NOT LISTED FOR SALE

4512 Cascade Beach Rd Lutsen, MN 55612

Estimated Value: $466,000 - $1,220,000

1 Bed
1 Bath
672 Sq Ft
$1,505/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $550,000 $818 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,216/month

152 Days on Market

Highlights

  • 424 Feet of Waterfront
  • Lake View
  • Main Floor Primary Bedroom
  • Guest House
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of September 2017

RARE opportunity to find a large chunk of land on the Cascasde Beach Road with approximately 424 ft of meandering ledgerock shoreline and 2.97 acres filled with large cedar and balsam trees. This property could potentially be split into 2 properties creating an amazing building site on one and keeping the cabins on the other with plenty of room for additional development. There is a charming cabin nestled in by the water’s edge on a little point that is surrounded by water and it has a lovely floor to ceiling cobblestone fireplace that will keep you nice and cozy; the craftsmanship of the cabin includes wood floors, built in shelves & nooks – so much to appreciate. There is also a one bedroom guest cabin that is also grandfathered in by the water. Both cabins are being sold fully furnished. This is truly an exceptional property with stunning views, very accessible lake shore, private, and a premier location.

Last Agent to Sell the Property

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 03/08/2017

Last Buyer's Agent

Virginia Detrick Palmer

Coldwell Banker North Shore Listed on: 03/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1944

Lot Details

  • 2.97 Acre Lot
  • 424 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Wood Frame Window
  • Family Room
  • Combination Dining and Living Room
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Gas Water Heater
  • Private Sewer

Additional Features

  • Storage Shed
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 51-017-4300

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,742

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Highway 61 to Cascade Beach Road - located at 4512 - Narrow Driveway - For Sale Sign located by 911 address
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 818.45
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel, Hard, Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2017
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Vaulted Ceilings, Beamed Ceilings
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 672
  • Garage Type: None
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Dining Room
  • TotalBedrooms: 1
  • Year Built: 1944
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Range/Stove, Refrigerator
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 672
  • Basement Style: Posts
  • Bathroom 1 Level: Main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Family Room
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 672
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Guesthouse
  • Road Frontage: County
  • Water Frontage In Feet: 424
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-09-12
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 2.97
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 51-017-4300
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3742

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Sep 12, 2017
Sold by
Windhorst John W
Bought by
Olsen Wesley A and Olsen Susan M
Seller's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
Buyer's Agent
Virginia Detrick Palmer
Coldwell Banker North Shore
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,011,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,389
Avg. Annual Appreciation
7.82%
Source: Public Records

Range of Values:

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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
Olsen Wesley A $550,000 North Shore Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2017 09/12/17 Sold $550,000 0.0% $818 / Sq Ft
08/07/2017 08/07/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $550,000 -- $818 / 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 $10,248 $1,240,800 $684,500 $556,300
2023 $91 $1,150,000 $639,400 $510,600
2022 $8,396 $1,124,400 $602,400 $522,000
2021 $8,324 $812,500 $397,800 $414,700
2020 $5,536 $805,900 $456,300 $349,600
2019 $4,808 $563,400 $358,900 $204,500
2018 $4,116 $490,100 $451,100 $39,000
2017 $3,742 $449,900 $413,300 $36,600
2016 $3,324 $442,400 $413,300 $29,100
2015 $5,246 $426,600 $396,300 $30,300
2014 $5,108 $665,900 $605,000 $60,900
2012 -- $665,900 $605,000 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6027296

APN: 51-017-4300