NOT LISTED FOR SALE

7274 Tofte Park Rd Tofte, MN 55615

Estimated Value: $926,000 - $971,539

2 Beds
2 Baths
1,950 Sq Ft
$484/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $690,000 $354 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,262/month

139 Days on Market

Highlights

  • Private Waterfront
  • Lake View
  • Deck
  • Beach Access
  • Heated Floors
  • Vaulted Ceiling

About This Home

As of September 2020

Beautifully, well-maintained home with unparalleled views of Lake Superior that take your breath away. A nice mix of Boreal Forest surrounds the home for a very serene and a quiet locale filled with wildlife. Light pours into the home, accenting the Scandinavian looking aspen panelling throughout the home with vaulted ceilings. A stunning accent is the Vermont Casting Wood Stove that was recently installed a year ago. The kitchen has an open feel of the vaulted ceilings with large floor to ceiling windows bringing the glorious outdoor foliage and woods into your dining experience. It's wet bar extension is ideal for the chef in the family to have the extra area for cooking and counter space, along with having a JennAir stove top with convenient conversion to a grill top. Magnificent location with accessible ledge rock by the Big Lake that would be perfect to have a campfire as you watch the Tofte fire works in the summer months. Dining in the gazebo whether for breakfast or dinner is a surreal experience of being surrounded by nature with the sapphire blue of Lake Superior as its backdrop. There are many perks to this property along with it being professionally landscaped, with well established wild flowers, with five varieties 8+ foot tall azaleas that bring an amazing aura of wellbeing when strolling the property from spring to fall that is self-maintained ...no need for owning a lawn mower for this yard. A Must See!

Last Listed By

Inger Andress

Edina Realty, Inc. - Lutsen Listed on: 03/10/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,354

Year Built

  • Built in 1981

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100x640
  • Private Waterfront
  • 228 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Woodwork
  • Paneling
  • Vaulted Ceiling
  • Wood Frame Window
  • Entryway
  • Living Room
  • Den
  • Lake Views

Kitchen

  • Indoor Grill
  • Cooktop
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Deck
  • Gazebo
  • Storage Shed

Utilities

  • No Cooling
  • Baseboard Heating
  • Drilled Well
  • Mound Septic
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 25-028-1250

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,354

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take Hwy 61 to Tofte Park Rd to 7274 driveway.
  • InternetOptions: Fiber Optic
  • L O1 Office Phone1 Number: 218-663-7971
  • List Price/ Sq Ft: 353.85
  • Remodeled Addition: Yes
  • ShorelineCharacteristics: Rocky, Shore-Accessible
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 59
  • View Type:Pond View: Lake Superior
  • Lot Description Waterfront: Yes
  • Air Conditioner: None
  • Reso Association Amenities: Natural Woodwork, Tiled Floors, Vaulted Ceilings, Wet Bar, Panelled Walls, Patio Door, Main Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Concrete Block
  • FinFootageAboveGrade: 1950
  • Garage Type: Detached
  • Heat: Baseboard, In Floor, Electric
  • MainFloorBath: Yes
  • RdBtwnWtrfrntAndHome: No
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Bedroom 3: Other
  • TotalBedrooms: 2
  • Year Built: 1981
  • Level 1 Bedroom: Main
  • RoomLevel10: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Main
  • RoomLevel9: Main
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Freezer, Indoor Grill, Range/Stove, Refrigerator, Washer
  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Other
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Den/Office
  • Room 8: Entry
  • Room 9: Bathroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 1950
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Gazebo, Storage Shed
  • Road Frontage: County, Paved
  • Waterfront Access: Private
  • Water Frontage In Feet: 228
  • Waterfront Name: Lake Superior
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 24' x 24'

Utilities

  • Power Company: Arrowhead Electric
  • Sewer: Mound
  • Water: Drilled

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-03-10
  • Estimated Lot Dimensions: 100x640
  • Estimated Number of Acres: 1
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Accessible Shoreline, Tree Coverage - Medium, Rolling
  • Parcel Number: 25-028-1250
  • Waterfront Type: Lake Superior

Tax Info

  • Tax Amount: 5354

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Sep 15, 2020
Sold by
Weeks Terry Terry
Bought by
Schleicher Deidra Deidra
Seller's Agent
Inger Andress
Edina Realty, Inc. - Lutsen
Buyer's Agent
Inger Andress
Edina Realty, Inc. - Lutsen
List Price
$690,000
Sold Price
$690,000
Total Days on Market
139
Current Estimated Value
$943,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,513
Avg. Annual Appreciation
3.78%
Original Mortgage
$680,000
Outstanding Balance
$619,299
Interest Rate
2.86%
Estimated Equity
$199,814

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schleicher Deidra Deidra $690,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schleicher Deidra Deidra $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $690,000 0.0% $354 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $690,000 -- $354 / 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 $68 $849,300 $464,000 $385,300
2022 $6,356 $785,800 $425,500 $360,300
2021 $5,486 $587,700 $265,200 $322,500
2020 $5,340 $555,900 $241,300 $314,600
2019 $5,354 $561,700 $262,100 $299,600
2018 $5,116 $537,500 $262,100 $275,400
2017 $5,000 $537,500 $262,000 $275,500
2016 $4,182 $550,900 $272,300 $278,600
2015 $3,212 $553,900 $272,300 $281,600
2014 $3,126 $477,700 $179,000 $298,700
2012 -- $500,200 $201,500 $298,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Home in Tofte, MN

  • 63 Rollins Ridge, Tofte, MN 55615

    $995,000

    • 2 Beds
    • 2 Baths
    • 1,012 Sq Ft
    • 63 Rollins Ridge
    • Tofte, MN

    Welcome to Nord Hytte, a remarkable place to tuck yourselves way and savor your own private 5.2 acre sanctuary. A big bonus is that it borders public lands to the west, offering even more privacy and more of the Superior National Forest to enjoy. This very unique property offers seasonal lake views and is surrounded by a lovely boreal forest, providing tranquility, natural beauty and sounds of

    Linda Garrity Songbird Realty MN

    Section Image

Source: Lake Superior Area REALTORS®

MLS Number: 6088709

APN: 25-028-1250