,400
Current Estimated Value
$957,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,083
Avg. Annual Appreciation
10.13%
Original Mortgage
$510,400
Outstanding Balance
$454,265
Interest Rate
2.81%
Estimated Equity
$503,218

Purchase Details

Listed on
May 1, 2020
Closed on
Oct 30, 2020
Sold by
Shipka Milan P and Shipka Nancy J
Bought by
Fox Derek A and Fox Emily J
Seller's Agent
Mike Larson
Lutsen Real Estate Group
Buyer's Agent
Mike Larson
Lutsen Real Estate Group
List Price
$594,400
Sold Price
$594,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Outstanding Balance
$454,265
Interest Rate
2.81%
Estimated Equity
$503,218
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
-- $584,400 --
Fox Derek A $584,400 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2020 11/04/20 Sold $594,400 0.0% $558 / Sq Ft
07/08/2020 07/08/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $594,400 -- $558 / 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 $7,074 $856,100 $594,300 $261,800
2023 $62 $796,000 $555,200 $240,800
2022 $6,068 $781,400 $534,500 $246,900
2021 $5,730 $565,700 $369,200 $196,500
2020 $5,368 $587,900 $477,100 $110,800
2019 $4,858 $494,100 $396,500 $97,600
2018 $3,956 $495,100 $396,500 $98,600
2017 $3,910 $432,700 $342,100 $90,600
2016 $3,688 $461,900 $342,100 $119,800
2015 $3,534 $463,200 $342,100 $121,100
2014 $3,440 $481,000 $377,000 $104,000
2012 -- $481,000 $377,000 $104,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Larson

    Lutsen Real Estate Group

    (218) 370-1536

    41 Total Sales

    Mike Larson
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089681

APN: 51-052-0080

Minnesota Cook County Lutsen 55612

3856 Cascade Beach Rd, Lutsen, MN

This home is located at 3856 Cascade Beach Rd, Lutsen, MN 55612 since 01 May 2020 and is currently estimated at $957,483, approximately $898 per square foot. This property was built in 1958. 3856 Cascade Beach Rd is a home located in Cook County.

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