NOT LISTED FOR SALE

9 Forest Ln Lutsen, MN 55612

Estimated Value: $272,000 - $484,509

2 Beds
2 Baths
1,453 Sq Ft
$275/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $463,200 $319 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $2,329/month

99 Days on Market

Highlights

  • Wood Burning Stove
  • Breakfast Area or Nook
  • Living Room
  • No HOA
  • Porch
  • Laundry Room

About This Home

As of June 2023

Minutes from Lutsen in the Superior National Forest sits this wooded parcel with lakes and streams nearby. Enjoy the endless recreation opportunities and solitude the North Shore has to offer. Easy ride to Lutsen, Grand Marais, local restaurants and shops. This well cared for small footprint home offers elevated views of the surrounding maple forest during the day and amazing dark skies at night. Main bedroom and bath on the main floor offers one level living. As a bonus the lower level walk-out is finished with bedroom, bath and a family room. Enjoy reading/puzzling near the warmth of a wood fireplace in winter and enjoy the glassed in 3-season porch, minus the mosquitoes, in the warmer months. Additional heated cabin to bunk in additional friends/family. Low maintenance yard includes fire pit for toasting marshmallows and counting shooting stars. Stroll the woodsy trails thru the parcel. Cabin makes a perfect jump off spot to explore and enjoy your favorite spots on the North Shore.

Last Agent to Sell the Property

NAN PLUDE BRADLEY

COLDWELL BANKER NORTHWOODS Listed on: 03/17/2023

COLDWELL BANKER NORTHWOODS

Last Buyer's Agent

NON-RMLS NON-RMLS

Non-MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $984

Year Built

  • Built in 2003

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 295 x 565

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Wood Burning Stove
  • Free Standing Fireplace
  • Family Room
  • Living Room
  • Walk-Out Basement

Kitchen

  • Breakfast Area or Nook
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • Propane
  • Private Water Source

Community Details

  • No Home Owners Association
  • Association fees include snow removal
  • Christine Lake Sites Subdivision

Listing and Financial Details

  • Assessor Parcel Number 272602060

Home Details

Home Type

Single Family

Est. Annual Taxes

$984

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: None
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Private
  • Fee Frequency: N/A
  • Year Built: 2003
  • Above Grade Finished Sq Ft: 784
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Fiber Optic
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace Features: Free Standing, Wood Burning Stove
  • Living Area: 1453
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 669
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Three Season Porch, Bedroom 2, Family Room, Laundry, Primary Bathroom
  • SqFtTotal: 1568.00

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Metal
  • Other Structures: Guest House
  • ConstructionMaterialsDesc: Frame
  • PatioPorchType: Glass Enclosed

Garage/Parking

  • Parking Features: Gravel

Utilities

  • Heating: Baseboard
  • Sewer: Private Sewer
  • Fuel: Propane
  • Power Company: Arrowhead Electric

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal
  • Association: No

Schools

  • Junior High Dist: Cook County
  • SchoolDistrictPhone: 218-387-2271

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 295 x 565
  • Lot Size Sq Ft: 174240
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • ResoLotSizeUnits: Acres
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Wood Siding

Tax Info

  • Tax Year: 2023
  • Assessor Parcel Number: 272602060
  • Tax Annual Amount: 984
  • TaxWithAssessments: 984.0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 15, 2023
Sold by
Roberts John and Roberts Mary Jo
Bought by
Wallace Paul and Lokensgard Carolyn
Seller's Agent
NAN PLUDE BRADLEY
COLDWELL BANKER NORTHWOODS
Buyer's Agent
NON-RMLS NON-RMLS
Non-MLS
List Price
$525,000
Sold Price
$463,200
Premium/Discount to List
-$61,800
-11.77%
Views
164
Current Estimated Value
$399,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,697
Avg. Annual Appreciation
-5.70%
Original Mortgage
$370,560
Outstanding Balance
$360,651
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$38,852

Purchase Details

Listed on
Nov 22, 2016
Closed on
Dec 30, 2016
Sold by
Garrity Linda Linda
Bought by
Roberts John and Roberts Mary
Seller's Agent
NAN PLUDE BRADLEY
Coldwell Banker Northwoods Realty
Buyer's Agent
NAN PLUDE BRADLEY
Coldwell Banker Northwoods Realty
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$160,000
Interest Rate
3.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Paul $463,200 --
Roberts John $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Paul $370,560
Previous Owner Roberts John $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $463,200 -7.3% $319 / Sq Ft
05/15/2023 05/15/23 Price Changed $499,500 -4.9% $344 / Sq Ft
03/16/2023 03/16/23 For Sale $525,000 +123.4% $361 / Sq Ft
12/30/2016 12/30/16 Sold $235,000 0.0% $150 / Sq Ft View Prior Sale
11/22/2016 11/22/16 Pending -- -- --
11/22/2016 11/22/16 For Sale $235,000 -- $150 / Sq Ft
Source: NorthstarMLS

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
2024 $2,826 $416,700 $54,200 $362,500
2023 $12 $237,549 $45,983 $191,566
2022 $984 $209,427 $45,161 $164,266
2021 $1,160 $142,065 $64,685 $77,380
2020 $1,548 $161,467 $83,701 $77,766
2019 $1,626 $172,000 $84,000 $88,000
2018 $1,496 $172,900 $84,000 $88,900
2017 $1,018 $173,800 $83,900 $89,900
2016 $772 $157,800 $48,300 $109,500
2015 $724 $157,800 $48,300 $109,500
2014 $708 $157,800 $48,300 $109,500
2012 -- $135,700 $23,200 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6343617

NorthstarMLS

APN: 27-260-2060