The beginnings of a Northwoods retreat or homestead are already here. 7.5 acres located just 5 miles from Grand Marais with year round county maintained road access on the north and south property borders. Good building sites, with driveway, bunkhouse, storage sheds and electric set up for your campouts until you build.
Property Details
Property Features
Listing Office:
Office Name: Red Pine Realty
Listing Agent: Jessica Smith
Exterior Features
Exterior Information:
View: Other
Lot Features
Lot Information:
Lot: Many Trees, Rolling/Hilly
Lot Size: 7.51 Acres
Other
Directions Information:
Directions: Five Miles west of Grand Marais on County Rd 7
Price Information
Listing Price Info
Price Summary:
List Price: $155,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Grand Marais, MN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$841
Per Month
Principal & Interest
$774
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$531
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Sawtooth Mountain Elementary School
101 W 5th St
Distance between this listing and this school0.66 miles
Public District Grades PK-5
Nearby Schools
5
/10
Cook County Middle School
101 W 5th St
Distance between this listing and this school0.64 miles
Public District Grades 6-8
6
/10
Great Expectations
550 E 5th St
Distance between this listing and this school1.02 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Cook County Senior High School
101 W 5th St
Distance between this listing and this school0.64 miles
The neighbors living near this home have an average income of $65,148. Residents of Grand Marais, MN typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2717 County Rd 7
What is the listing price of this property?
The listing price of 2717 County Rd 7 property is $155,000.
What type of property is this?
The property 2717 County Rd 7 is land located in Grand Marais, Minnesota, 55604.
Is this property for sale now?
Active Listing: 2717 County Rd 7 is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 2717 County Rd 7 in Grand Marais, MN and zip code 55604. This home sits on a 7.51 acre lot. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $155,000.
Over 3 listings were sold over their listed price in November 2024 in Grand Marais, MN. In the same period over 4 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Grand Marais, MN decreased by 27.3% between October 2024 and November 2024. In November 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $480,000.
From Rocket Homes Real Estate and based on county public records data.