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12 Trailsyde

12 Trailsyde, Grand Marais, MN 55604
Property in East Cook
Sold Jul 17, 2018
$1,850,000
$1,480,000 by Us Bk Na Us Bk Na
Mortgage Due Aug 01, 2048
12 Trailsyde in Grand Marais, MN was first built in 1920 and is 104 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. 12 Trailsyde has 900 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,083,773 square feet.

Learn more about the property and building on this page. There is a porch. The home has a gable style roof made of asphalt. For those who need parking, there is a tuck under garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with log control joints. The exterior walls of the home are made of log. While the interior walls are made of logs. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing electric heaters and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 12 Trailsyde was last sold in Jul 10, 2018 for $1,850,000. According to our calculations, that's $2,055.56 per sqft. Current property owners are expected to pay $4,916 in taxes per year. The property on 12 Trailsyde was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $648,500. To break that down further, the land itself was valued at $446,300. While improvements to the property were assessed at a total of $202,200. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1995
  • Bedroom Count: 1
  • Construction Type: Log
  • Exterior Walls Type: Log
  • Interior Walls Type: Logs
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Tuckunder
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,083,773
  • Lot Size Frontage Feet: 7,150
  • Total Building Area: 900
  • Gross Building Area: 900
  • Building Area: 900
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Electric
  • Heated Square Feet: 900
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 24.88
  • Standard Land Use Code: Seasonal, cabin, vacation residence
  • Legal Description 1: BAL LOT 2 & PART NW/SE

Ownership

  • Current Owner : TRAILSYDE PARTNERS LLC
  • Previous Owner : MAYO CLINIC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Cook County Public Schools
  • School Tax School District: 166
  • Census Tract: 480101

Geography

  • Account Number: 12501
  • District: 55
  • Parcel: 55-226-4310
  • Lot: 2
  • Meridian: SEC 26 TWN 62 RNG 03E
  • Municipality: UNORG RGE 3E
  • Latitude: 47.8176
  • Longitude: -90.0274

    Address

  • Full Address: 12 Trailsyde
  • Address - House Number: 12
  • Address - Street Name: Trailsyde
  • State: MN
  • City Name: Hovland
  • Zip Code: 55606

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,916

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 71
  • Final Value: 873,214
  • High Value: 1,058,725
  • Low Value: 687,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,480,000
  • First Open Lien Mortgage Lender: US BK NA US BK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2018
  • First Open Lien Mortgage Loan Amount: $1,480,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Market Valuation

  • Market Total Value: $648,500
  • Market Land Value: $446,300
  • Market Improvement Value: $202,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $648,500
  • Assessed Land Value: $446,300
  • Assessed Improvements Value: $202,200

    Sales

  • Current Sale Contract Date: Jul 10, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Transaction ID: 11708428950
  • Current Sale Price: $1,850,000
  • Current Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BK NA US BK NA
  • First Mortgage Transaction Date: Jul 17, 2018
  • First Mortgage Loan Amount: $1,480,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2048

About Cook



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Frequently Asked Questions

What neighborhood is 12 Trailsyde located in?
The 12 Trailsyde is a located in the neighborhood of East Cook in Cook, Grand Marais.
What is the average sales price for listings in 12 Trailsyde?
The average sales price for units in 12 Trailsyde is $0 currently.

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