Sold for $380,000

$380,000

120 W 2nd St, Grand Marais, MN 55604

10beds

4,192sqft

Single Family Residence

Built in 1965

0.3 Acres Lot

$386,300 Zestimate^®

$91/sqft

$4,578 Estimated rent

Home value

$386,300

Estimated sales range

Not available

$4,578/mo

Zestimate^® history

Owner options

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$4,578/mo

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$4,578/mo

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$2,267/mo

Est. payment

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$2,267/mo

Est. payment

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What's special

Imagine the possibilities! This house plus business space could become a hostel or bed and breakfast. Or, live in the house and run your business out of the NE side. Currently it's used as a boarding house. The central location in the Mixed Use zone can't be beat! Bring your ideas!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
3/4 bathrooms: 6
Main level bedrooms: 1

Bedroom

Description: This is room 3. It includes 63 square feet of closet.
Level: Upper
Area: 156 Square Feet
Dimensions: 12 x 13

Great room

Description: Living and Dining combined. This room has the fireplace.
Level: Main
Area: 487.5 Square Feet
Dimensions: 15 x 32.5

Kitchen

Level: Main
Area: 180 Square Feet
Dimensions: 12 x 15

Laundry

Description: Coin-op laundry machines.
Level: Lower
Area: 64 Square Feet
Dimensions: 8 x 8

Heating

Boiler, Radiant

Features

Basement: Full,Egress Windows,Bath,Bedrooms,Utility Room,Washer Hook-Ups,Dryer Hook-Ups
Number of fireplaces: 1
Fireplace features: Decorative

Interior area

Total interior livable area: 4,192 sqft
Finished area above ground: 2,992
Finished area below ground: 1,200

Property

Parking

Parking features: None

Lot

Size: 0.3 Acres
Dimensions: 132 x 98

Details

Parcel number: 802170240

Construction

Type & style

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

Materials

Wood, Frame/Wood
Foundation: Concrete Perimeter

Condition

Year built: 1965

Utilities & green energy

Electric: Grand Marais PUC
Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Grand Marais

Financial & listing details

Price per square foot: $91/sqft
Tax assessed value: $347,000
Annual tax amount: $3,174
Date on market: 1/18/2025
Cumulative days on market: 151 days

Price history

Date	Event	Price
10/31/2025	Sold	$380,000-10.6%$91/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117545 Report a problem
8/15/2025	Pending sale	$425,000$101/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117545 Report a problem
6/17/2025	Contingent	$425,000$101/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117545 Report a problem
3/5/2025	Price change	$425,000-14.1%$101/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117545 Report a problem
1/18/2025	Listed for sale	$495,000+182.9%$118/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6117545 Report a problem
4/30/2019	Sold	$175,000-12.1%$42/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6028436 Report a problem
4/6/2019	Pending sale	$199,000$47/sqft
Source: CENTURY 21 Atwood & Gilderman Grand Marais #6028436 Report a problem
11/28/2018	Price change	$199,000-7%$47/sqft
Source: CENTURY 21 Gilderman Grand Marais #6028436 Report a problem
10/15/2018	Listed for sale	$214,000$51/sqft
Source: CENTURY 21 Gilderman & Associates, Inc. #6028436 Report a problem
9/21/2018	Pending sale	$214,000$51/sqft
Source: CENTURY 21 Gilderman Grand Marais #6028436 Report a problem
7/29/2018	Price change	$214,000-10.8%$51/sqft
Source: CENTURY 21 Gilderman & Associates, Inc. #6028436 Report a problem
6/1/2018	Listed for sale	$239,900$57/sqft
Source: CENTURY 21 Gilderman & Associates, Inc. #6028436 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,174 +11.3%	$347,000 +1.1%
2024	$2,852 +3.9%	$343,100 +12.1%
2023	$2,744 -6%	$306,000 +9.6%
2022	$2,918 +0.8%	$279,100 +23.5%
2021	$2,894 -2.2%	$226,000 -1.2%
2020	$2,960 -37.1%	$228,800 -16.2%
2018	$4,706 +1.6%	$273,000 -5.7%
2017	$4,634 +17.6%	$289,400 +16.3%
2016	$3,942 +4.3%	$248,900 +9.9%
2015	$3,778 -12.8%	$226,400 -1.1%
2014	$4,332	$229,000 -10.5%
2012	--	$255,800 -5.4%
2010	$4,248	$270,300