$285,000
SOLD JUL 17, 2017

7192 W Highway 61 Unit Bluefin Bay Unit 22 Tofte, MN 55615

1 Bed
1.5 Baths
880 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$324 Per Sq Ft

59 Days on Market

Highlights

  • 800 Feet of Waterfront
  • Fitness Center
  • Vaulted Ceiling
  • Beach
  • Panoramic View
  • Sauna

About This Home

As of January 2023

The One Bedroom Elite is Bluefin Bay’s most popular and romantic room styles. It features a two-level condominium that has spectacular views of the Lake Superior throughout the unit. Having the bedroom on the second level gives a commanding, yet private view at any time. Because the unit is so popular with guests, the rental income generated by Unit 22 is higher than some larger units at the resort. This unit recently upgraded the kitchen and appliances, new furnishings and carpet, air conditioning installed, and a new fireplace. Unit 22 regularly grosses over $50,000 in annual rental income. The couch in the living room is a sofa-sleeper, making this one bedroom unit capable of sleeping up to 4 people. It's perfect for families or couples just looking for a romantic retreat. There are only 4 units of this style at Bluefin, and so this one won't last long.

Last Agent to Sell the Property

Eric Frost

Coldwell Banker North Shore

Last Buyer's Agent

Eric Frost

Coldwell Banker North Shore

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,292

Year Built

  • Built in 1988

Lot Details

  • 4,356 Sq Ft Lot
  • 800 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $660 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • 880 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathroom on Main Level

Parking

  • No Garage
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Patio
  • Attached Grill
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Dual Heating Fuel
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-062-0220

Community Details

Overview

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

Amenities

  • Community Garden
  • Sauna
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Fitness Center
  • Community Spa

Security

  • 24 Hour Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,292

Year Built

Built in 1988

Lot Details

0

HOA Fees

$660 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Bluefin Bay is located on Highway 61 in Tofte. Within Bluefin Bay, Unit 22 is located between wellness center and outdoor playground.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 323.86
  • Road Maintenance: Association
  • ShorelineCharacteristics: Gravel, Rocky
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2017
  • Twp Number: 59
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Cable TV, Beamed Ceilings, Drywalls, Foyer Entry, Patio Door
  • Amenities Exterior: Patio, Permanent Outdoor Grill
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 880
  • Garage Type: None
  • Heat: Dual Fuel/Off Peak, Electric
  • New Development: No
  • Reso Roof: Wood Shingles
  • TotalBedrooms: 1
  • Year Built: 1988
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Stove, Refrigerator
  • Basement Features: N/A
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 440
  • Basement Style: None
  • Bathroom 1 Level: Half Bath
  • Bathroom Description: Full Master, 1/2 Main Floor
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 880

Exterior Features

  • Road Frontage: Private
  • Water Frontage In Feet: 800
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Pool: In-Ground, Heated, Indoor, Outdoor, Shared
  • Window Features:Insulated Windows: Energy Windows

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Shared: 24 Hour Guard, Common Garden, Hot Tub, Patio, Porch, Sauna, Tennis Courts, Business Center, Exercise Room, Swimming Beach, Community Room
  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 660.4

Fee Information

  • Association Fee Includes: Exterior Maintenance, Landscaping, Management, Parking, Recreation Facilities, Security Staff, 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: 2017-07-18
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped
  • Parcel Number: 25-062-0220
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Jan 5, 2023
Sold by
Lohmann Dennis and Williamson Jomarie
Bought by
Waldo James
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$431,000
Sold Price
$431,000
Total Days on Market
59
Current Estimated Value
$521,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,843
Avg. Annual Appreciation
2.76%

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jul 12, 2017
Sold by
Keogh Mark & Cheryl Trust
Bought by
Lohmann Dennis M and Williamson Jomarie
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$285,000
Sold Price
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$213,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Map

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 Type Sale Price Title Company
Deed $431,000 --
Grant Deed $285,000 North Shore Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $213,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2023 01/05/23 Sold $431,000 0.0% $490 / Sq Ft
11/15/2022 11/15/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $431,000 +51.2% $490 / Sq Ft
07/17/2017 07/17/17 Sold $285,000 0.0% $324 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $285,000 -- $324 / 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
2023 $25 $300,500 $138,900 $161,600
2022 $2,884 $266,600 $122,800 $143,800
2021 $5,042 $239,800 $117,400 $122,400
2020 $3,288 $236,900 $117,100 $119,800
2019 $2,496 $274,400 $116,000 $158,400
2018 $2,438 $236,800 $115,900 $120,900
2017 $2,292 $238,200 $115,900 $122,300
2016 $2,106 $237,100 $116,000 $121,100
2015 $2,396 $238,400 $116,000 $122,400
2014 $2,328 $286,500 $117,000 $169,500
2012 -- $286,500 $117,000 $169,500
Source: Public Records

Source: Lake Superior Area REALTORS®

MLS Number: 6027849

APN: 25-062-0220