$254,500
SOLD JUL 2, 2024

407 3rd Ave W Grand Marais, MN 55604

3 Beds
1 Bath
1,024 Sq Ft
0.25 Acres

Recently Sold

$249 Per Sq Ft

4% Below List Price

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Views
  • Living Room
  • No HOA
  • Patio
  • 1-minute walk to North Shore Skate Park

About This Home

As of July 2024

Charming three-bedroom home on a large, level city lot. Main bedroom on the first floor, two bedrooms upstairs. Cozy year round home, North Shore getaway, or long-term rental. Great location close to everything Grand Marais has to offer! The private backyard is perfect for outdoor activities. Deck in front for morning sunshine. Shed is ideal for storage, hobbies, or work area.

Last Agent to Sell the Property

Julie J. Carlson

Coldwell Banker North Shore Listed on: 05/19/2024

Last Buyer's Agent

Julie J. Carlson

Coldwell Banker North Shore Listed on: 05/19/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1940

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80 x 130
  • Level Lot

Home Design

  • Bungalow
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,024 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space
  • Property Views

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-164-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,531

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Highway 61 in Grand Marais, north on West Third Avenue to property.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 248.54
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Twp Number: 61
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Amenities Exterior: Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1024
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 1940
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space, Slab
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1024
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Asphalt

Utilities

  • Power Company: Grand Marais PUC
  • 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: 2024-05-19
  • Estimated Lot Dimensions: 80 x 130
  • Estimated Number of Acres: 0.25
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Level
  • Parcel Number: 80-164-0080

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2530.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2024
Closed on
Jul 2, 2024
Sold by
Solon Gael
Bought by
Book Michelle
Seller's Agent
Julie J. Carlson
Coldwell Banker North Shore
Buyer's Agent
Julie J. Carlson
Coldwell Banker North Shore
List Price
$264,500
Sold Price
$254,500
Premium/Discount to List
-$10,000
-3.78%
Total Days on Market
3
Views
3
Current Estimated Value
$260,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,415
Avg. Annual Appreciation
2.74%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $254,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $254,500 -3.8% $249 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $264,500 -- $258 / 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
2023 $34 $271,500 $83,000 $188,500
2022 $3,274 $243,800 $75,200 $168,600
2021 $3,178 $190,200 $64,100 $126,100
2020 $3,190 $186,500 $64,100 $122,400
2019 $2,840 $187,700 $64,100 $123,600
2018 $2,836 $149,200 $68,400 $80,800
2017 $2,480 $157,400 $72,000 $85,400
2016 $1,588 $133,400 $51,700 $81,700
2015 $717 $94,400 $35,700 $58,700
2014 $1,027 $95,300 $35,800 $59,500
2012 -- $127,000 $51,200 $75,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113754

APN: 80-164-0080