NOT LISTED FOR SALE

7192 W Highway 61 Unit Bluefin Bay Unit 3 Tofte, MN 55615

Estimated Value: $476,428 - $553,000

2 Beds
2 Baths
1,050 Sq Ft
$502/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $275,000 $262 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,730/month

41 Days on Market

Highlights

  • 2,000 Feet of Waterfront
  • Spa
  • Deck
  • Beach
  • Lake View
  • Vaulted Ceiling

About This Home

As of December 2017

One simply can't get any closer to Lake Superior than Unit 3. Make it your new home-away-from home that has great rental history. Guests have been enjoying this unit since the founding of Bluefin Bay, and it's one of the most iconic floor plans at the resort. Located adjacent to the Bluefin Grille, Unit 3 has easy access to all of the resort's amenities. The Master Bedroom has sweeping southeastern views of Lake Superior for fantastic sunrises and moonrises year round. Whether there's big wave activity or calm waters, Unit 3 is poised to take advantage of all of Lake Superior's moods. The deck offers a great place to un-wind, enjoy a book, or just let the water help you realize you're in the right place. Annual gross rental income of $60,000 makes this one of the most affordable ways to own on Lake Superior. Sold fully furnished.

Last Listed By

Eric Frost

Coldwell Banker North Shore Listed on: 10/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,622

Year Built

  • Built in 1984

Lot Details

  • 871 Sq Ft Lot
  • 2,000 Feet of Waterfront
  • Landscaped

HOA Fees

  • $790 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Wood Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Double Pane Windows
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • No Garage
  • Off-Street Parking

Outdoor Features

  • Spa
  • Balcony
  • Deck

Utilities

  • No Cooling
  • Dual Heating Fuel
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Shared Water Source
  • Shared Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-062-0030

Community Details

Overview

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

Amenities

  • Sauna

Recreation

  • Beach
  • Tennis Courts
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,622

Year Built

Built in 1984

Lot Details

0

HOA Fees

$790 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Bluefin Bay is located on Highway 61 in Tofte. Unit 3 is located in the block of town homes adjacent to the Bluefin Grille.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 261.9
  • Road Maintenance: Association
  • ShorelineCharacteristics: Gravel, Hard
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2017
  • Twp Number: 59
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Hot Tub, Natural Woodwork, Tiled Floors, Vaulted Ceilings, Cable TV, Beamed Ceilings
  • Amenities Exterior: Balcony, Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1050
  • Garage Type: None
  • Heat: Baseboard, Dual Fuel/Off Peak, Natural Gas, Electric
  • DevComplexSubName: Bluefin Bay
  • New Development: No
  • Reso Roof: Shake
  • TotalBedrooms: 2
  • Year Built: 1984
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Disposal, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 640
  • Basement Style: None
  • Bathroom 1 Level: 3/4
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1050

Exterior Features

  • Water Frontage In Feet: 2000
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Pool: In-Ground, Heated, Indoor, Outdoor, Shared
  • Window Features:Insulated Windows: Double Glazed

Garage/Parking

  • Parking Driveway: Off Street

Utilities

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

Condo/Co-op/Association

  • Shared: Hot Tub, Sauna, Tennis Courts, Swimming Beach
  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 789.73

Fee Information

  • Association Fee Includes: Exterior Maintenance, Landscaping, Management, 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: 2017-12-28
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Landscaped
  • Parcel Number: 25-062-0030

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2622

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2017
Closed on
Dec 20, 2017
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$275,000
Sold Price
$275,000
Total Days on Market
41
Current Estimated Value
$527,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,357
Avg. Annual Appreciation
8.87%

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
-- $275,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $275,000 0.0% $262 / Sq Ft
11/18/2017 11/18/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $275,000 -- $262 / 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 $28 $339,000 $142,600 $196,400
2022 $3,230 $302,500 $125,900 $176,600
2021 $2,796 $268,600 $119,600 $149,000
2020 $3,246 $266,400 $119,200 $147,200
2019 $2,834 $270,900 $117,900 $153,000
2018 $2,770 $268,000 $117,800 $150,200
2017 $2,622 $269,600 $117,700 $151,900
2016 $2,414 $270,000 $117,900 $152,100
2015 $2,734 $271,800 $117,900 $153,900
2014 $2,656 $325,300 $117,000 $208,300
2012 -- $325,300 $117,000 $208,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Eric Frost

    Coldwell Banker North Shore

    (218) 370-1362

    35 Total Sales

    Eric Frost
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Source: Lake Superior Area REALTORS®

MLS Number: 6031810

APN: 25-062-0030

Minnesota Cook County Tofte 55615

7192 W Highway 61 Unit Bluefin Bay Unit 3, Tofte, MN

Homes for Sale in Tofte, MN

This home is located at 7192 W Highway 61 Unit Bluefin Bay Unit 3, Tofte, MN 55615 since 08 October 2017 and is currently estimated at $527,357, approximately $502 per square foot. This property was built in 1984. 7192 W Highway 61 Unit Bluefin Bay Unit 3 is a home located in Cook County with nearby schools including Sawtooth Mountain Elementary School, Cook County Middle School, and Cook County Senior High School.

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