NOT LISTED FOR SALE

398 S Gunflint Lake Rd Grand Marais, MN 55604

Estimated Value: $203,304 - $307,000

1 Bed
1 Bath
216 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $155,000 $718 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,485/month

58 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Property is near a preserve or public land
  • Cabin
  • No HOA
  • 1-Story Property

About This Home

As of March 2022

Great off-grid camping or starter cabin, yet has access to power if owner chooses it. Possible view of Gunflint Lake with some selective tree removal. Very quiet area back in the woods. Property abuts public land to the south. Really nice, simple getaway, or a good place to come to after a canoe trip in the Boundary Waters or a long weekend hike. The smaller building has storage space and a composting toilet. Come take a look, and have a seat on the screened porch. Sit a while and enjoy!

Last Agent to Sell the Property

Jacob Patten

Red Pine Realty Listed on: 06/26/2021

Last Buyer's Agent

Jessica Smith

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $618

Year Built

  • Built in 2011

Lot Details

  • 10.26 Acre Lot
  • Lot Dimensions are 300' x 1495'

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Metal Roof
  • Log Siding

Interior Spaces

  • 216 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Bathroom

Utilities

  • Heating System Uses Wood
  • Water Not Available
  • Not Connected to Sewer

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 50-528-2200

Home Details

Home Type

Single Family

Est. Annual Taxes

$618

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Gunflint Trail to N Gunflint Lake Road to address. Sign on driveway.
  • L O1 Office Phone1 Number: 218-387-9599
  • List Price/ Sq Ft: 717.59
  • PropAdjoinsPublicLand: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 216
  • Garage Type: None
  • Heat: Wood
  • Fireplaces: 1
  • MainFloorBath: No
  • Reso Roof: Metal
  • TotalBedrooms: 1
  • Year Built: 2011
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 216

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Log

Utilities

  • Power Company: None
  • Sewer: None
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2021-06-26
  • Estimated Lot Dimensions: 300' X 1495'
  • Estimated Number of Acres: 10.26
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 50-528-2200

Tax Info

  • Tax Amount: 618

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2021
Closed on
Feb 28, 2022
Sold by
Bemis Scott and Skube Carol
Bought by
Parks David
Seller's Agent
Jacob Patten
Red Pine Realty
Buyer's Agent
Jessica Smith
Red Pine Realty
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$260,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,076
Avg. Annual Appreciation
10.01%
Original Mortgage
$147,500
Outstanding Balance
$138,002
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$79,239
Source: Public Records

Range of Values:

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Average Value
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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
Parks David $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks David $147,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $155,000 0.0% $718 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
06/26/2021 06/26/21 For Sale $155,000 -- $718 / 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 $1,184 $175,700 $81,500 $94,200
2023 $7 $103,200 $72,800 $30,400
2022 $632 $76,300 $58,600 $17,700
2021 $618 $74,200 $58,600 $15,600
2020 $626 $73,300 $58,600 $14,700
2019 $638 $73,300 $58,600 $14,700
2018 $608 $73,400 $58,600 $14,800
2017 $548 $74,500 $60,400 $14,100
2016 $496 $74,500 $60,400 $14,100
2015 $464 $74,500 $60,400 $14,100
2014 $554 $74,500 $60,400 $14,100
2012 -- $89,900 $75,800 $14,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Jacob Patten

    Red Pine Realty

    (218) 370-8278

    111 Total Sales

    Jacob Patten
    Section Image

  • J

    Buyer's Agent in 2022

    Jessica Smith

    Red Pine Realty

    (218) 370-2094

    160 Total Sales

    Jessica Smith
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6097930

APN: 50-528-2200

Minnesota Cook County Grand Marais 55604

398 S Gunflint Lake Rd, Grand Marais, MN

This home is located at 398 S Gunflint Lake Rd, Grand Marais, MN 55604 since 26 June 2021 and is currently estimated at $260,076, approximately $1,204 per square foot. This property was built in 2011. 398 S Gunflint Lake Rd 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.

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