NOT LISTED FOR SALE

7192 W Highway 61 Unit Bluefin Bay Unit 39 Tofte, MN 55615

Estimated Value: $470,981 - $538,000

2 Beds
4 Baths
960 Sq Ft
$533/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $330,000 $344 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,631/month

8 Days on Market

Highlights

  • 2,000 Feet of Waterfront
  • Beamed Ceilings
  • Shared Waterfront
  • Panoramic View
  • Bathroom on Main Level
  • Wood Siding

About This Home

As of November 2020

Unit 39 at Bluefin Bay is spectacular in every way. This upper-level, south facing unit affords commanding 180-degree views of Lake Superior. Unit 39 is located near the tennis courts and indoor pool within Bluefin Bay. The interior touches to the unit are very tasteful, with high quality craftsmanship and an understated elegance. The unit can be locked-out into two separate units offering flexibility in rental and owner use. This style of unit at Bluefin is extremely popular with guests, grossing over $70,000 in annual rental income. Listing price includes all furnishings. Two Jacuzzis, wood burning fireplace, and access to all of the resort's amenities make this a solid investment property with the ability to enjoy with family and friends for years to come.

Last Listed By

Eric Frost

Coldwell Banker North Shore Listed on: 09/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,188

Year Built

  • Built in 1988

Lot Details

  • 871 Sq Ft Lot
  • 2,000 Feet of Waterfront
  • Lake Front

HOA Fees

  • $781 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Wood Frame Construction
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Panoramic Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Additional Features

  • Shared Waterfront
  • Heating Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 25-062-0390

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,188

Year Built

Built in 1988

Lot Details

0

HOA Fees

$781 per month

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Unit 39 is located at Bluefin Bay on Highway 61 in Tofte, MN. Unit 39 is an upper level unit near the tennis courts.
  • L O1 Office Phone1 Number: 218-387-2131
  • List Price/ Sq Ft: 343.75
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • View Type:Pond View: Panoramic
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Beamed Ceilings
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 960
  • Garage Type: None
  • Heat: Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • New Development: No
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Shake
  • TotalBedrooms: 2
  • Year Built: 1988
  • Property Style: Condo/Townhouse
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor, Full Upper
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: No
  • Stories: 2 Story
  • Total Bathrooms: 2
  • Total Fin Square Footage: 960

Exterior Features

  • Waterfront Access: Shared
  • Water Frontage In Feet: 2000
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Pool: Indoor, Outdoor, Shared

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Association Fee Frequency: Monthly

Association/Amenities

  • FeesAssociationFeeAmount: 780.71

Fee Information

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-09-15
  • Estimated Lot Dimensions: Irregular
  • Estimated Number of Acres: 0.02
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 25-062-0390
  • Waterfront Type: Lake Superior

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 3188

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Nov 18, 2020
Sold by
Witchger Thomas Thomas
Bought by
Ganzer Peter Peter
Seller's Agent
Eric Frost
Coldwell Banker North Shore
Buyer's Agent
Eric Frost
Coldwell Banker North Shore
List Price
$330,000
Sold Price
$330,000
Total Days on Market
8
Current Estimated Value
$511,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,245
Avg. Annual Appreciation
10.34%
Original Mortgage
$280,000
Outstanding Balance
$256,033
Interest Rate
2.84%
Estimated Equity
$255,286

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
Ganzer Peter Peter $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganzer Peter Peter $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $330,000 0.0% $344 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $330,000 -- $344 / 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 $2,752 $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

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    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: 6093055

APN: 25-062-0390

Minnesota Cook County Tofte 55615

7192 W Highway 61 Unit Bluefin Bay Unit 39, Tofte, MN

Homes for Sale in Tofte, MN

This home is located at 7192 W Highway 61 Unit Bluefin Bay Unit 39, Tofte, MN 55615 since 15 September 2020 and is currently estimated at $511,245, approximately $532 per square foot. This property was built in 1988. 7192 W Highway 61 Unit Bluefin Bay Unit 39 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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