121 East 3rd Street

121 East 3rd Street in Grand Marais, MN was first built in 1913 and is 111 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 121 East 3rd Street has 1,844 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 25,700 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. The garage is 440 sqft. 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 frame control joints. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a wood burning heating system. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 121 East 3rd Street sold most recently in May 17, 2021 for a total of $600,000. If you work out the math, that's approximately a cost of $182.59 per sqft. Before that, the property was also sold for $310,000 in Apr 12, 2013. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,226 in taxes each year. 121 East 3rd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $603,778. If we break it down further, the land itself was valued at $112,919. Improvements to the property, however, were assessed at a total of $490,859. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.