NOT LISTED FOR SALE

4246 Cascade Beach Rd Lutsen, MN 55612

Estimated Value: $420,000 - $899,000

2 Beds
-- Bath
480 Sq Ft
$1,462/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $315,000 $656 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,180/month

About This Home

As of May 2017

Beautiful rustic cabin on Lake Superior, this one of a kind shoreline offers unique features including a little cove to hang out in on one side of the property as well as great ledge rock in front of the cabin to walk on and look out over Lake Superior. With no well or septic, this cabin has an outhouse with a biodegradable toilet for convenience and buckets to get water from the lake in a little hole off the ledge rock. Come up and enjoy a weekend at the cabin living a more rustic way, with a wood burning stove and lanterns for light this will get the family and friends reconnected over cards and conversation. Located on Cascade Beach Rd. between Lutsen and Grand Marais this little cabin could hold some great memories for generations to come.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2016
Closed on
May 27, 2017
Sold by
Ludolph Steven Steven
Bought by
Meyer Thomas and Meyer Nancy
Seller's Agent
Emily Lien
Lutsen Real Estate Group
Buyer's Agent
Jack McHugh
Lutsen Real Estate Group
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$701,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,674
Avg. Annual Appreciation
10.04%
Original Mortgage
$252,000
Outstanding Balance
$209,955
Interest Rate
4.08%
Estimated Equity
$491,719
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Meyer Thomas $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Thomas $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2017 05/31/17 Sold $315,000 0.0% $656 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $315,000 -- $656 / Sq Ft

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 $5,502 $714,700 $499,600 $215,100
2023 $47 $645,700 $466,700 $179,000
2022 $3,120 $505,200 $451,200 $54,000
2021 $3,988 $335,800 $292,200 $43,600
2020 $3,108 $427,100 $388,700 $38,400
2019 $3,200 $328,900 $310,400 $18,500
2018 $2,846 $329,200 $310,400 $18,800
2017 $2,600 $314,100 $296,700 $17,400
2016 $2,392 $310,700 $296,700 $14,000
2015 $2,634 $311,100 $296,700 $14,400
2014 $2,562 $361,800 $333,000 $28,800
2012 -- $361,800 $333,000 $28,800
Source: Public Records

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