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Sold for $420,000
  • $420,000

    7192 W Highway 61 #24, Tofte, MN 55615

    1beds
    664sqft
    Condominium
    Built in 1988
    -- sqft lot
    $425,600 Zestimate®
    $633/sqft
    $1,223 Estimated rent

    Home value

    $425,600

    Estimated sales range

    Not available

    $1,223/mo

    Zestimate® history
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    What's special

    Custom fireplaceSweeping viewsPull-out couchUpdated kitchenLakeside deckDouble jacuzzi tub
    Unit 24 at Bluefin Bay is a spectacular retreat for your family and friends. Listen to the waves lapping as you keep cozy by the custom fireplace or watch the show as you make an elegant meal in the updated kitchen. You can't get any closer to the lake than this. The full bathroom features a double Jacuzzi tub that allows you to relax and soak in the North Shore's beauty and tranquility that only Lake Superior provides. This One Bedroom unit is an end unit which provides privacy and adds to the incredible sweeping views. The owners have made many nice updates to the unit and it is tastefully appointed. Unit 24 grosses $70,000 in annual rental income, helping to offset the costs of ownership. There simply is no better way to own a piece of Lake Superior. The pull-out couch allows a family and friends to stay comfortably in the unit. The resort amenities and activities will provide for busy days and the lakeside deck will provide quiet evenings to unwind.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Frost 218-370-1362,

    Coldwell Banker North Shore

    Bought with:

    Eric Frost, MN 40322863

    Coldwell Banker North Shore

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 6119797MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Dual Fuel/Off Peak, Electric
    Cooling
    • Ductless
    Features
    • Has basement: No
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 664 sqft
    • Finished area above ground: 664
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: None
    Features
    • On waterfront: Yes
    • Waterfront features: Lake Superior, Waterfront Access(Shared)
    • Body of water: Lake Superior
    • Frontage length: 2500
    Lot
    • Size: 871 Square Feet
    • Dimensions: 20' x 40'
    Details
    • Parcel number: 250620240

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Wood, Frame/Wood
    • Roof: Shake
    Condition
    • Previously Owned
    • Year built: 1988

    Utilities & green energy

    • Electric: Arrowhead Electric
    • Sewer: Public Sewer
    • Water: Shared
    • Utilities for property: Fiber Optic

    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: $645 monthly
    Location
    • Region: Tofte

    Financial & listing details

    • Price per square foot: $633/sqft
    • Tax assessed value: $326,100
    • Annual tax amount: $2,762
    • Date on market: 6/3/2025
    • Cumulative days on market: 1 day

    Price history

    DateEventPrice
    6/25/2025Sold$420,000+2.4%$633/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119797 Report a problem
    6/4/2025Pending sale$410,000$617/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119797 Report a problem
    6/3/2025Listed for sale$410,000+127.9%$617/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #6119797 Report a problem
    9/1/2000Sold$179,900$271/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,762 +25.5%$326,100 +1.1%
    2024$2,200 +1.7%$322,600 +21.5%
    2023$2,164 -16%$265,500 +12.6%
    2022$2,576 -40.8%$235,800 +10%
    2021$4,352 +49.7%$214,300 +1%
    2020$2,908 +30.5%$212,100 +0%
    2018$2,228 +8.9%$212,000 -0.5%
    2017$2,046 +8.8%$213,100 +0.3%
    2016$1,880 +19.3%$212,400 -0.5%
    2015$1,576 -22.7%$213,500 +11%
    2014$2,038 $192,300 -23.8%
    2012-- $252,400 -4.9%
    2010$1,810 $265,400
    Find assessor info on the county website

    Neighborhood: 55615

    Nearby schools

    GreatSchools rating
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