NOT LISTED FOR SALE

4404 Pine Bay Loop Two Harbors, MN 55616

Estimated Value: $241,000 - $1,134,000

4 Beds
2 Baths
2,200 Sq Ft
$387/Sq Ft Est. Value

Last Sold January 16, 2023

Last sale price $1,150,000 $523 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $4,711/month

6 Days on Market

Highlights

  • Private Waterfront
  • Guest House
  • No HOA
  • Beach Access
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of January 2023

This well kept home on the shores of Lake Superior is a must see! Previously known as the 7 Sisters Inn, and before that Pine Bay Cabins, this historical piece of the North Shore has not been available for sale for decades. Multiple outbuildings leave countless possibilities for housing overflow guests. Amazing, accesible shoreline, beautifully wild gardens, and a "natural" fire pit by the shore. 3.5Acres on the lake side, and 3.5Acres on the West side of Hwy 61 with lake views. New Septic, paved driveway as well as some of the best water the North Shore has to offer. Tucked in off the Hwy, and Pine Bay Loop Rd. leaves little to no road noise. Enjoy the serenity of the North Shore without the cars buzzing by.

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 11/02/2022

Last Buyer's Agent

Linda Garrity

Songbird Realty MN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,015

Year Built

  • Built in 1937

Lot Details

  • 7.37 Acre Lot
  • Private Waterfront
  • 202 Feet of Waterfront
  • Lake Front

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Storage Shed

Additional Homes

  • Guest House

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 26-5541-22150 + 26-5541-22160

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,015

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Hwy 61. 25 miles out of Two Harbors. Turn Right on Pine Bay Loop Rd.
  • L O1 Office Phone1 Number: 218-834-2495
  • Remodeled Addition: Yes
  • ShorelineCharacteristics: Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2200
  • Garage Type: Detached
  • Heat: Baseboard, Hot Water
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles, Metal
  • Bedroom 3: Bedroom
  • TotalBedrooms: 4
  • Year Built: 1937
  • Level 1 Bedroom: Main
  • RoomLevel3: Second Floor
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Poured Concrete
  • Basement Style: Slab
  • Bathroom Description: None
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2200
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse, Other Buildings
  • Waterfront Access: Private
  • Water Frontage In Feet: 202
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Lake Superior #381

Lot Info

  • Estimated Lot Dimensions: IRG
  • Estimated Number of Acres: 7.37
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 26-5541-22150 + 26-5541-22160
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 11015.06

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2021
Sold by
Cawood Richard E and Cawood Kristen M
Bought by
Miller Mark A and Miller Leigh A
Current Estimated Value
$852,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Outstanding Balance
$383,672
Interest Rate
2.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$468,703
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Miller Mark A $535,000 None Available
Miller Mark Mark $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Mark A $428,000
Closed Miller Mark Mark $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2023 01/16/23 Sold $1,150,000 0.0% $523 / Sq Ft
11/08/2022 11/08/22 Pending -- -- --
11/02/2022 11/02/22 For Sale $1,150,000 -- $523 / 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
2025 $3,052 $476,800 $260,900 $215,900
2024 $2,114 $488,900 $260,900 $228,000
2023 $1,155 $408,400 $227,900 $180,500
2022 $1,854 $202,100 $169,500 $32,600
2021 $1,292 $181,200 $156,600 $24,600
2020 $1,375 $146,600 $132,600 $14,000
2019 $1,510 $160,400 $146,100 $14,300
2018 $1,536 $160,400 $146,100 $14,300
2017 $1,496 $160,700 $146,200 $14,500
2016 $1,516 $160,800 $146,200 $14,600
2015 $2,940 $161,000 $146,200 $14,800
2014 $2,940 $0 $0 $0
2013 $2,875 $0 $0 $0
2012 $2,356 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jon Chapek

    Odyssey Real Estate Group

    (952) 715-7707

    109 Total Sales

    Jon Chapek
    Section Image
  • Linda Garrity

    Buyer's Agent in 2023

    Linda Garrity

    Songbird Realty MN

    (218) 370-8313

    141 Total Sales

    Linda Garrity
    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6106189

APN: 26-5541-22150

Minnesota Lake County Two Harbors 55616

4404 Pine Bay Loop, Two Harbors, MN

Not Listed for Sale

Detached

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