NOT LISTED FOR SALE

878 Old North Shore Rd Two Harbors, MN 55616

Estimated Value: $615,000 - $932,000

4 Beds
4.5 Baths
4,726 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $750,000 $159 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,833/month

5 Days on Market

Highlights

  • Second Kitchen
  • 2.53 Acre Lot
  • Vaulted Ceiling
  • Heated Floors
  • Deck
  • 3 Fireplaces

About This Home

As of December 2021

A fairytale property & it can be yours! You have an income opportunity with an AIRBNB/short term rental to help pay the mortgage & live in your own private fantastic space at the same time. This gorgeous contemporary yet north woods style home sits on 2.53 acres of privacy with sweeping views of Lake Superior. The spacious entryway greets you as you enter. Step into the expansive kitchen with granite countertops, hickory cabinets, Electrolux professional series refrigerator and commercial freezer, Frigidaire professional series double oven, gas cooktop, an extra prep sink and a full pantry. Dine along the high-top breakfast bar or in the open dining area. The vaulted ceiling living room with floor to ceiling windows showcases the private backyard and view of the lake. Snuggle up to the gas fireplace and stay warm all winter long! Steps from the living/dining area is a covered porch and open deck with maintenance free decking and rails for no fuss outdoor fun. Upstairs has a large master bedroom with a walk-in closet, gorgeous en suite bath with heated tile floors and a walk-in tile shower. The lower level is great for entertainment featuring a family room with a wet bar, a gas fireplace, plenty of windows for natural light and walks out to the backyard. There are also two more bedrooms, a full bath, & a huge amount of storage space! This home tour is only half way over! The other direction from the entryway on the main floor features a bonus room currently used as an office, an additional bonus room currently used as a workout room, and then walk up to the fully furnished 1 bedroom apartment above the attached garage! This space is licensed for short term rental & generates a great amount of income as an AIRBNB rental. You’re located 45 min or less to Gooseberry Falls, Split Rock Lighthouse, Tettegouche State Park, Grand Marais, Lutsen Resort, & the Superior Hiking Trail. This home is a dream come true!

Last Agent to Sell the Property

Alicia Lokke

Messina & Associates Real Estate Listed on: 11/08/2021

Last Buyer's Agent

Lavonne Christensen

Odyssey Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,153

Year Built

  • Built in 2009

Lot Details

  • 2.53 Acre Lot
  • Lot Dimensions are 214x427x281x623
  • Unpaved Streets
  • Landscaped with Trees

Home Design

  • Poured Concrete
  • Wood Frame Construction
  • Insulated Concrete Forms
  • Asphalt Shingled Roof
  • Concrete Fiber Board Siding
  • Stone Exterior Construction
  • Cement Board or Planked

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Living Room
  • Combination Kitchen and Dining Room
  • Home Security System

Kitchen

  • Second Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating System
  • Dual Heating Fuel
  • Heating System Uses Propane
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 25-5211-10214

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,153

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Take Highway 61 to Scenic Highway. Go about one mild to Old North Shore Road, then turn left onto Old North Shore Road, go one block, to find the home on the right about 1/4 mile down the road.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 158.7
  • Remodeled Addition: No
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Air Conditioner: Ductless Mini Split
  • Reso Association Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Security System, Skylight, Tiled Floors, Vaulted Ceilings, Foyer Entry, Main Floor Laundry, 2nd Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Patio, Porch
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood, Insulating Concrete Forms
  • FinFootageAboveGrade: 3899
  • Below Grade Finished Sq Ft: 827
  • Garage Type: Attached
  • Heat: Baseboard, Dual Fuel/Off Peak, Fireplace, Forced Air, In Floor, Propane, Electric
  • Fireplaces: 3
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bedroom
  • Room 11: Bedroom
  • Room 12: Bathroom
  • Bedroom 3: Living Room
  • TotalBedrooms: 4
  • Year Built: 2009
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • RoomLevel6: Second Floor
  • RoomLevel7: Third Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Lower
  • Property Style: Multi-level
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 3
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Wall Oven, Washer
  • Basement Features: Egress Windows, Walkout, Bath, Bedrooms, Fireplace
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Master, Full Basement, 1/2 Main Floor, 3/4 Main Floor, Full Upper
  • Formal Dining: Breakfast Bar, Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Foyer
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Master Bedroom
  • Stories: 2 Story
  • Room 6: 2nd Kitchen
  • Room 7: Bedroom
  • Room 8: Living Room
  • Room 9: Living Room
  • Total Bathrooms: 5
  • Total Fin Square Footage: 4726
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: Unpaved
  • Construction Status: Previously Owned
  • Exterior: Cement Board, Fiber Board, Stone
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 3

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2021-11-08
  • Estimated Lot Dimensions: 214x427x281x623
  • Estimated Number of Acres: 2.53
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 25-5211-10214

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 5152.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Dec 28, 2021
Sold by
Viken Justin and Viken Jenni
Bought by
Grey Duck Resorts Llc
Seller's Agent
Alicia Lokke
Messina & Associates Real Estate
Buyer's Agent
Lavonne Christensen
Odyssey Real Estate Group
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$800,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,116
Avg. Annual Appreciation
2.56%
Original Mortgage
$553,470
Outstanding Balance
$514,493
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$308,523

Purchase Details

Listed on
Mar 5, 2018
Closed on
Oct 18, 2018
Sold by
Stumbris Gundars and Stumbris Theresa
Bought by
Viken Justin A and Viken Jenni L
Seller's Agent
Nicki Conrad
Messina & Associates Real Estate
Buyer's Agent
Christine Mattila
CENTURY 21 Atwood
List Price
$560,000
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%
Original Mortgage
$448,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Listed on
May 9, 2012
Closed on
Apr 26, 2013
Sold by
Jabs Jacquelyn S Mason and Jabs Dennis C
Bought by
Stumbris Gundars and Stumbris Theresa
Seller's Agent
Jackie Jabs
CENTURY 21 Gilderman
Buyer's Agent
Nicki Conrad
Real Living Messina & Associates
List Price
$589,900
Sold Price
$475,000
Premium/Discount to List
-$114,900
-19.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Source: Public Records

Range of Values:

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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
Grey Duck Resorts Llc $750,000 --
Viken Justin A $260,000 --
Stumbris Gundars $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grey Duck Resorts Llc $553,470
Previous Owner Viken Justin A $490,000
Previous Owner Viken Justin A $448,000
Previous Owner Stumbris Gundars E $87,000
Previous Owner Jabs Dennis C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $750,000 0.0% $159 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $750,000 +33.9% $159 / Sq Ft
10/18/2018 10/18/18 Sold $560,000 0.0% $137 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $560,000 +17.9% $137 / Sq Ft
04/26/2013 04/26/13 Sold $475,000 -19.5% $117 / Sq Ft
02/20/2013 02/20/13 Pending -- -- --
05/09/2012 05/09/12 For Sale $589,900 -- $145 / 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
2025 $5,674 $776,000 $72,600 $703,400
2024 $4,175 $754,700 $66,900 $687,800
2023 $2,984 $815,800 $66,900 $748,900
2022 $4,481 $665,600 $60,500 $605,100
2021 $5,153 $540,400 $57,500 $482,900
2020 $3,952 $439,600 $40,800 $398,800
2019 $3,920 $439,600 $40,800 $398,800
2018 $3,597 $454,000 $51,400 $402,600
2017 $3,329 $412,500 $49,300 $363,200
2016 $3,526 $397,100 $48,300 $348,800
2015 $3,768 $420,400 $40,800 $379,600
2014 $3,768 $0 $0 $0
2013 $3,070 $0 $0 $0
2012 $3,068 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6100533

APN: 25-5211-10214