NOT LISTED FOR SALE

2273 Smith Lake Rd Duluth, MN 55803

Estimated Value: $293,000 - $328,000

3 Beds
1 Bath
880 Sq Ft
$353/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $170,000 $193 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $1,788/month

39 Days on Market

Highlights

  • 165 Feet of Waterfront
  • Lake View
  • Ranch Style House
  • Sauna
  • Deck
  • Wood Flooring

About This Home

As of October 2016

A Northwoods cabin, tucked in the trees on Little Pequaywan (Smith) Lake. Clean and maintained, 3 bedrooms, bath, open living, kitchen and dining with a sunny back porch and deck. Charming with its stone work, half log and shake siding. Cabin is set high on the lake, a short distance to the fire pit and steps to the screen house - halfway between the cabin and the water, perched in the trees with lake views, it's solidly built. So private! Sauna, shed, pump house and the new septic system is complete. Little Pequaywan is 187 acres, high water clarity, consistent levels, private not leased land, 30 miles from Duluth on paved roads. Boats, snowmobiles, ATVs welcome, the trails are here! Additional, adjacent parcel may be available for sale.

Last Agent to Sell the Property

Sandra Nelson

RE/MAX Results Listed on: 08/04/2016

RE/MAX Results

Last Buyer's Agent

Lisa Michalski

Edina Realty, Inc. - Duluth

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,480

Year Built

  • Built in 1967

Lot Details

  • 3.69 Acre Lot
  • Lot Dimensions are 165x1036
  • 165 Feet of Waterfront
  • Lake Front
  • Property fronts a private road

Parking

  • No Garage

Home Design

  • Ranch Style House
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • 880 Sq Ft Home
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room
  • Combination Kitchen and Dining Room
  • Sauna
  • Wood Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Storage Shed
  • Lean-To Shed
  • Porch

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 502-0020-03070

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,480

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Jean Duluth Rd to end, right on County Rd 44 (Pequaywan Lake Rd) to Smith Lake Rd. 3/4 mile past the Pequaywan Inn on the left.
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 193.18
  • ShorelineCharacteristics: Sand
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake
  • Lot Description Waterfront: Yes
  • Reso Association Amenities: Ceiling Fans, Hardwood Floors, Natural Woodwork, Sauna
  • Amenities Exterior: Deck, Porch
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 880
  • Garage Type: None
  • Heat: Fireplace, Space/Wall Heater, Wood, Propane, Electric
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1967
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Stove, Refrigerator
  • Basement Material: N/A
  • Estimated Basement Sq Ft: 880
  • Basement Style: Posts
  • Bathroom 1 Level: M
  • Formal Dining: Combine with Kitchen
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Porch
  • Total Bathrooms: 1
  • Total Fin Square Footage: 880
  • Exercise Room Level2: Main

Exterior Features

  • LakeAcres: 193
  • Out Buildings: Lean-To, Sauna, Screenhouse, Storage Shed
  • Road Frontage: Private
  • Water Frontage In Feet: 165
  • Waterfront Name: Little Pequaywan
  • Construction Status: Previously Owned
  • Exterior: Wood

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Schools

  • School District: Lake Superior #381
  • Junior High Dist: Lake Superior #381

Lot Info

  • Geo Update Timestamp: 2016-10-24
  • Estimated Lot Dimensions: 165X1036
  • Estimated Number of Acres: 3.69
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 502-0020-03070
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1479.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2016
Closed on
Oct 17, 2016
Sold by
Larson Vaughn Vaughn
Bought by
Garber Samuel Samuel
Seller's Agent
Sandra Nelson
RE/MAX Results
Buyer's Agent
Lisa Michalski
Edina Realty, Inc. - Duluth
List Price
$170,000
Sold Price
$170,000
Current Estimated Value
$310,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,985
Avg. Annual Appreciation
6.93%
Original Mortgage
$170,000
Outstanding Balance
$135,964
Interest Rate
3.47%
Estimated Equity
$175,021

Purchase Details

Listed on
Sep 18, 2013
Closed on
Jun 10, 2014
Sold by
Central Bank
Bought by
Larson Rebecca and Larson Vaughn
Seller's Agent
Kurt Johnson
Gables & Ivy Real Estate
Buyer's Agent
Sandi Nelson
Edina Realty Inc - Duluth
List Price
$179,900
Sold Price
$157,000
Premium/Discount to List
-$22,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Original Mortgage
$125,600
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Erickson Lee M and Erickson Randi L
Bought by
Central Bank
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garber Samuel Samuel $170,000 --
Larson Rebecca $157,000 Title Record
Central Bank $154,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garber Samuel Samuel $170,000
Previous Owner Larson Rebecca $125,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2016 10/21/16 Sold $170,000 0.0% $193 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $170,000 +8.3% $193 / Sq Ft
06/10/2014 06/10/14 Sold $157,000 -12.7% $178 / Sq Ft View Prior Sale
01/11/2014 01/11/14 Pending -- -- --
09/18/2013 09/18/13 For Sale $179,900 -- $204 / Sq Ft
Source: Lake Superior Area REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,878 $216,100 $114,600 $101,500
2023 $1,878 $188,900 $104,600 $84,300
2022 $1,842 $180,600 $100,000 $80,600
2021 $1,634 $169,300 $96,300 $73,000
2020 $1,674 $153,800 $84,300 $69,500
2019 $1,616 $153,800 $84,300 $69,500
2018 $1,638 $151,300 $84,300 $67,000
2017 $1,638 $151,400 $84,400 $67,000
2016 $1,492 $151,400 $84,400 $67,000
2015 $1,587 $144,900 $89,800 $55,100
2014 $1,587 $144,900 $89,800 $55,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6024476

APN: 502002003070