NOT LISTED FOR SALE

63 S Caps Trail Lutsen, MN 55612

Estimated Value: $564,000 - $879,000

2 Beds
1 Bath
1,228 Sq Ft
$538/Sq Ft Est. Value

Last Sold October 01, 2019

Last sale price $376,500 $307 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,432/month

16 Days on Market

Highlights

  • Private Waterfront
  • Panoramic View
  • Vaulted Ceiling
  • Docks
  • Deck
  • Traditional Architecture

About This Home

As of October 2019

Welcome to Cedar Cove on Tait Lake! A quality crafted Lutsen Lake Cabin, built in 2004-2005, everything inside and out looks and feels nearly new. You will recognize the craftsmanship and architectural details this home has, from the hewn log siding, varying roof lines and fun windows placed through out the cabin. The 4 season sun porch welcomes you, functional space that serves as a third bedroom when you have extra guests for the weekend. The living room is an awesome space, high vaulted ceilings, tons of windows and a propane free standing stove (it's a beauty) make it a wonderful gathering space. Enjoy casual dining that opens to the walk through galley style kitchen, well designed and very functional. Hallway pantry area allows for tons of storage. Large main level bathroom has built in cabinet space for all the towels you'll need...this is a lake home after all! Connecting laundry space is perfect, with a large utility sink. The master bedroom is lake facing, tons of light flows in to the room, very nice for those winter days at the cabin. The upstairs loft area serves as a bedroom and a den area, large enough for a couple of queens if you want extra bunk space. Enjoy grilling on the large deck designed to capture the evening shade, perfect for outdoor dining. Sure, the cabin is great, but it's the beautiful and serene shoreline that makes this cabin stand out...named Cedar Cove for the mature cedars and pines that line the shoreline where you will find a year round dock with deep shoreline perfect for swimming. Meander the paths on the property and find a nice campfire pit for those chilly evenings. Give this cabin a look now and start making your family memories this summer!

Last Agent to Sell the Property

Kim Wolff

TimberWolff Realty LLC Listed on: 07/18/2019

Last Buyer's Agent

John Oberholtzer

TimberWolff Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,406

Year Built

  • Built in 2004

Lot Details

  • 1.5 Acre Lot
  • Private Waterfront
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped with Trees
  • Additional Land

HOA Fees

  • $20 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • 1,228 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Dryer Hookup

Parking

  • No Garage
  • Gravel Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Docks
  • Deck
  • Enclosed Patio or Porch

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Tankless Water Heater
  • Private Sewer
  • Fiber Optics Available

Community Details

  • Association fees include snow removal

Listing and Financial Details

  • Assessor Parcel Number 27-345-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,406

Year Built

Built in 2004

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 to Cook County 4 a/k/a Caribou Tr approx 13.25 miles to Caps Tr, left. Left again at T to #63 on RT. Up drive past one cabin, past a drive, slight right, dead ends at this cabin.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-663-8777
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: No
  • Road Maintenance: Association
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 62N
  • View Type:Pond View: Inland Lake, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Vaulted Ceilings, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Dock
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1228
  • Garage Type: None
  • Heat: Baseboard, Dual Fuel/Off Peak, Fireplace, Propane, Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Deck
  • Bedroom 3: Dining Room
  • TotalBedrooms: 2
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: N/A
  • Basement Material: N/A
  • Basement Style: Crawl Space, Slab
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room, Informal Dining Room
  • Fireplace: Yes
  • Den Fireplace Type: Free Standing
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: 4 Season Porch
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Kitchen
  • Bedroom 5: Pantry
  • Stories: 1.25 - 1.75 Story
  • Room 6: Laundry Room
  • Room 7: Bathroom
  • Room 8: Master Bedroom
  • Room 9: Bedroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1228
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 355
  • Road Frontage: Private
  • Waterfront Access: Private
  • Water Frontage In Feet: 200
  • Waterfront Name: Tait
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Yearly

Association/Amenities

  • FeesAssociationFeeAmount: 240

Fee Information

  • Association Fee Includes: Snow Removal
  • Insurance Expense: No

Schools

  • Junior High Dist: Cook County #166

Lot Info

  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Additional Land Available, Landscaped, Tree Coverage - Medium
  • Parcel Number: 27-345-0100
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2406

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Sep 23, 2019
Sold by
Lundin Family Living Trust
Bought by
Halvorson Mary R and Garnaas Daniel A
Seller's Agent
Kim Wolff
TimberWolff Realty LLC
Buyer's Agent
John Oberholtzer
TimberWolff Realty LLC
List Price
$376,500
Sold Price
$376,500
Current Estimated Value
$592,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,433
Avg. Annual Appreciation
9.30%
Original Mortgage
$301,200
Outstanding Balance
$263,283
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$397,243
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Halvorson Mary R $376,500 North Shore Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halvorson Mary R $301,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2019 10/01/19 Sold $376,500 0.0% $307 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $376,500 -- $307 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $3,942 $537,600 $227,200 $310,400
2023 $32 $467,000 $224,800 $242,200
2022 $2,876 $385,400 $174,500 $210,900
2021 $2,938 $308,400 $170,800 $137,600
2020 $2,458 $314,700 $175,500 $139,200
2019 $2,406 $259,300 $130,400 $128,900
2018 $2,288 $247,600 $130,400 $117,200
2017 $2,622 $252,600 $134,200 $118,400
2016 $2,382 $306,300 $133,000 $173,300
2015 $2,568 $306,300 $133,000 $173,300
2014 $2,514 $346,300 $173,000 $173,300
2012 -- $346,300 $173,000 $173,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6084878

APN: 27-345-0100