NOT LISTED FOR SALE

7192 W Highway 61 Unit Bluefin Bay Unit 38 Tofte, MN 55615

Estimated Value: $466,571 - $538,000

2 Beds
2 Baths
960 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $293,000 $305 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,538/month

43 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • Vaulted Ceiling
  • Sauna
  • Panoramic View
  • Main Floor Primary Bedroom
  • Tennis Courts

About This Home

As of June 2019

Unit 38 at Bluefin Bay has a spectacular location. It has a bumped-out deck that perches it closer to the water closer than most of its neighbors, giving a sense of privacy and added light. Unit 38 has recently remodeled its bathrooms, updated kitchen appliances, replaced its fireplace and installed air-conditioning. Two-Bedroom Style C condos at Bluefin continue to increase their rental revenues year over year, making it a sound investment for years to come. And with all of the recent upgrades completed, new owners will not have to invest significant future capital expenses. Call today to schedule a private showing and realize your dream of owning a piece of the North Shore while having guests help you pay for it.

Last Listed By

Eric Frost

Coldwell Banker North Shore Listed on: 04/30/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,646

Year Built

  • Built in 1988

Lot Details

  • 8,712 Sq Ft Lot
  • 1,000 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

HOA Fees

  • $751 Monthly HOA Fees

Property Views

  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Woodwork
  • Paneling
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Triple Pane Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • No Garage
  • Shared Driveway

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Shared Waterfront
  • Balcony

Utilities

  • Heating Available
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25-062-0380

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

Amenities

  • Sauna

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,646

Year Built

Built in 1988

Lot Details

0

HOA Fees

$751 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Bluefin Bay is located on Highway 61 in Tofte. Unit 38 is located across from the tennis courts on the upper level. Please go to Guest Services for electronic keys and further instructions.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 305.21
  • Road Maintenance: Association
  • Property Sub-Type: Condo/Townhouse
  • Tax Year: 2019
  • Twp Number: 59
  • View Type:Pond View: Lake Superior, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Ceiling Fans, Natural Woodwork, Skylight, Tiled Floors, Vaulted Ceilings, Wet Bar, Cable TV, Beamed Ceilings, Panelled Walls
  • Amenities Exterior: Balcony
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Garage Type: None
  • Heat: Electric
  • Fireplaces: 1
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Shake
  • TotalBedrooms: 2
  • Year Built: 1988
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator
  • Basement Material: Poured Concrete
  • Basement Style: None
  • Bathroom 1 Level: Full
  • Bathroom Description: Full Master
  • Formal Dining: Combine with Living Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 960

Exterior Features

  • Road Frontage: Private
  • Waterfront Access: Shared
  • Water Frontage In Feet: 1000
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Pool: In-Ground, Heated, Indoor, Outdoor, Shared
  • Window Features:Insulated Windows: Energy Windows, Triple Glazed

Garage/Parking

  • Parking Driveway: Driveway - Shared, Driveway - Asphalt

Utilities

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

Condo/Co-op/Association

  • Shared: Sauna, Tennis Courts
  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 750.69

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: 2019-04-30
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.2
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 25-062-0380
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 2646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 26, 2019
Sold by
Mercil Keith S and Mercil Renee J
Bought by
Erickson Faye
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$293,000
Sold Price
$293,000
Total Days on Market
43
Current Estimated Value
$502,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,393
Avg. Annual Appreciation
9.94%

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
Erickson Faye $293,000 North Shore Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $293,000 0.0% $305 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $293,000 -- $305 / 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 $336,400 $140,500 $195,900
2022 $3,192 $300,400 $124,100 $176,300
2021 $5,742 $265,400 $118,300 $147,100
2020 $3,188 $262,100 $118,000 $144,100
2019 $2,646 $266,100 $116,800 $149,300
2018 $2,586 $250,700 $116,700 $134,000
2017 $2,446 $252,200 $116,700 $135,500
2016 $2,236 $252,400 $116,800 $135,600
2015 $2,072 $252,500 $116,800 $135,700
2014 $2,528 $249,200 $117,000 $132,200
2012 -- $310,100 $117,000 $193,100
Source: Public Records

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Source: Lake Superior Area REALTORS®

MLS Number: 6082354

APN: 25-062-0380