Sold for $254,500

$254,500

407 W 3rd Ave, Grand Marais, MN 55604

3beds

1,024sqft

Single Family Residence

Built in 1940

0.25 Acres Lot

$322,900 Zestimate^®

$249/sqft

$1,736 Estimated rent

Home value

$322,900

$297,000 - $349,000

$1,736/mo

Zestimate^® history

Owner options

List your home for rent

$1,736/mo

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$1,736/mo

Rent Zestimate^®

Refinance and save

$1,571/mo

Est. payment

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$1,571/mo

Est. payment

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What's special

Charming three-bedroom home on a large, level city lot. Main bedroom on the first floor, two bedrooms upstairs. Cozy year round home, North Shore getaway, or long-term rental. Great location close to everything Grand Marais has to offer! The private backyard is perfect for outdoor activities. Deck in front for morning sunshine. Shed is ideal for storage, hobbies, or work area.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Main level bedrooms: 1

Bedroom

Description: Off the living room, in the back of the home.
Level: Main
Area: 121 Square Feet
Dimensions: 11 x 11

Bedroom

Description: A bit of a Lake view from the window to the south.
Level: Second
Area: 120 Square Feet
Dimensions: 12 x 10

Bedroom

Level: Second
Area: 96 Square Feet
Dimensions: 12 x 8

Dining room

Description: Cozy area off the kitchen.
Level: Main
Area: 56 Square Feet
Dimensions: 7 x 8

Kitchen

Level: Main
Area: 64 Square Feet
Dimensions: 8 x 8

Living room

Description: Gas fireplace creates a warm atmosphere.
Level: Main
Area: 228 Square Feet
Dimensions: 19 x 12

Heating

Forced Air, Propane

Cooling

None

Features

Basement: N/A
Has fireplace: No

Interior area

Total interior livable area: 1,024 sqft
Finished area above ground: 1,024
Finished area below ground: 0

Property

Parking

Parking features: Asphalt, None

Features

Patio & porch: Patio
Has view: Yes
View description: Typical

Lot

Size: 0.25 Acres
Dimensions: 80 x 130
Features: Level

Details

Additional structures: Storage Shed
Parcel number: 801640080

Construction

Type & style

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

Materials

Wood, Frame/Wood
Roof: Asphalt Shingle

Condition

Previously Owned
Year built: 1940

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: $249/sqft
Tax assessed value: $329,100
Annual tax amount: $2,530
Date on market: 5/19/2024
Cumulative days on market: 16 days
Listing terms: Cash,Conventional
Road surface type: Paved

Price history

Date	Event	Price
7/2/2024	Sold	$254,500-3.8%$249/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113754 Report a problem
6/9/2024	Pending sale	$264,500$258/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113754 Report a problem
6/4/2024	Contingent	$264,500$258/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113754 Report a problem
6/1/2024	Listed for sale	$264,500$258/sqft
Source: Lake Superior Area Realtors as distributed by MLS GRID #6113754 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,966 +17.2%	$329,100 +2.7%
2024	$2,531 +5.6%	$320,600 +18.1%
2023	$2,397 -2.4%	$271,500 +11.4%
2022	$2,455 +4.1%	$243,800 +28.2%
2021	$2,359 -0.5%	$190,200 +2%
2020	$2,371 +17.3%	$186,500 +25%
2018	$2,021 +21.7%	$149,200 -5.2%
2017	$1,661 +116%	$157,400 +18%
2016	$769 +7.3%	$133,400 +41.3%
2015	$717 -30.2%	$94,400 -0.9%
2014	$1,027	$95,300 -25%
2012	--	$127,000 -17.5%
2010	$1,734	$154,000