NOT LISTED FOR SALE

54 Morgan Rd Grand Marais, MN 55604

Estimated Value: $292,000 - $1,044,431

-- Bed
-- Bath
576 Sq Ft
$1,290/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $191,000 $332 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $4,360/month

805 Days on Market

Highlights

  • Lake View
  • Great Room
  • 1 Car Attached Garage
  • 40 Acre Lot
  • Wood Frame Window
  • No Interior Steps

About This Home

As of July 2020

Looking for that special getaway in the woods? This cabin is located on forty acres of mature trees and abuts Cascade State Park and Federal land! The one-room cabin with garage and bonus space is quite functional as it is, or remodel as you desire. Deer camp? Retreat? Future dream home? Electricity and broadband are already hooked up. . . but, better than modern technology, there are already trails through the woods and a rock fire ring for outdoor gathering and socializing. The location screams, "Recreation and Fun!" Beautiful Lake Superior views, easy access to hiking trails, and an abundance of wildlife. This property can be subdivided--just think of the possibilities! Located on a private, year round road close to Grand Marais, Lutsen, and Cascade State Park. Check out this cozy gem in the forest!

Last Agent to Sell the Property

Julie J. Carlson

Coldwell Banker North Shore Listed on: 03/29/2018

Last Buyer's Agent

Jessica Smith

Red Pine Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $750

Year Built

  • Built in 1993

Lot Details

  • 40 Acre Lot
  • Lot Dimensions are 656 x 2650
  • Property fronts a private road
  • Elevated Lot
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Cabin
  • Slab Foundation
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 576 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Great Room
  • Lake Views

Parking

  • 1 Car Attached Garage
  • Gravel Driveway
  • Shared Driveway
  • Off-Street Parking

Accessible Home Design

  • No Interior Steps
  • Stepless Entry

Outdoor Features

  • Outhouse

Utilities

  • No Cooling
  • Baseboard Heating
  • Water Not Available
  • Not Connected to Sewer

Community Details

  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 52-131-4200

Home Details

Home Type

Single Family

Est. Annual Taxes

$750

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Grand Marais, Highway 61 West to Morgan Road (just west of County Road 7). Follow Morgan Road to Property, fire number 54.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 331.6
  • PropAdjoinsPublicLand: Yes
  • Road Maintenance: Private, See Remarks
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 61
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: No
  • Ada Features: No Stairs External, No Stairs Internal
  • Air Conditioner: None
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 576
  • Garage Type: Attached
  • Heat: Baseboard, Electric
  • MainFloorBath: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Other
  • Year Built: 1993
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: N/A
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 576
  • Basement Style: Slab
  • Bathroom Description: None
  • Extra Rooms: See Remarks
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Great Room
  • Bathroom 2: Other
  • Stories: 1 Story
  • Total Fin Square Footage: 576
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Private, Unpaved
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Shared, Driveway - Gravel
  • Garage Capacity: 1

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: None, Outhouse
  • Water: None

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-03-30
  • Estimated Lot Dimensions: 656 x 2650
  • Estimated Number of Acres: 40
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 52-131-4200

Rental Info

  • Lease Terms: Cash

Tax Info

  • Tax Amount: 750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Jul 10, 2020
Sold by
Glasser Paul Paul
Bought by
Glynn William William
Seller's Agent
Julie J. Carlson
Coldwell Banker North Shore
Buyer's Agent
Jessica Smith
Red Pine Realty
List Price
$191,000
Sold Price
$191,000
Current Estimated Value
$742,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,810
Avg. Annual Appreciation
29.21%
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
Glynn William William $191,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2020 07/10/20 Sold $191,000 0.0% $332 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
03/29/2018 03/29/18 For Sale $191,000 -- $332 / 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 $5,570 $813,000 $251,200 $561,800
2023 $15 $259,300 $220,400 $38,900
2022 $1,192 $159,400 $124,300 $35,100
2021 $946 $151,700 $124,300 $27,400
2020 $750 $121,700 $106,800 $14,900
2019 $742 $95,000 $79,000 $16,000
2018 $692 $92,800 $79,000 $13,800
2017 $632 $92,900 $79,000 $13,900
2016 $728 $93,100 $79,000 $14,100
2015 $676 $120,300 $102,000 $18,300
2014 $636 $120,300 $102,000 $18,300
2012 -- $120,300 $102,000 $18,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6073759

APN: 52-131-4200