Sold for $440,000

$440,000

1097 South Shore Dr, Grand Marais, MN 55604

1beds

530sqft

Single Family Residence

Built in 2022

9.89 Acres Lot

$456,000 Zestimate^®

$830/sqft

$1,664 Estimated rent

Home value

$456,000

$424,000 - $492,000

$1,664/mo

Zestimate^® history

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$1,664/mo

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$2,682/mo

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$2,682/mo

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What's special

Wow is all I can say about this lakeside sanctuary! This beautiful, secluded property features 9.89 acres of land and 255' of level and park-like shoreline on Devil Track Lake, only 20 mins from Grand Marais. Peaceful location tucked away among the trees, enjoy solitude and privacy with a bonfire by the lake. The property features a newly- constructed 1 bedroom, 1 bathroom cabin with a newly installed septic and well! Did I mention it has A/C to keep you comfortable while you sleep on those hot summer nights! Turn-key and fully furnished, ready for your enjoyment. Power & broadband connected! Spend your summer working from the lake!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 1

Bedroom

Description: Bedroom off the living room with nice big windows and a closet. A walkthrough to the bathroom.
Level: Main
Area: 320 Square Feet
Dimensions: 16 x 20

Bathroom

Description: 3/4 Bathroom also has a brand new stackable washer and dryer.
Level: Main
Area: 77 Square Feet
Dimensions: 7 x 11

Kitchen

Description: Open to the living room, all new appliances, including gas cooktop.

Living room

Description: Nice open concept living room, a sleeper sofa, nice big windows let in all that natural light with views of the lake.
Level: Main
Area: 320 Square Feet
Dimensions: 16 x 20

Other

Description: Large 3 season porch!! Needs to be finished with windows and doors but is very close.
Level: Main

Heating

Wall Unit(s), Propane

Cooling

Ductless

Features

Windows: Energy Windows, Vinyl Windows
Has basement: No
Has fireplace: No

Interior area

Total interior livable area: 530 sqft
Finished area above ground: 530
Finished area below ground: 0

Property

Parking

Parking features: Gravel, None

Features

On waterfront: Yes
Waterfront features: Inland Lake, Waterfront Access(Private), Shoreline Characteristics(Rocky, Elevation-Low, Shore-Other)
Body of water: Devil Track
Frontage length: 255

Lot

Size: 9.89 Acres
Dimensions: 1600' x 275'

Details

Foundation area: 672
Parcel number: 522283350

Construction

Type & style

Home type: SingleFamily
Architectural style: Other
Property subtype: Single Family Residence

Materials

Asphalt, Frame/Wood
Foundation: Other
Roof: Asphalt Shingle

Condition

Completed
Year built: 2022

Utilities & green energy

Electric: Arrowhead Electric
Sewer: Mound Septic, Private Sewer
Water: Drilled, Private
Utilities for property: Fiber Optic

Community & HOA

HOA

Has HOA: No

Location

Region: Grand Marais

Financial & listing details

Price per square foot: $830/sqft
Tax assessed value: $375,100
Annual tax amount: $1,536
Date on market: 5/31/2024
Cumulative days on market: 85 days
Road surface type: Unimproved

Price history

Date	Event	Price
9/9/2024	Sold	$440,000-10%$830/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113979 Report a problem
8/25/2024	Contingent	$489,000$923/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113979 Report a problem
7/21/2024	Price change	$489,000-2%$923/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113979 Report a problem
5/31/2024	Listed for sale	$499,000+2.9%$942/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113979 Report a problem
6/21/2023	Sold	$485,000$915/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108306 Report a problem
6/1/2023	Pending sale	$485,000$915/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108306 Report a problem
5/31/2023	Listed for sale	$485,000+79.6%$915/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6108306 Report a problem
11/9/2021	Listing removed	--
Source: Lake Superior Area Realtors as distributed by MLS GRID #6100267 Report a problem
10/19/2021	Pending sale	$270,000+8%$509/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6100267 Report a problem
9/16/2021	Listing removed	--
Source: Lake Superior Area Realtors as distributed by MLS GRID #6096673 Report a problem
5/12/2021	Listed for sale	$250,000$472/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6096673 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,282 +48.6%	$375,100 +14%
2024	$1,536 +4.1%	$329,100 +45.3%
2023	$1,476 +3.7%	$226,500 +10.1%
2022	$1,424 +3.5%	$205,700 +32%
2021	$1,376 +1.5%	$155,800 +3.1%
2020	$1,356 -2.3%	$151,100 +2.8%
2018	$1,388 -3.1%	$147,000 -0.1%
2017	$1,432 +59.1%	$147,100 -14.8%
2016	$900 +7.9%	$172,700 +12.9%
2015	$834	$153,000