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Sold for $865,000
  • $865,000

    7134 W Highway 61 #55, Tofte, MN 55615

    3beds
    2,260sqft
    Condominium
    Built in 1994
    -- sqft lot
    $888,000 Zestimate®
    $383/sqft
    $2,731 Estimated rent

    Home value

    $888,000

    Estimated sales range

    Not available

    $2,731/mo

    Zestimate® history
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    What's special

    Iconic outdoor poolTasteful furnishingsCustom bathroomsNew stainless steel appliancesGranite countertops
    Unit 55 at Bluefin Bay is one of the most frequently requested units on the Cove Side of Bluefin Bay. The proximity to Lake Superior as well as the iconic outdoor pool, make Unit 55 the ideal place for entertaining family and friends. Generating over $180,000 in annual rental income, this unit is immaculately well-kept and being sold fully furnished. Granite countertops throughout the unit, new stainless steel appliances, custom bathrooms and tasteful furnishings make this unit really stand out. Unit 55 can be locked-out into three separate units, which make it extremely flexible for rental income or personal use.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Frost 218-370-1362,

    Coldwell Banker North Shore

    Bought with:

    Nonmember NONMEMBER

    Nonmember Office

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6117578MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Baseboard, Propane
    Features
    • Has basement: Yes
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 2,260 sqft
    • Finished area above ground: 1,760
    • Finished area below ground: 500

    Property

    Parking
    • Parking features: None
    Features
    • On waterfront: Yes
    • Waterfront features: Lake Superior, Waterfront Access(Association)
    • Body of water: Lake Superior
    • Frontage length: 1200
    Lot
    • Size: 871 Square Feet
    Details
    • Parcel number: 250610101

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood, Frame/Wood
    • Foundation: Concrete Perimeter
    Condition
    • Previously Owned
    • Year built: 1994

    Utilities & green energy

    • Electric: Arrowhead Electric
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    HOA
    • Has HOA: Yes
    • Services included: Controlled Access, Maintenance Structure, Landscaping, Management, Parking, Recreation Facilities, Security, Shared Amenities, Snow Removal, Trash, Water, Insurance, Cable/Satellite, Maintenance Grounds, Sewer
    • HOA fee: $2,100 monthly
    Location
    • Region: Tofte

    Financial & listing details

    • Price per square foot: $383/sqft
    • Tax assessed value: $858,400
    • Annual tax amount: $6,162
    • Date on market: 1/22/2025
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    2/27/2025Sold$865,000$383/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6117578 Report a problem
    1/25/2025Pending sale$865,000$383/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6117578 Report a problem
    1/22/2025Listed for sale$865,000+56.4%$383/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6117578 Report a problem
    12/10/2018Sold$553,000-2.9%$245/sqft
    Source: Agent Provided Report a problem
    11/16/2018Pending sale$569,500$252/sqft
    Source: Coldwell Banker North Shore #6075832 Report a problem
    6/6/2018Listed for sale$569,500$252/sqft
    Source: Coldwell Banker North Shore #6075832 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,150 +16%$858,400 +2.8%
    2024$6,162 +5.5%$835,200 +12.3%
    2023$5,842 -10.3%$743,600 +16.8%
    2022$6,510 +2.6%$636,900 +17.6%
    2021$6,348 -0.9%$541,400 +2.6%
    2020$6,408 +31.9%$527,700 +16.4%
    2018$4,858 +8%$453,400 -0.7%
    2017$4,500 +8.5%$456,400 -0.2%
    2016$4,148 -1.9%$457,100 -0.7%
    2015$4,228 +2.8%$460,100 -7.4%
    2014$4,112 $496,800
    2012-- $496,800 -2.9%
    2010$3,590 $511,500
    Find assessor info on the county website

    Neighborhood: 55615

    Nearby schools

    GreatSchools rating
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