NOT LISTED FOR SALE

7192 W Highway 61 Unit Bluefin Bay Unit 18 Tofte, MN 55615

Estimated Value: $509,480 - $572,000

2 Beds
2 Baths
970 Sq Ft
$553/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $511,000 $527 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,860/month

5 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Shared Waterfront
  • Wood Burning Fireplace
  • Bathroom on Main Level
  • Wood Siding
  • Heating Available

About This Home

As of October 2023

Unit 18 at Bluefin has been a guest-favorite for years. It has a great floor plan, unique to the rest of the resort. The current owners have done a wonderful job maintaining it and have added touches that make Unit 18 stand apart from others. It has a private side-deck unlike any others at Bluefin and offers a panoramic view of Lake Superior. It's upper-level location provides a private feel from the rest of the resort, while being in heart of all the Bluefin amenities. Unit 18's commanding view of the old Tofte dock pays homage to where the Steamship America once unloaded Tofte's settlers. The cozy living room combines with the kitchen for entertaining, while the two bedrooms offer privacy. The unit is being sold fully furnished. Generating $90,000 in annual rental income, it makes for a solid investment that you're able to enjoy with friends and family year-round. It is truly a one-of-a-kind unit at Bluefin Bay that has legions of repeat guests each year. Call for your private showing today.

Last Listed By

Eric Frost

Coldwell Banker North Shore Listed on: 09/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1988

Lot Details

  • 871 Sq Ft Lot
  • 3,000 Feet of Waterfront
  • Lake Front

HOA Fees

  • $870 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Shared Waterfront

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available

Community Details

  • Association fees include exterior maintenance, landscaping, management, parking, recreation facilities, shared amenities, snow removal, building insurance, lawn care

Listing and Financial Details

  • Assessor Parcel Number 25-062-0180

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,672

Year Built

Built in 1988

Lot Details

0

HOA Fees

$870 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Unit 18 is located across from the Indoor Pool at Bluefin Bay on Highway 61 in Tofte.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 526.8
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2023
  • Lot Description Waterfront: Yes
  • CondoPropertyType: Attached 3 Levels Or Less
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 970
  • Garage Type: None
  • Heat: Ductless/Mini Split, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 2
  • Year Built: 1988
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 970

Exterior Features

  • Waterfront Access: Shared
  • Water Frontage In Feet: 3000
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 870

Fee Information

  • Association Fee Includes: Exterior Maintenance, Landscaping, Management, Parking, Recreation Facilities, Shared Amenities, Snow Removal, Building Insurance, Lawn Care
  • Insurance Expense: Yes
  • Insurance Expense: H06 Policy

Schools

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

Lot Info

  • Geo Update Timestamp: 2023-09-13
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 25-062-0180
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 2672

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 9, 2023
Sold by
Appleby Darren and Appleby Heather
Bought by
Kelly Dennis and Kelly Gregory Dennis
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$511,000
Sold Price
$511,000
Total Days on Market
5
Current Estimated Value
$536,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,370
Avg. Annual Appreciation
2.62%

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 29, 2020
Sold by
Wagner Daniel Daniel
Bought by
Appleby Darren Darren
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.68%

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
Kelly Dennis $511,000 --
Appleby Darren Darren $325,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $511,000 0.0% $527 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $511,000 +57.2% $527 / Sq Ft
12/29/2020 12/29/20 Sold $325,000 0.0% $335 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $325,000 -- $335 / 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
2023 $27 $328,300 $140,700 $187,600
2022 $3,134 $291,300 $124,300 $167,000
2021 $5,610 $260,700 $118,500 $142,200
2020 $3,132 $257,400 $118,100 $139,300
2019 $2,720 $261,500 $116,900 $144,600
2018 $2,656 $257,300 $116,800 $140,500
2017 $2,500 $258,800 $116,800 $142,000
2016 $2,300 $257,800 $117,000 $140,800
2015 $2,400 $259,400 $117,000 $142,400
2014 $2,330 $286,800 $117,000 $169,800
2012 -- $286,800 $117,000 $169,800
Source: Public Records

Agents Affiliated with this Home

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Source: Lake Superior Area REALTORS®

MLS Number: 6110540

APN: 25-062-0180