NOT LISTED FOR SALE

387 S Gunflint Lake Grand Marais, MN 55604

Estimated Value: $713,000 - $774,000

2 Beds
2 Baths
1,195 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $440,000 $368 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,408/month

125 Days on Market

Highlights

  • 330 Feet of Waterfront
  • Guest House
  • Vaulted Ceiling
  • Docks
  • Lake View
  • Wood Flooring

About This Home

As of September 2018

Gunflint Lake Home - Sand Beach. This totally charming 2-bedroom, 2 bath home sits just 40 feet from the dramatic shore on a point with 330 ft shoreline (550 ft meandering). The warm home has many custom features and built-ins, with hardwood floors, lots of windows, huge custom kitchen and a beautiful quartz stone fireplace. There is a 3-car detached garage with a fantastic upper level apartment with 2 bedrooms, 3/4 bath, oak floors, built-ins and lots of windows. Two large sheds add tons of storage. Everything here is quality and in like-new condition. There is a fire suppression sprinkler system on the property to protect the dense cedar forest and all the privacy on this unique Gunflint Lake lot. All this, plus a very unique and rare private sand beach for easy access to the lake for swimming fun, and launching your boat.

Last Agent to Sell the Property

Mike Raymond

Red Pine Realty Listed on: 04/19/2018

Last Buyer's Agent

Mike Raymond

Red Pine Realty Listed on: 04/19/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1994

Lot Details

  • 4.62 Acre Lot
  • Lot Dimensions are 330 x 600
  • 330 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Irrigation
  • Many Trees

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,195 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Wood Frame Window
  • Mud Room
  • Great Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Wood Flooring
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement
  • Crawl Space

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Docks
  • Storage Shed

Additional Homes

  • Guest House

Utilities

  • Dual Heating Fuel
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 50-528-2225

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Gunflint Trail to S. Gunflint Lake to address.
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 368.2
  • Road Maintenance: Public
  • ShorelineCharacteristics: Rocky, Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Dock, Watering System
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1195
  • Garage Type: Detached
  • Heat: Dual Fuel/Off Peak, Fireplace, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Mud Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1994
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Cooktop, Dishwasher, Dryer, Range/Stove, Refrigerator, Wall Oven, Washer
  • Basement Material: Poured Concrete, Rock
  • Estimated Basement Sq Ft: 1195
  • Basement Style: Crawl Space, Full
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Master, 3/4 Main Floor
  • Formal Dining: Combine with Kitchen, Formal Dining Room
  • Extra Rooms: Mud Room, See Remarks, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Great Room
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Kitchen
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1195
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse, Other Buildings
  • Road Frontage: County
  • Water Frontage In Feet: 329.5
  • Waterfront Name: Gunflint
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 3

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-04-20
  • Estimated Lot Dimensions: 330 X 600
  • Estimated Number of Acres: 4.62
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Telephone, Underground Utilities, Rolling, BWCA Area
  • Parcel Number: 50-528-2225
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 4178

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Sep 7, 2018
Sold by
Knecht R A & D E Trust
Bought by
Dugan Patrick R
Seller's Agent
Mike Raymond
Red Pine Realty
Buyer's Agent
Mike Raymond
Red Pine Realty
List Price
$440,000
Sold Price
$440,000
Current Estimated Value
$736,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,154
Avg. Annual Appreciation
6.54%
Source: Public Records

Range of Values:

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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
Dugan Patrick R $440,000 North Shore Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $440,000 0.0% $368 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $440,000 -- $368 / 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 $5,138 $692,800 $285,100 $407,700
2023 $42 $589,100 $254,600 $334,500
2022 $4,192 $535,000 $302,700 $232,300
2021 $4,058 $449,500 $241,700 $207,800
2020 $4,076 $437,000 $241,700 $195,300
2019 $3,700 $432,200 $234,700 $197,500
2018 $4,178 $434,300 $234,700 $199,600
2017 $3,804 $518,000 $295,600 $222,400
2016 $3,068 $518,000 $295,600 $222,400
2015 $2,830 $505,200 $282,800 $222,400
2014 $2,614 $505,200 $282,800 $222,400
2012 -- $505,200 $282,800 $222,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Mike Raymond

    Red Pine Realty

    (218) 370-0373

    156 Total Sales

    Mike Raymond
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6074287

APN: 50-528-2225

Minnesota Cook County Grand Marais 55604

387 S Gunflint Lake, Grand Marais, MN

This home is located at 387 S Gunflint Lake, Grand Marais, MN 55604 since 19 April 2018 and is currently estimated at $736,154, approximately $616 per square foot. This property was built in 1994. 387 S Gunflint Lake is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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