NOT LISTED FOR SALE

540 Old North Shore Rd Unit Cabin 8 Share 2 Two Harbors, MN 55616

Estimated Value: $287,000 - $529,037

2 Beds
1 Bath
585 Sq Ft
$762/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $260,000 $444 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $3,269/month

2 Days on Market

Highlights

  • 1,200 Feet of Waterfront
  • Living Room
  • 1-Story Property
  • Lake View
  • Bathroom on Main Level
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

Wow, just wow. You are on the shore of Lake Superior, feel the spray from the waves hit your face you are that close. You are right on the water with a firepit and beautiful views from all around. 2 bedrooms with an open living room/kitchen area, beautiful gas fireplace and tranquil views that are just breathtaking. This is a 1/4 share unit (13 weeks a year). Very few 2 bedroom units in the resort so this does not happen often. You are right on the water with a firepit and beautiful views from all around.

Last Agent to Sell the Property

Sue Bott

RE/MAX Professionals - Two Harbors Listed on: 06/12/2024

RE/MAX Professionals - Two Harbors

Last Buyer's Agent

Alex Chapek

Odyssey Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2016

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 53x50
  • 1,200 Feet of Waterfront
  • Lake Front

HOA Fees

  • $736 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Cabin
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 585 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Living Room
  • Lake Views
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Shared Water Source
  • Drilled Well
  • Mound Septic
  • Shared Sewer
  • High Speed Internet

Community Details

  • Association fees include controlled access, electricity, gas, management, parking, trash, water, heat, lawn care, sewer

Listing and Financial Details

  • Assessor Parcel Number 25-5230-04010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,736

Year Built

Built in 2016

Lot Details

0

HOA Fees

$736 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Down Scenic Hwy from Two Harbors to Old North Shore Drive to address on the lake side. NO DRIVE BY's please. Across from Larsmont
  • InternetOptions: DSL, Fiber Optic
  • L O1 Office Phone1 Number: 218-834-5144
  • List Price/ Sq Ft: 444.44
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2024
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • CondoPropertyType: Detached
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 585
  • Garage Type: None
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 2016
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Rustic Cabin
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: Crawl Space
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 585
  • Exercise Room Level2: Main

Exterior Features

  • Waterfront Access: Association
  • Water Frontage In Feet: 1200
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Mound, Shared
  • Water: Drilled, Shared

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Quarterly

Association/Amenities

  • FeesAssociationFeeAmount: 2206.95

Fee Information

  • Association Fee Includes: Controlled Access, Electricity, Gas, Management, Parking, Trash, Water, Heat, Lawn Care, Sewer

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2024-06-14
  • Estimated Lot Dimensions: 53x50
  • Estimated Number of Acres: 0.06
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 25-5230-04010
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 3736

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2019
Sold by
Breezy On Lake Superior
Bought by
Bzy Hldg Llc
Current Estimated Value
$435,562
Source: Public Records

Range of Values:

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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
Bzy Hldg Llc $695,130 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Matthew K $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2024 07/08/24 Sold $260,000 0.0% $444 / Sq Ft
06/14/2024 06/14/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $260,000 +8.3% $444 / Sq Ft
09/07/2022 09/07/22 Sold $240,000 0.0% $410 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
08/17/2022 08/17/22 For Sale $240,000 -- $410 / 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 $1,531 $472,300 $45,700 $426,600
2023 $1,718 $374,300 $42,200 $332,100
2022 $3,216 $378,400 $42,200 $336,200
2021 $3,271 $360,400 $75,600 $284,800
2020 $2,856 $186,500 $55,700 $130,800
2019 $2,993 $186,500 $55,700 $130,800
2018 $2,770 $265,600 $60,900 $204,700
2017 $2,457 $240,800 $57,600 $183,200
2016 $105 $218,800 $45,400 $173,400
Source: Public Records

Agents Affiliated with this Home

  • Sue Bott

    Seller's Agent in 2024

    Sue Bott

    RE/MAX

    (218) 590-4013

    251 Total Sales

    Section Image

  • A

    Buyer's Agent in 2024

    Alex Chapek

    Odyssey Real Estate Group

    (218) 391-0434

    95 Total Sales

    Section Image

  • J

    Seller's Agent in 2022

    Jarett Mickelson

    Legacy Real Estate Group LLC

    (218) 390-4010

    207 Total Sales

    Section Image
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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6114300

APN: 25-5230-01020

Minnesota Lake County Two Harbors 55616

540 Old North Shore Rd Unit Cabin 8 Share 2, Two Harbors, MN

This home is located at 540 Old North Shore Rd Unit Cabin 8 Share 2, Two Harbors, MN 55616 since 12 June 2024 and is currently estimated at $445,679, approximately $761 per square foot. This property was built in 2016. 540 Old North Shore Rd Unit Cabin 8 Share 2 is a home located in Lake County with nearby schools including Minnehaha Elementary School and Two Harbors Secondary.

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