NOT LISTED FOR SALE

9 Sverre Ln Lutsen, MN 55612

Estimated Value: $231,000 - $409,000

2 Beds
1 Bath
856 Sq Ft
$367/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $155,000 $181 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $1,976/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Bathroom on Main Level
  • 2 Car Detached Garage
  • Storage Room
  • 1-Story Property

About This Home

As of July 2020

Imagine pulling off Highway 61 and getting a long look at Lake Superior before turning in to your North Shore Bungalow! This cute as can be 2 bedrm 1 bath home has had a ton of recent updates from 10 new windows to new shingles, structural upgrades like removal of old Chimney, foundation work on entry...the important stuff was dealt with in 2017! Passive Solar panel installed in 2020 to keep the entryway warm! Originally built in the late 30's/early 40's, it's a solid home with tremendous warmth and welcoming feel upon entry. Classic kitchen with cabinetry of days gone by. Mud entry with laundry space off wrap around porch. Quaint and Classic design, with lots of south facing windows for nice year round sunlight! Beautiful setting with mature pines, and lilac bushes! Conveniently located off Sverre Lane in the heart of Lutsen, just a few minute's walk to Fika Coffee in Lutsen for your morning cup of joe! Two car detached garage and lean to storage, both of which needs work, including new electrical. But it's coverage for the car in the winter snow! Give this home a look and you will love what you see!

Last Agent to Sell the Property

Kim Wolff

TimberWolff Realty LLC Listed on: 05/04/2020

Last Buyer's Agent

Terry Backlund

Backlund Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $482

Year Built

  • Built in 1936

Lot Details

  • 0.41 Acre Lot

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 856 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room
  • Storage Room
  • Laundry Room
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 27-126-1350

Home Details

Home Type

Single Family

Est. Annual Taxes

$482

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Hwy 61 approx 1/2 mile east of downtown Lutsen, see Sverre Lane on lakeside of highway, first drive on Rt.
  • L O1 Office Phone1 Number: 218-663-8777
  • List Price/ Sq Ft: 181.07
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Twp Number: 60
  • Lot Description Waterfront: No
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 856
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 2
  • Year Built: 1936
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 600
  • Basement Style: Partial
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Family Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Laundry Room
  • Stories: 1 Story
  • Room 6: Entry
  • Room 7: Bathroom
  • Room 8: Storage Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 856
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-05-04
  • Estimated Lot Dimensions: irreg
  • Estimated Number of Acres: 0.41
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 27-126-1350

Tax Info

  • Tax Amount: 482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 1, 2020
Sold by
Parker Diane Diane
Bought by
Tofte Eric Eric
Seller's Agent
Kim Wolff
TimberWolff Realty LLC
Buyer's Agent
Terry Backlund
Backlund Realty LLC
List Price
$155,000
Sold Price
$155,000
Current Estimated Value
$347,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,232
Avg. Annual Appreciation
17.22%
Original Mortgage
$153,000
Outstanding Balance
$136,647
Interest Rate
3.13%
Estimated Equity
$212,949
Source: Public Records

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
Tofte Eric Eric $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tofte Eric Eric $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2020 07/01/20 Sold $155,000 0.0% $181 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $155,000 -- $181 / 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
2024 $882 $204,150 $39,055 $165,095
2023 $10 $192,641 $36,263 $156,378
2022 $662 $163,756 $32,059 $131,697
2021 $614 $105,332 $8,375 $96,957
2020 $482 $99,228 $38,518 $60,710
2019 $544 $82,769 $24,357 $58,412
2018 $484 $112,000 $32,400 $79,600
2017 $632 $86,039 $24,648 $61,391
2016 $454 $109,700 $15,200 $94,500
2015 $424 $109,700 $15,200 $94,500
2014 $388 $109,700 $15,200 $94,500
2012 -- $110,700 $16,000 $94,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089723

APN: 27-126-1350