NOT LISTED FOR SALE

406 1st Ave W Grand Marais, MN 55604

Estimated Value: $498,000 - $655,000

3 Beds
2.5 Baths
1,764 Sq Ft
$311/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $480,000 $272 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,324/month

24 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 1 Car Detached Garage
  • Main Floor Primary Bedroom
  • Lower Floor Utility Room
  • Eat-In Kitchen

About This Home

As of August 2023

Fabulous Cape Cod. Crisp and clean with plenty of natural light. Three-bedroom, three-bath and one car garage. Beautiful well-appointed kitchen with new appliances. Main floor living at its best. Beautifully landscaped yard. All of this is within walking distance to all that Grand Marais has to offer. The spacious walkout basement has been framed and prepared for a rec room, bedroom, bath, and kitchenette for additional living space. Call today for your private showing.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 06/04/2023

Last Buyer's Agent

Kali Blomberg

Coldwell Banker North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,134

Year Built

  • Built in 2010

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 80 x 128
  • Landscaped
  • Level Lot
  • Few Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,764 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Electric Fireplace
  • Vinyl Clad Windows
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Lower Floor Utility Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Storage Shed
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Electric Water Heater
  • Fiber Optics Available
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-123-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,134

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwi 61 turn up 1st Ave E. Drive up to 406, the house located on the right.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 272.11
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Drywalls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Gutter/Downspout
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Concrete Block, Frame/Wood, Modular
  • FinFootageAboveGrade: 1764
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Propane, Electric
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bathroom
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2010
  • Level 1 Bedroom: Main
  • RoomLevel10: Upper
  • RoomLevel11: Upper
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Partially Finished, Unfinished, Walkout, Utility Room
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1040
  • Basement Style: Full
  • Bathroom Description: 3/4 Master, 1/2 Main Floor, Full Upper
  • Formal Dining: Breakfast Bar, Combine with Kitchen
  • Extra Rooms: Utility Room, Foyer
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Bathroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Master Bedroom
  • Room 7: Bathroom
  • Room 8: Foyer
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1764
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Concrete Block, Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 1
  • ParkingFeaturesGarageDimensions: 22 x 16

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-06-05
  • Estimated Lot Dimensions: 80 x 128
  • Estimated Number of Acres: 0.24
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Light, Telephone, Level
  • Parcel Number: 80-123-0130

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2023
Closed on
Aug 18, 2023
Sold by
Oberg Jack and Oberg Joy
Bought by
Holden Wendy
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Kali Blomberg
Coldwell Banker North Shore
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$548,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,848
Avg. Annual Appreciation
2.60%
Original Mortgage
$284,000
Outstanding Balance
$278,627
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$227,288

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jun 28, 2017
Sold by
Crosby Thomas R
Bought by
Oberg Jack W and Oberg Joy M
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$251,000
Sold Price
$251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%
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
Holden Wendy $480,000 --
Oberg Jack W $251,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holden Wendy $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2023 08/18/23 Sold $480,000 0.0% $272 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/04/2023 06/04/23 For Sale $480,000 +91.2% $272 / Sq Ft
06/28/2017 06/28/17 Sold $251,000 0.0% $139 / Sq Ft
04/28/2017 04/28/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $251,000 -- $139 / 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 $4,284 $515,127 $88,770 $426,357
2023 $34 $395,817 $81,395 $314,422
2022 $3,042 $347,966 $72,862 $275,104
2021 $2,918 $257,169 $59,984 $197,185
2020 $2,942 $252,591 $59,847 $192,744
2019 $3,092 $254,880 $59,916 $194,964
2018 $3,112 $262,000 $67,200 $194,800
2017 $2,490 $264,363 $67,643 $196,720
2016 $1,598 $221,600 $47,100 $174,500
2015 $1,472 $170,000 $39,900 $130,100
2014 $1,526 $168,800 $39,900 $128,900
2012 -- $175,900 $41,000 $134,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6108466

APN: 80-123-0130