NOT LISTED FOR SALE

6562 W Highway 61 Tofte, MN 55615

Estimated Value: $524,000 - $721,305

2 Beds
1 Bath
810 Sq Ft
$739/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $343,500 $424 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,695/month

58 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Deck
  • Main Floor Primary Bedroom
  • Panoramic View
  • Traditional Architecture
  • Woodwork

About This Home

As of May 2018

Charming cabin by the Big Waters Shining. Located between Tofte and Lutsen, convenient to all there is to do in Cook County. Located Right on the bike path. Property has a Cool stairway down to 200’ of ancient ledgerock where water sounds will lift your spirits. Cabin has been well taken care of. Great sprawling deck, Efficient off-peak heat. Classic stone fireplace flanked by sliding glass doors with the Big Lake laid out to the horizon. Continue with the good vacation rental history or simply make it your own private getaway on the Northshore. This is a place to return to after a big outing, or a quick morning bike down to Tofte. It’s a place for cribbage tournaments or canasta. Hey, work out those muscles and split a cord of wood! The deck was made for smoked trout from the North Shore Market, cheese from Thunder Oak Farm and some of Herbie’s Blend from the Northshore Winery. It’s wood-smoke and contemplation in the winter. Escape, retreat and refresh all year long at this Classic Northshore Cutie.

Last Agent to Sell the Property

John Oberholtzer

TimberWolff Realty LLC Listed on: 02/28/2018

Last Buyer's Agent

Amy Spampinato

RE/MAX Professionals - Duluth

RE/MAX Professionals - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,902

Year Built

  • Built in 1993

Lot Details

  • 1 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front

Property Views

  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • 810 Sq Ft Home
  • Multi-Level Property
  • Woodwork
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Utility Room
  • Washer Hookup
  • Crawl Space

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

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

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Dual Heating Fuel
  • Water Filtration System
  • Private Water Source
  • Electric Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 25-012-3313

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,902

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Between Lutsen and Tofte on Highway 61. Shared Driveway with 6566.
  • L O1 Office Phone1 Number: 218-663-8777
  • List Price/ Sq Ft: 424.07
  • PropAdjoinsPublicLand: No
  • ShorelineCharacteristics: Rocky
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • Twp Number: 4W
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Natural Woodwork, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 810
  • Garage Type: None
  • Heat: Dual Fuel/Off Peak, Electric
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1993
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Upper
  • RoomLevel5: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 572
  • Basement Style: Crawl Space
  • Bathroom 1 Level: main
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Utility Room
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 810
  • Exercise Room Level2: Main

Exterior Features

  • Water Frontage In Feet: 200
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2018-04-27
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 25-012-3313
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
May 31, 2018
Bought by
Lojovich Carl Carl and Lojovich Jeanne Jeanne
Seller's Agent
John Oberholtzer
TimberWolff Realty LLC
Buyer's Agent
Amy Spampinato
RE/MAX Professionals - Duluth
List Price
$343,500
Sold Price
$343,500
Current Estimated Value
$598,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,268
Avg. Annual Appreciation
10.32%
Original Mortgage
$309,150
Outstanding Balance
$268,456
Interest Rate
4.4%
Estimated Equity
$430,214

Purchase Details

Closed on
Sep 18, 2015
Sold by
O'Brien Kristine Kristine
Bought by
Lyle Ted
Source: Public Records

Range of Values:

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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
Lojovich Carl Carl $343,500 --
Lyle Ted $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lojovich Carl Carl $309,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $343,500 0.0% $424 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $343,500 -- $424 / 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 $5,186 $605,900 $401,500 $204,400
2023 $45 $544,500 $358,400 $186,100
2022 $4,544 $476,300 $328,400 $147,900
2021 $3,754 $377,900 $260,000 $117,900
2020 $3,576 $351,500 $235,000 $116,500
2019 $3,144 $345,400 $257,000 $88,400
2018 $3,902 $293,100 $225,300 $67,800
2017 $3,798 $371,800 $303,200 $68,600
2016 $2,718 $382,600 $313,200 $69,400
2015 $2,554 $380,700 $311,000 $69,700
2014 $2,596 $387,900 $276,500 $111,400
2012 -- $435,000 $323,000 $112,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6033299

APN: 25-012-3313