NOT LISTED FOR SALE

409 5th Ave W Grand Marais, MN 55604

Estimated Value: $219,225 - $324,000

2 Beds
1 Bath
1,000 Sq Ft
$283/Sq Ft Est. Value

Last Sold January 20, 2014

Last sale price $80,000 $80 Per Sq Ft

Est. 253% increase in value since last sale

Current estimated payment $1,754/month

39 Days on Market

Highlights

  • Beach
  • Bathroom on Main Level
  • 1-Story Property
  • Deck
  • Kitchen Island
  • 4-minute walk to North Shore Skate Park

About This Home

As of January 2014

Priced to Sell!! 1000 sq. ft. two bedroom condo apt. unit in the heart of Grand Marais. Spacious and open floor plan. Deck for grilling and relaxing. Very affordable living. Heat, water, electric, taxes and association fees combined are less than $350 per month.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 11/08/2013

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC Listed on: 11/08/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,612

Year Built

  • 1970

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Deck
  • Few Trees

Listing and Financial Details

  • Assessor Parcel Number 80-345-0106

Community Details

Overview

  • Association fees include parking, trash, water, building insurance, lawn care

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,612

Year Built

1970

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Class: SINGLE FAMILY
  • Classification: NonHomestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Kitchen Center Island, Washer/Dryer Hookups
  • Amenities Exterior: Deck
  • Construction: Previously Owned
  • Mechanicals: Water Heater-Electric
  • Parcel Number: 80-345-0106
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Dining Room: Combine with Living Room
  • Appliances: Dishwasher, Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Bathroom Description: Main Floor Full Bath
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room 1: Living Room, 25x14, On Level: Main
  • Room 2: Dining Room
  • Room 3: Kitchen, 12x8, On Level: Main
  • Room 4: Master Bedroom, 16x14, On Level: Main
  • Room 5: Bedroom, 14x12, On Level: Main
  • Finished Above Grade Sq Ft: 1000
  • Total Fin Square Footage: 1000
  • Total Square Footage: 1000

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Concrete Block, Frame/Wood
  • Exterior: Stucco, Wood
  • Roof: Asphalt Shingles

Utilities

  • Fuel: Electric
  • Heat: Baseboard
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA Fee Includes: Parking, Trash, Water, Building Insurance, Lawn Care
  • Shared: Swimming Beach
  • Association Fee Frequency: Monthly
  • Association Fee: Yes
  • Association Fee: 125

Schools

  • School District: Cook County #166

Lot Info

  • Lot/Land Description: Tree Coverage - Light

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2013
Closed on
Jan 20, 2014
Bought by
Smith Agne
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$84,500
Sold Price
$80,000
Premium/Discount to List
-$4,500
-5.33%
Current Estimated Value
$282,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,742
Avg. Annual Appreciation
11.33%
Original Mortgage
$75,000
Outstanding Balance
$56,859
Interest Rate
4.5%
Estimated Equity
$225,883
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
Smith Agne $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Agne $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2014 01/20/14 Sold $80,000 -5.3% $80 / Sq Ft
12/17/2013 12/17/13 Pending -- -- --
11/08/2013 11/08/13 For Sale $84,500 -- $85 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $1,612 $174,300 $58,700 $115,600
2023 $15 $159,100 $50,500 $108,600
2022 $1,436 $143,100 $45,400 $97,700
2021 $1,396 $111,300 $37,100 $74,200
2020 $1,406 $110,400 $37,100 $73,300
2019 $436 $111,300 $37,100 $74,200
2018 $364 $80,700 $19,800 $60,900
2017 $322 $48,107 $3,644 $44,463
2016 $248 $45,900 $3,500 $42,400
2015 $806 $77,200 $14,000 $63,200
2014 $864 $77,900 $14,000 $63,900
2012 -- $84,400 $6,200 $78,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4560195

REALTOR® Association of Southern Minnesota

APN: 80-345-0106