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Luxembourg, October 8, 2019 - Altisource Portfolio Solutions S.A. ("Altisource" or the "Company") (NASDAQ: ASPS), a leading provider and marketplace for the real estate and mortgage industries, today announced that it decided to wind down and close’s operations. The Company believes that closing supports its simplification strategy, eliminates the cash burn associated with this earlier stage business, and increases focus on the core real estate and mortgage businesses.

" has been making encouraging progress in demonstrating that a better consumer real estate model based on technology and service may be viable," said William B. Shepro, Altisource’s Chairman and Chief Executive Officer. Shepro further commented, "However, as we continue to work to simplify Altisource and focus on our larger opportunities, we concluded that closing is in Altisource’s best interests given the time horizon and level of additional investments needed in order for to operate independently. I am proud of the very talented and dedicated team and want to thank them for their contributions."
196 days on
15 Tracks West Trl
Lutsen, MN 55612
4 Beds
3 Baths
-- ft2
$397,000 Estimate:
Estimated Payment:$1,491/mo

Fabulous 4-bedroom, 3-bath home in Lutsen, situated down a charming country lane just a quarter mile up the Caribou Trail

Spacious family home with two additional flex rooms that could be used as bedrooms. Multiple living/family rooms for kicking back and relaxing. The master bedroom, with spa bath and patio door to a large deck is your retreat! Family room adjacent to kitchen with casual dining for easy entertaining. Beautiful pine cabinets, large pantry, with a cooktop set into the peninsula for an open concept style. Formal dining room has extra window allowing more natural light, and plenty of room to accommodate the whole gang. Three large maintenance-free decks for outdoor living, overlooking a landscaped yard with seasonal Lake Superior views. Numerous upgrades including new flooring, remodeled baths, expanded decks, and new upper deck off master suite. Wirsbo in-floor heating system; sellers utilize wood-burning fireplace to heat economically. Main floor laundry with chute. Game room complete with pool table and wet bar. Attached, over-sized double garage plus work space, utility sink and floor drain. Circular driveway with paved apron and parking. Additional parking site for an RV or boat. Certified compliant septic system. This is a solid family home in a peaceful & private country setting. Just turn the key and call it home!

Property type
Single Family Home
Two Story
Year built
Garage - Attached
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My Home Features


Bedrooms: 4 | Basement: #NONE


# of Full Bathrooms: 2
# of Quarter Bathrooms: 0
# of Half Bathrooms: 0
# of Three Quarter Bathrooms: 1


Features: Ceiling - Fan(s), Natural Woodwork, Bar - Wet Bar, Drywalls, Patio Door, Air to Air Exchange


Features: Deck, Gutter/Downspout, Storage Shed


Property Types: Single Family Home | Year Built: 2002 | Structure: Two Story | Architecture: Multi-level | Construction: Frame - Wood, Poured Concrete | Roof: Asphalt Shingles | Siding: Wood | Foundation: #NONE | Floors: Tile

Garage & Parking

Parking: Garage - Attached


Lot Dimensions: 318' x 694' | Lot size: 5.07 acres | Lot Features: Landscaped, Tree Coverage - Medium, Telephone, Underground Utilities, Level


County: Cook County | Real Estate Area: Lutsen | Directions: From Hwy 61 in Lutsen, head north on Caribou Trail (Cty Rd 4) for approximately 1/4 mile to Tracks West Trl. Turn right, then stay right at the 'T'. Right again at first driveway, which is also circular. | MLS #: 6082375


Appliances: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washing Machine, Water Heater - Electric, Water Softener-Owned

Heating & Cooling

Air Conditioning: #NONE | Heating: Fireplace, Floor Heating, Wood Burning Stove Heater | Fireplaces: true, Wood Burning

Utilities & Security

Sewer Service: Sewer - Private | Water Source: Private


School District: Cook County #166 Estimated Value

We calculate the Estimate by analyzing sales for nearby similar properties. We use the best data sources, including MLS and county records to generate insights into the property value. You can even create your own estimate by selecting comparable sold listings.

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Source: County(Public) Records

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Local Insights

Listing provided by: Sandra McHugh 

Listing courtesy of: Lutsen Real Estate Group |  (218) 663-7971 

Tools for buyers

Data provided by: Duluth Area Association of REALTORS®
Last detected update: September 22, 2019 04:59PM EST ~ Verified on November 09, 2019 07:04PM EST

Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
All information provided is deemed reliable but is not guaranteed and should be independently verified.

Note: Estimated payment calculations assume 20% down payment with loan terms of 3.86% fixed APR for 30 years.

Property is available to all persons, regardless of race, color, religion, sex, handicap, familial status, or national origin.
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