M
Seller's Agent in 2022
Mike Raymond
Red Pine Realty
(218) 370-0373
159 Total Sales
67 W Tofte Cabin Tr Grand Marais, MN 55604
Estimated Value: $246,000 - $848,000
1
Bed
--
Bath
556
Sq Ft
$1,213/Sq Ft
Est. Value
Highlights
- Private Waterfront
- Beach Access
- Island Location
- Docks
- Lake View
- Contemporary Architecture
About This Home
As of August 2022Greenwood Lake Gem. Unique in its appearance and rare in its lakeside setting, this Scandinavian designed cottage of glass, steel and wood calls you to nature. The wilderness enters the living space and makes you part of the experience. Created by SALA Architects, Inc, with expected quality and tasteful design elements, this day cabin is ready for your use while a main house is being built. The indoor galley-like kitchen spills outdoors to a large cooking and food prep area, with patio space on the water's edge. A knoll above the cottage makes for amazing views and a great place for nights around the fire pit. There's a great build site waiting for a main home, that overlooks the huge expanse of water that is Greenwood Lake. Pines, rocks and wilderness shoreline surround the private point, with 740' of meandering lakeshore with almost 4 acres, plus a protected cove for your boat. There's also room for a garage. Preliminary solar power infrastructure is in place, but grid power and broadband is expected to this location soon. An outhouse with carry-in water and simple living setup work for a rough-it lake retreat, or you can expand this property into whatever your dreams entail.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,154
Year Built
- Built in 2013
Lot Details
- 3.94 Acre Lot
- Lot Dimensions are 300 x 550
- Private Waterfront
- 336 Feet of Waterfront
- Lake Front
- Property fronts a private road
- Cul-De-Sac
- Lot Has A Rolling Slope
- Many Trees
HOA Fees
- $38 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Poured Concrete
- Metal Roof
- Wood Siding
- Steel Beams
Interior Spaces
- 1 Primary Bedroom on Main
- 556 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Free Standing Fireplace
- Lake Views
- Cooktop
Parking
- No Garage
- Gravel Driveway
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Beach Access
- Docks
- Patio
- Outdoor Kitchen
- Outhouse
- Attached Grill
Location
- Property is near a forest
- Island Location
Utilities
- Heating System Uses Wood
- Water Not Available
Community Details
- Property is near a preserve or public land
Listing and Financial Details
- Assessor Parcel Number 54-434-1340
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 13, 2022
Closed on
Aug 19, 2022
Sold by
Johnson Chad and Kane Amy
Bought by
Rains Travis and Robinson Allison
Seller's Agent
Mike Raymond
Red Pine Realty
Buyer's Agent
Jacob Patten
Red Pine Realty
List Price
$699,900
Sold Price
$699,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,297
Avg. Annual Appreciation
0.77%
Original Mortgage
$492,168
Outstanding Balance
$472,346
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$243,669
Purchase Details
Listed on
Jun 15, 2017
Closed on
Aug 25, 2017
Sold by
Sorensen James E
Bought by
Kane Amy Gayle and Johnson Chad
Seller's Agent
Gail Englund
Red Pine Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$340,000
Sold Price
$340,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.60%
Original Mortgage
$272,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rains Travis | $699,900 | -- | |
| Kane Amy Gayle | $340,000 | North Shore Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rains Travis | $492,168 | |
| Previous Owner | Kane Amy Gayle | $272,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $699,900 | 0.0% | $1,259 / Sq Ft |
| 07/15/2022 07/15/22 | Pending | -- | -- | -- |
| 06/13/2022 06/13/22 | For Sale | $699,900 | +105.9% | $1,259 / Sq Ft |
| 08/30/2017 08/30/17 | Sold | $340,000 | 0.0% | $885 / Sq Ft |
| 07/22/2017 07/22/17 | Pending | -- | -- | -- |
| 06/15/2017 06/15/17 | For Sale | $340,000 | -- | $885 / Sq Ft |
Source: Lake Superior Area REALTORS®
Tax History Compared to Growth
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 | $5,526 | $737,300 | $328,200 | $409,100 |
| 2023 | $40 | $564,400 | $300,400 | $264,000 |
| 2022 | $2,154 | $275,900 | $177,900 | $98,000 |
| 2021 | $2,252 | $234,800 | $136,800 | $98,000 |
| 2020 | $2,478 | $246,100 | $149,000 | $97,100 |
| 2019 | $2,548 | $266,100 | $169,000 | $97,100 |
| 2018 | $2,620 | $267,000 | $169,000 | $98,000 |
| 2017 | $2,396 | $288,600 | $205,600 | $83,000 |
| 2016 | $1,798 | $289,400 | $205,600 | $83,800 |
| 2015 | $1,490 | $239,100 | $205,600 | $33,500 |
| 2014 | $1,450 | $210,700 | $205,600 | $5,100 |
| 2012 | -- | $247,200 | $238,700 | $8,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Buyer's Agent in 2022
Jacob Patten
Red Pine Realty
(218) 370-8278
112 Total Sales
-
G
Seller's Agent in 2017
Gail Englund
Red Pine Realty
-
N
Buyer's Agent in 2017
Nonmember NONMEMBER
Nonmember Office
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6103446
APN: 54-434-1340
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