500 W 5th St Grand Marais, MN 55604
Estimated payment $2,835/month
Total Views
8,536
3
Beds
2
Baths
1,848
Sq Ft
$254
Price per Sq Ft
Highlights
- Panoramic View
- Main Floor Primary Bedroom
- Lower Floor Utility Room
- Deck
- No HOA
- 4-minute walk to North Shore Skate Park
About This Home
Welcome to this beautifully updated single-family home nestled in Grand Marais. This property is a true gem, offering a harmonious blend of comfort and style, ideal for anyone seeking a serene lifestyle. The home has been tastefully updated with meticulous attention to detail. New interior doors! Enjoy the fresh ambiance created by new lighting fixtures, plush carpeting, and contemporary flooring throughout. The kitchen features stainless steel appliances and elegant leather handles on the cupboards, making it functional and stylish. The open-concept design seamlessly integrates the living room, dining area, and kitchen, fostering an inviting atmosphere for entertaining family and friends. Step outside from the dining area onto the deck, where you can savor your morning coffee or enjoy evening sunsets overlooking the expansive yard-perfect for children to play, pets to roam, or for hosting Summer barbecues. With three spacious bedrooms, there is ample room for relaxation and privacy. The home includes two modern bathrooms, one of which is a newly renovated basement bath featuring a large walk-in shower. A double attached garage ensures convenience and protection for your vehicles and gear. The walk-out basement offers a versatile family room, ideal for game nights, or casual conversations. This additional living space provides easy access to the backyard, enhancing your outdoor experience. The laundry and mechanicals are thoughtfully tucked away in their own designated area, ensuring a tidy and organized home. Situated in Grand Marais, you will have inundated access to a variety of local amenities. Take advantage of nearby Lake Superior, hiking and biking trails, and the YMCA for fitness and community programs. Explore the state parks that surround the area, offering endless opportunities for adventure. The charming shops and diverse eateries in Grand Marais provide a unique shopping experience and great dining options. This property is move-in ready I allowing you to simply pack your bags and start enjoying your new home. Schedule a showing today and experience the perfect blend of comfort, convenience, and community!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,202
Year Built
- Built in 2006
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 86x154
- Few Trees
Home Design
- Split Foyer
- Bi-Level Home
- Concrete Foundation
- Fire Rated Drywall
- Wood Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- Vinyl Clad Windows
- Entrance Foyer
- Family Room
- Living Room
- Dining Room
- Lower Floor Utility Room
- Panoramic Views
- Kitchen Island
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Bathroom on Main Level
Laundry
- Laundry Room
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Bedroom in Basement
- Recreation or Family Area in Basement
- Finished Basement Bathroom
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Gravel Driveway
Utilities
- Boiler Heating System
- Heating System Uses Propane
- Fiber Optics Available
- Satellite Dish
- Cable TV Available
Additional Features
- Air Exchanger
- Deck
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 08-302-0230
Map
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Home Values in the Area
Average Home Value in this Area
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 | $3,202 | $346,100 | $98,100 | $248,000 |
| 2023 | $26 | $304,148 | $81,572 | $222,576 |
| 2022 | $18 | $267,415 | $72,140 | $195,275 |
| 2021 | $1,712 | $159,287 | $54,156 | $105,131 |
| 2020 | $1,710 | $156,562 | $53,978 | $102,584 |
| 2019 | $1,720 | $156,562 | $53,978 | $102,584 |
| 2018 | $1,628 | $168,300 | $57,100 | $111,200 |
| 2017 | $1,418 | $147,515 | $49,694 | $97,821 |
| 2016 | $1,226 | $134,800 | $38,800 | $96,000 |
| 2015 | $1,136 | $136,100 | $38,900 | $97,200 |
| 2014 | $1,184 | $136,100 | $38,900 | $97,200 |
| 2012 | -- | $142,400 | $33,000 | $109,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $469,000 | -4.7% | $254 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $492,000 | +56.2% | $266 / Sq Ft |
| 12/15/2023 12/15/23 | Sold | $315,000 | 0.0% | $319 / Sq Ft |
| 11/12/2023 11/12/23 | Pending | -- | -- | -- |
| 07/28/2023 07/28/23 | For Sale | $315,000 | -- | $319 / Sq Ft |
Source: Lake Superior Area REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $225,000 | New Conventional |
Source: Public Records
Similar Homes in Grand Marais, MN
Source: Lake Superior Area REALTORS®
MLS Number: 6119205
APN: 80-302-0230
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