NOT LISTED FOR SALE

402 Cliff House Rd Lutsen, MN 55612

Estimated Value: $465,000 - $737,000

2 Beds
1 Bath
960 Sq Ft
$671/Sq Ft Est. Value

Last Sold November 14, 2014

Last sale price $365,000 $380 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,681/month

125 Days on Market

Highlights

  • Beach Access
  • Vaulted Ceiling
  • Porch
  • Deck
  • Log Cabin
  • Woodwork

About This Home

As of November 2014

This handcrafted log home is part of Lutsens Resorts community of income producing properties. Offering spectacular views of Lake Superior, this cabin and resort has all the comforts of luxurious amenities and an endless list of recreation opportunities. Enjoy Lake Superior property ownership leaving this classic Minnesota resort to market, manage and rent your log home. Full kitchen, living and dining rooms, sleep 8, large lakeside deck & wood burning stove. Great rental history.

Last Agent to Sell the Property

Deb Niemisto

Coldwell Banker Northwoods Realty Listed on: 05/18/2014

Last Buyer's Agent

Silviya Duclos

Timber Wolff Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1995

Lot Details

  • 6,970 Sq Ft Lot
  • Property fronts a private road
  • Landscaped

Home Design

  • Log Cabin
  • Asphalt Shingled Roof
  • Log Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Vaulted Ceiling
  • Free Standing Fireplace
  • Combination Kitchen and Dining Room
  • Block Basement Construction
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Beach Access
  • Deck
  • Porch

Utilities

  • Dual Heating Fuel

Listing and Financial Details

  • Assessor Parcel Number 27-191-0102

Home Details

Home Type

Single Family

Year Built

1995

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Natural Woodwork, Vaulted Ceilings
  • Amenities Exterior: Deck, Porch
  • Estimated Number of Acres: 0.16
  • Construction: Previously Owned
  • Parcel Number: 27-191-0102
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Dining Room: Breakfast Bar, Combine with Kitchen
  • Fireplace Type: Free Standing
  • Total Bedrooms: 2
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 13x16, On Level: Main
  • Room 2: Dining Room, 8x11, On Level: Main
  • Room 3: Kitchen, 8x11, On Level: Main
  • Room 5: Master Bedroom, 10x12, On Level: Main
  • Room 6: Bedroom, 10x14, On Level: Main
  • Basement Material: Concrete Block
  • Finished Above Grade Sq Ft: 960
  • Total Fin Square Footage: 960
  • Total Square Footage: 960

Exterior Features

  • Frontage Road: Private
  • Waterfront Name: Superior
  • Construction Type: Log Home
  • Exterior: Log
  • Roof: Asphalt Shingles
  • Waterfront: Yes
  • Waterfront Description: Lake Superior

Utilities

  • Fuel: Electric
  • Heat: Dual Fuel/Off Peak
  • Sewer: Shared
  • Water: Shared

Lot Info

  • Estimated Lot Dimensions: .16 acre
  • Lot/Land Description: Accessible Shoreline, Landscaped

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2014
Closed on
Nov 14, 2014
Sold by
Helgeson Scott Scott
Bought by
Nagel Robert
Seller's Agent
Deb Niemisto
Coldwell Banker Northwoods Realty
Buyer's Agent
Silviya Duclos
Timber Wolff Realty LLC
List Price
$435,000
Sold Price
$365,000
Premium/Discount to List
-$70,000
-16.09%
Current Estimated Value
$644,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,129
Avg. Annual Appreciation
5.13%
Original Mortgage
$365,000
Outstanding Balance
$281,549
Interest Rate
4.19%
Estimated Equity
$362,580
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
Nagel Robert $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagel Robert $365,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2014 11/14/14 Sold $365,000 -16.1% $380 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
05/18/2014 05/18/14 For Sale $435,000 -- $453 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,964 $474,500 $278,900 $195,600
2023 $33 $413,500 $240,200 $173,300
2022 $3,354 $384,900 $234,600 $150,300
2021 $2,812 $310,200 $163,900 $146,300
2020 $3,548 $308,900 $165,600 $143,300
2019 $2,806 $322,300 $165,600 $156,700
2018 $2,624 $293,200 $153,400 $139,800
2017 $2,452 $294,800 $153,400 $141,400
2016 $2,234 $294,900 $153,400 $141,500
2015 $1,918 $296,300 $153,400 $142,900
2014 $1,876 $261,800 $38,500 $223,300
2012 -- $261,800 $38,500 $223,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Deb Niemisto

    Coldwell Banker Northwoods Realty

  • S

    Buyer's Agent in 2014

    Silviya Duclos

    Timber Wolff Realty LLC

See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4622016

REALTOR® Association of Southern Minnesota

APN: 27-191-0102

Minnesota Cook County Lutsen 55612

402 Cliff House Rd, Lutsen, MN

Not Listed for Sale

Detached

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