NOT LISTED FOR SALE

512 Old Shore Rd Grand Marais, MN 55604

Estimated Value: $765,000 - $945,939

3 Beds
2 Baths
2,160 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $495,000 $229 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,237/month

48 Days on Market

Highlights

  • 114 Feet of Waterfront
  • Deck
  • Den
  • Lake View
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of August 2017

Lake Superior Home-Grand Marais. Enjoy the big lake and great convenience to downtown from this great one-level lake home. Remodeled and expanded in 1999 with large great room with a wall of glass, updated kitchen, huge master suite with outstanding lake views. Warm wood paneling, wood stove and comfortable space makes for a cozy atmosphere. The lot is extremely tucked away and private, yet within easy walking distance to downtown. City services, water/sewer and convenience, yet a secluded feel. The 114 feet of shoreline is gravel beach and great for beach fires. There is garage slab ready for your plans (owner's plans available which included loft living space). Vacation rental history is excellent and would help off-set expenses if you choose that option.

Last Agent to Sell the Property

Mike Raymond

Red Pine Realty Listed on: 05/11/2017

Last Buyer's Agent

Larry Dean

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 2000

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 150 x 220
  • 114 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Wood Frame Window
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer Hookup

Parking

  • Detached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Propane
  • Underground Utilities
  • Gas Water Heater
  • Fuel Tank
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 80-021-1395

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,516

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Just east of Subway Restaurant on Old Shore Road.
  • L O1 Office Phone1 Number: 218-387-9599
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • ShorelineCharacteristics: Gravel
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Beamed Ceilings, Panelled Walls, Patio Door, Main Floor Laundry, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2160
  • Garage Type: Detached
  • Heat: Baseboard, Boiler, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 3
  • Year Built: 2000
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Stove, Refrigerator, Trash Compactor
  • Basement Material: N/A
  • Basement Style: Slab
  • Bathroom 1 Level: 2
  • Bathroom Description: Full Master, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Dining Room
  • Bedroom 5: Den/Office
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2160
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City, Paved, Street Lights
  • Water Frontage In Feet: 114
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt

Utilities

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

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: 150 X 220
  • Estimated Number of Acres: 0.75
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Telephone, Underground Utilities, Level, See Remarks
  • Parcel Number: 80-021-1395
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 4516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2017
Closed on
Aug 4, 2017
Sold by
Patrick Finn
Bought by
Cook Jeanmarie and Ice Richard J
Seller's Agent
Mike Raymond
Red Pine Realty
Buyer's Agent
Larry Dean
Red Pine Realty
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$865,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,235
Avg. Annual Appreciation
7.02%
Original Mortgage
$396,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cook Jeanmarie $495,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cook Jeanmarie $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2017 08/08/17 Sold $495,000 0.0% $229 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $495,000 -- $229 / 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 $8,494 $800,000 $401,700 $398,300
2023 $80 $752,900 $386,300 $366,600
2022 $7,016 $641,100 $319,200 $321,900
2021 $6,784 $515,200 $229,500 $285,700
2020 $6,784 $509,900 $229,500 $280,400
2019 $5,420 $508,700 $229,500 $279,200
2018 $5,222 $386,900 $168,000 $218,900
2017 $5,040 $389,400 $168,000 $221,400
2016 $4,788 $388,700 $167,300 $221,400
2015 $4,516 $391,100 $167,300 $223,800
2014 $4,704 $393,500 $167,300 $226,200
2012 -- $406,200 $141,600 $264,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mike Raymond

    Red Pine Realty

    (218) 370-0373

    150 Total Sales

    Mike Raymond
    Section Image

  • L

    Buyer's Agent in 2017

    Larry Dean

    Red Pine Realty

See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6028845

APN: 80-021-1395

Minnesota Cook County Grand Marais 55604

512 Old Shore Rd, Grand Marais, MN

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