$650,000 Price Analysis    ♡   Grand Rapids, MN 55744 7 bed 4 bath 3,536 SqFt ($183/SqFt) 1.14 acre lot. Built 1985 Listed 2024-06-12, Taxes $6,152 | ✓ USDA Eligible near Grand Rapids, MN Restrictions may apply due to home size |
Unique
Multi-family, lakeshre property in the heart of Grand Rapids! This triplex sits on 1+ acres of beautifully manicured grounds including a creek and 318ft of frontage on Crystal (Ice) Lake. Currently rented Units 1 and 3 feature private decks overlooking the lake, while Unit 2 has a walk-out, covered patio. Units 1 and 2 have 2 bedrooms and 1 full bath each and share a 2-stall, divided garage.
The larger, split-level Unit 3 has 3 bedrooms and 2 full baths with an oversized 2-stall garage. This attractive property includes a dock, walking bridge over the creek and ample guest parking. The location cannot be beat, across the street from Yanmar Ice Arena, 1/2 mile from the Mesabi biking trailhead, near numerous parks/recreation areas and across the lake from the Itasca County fairgrounds. Enjoy the many year-round festivals and events Grand Rapids has to offer. Don't miss this one-of-a-kind investment opportunity in a prime Northwoods location!
Presented by Susie Williamson at
Coldwell Banker Realty - Crocus Hill .
Property MLS #6550879 from NorthstarMLS
Heating Fuel: Electric
Lake Front
Lake View
Creek/Stream
Dock
Waterfront Feet: 318
Fiber Board
Road Frontage Type: City, Paved Streets, Sidewalks, Unpaved Streets
Road Responsibility: Public Maintained Road
Lot Description: Accessible Shoreline, Tree Coverage - Medium
Lot Size Acres: 1.14
Lot Size Dimensions: Irregular
Topography: Level, Walkout
Lot Size Square Feet: 49658
Parking Features: Detached Garage, Driveway - Asphalt, Driveway - Gravel, Driveway - Shared, Garage Door Opener, Multiple Garages, Storage
Garage Sqft: 1148
Association Amenities: Dock, Patio
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1386.00
Tenant Pays: Cable T.V., Electric
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Itasca
Directions: From the SE: NW on Hwy 2/6th Ave NE. Left on NE 4th St. Right on NW 3rd Ave. 3/4 mile to property. From the S: N on Pokegama Ave/Hwy 169. Left on NW 4th St. Right on NW 3rd Ave. 3/4 mile to property.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 2650.00
Source Neighborhood: Kearneys 1st Add To Gr
Owner Pays: Insurance, Lawn, Maintenance/Repair, Sewer, Snow, Taxes, Trash, Water
Parcel Number: 915850210
Subdivision: Kearneys 1st Add To Gr
Trash Expense: 342.00
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $247,695 + $107,029 $354,724 | $6,152 |
| 2021 | $219,809 + $106,139 $325,948 | $5,660 |
| 2020 | $221,390 + $106,193 $327,583 | $5,938 |
| 2019 | $221,390 + $106,193 $327,583 | $5,806 |
| 2018 | $226,200 + $108,600 $334,800 | $5,908 |
| 2017 | $238,700 + $109,300 $348,000 | $6,054 |
| 2016 | $238,700 + $109,300 $348,000 | $5,808 |
| 2015 | $238,700 + $109,300 $348,000 | $5,712 |
| 2014 | $238,700 + $109,300 $348,000 | $6,992 |
| 2013 | $238,700 + $109,300 $348,000 | $6,144 |
| 2011 | $246,500 + $101,600 $348,100 | $5,598 |
| 2010 | $246,500 + $98,300 $344,800 | $5,778 |
| 2009 | $245,600 + $107,500 $353,100 | $3,744 |
$650,000
NorthstarMLS
Sold 2005-09-01
$345,000
Public Record
Above Grade Finished Area: 1822
BelowGradeFinishedArea: 1714
Construction Materials: Block
Foundation Area: 1714.00
Property Age: 39
Property Condition: Previously Owned
Roof: Architectural Shingle, Age 8 Years or Less
Levels or Stories: 2
Total Above Grade Sqft Area: 1822.00
Total Area Main: 1822.00
Total Below Grade Area: 1714.00
Electric Expense: 4399.00
Sewer: City Sewer/Connected
Water Sewer Expense: 1890.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.