NOT LISTED FOR SALE

7192 W Highway 61 Unit 16 Tofte, MN 55615

Estimated Value: $499,469 - $583,000

2 Beds
2 Baths
1,120 Sq Ft
$482/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $250,000 $223 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,799/month

Highlights

  • 200 Feet of Waterfront
  • Outdoor Pool
  • Deck
  • Tennis Courts
  • Lake View
  • Balcony

About This Home

As of October 2016

Entered for Comp. purposes only.

Last Listed By

Eric Frost

Coldwell Banker North Shore Listed on: 11/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,432

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 32 x 36
  • 200 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a state road
  • Level Lot

HOA Fees

  • $802 Monthly HOA Fees

Home Design

  • Fire Rated Drywall
  • Wood Frame Construction
  • Wood Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Open Floorplan
  • Lake Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Shared Driveway
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Balcony
  • Deck

Utilities

  • Heating System Uses Wood
  • Baseboard Heating
  • Underground Utilities
  • Private Water Source
  • Private Sewer

Community Details

  • Association fees include controlled access, exterior maintenance, landscaping, parking, recreation facilities, shared amenities, snow removal, trash, water, building insurance, cable/satellite, lawn care

Listing and Financial Details

  • Assessor Parcel Number 25-062-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,432

Year Built

Built in 1985

Lot Details

0

HOA Fees

$802 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: West Hwy 61 to Tofte, to address
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 223.21
  • Road Maintenance: Association, Public
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2016
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Drywalls
  • Amenities Exterior: Balcony, Deck, Hot Tub, Tennis Courts, Pool
  • CondoPropertyType: Attached 3 Levels Or Less
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1120
  • Garage Type: None
  • Heat: Baseboard, Wood, Electric
  • Reso Roof: Wood Shingles
  • Bedroom 3: Kitchen
  • TotalBedrooms: 2
  • Year Built: 1985
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel8: Main
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Estimated Basement Sq Ft: 820
  • Basement Style: None
  • Bathroom 1 Level: Full
  • Formal Dining: Combine with Kitchen, Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Bedroom 5: Master Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 8: Family Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1120
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Paved, Private, Sidewalk, State, Street Lights
  • Water Frontage In Feet: 200
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Shared

Utilities

  • Sewer: Private
  • Water: Private

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 802.16

Fee Information

  • Association Fee Includes: Controlled Access, Exterior Maintenance, Landscaping, Parking, Recreation Facilities, Shared Amenities, Snow Removal, Trash, Water, Building Insurance, Cable/Satellite, Lawn Care

Schools

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

Lot Info

  • Geo Update Timestamp: 2016-11-15
  • Estimated Lot Dimensions: 32 x 36
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Underground Utilities, Level
  • Parcel Number: 25-062-0160
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 2432

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2016
Closed on
Oct 4, 2016
Sold by
King James James
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$540,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,117
Avg. Annual Appreciation
8.76%
Original Mortgage
$250,000
Outstanding Balance
$206,598
Interest Rate
3.43%
Estimated Equity
$307,568

Range of Values:

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Average Value
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List Price
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
-- $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open -- $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2016 11/15/16 For Sale $250,000 0.0% $223 / Sq Ft
10/04/2016 10/04/16 Sold $250,000 -- $223 / Sq Ft
10/04/2016 10/04/16 Pending -- -- --
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
2023 $30 $366,100 $144,300 $221,800
2022 $3,472 $324,600 $127,200 $197,400
2021 $6,374 $288,700 $120,600 $168,100
2020 $3,468 $284,800 $120,200 $164,600
2019 $2,878 $289,500 $118,700 $170,800
2018 $2,812 $272,000 $118,700 $153,300
2017 $2,642 $273,600 $118,600 $155,000
2016 $2,432 $272,200 $118,700 $153,500
2015 $2,836 $273,900 $118,700 $155,200
2014 $2,756 $337,000 $117,000 $220,000
2012 -- $337,000 $117,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6026076

APN: 25-062-0160