NOT LISTED FOR SALE

511 W 3rd St Grand Marais, MN 55604

Estimated Value: $208,662 - $357,000

2 Beds
1 Bath
760 Sq Ft
$348/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $165,000 $217 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,590/month

9 Days on Market

Highlights

  • Lake View
  • Mud Room
  • Wood Frame Window
  • Ranch Style House
  • No HOA
  • 1 Car Detached Garage

About This Home

As of September 2023

The perfect starter or retirement home in the heart of Grand Marais. 760 Sq. Ft two-bedroom home. Great deck with lake view. Large single car detached garage with tons of storage space. Property is being sold as is.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 08/21/2023

Last Buyer's Agent

Aimee Luick

Coldwell Banker North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,452

Year Built

  • Built in 1945

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Few Trees

Property Views

  • Lake
  • City Lights

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 760 Sq Ft Home
  • Electric Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Mud Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 80-317-0140

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,452

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 61 take 8th Ave W to 3rd St. Take a right and drive to home at 511 on the left.
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 217.11
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: City Lights, Lake Superior
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 760
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1945
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bathroom
  • Room 7: Mud Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 760
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame, Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt, Off Street
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 1

Utilities

  • Power Company: Grand Marais PUC
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-08-22
  • Estimated Lot Dimensions: .17 acres
  • Estimated Number of Acres: 0.17
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Level
  • Parcel Number: 80-317-0140

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Sep 20, 2023
Sold by
Pearse Renette
Bought by
Buchheit Korene
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Aimee Luick
Coldwell Banker North Shore
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$264,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,166
Avg. Annual Appreciation
25.26%
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
Buchheit Korene $165,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $165,000 0.0% $217 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
08/21/2023 08/21/23 For Sale $165,000 +33.1% $217 / Sq Ft
06/12/2012 06/12/12 Sold $124,000 -9.8% $163 / Sq Ft View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
04/16/2012 04/16/12 For Sale $137,500 -- $181 / 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 $2,328 $243,200 $86,800 $156,400
2023 $16 $201,361 $68,347 $133,014
2022 $1,384 $176,073 $60,011 $116,062
2021 $1,324 $128,004 $45,764 $82,240
2020 $1,334 $125,715 $45,577 $80,138
2019 $698 $126,696 $45,658 $81,038
2018 $654 $98,600 $40,100 $58,500
2017 $500 $70,888 $28,655 $42,233
2016 $402 $60,400 $20,500 $39,900
2015 $372 $61,000 $20,600 $40,400
2014 $726 $61,700 $20,700 $41,000
2012 -- $97,500 $33,800 $63,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Terry Backlund

    Backlund Realty LLC

    (218) 370-8977

    73 Total Sales

    Terry Backlund
    Section Image

  • A

    Buyer's Agent in 2023

    Aimee Luick

    Coldwell Banker North Shore

    (218) 370-0239

    14 Total Sales

    Aimee Luick
    Section Image

  • V

    Seller's Agent in 2012

    Virginia Detrick Palmer

    Coldwell Banker North Shore

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6110158

APN: 80-317-0140

Minnesota Cook County Grand Marais 55604

511 W 3rd St, Grand Marais, MN

This home is located at 511 W 3rd St, Grand Marais, MN 55604 since 21 August 2023 and is currently estimated at $264,166, approximately $347 per square foot. This property was built in 1945. 511 W 3rd St is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

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