NOT LISTED FOR SALE

51 Mort Meadow Rd Grand Marais, MN 55604

Estimated Value: $522,441 - $588,000

4 Beds
3 Baths
2,236 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $462,000 $207 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,514/month

19 Days on Market

Highlights

  • Guest House
  • Multiple Garages
  • Pond
  • Greenhouse
  • Deck
  • Ranch Style House

About This Home

As of October 2022

Have you ever dreamed of a hobby farm? Gardener's Paradise with an enchanted forest and income potential galore! Largest 10+ acre parcel you can imagine--4-bedroom home, studio apartment, rental cabin, big garage, greenhouse, gardening shed, deer hunting shed, playhouse cabin, and more! There's a pond, garden, fruit trees, trails, wildlife, distant view of Lake Superior. Well constructed and maintained--you really must see to appreciate. Live here, work here, and let the rental income help with expenses. Country living at its best--dead-end road, close to Grand Marais, the golf course, Gunflint Trail, Pincushion Ski Area, and Superior Hiking Trail. Great deck for entertaining. So many possibilities!

Last Agent to Sell the Property

Julie J. Carlson

Coldwell Banker North Shore Listed on: 07/14/2022

Last Buyer's Agent

Mike Raymond

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,584

Year Built

  • Built in 1980

Lot Details

  • 10.61 Acre Lot
  • Property fronts a county road
  • Elevated Lot
  • Street terminates at a dead end
  • Lot Has A Rolling Slope
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Paneling
  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Center Hall
  • Wood Flooring
  • Limited Views

Kitchen

  • Range
  • Recirculated Exhaust Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Apartment Living Space in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 4 Car Detached Garage
  • Multiple Garages
  • Insulated Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Pond
  • Deck
  • Greenhouse
  • Storage Shed
  • Lean-To Shed
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • No Cooling
  • Heating System Uses Wood
  • Drilled Well
  • Electric Water Heater
  • Fuel Tank
  • Mound Septic
  • Private Sewer
  • Fiber Optics Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53-103-3315

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,584

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Grand Marais, North on Gunflint Trail 4 miles. Right on Golf Course Road .4 miles. continue straight onto Mort Meadows .2 miles. Fire numbers are 49, 51, and 53 for this property. Turn left and drive up hill to main home. Enter on lower level, door on left.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • PropAdjoinsPublicLand: No
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Twp Number: 61
  • View Type:Pond View: Limited
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Hardwood Floors, Natural Woodwork, Center Hall, Drywalls, Panelled Walls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1456
  • Below Grade Finished Sq Ft: 780
  • Garage Type: Detached, Multiple
  • Heat: Fireplace, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Other
  • Room 11: Laundry Room
  • Room 12: Other
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1980
  • Level 1 Bedroom: Upper
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Upper
  • RoomLevel4: Upper
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dryer, Exhaust Fan/Hood, Refrigerator, Range/Stove, Washer
  • Basement Features: Egress Windows, Partially Finished, Walkout, Apartment, Bath, Family/Rec Room, Fireplace, Kitchen, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Master, Full Main Floor
  • Formal Dining: Informal Dining Room
  • Extra Rooms: Family/Rec, Storage Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Family Room
  • Room 9: Workshop
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2236
  • Exercise Room Level2: Upper

Exterior Features

  • Out Buildings: Greenhouse, Lean-To, Storage Shed, Guesthouse, Other Buildings
  • Road Frontage: County, Dead End/No Outlet, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel, Off Street
  • Garage Features: Electrical Service, Insulation, Slab
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 40 x 26

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Mound, Private
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irregular,
  • Estimated Number of Acres: 10.61
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High, Pond, Rolling
  • Parcel Number: 53-103-3315

Tax Info

  • Tax Amount: 2583.68

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Oct 14, 2022
Sold by
Sopoci Steina
Bought by
Smith Rose
Seller's Agent
Julie J. Carlson
Coldwell Banker North Shore
Buyer's Agent
Mike Raymond
Red Pine Realty
List Price
$462,000
Sold Price
$462,000
Current Estimated Value
$554,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,480
Avg. Annual Appreciation
6.19%
Original Mortgage
$332,000
Outstanding Balance
$318,617
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$235,863
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 Rose $462,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Rose $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Sold $462,000 0.0% $207 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $462,000 -- $207 / 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 $7,342 $450,700 $106,700 $344,000
2023 $70 $411,900 $95,500 $316,400
2022 $6,440 $378,700 $82,400 $296,300
2021 $2,224 $291,400 $73,200 $218,200
2020 $2,104 $281,585 $100,793 $180,792
2019 -- $265,235 $83,633 $181,602
2018 -- $277,000 $87,500 $189,500
2017 -- $267,088 $83,704 $183,384
2016 -- $269,500 $83,800 $185,700
2015 -- $267,600 $66,000 $201,600
2014 -- $267,600 $66,000 $201,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104233

APN: 53-103-3315