NOT LISTED FOR SALE

621 1st St Grand Marais, MN 55604

Estimated Value: $316,432 - $442,000

2 Beds
1 Bath
1,664 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $174,700 $105 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,169/month

23 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • Porch
  • Traditional Architecture
  • Lower Floor Utility Room
  • Combination Dining and Living Room

About This Home

As of May 2016

Location, location, location. 1088 sq. ft. home. Two bedroom one bath. Completely renovated kitchen, dining, living room and bedrooms. New propane boiler. Fabulous harbor view. Relax on the classic front porch and watch the world go by. Call today for your private showing.

Last Agent to Sell the Property

Terry Backlund

Backlund Realty LLC Listed on: 03/16/2016

Last Buyer's Agent

Nancy Iverson

TimberWolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $734

Year Built

  • Built in 1915

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Level Lot

Property Views

  • Lake
  • City Lights

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Multi-Level Property
  • Vinyl Clad Windows
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • No Garage
  • Gravel Driveway
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Boiler Heating System
  • Heating System Uses Propane

Listing and Financial Details

  • Assessor Parcel Number 80-212-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$734

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: 621 West 1st St. Grand Marais, MN
  • L O1 Office Phone1 Number: 218-387-1501
  • List Price/ Sq Ft: 104.99
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • View Type:Pond View: Lake Superior, City Lights
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Amenities Exterior: Porch
  • Mfg And Park Info Construction Type: Frame/Wood, Poured Concrete
  • FinFootageAboveGrade: 1088
  • Below Grade Finished Sq Ft: 576
  • Garage Type: None
  • Heat: Baseboard, Boiler, Propane
  • Reso Roof: Asphalt Shingles
  • TotalBedrooms: 2
  • Year Built: 1915
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Basement Features: Unfinished, Utility Room
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 576
  • Basement Style: Full
  • Bathroom 1 Level: upper
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1664

Exterior Features

  • Road Frontage: City, Curb/Gutters, Paved, Sidewalk
  • Construction Status: Previously Owned
  • Exterior: Wood, Asphalt
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-05-17
  • Estimated Lot Dimensions: .22 acres
  • Estimated Number of Acres: 0.22
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, Level
  • Parcel Number: 80-212-0120

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 734

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
May 16, 2016
Sold by
Sandstrom William William
Bought by
Banker Richard
Seller's Agent
Terry Backlund
Backlund Realty LLC
Buyer's Agent
Nancy Iverson
TimberWolff Realty LLC
List Price
$174,700
Sold Price
$174,700
Current Estimated Value
$373,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,658
Avg. Annual Appreciation
8.37%
Original Mortgage
$174,700
Outstanding Balance
$139,299
Interest Rate
3.71%
Estimated Equity
$234,059
Source: Public Records

Range of Values:

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Average Value
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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
Banker Richard $174,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banker Richard $174,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $174,700 0.0% $105 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $174,700 -- $105 / 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 $2,336 $307,155 $111,598 $195,557
2023 $23 $280,713 $97,196 $183,517
2022 $2,636 $257,400 $90,700 $166,700
2021 $2,528 $198,400 $73,700 $124,700
2020 $2,550 $194,600 $73,700 $120,900
2019 $1,768 $195,900 $73,700 $122,200
2018 $1,704 $130,600 $48,400 $82,200
2017 $1,506 $131,700 $48,400 $83,300
2016 $1,428 $121,200 $37,000 $84,200
2015 $734 $122,100 $37,000 $85,100
2014 $958 $96,900 $29,100 $67,800
2012 -- $120,300 $34,800 $85,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6020903

APN: 80-212-0120