$495,000
SOLD JUN 3, 2024

555 Poplar River Rd Lutsen, MN 55612

3 Beds
3 Baths
1,800 Sq Ft
2000 Built

Recently Sold

$275 Per Sq Ft

5% Below List Price

14 Days on Market

Highlights

  • Lake Front
  • Whirlpool Bathtub
  • Bathroom on Main Level
  • Deck
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of May 2025

Newly remodeled Vacation Rental Condominium part of the Poplar River Condominium Association. The home is located on a high ridge overlooking Lake Superior and the mouth of the Poplar River. The Main Floor Condo consists of 3 lock out units that can be arranged in any combination. The main unit (555) includes a: Full Living Room; Full Dining Room; Full Kitchen; Master Bedroom with King Sized Bed and Jacuzzi Tub; Bathroom; Corner Gas Fireplace; Large Flat Screen TV; and deck. The 2 end units (554 & 556) each include: King Sized Beds; Bathrooms with soaking tubs; Private Decks; Gas Fireplaces; and Kitchenettes. All units have access to ski lockers, Cyber Code Locks, and high speed internet. Cleaning, laundry and lodging services are provided by a local company.

Last Agent to Sell the Property

Greg Lawrence

Home Avenue Listed on: 04/18/2024

Last Buyer's Agent

Lisa Michalski

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • Many Trees

HOA Fees

  • $782 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Outdoor Features

  • Shared Waterfront
  • Deck

Utilities

  • No Cooling
  • Baseboard Heating
  • Shared Water Source
  • Electric Water Heater
  • Shared Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • Association fees include management, parking, snow removal, trash, water, building insurance, cable/satellite
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 272940602

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,668

Year Built

Built in 2000

Lot Details

0

HOA Fees

$782 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take first right after crossing the Poplar River Bridge on Poplar River Road from Hwy 61.
  • L O1 Office Phone1 Number: 952-929-7355
  • Planned Unit Development: Yes
  • List Price/ Sq Ft: 275
  • PropAdjoinsPublicLand: No
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Cable TV, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • CondoPropertyType: Two Unit
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1800
  • Garage Type: None
  • Heat: Baseboard
  • Fireplaces: 1
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 3
  • Year Built: 2000
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Exhaust Fan/Hood, Freezer, Microwave, Refrigerator, Range/Stove
  • Basement Material: Poured Concrete
  • Basement Style: None
  • Bathroom Description: Full Master, Whirlpool
  • Formal Dining: Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Bathrooms: 3
  • Total Fin Square Footage: 1800

Exterior Features

  • Waterfront Access: Shared
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 782

Fee Information

  • Association Fee Includes: Management, Other, Parking, Snow Removal, Trash, Water, Building Insurance, Cable/Satellite

Schools

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

Lot Info

  • Geo Update Timestamp: 2024-04-18
  • Estimated Lot Dimensions: Common
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Lot Description: Accessible Shoreline, Tree Coverage - Heavy, Telephone, Other
  • Parcel Number: 272940602
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 2668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
May 15, 2025
Sold by
Grafa Adam and Grantz Lucy
Bought by
Hill Neumo Properties Llc
Seller's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
Buyer's Agent
Agne Smith
Coldwell Banker North Shore
List Price
$502,000
Sold Price
$492,500
Premium/Discount to List
-$9,500
-1.89%
Views
90

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 3, 2024
Sold by
Schroeder Norman and Schroeder Pamela
Bought by
Larson Ryan and Larson Amber
Seller's Agent
Greg Lawrence
Home Avenue
Buyer's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
List Price
$520,000
Sold Price
$495,000
Premium/Discount to List
-$25,000
-4.81%
Views
17

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.53%
Original Mortgage
$247,500
Interest Rate
7.1%
Mortgage Type
New Conventional
Source: Public Records

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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 Type Sale Price Title Company
Deed $492,500 --
Deed $495,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $247,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $492,500 -1.9% $274 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $502,000 +1.4% $279 / Sq Ft
06/03/2024 06/03/24 Sold $495,000 -4.8% $275 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $520,000 -- $289 / 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 $3,102 $371,200 $103,200 $268,000
2023 $27 $338,000 $97,300 $240,700
2022 $3,434 $334,600 $93,600 $241,000
2021 $3,336 $317,700 $78,100 $239,600
2020 $3,722 $315,100 $78,200 $236,900
2019 $3,104 $338,100 $77,200 $260,900
2018 $2,918 $319,500 $77,200 $242,300
2017 $2,730 $322,300 $77,200 $245,100
2016 $2,500 $322,300 $77,200 $245,100
2015 $2,426 $325,000 $77,200 $247,800
2014 $2,370 $336,300 $49,700 $286,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6113206

APN: 27-294-0602