NOT LISTED FOR SALE

2902 Midway Rd Duluth, MN 55810

Estimated Value: $499,811 - $637,000

3 Beds
2 Baths
2,660 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $399,900 $150 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,405/month

5 Days on Market

Highlights

  • Stables
  • Multiple Garages
  • 6.82 Acre Lot
  • Proctor Senior High School Rated 9+
  • RV Access or Parking
  • Ranch Style House

About This Home

As of June 2021

Live in the castle on the hill!!! Sitting high on the hill you will find this unique walkout ranch style home efficiently built into a hill and offering passive solar energy on both the basement and main floor levels. Long and narrow describe this home to take advantage of the sun. Light filled living, dining and kitchen and master bedroom. The eat-in country kitchen with center island is a perfect gathering space. The wood fired fireplace in the living room is large enough for even your biggest family gatherings. Other amenities include a main floor master bedroom and remodeled bath suite with heated tile floor along with office area. The walkout basement with attached garage is also filled with sunlight and offers 2 bedrooms, den and a 3/4 bathroom. The detached garage is huge! Extra large garage doors to fit your biggest vehicles. Insulated and heated. Seller currently has a finished office with air conditioning in the garage and currently has Air Fiber for internet connection. Looking for a hobby farm? Here you go! Already fenced for horses, has a 100x170 arena and stall space in the detached garage. There is even a ready made chicken coop off the back of the garage. Garden options galore plus there is an apple orchard and other fruit trees that are already well established. Septic 2015 and drilled well.

Last Agent to Sell the Property

Julie Sathers

JS Realty Listed on: 05/02/2021

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1985

Lot Details

  • 6.82 Acre Lot
  • Lot Dimensions are 535x550
  • Property fronts a private road
  • Property fronts a county road
  • Elevated Lot
  • Poultry Coop
  • Electric Fence
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • Woodwork
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Bay Window
  • Wood Frame Window
  • Entryway
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Lower Floor Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 4 Car Garage
  • Multiple Garages
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Storage Shed
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Dual Heating Fuel
  • Heating System Uses Wood
  • Baseboard Heating
  • Private Water Source
  • Electric Water Heater
  • Water Softener is Owned
  • Private Sewer
  • High Speed Internet

Additional Features

  • Energy-Efficient Windows
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 450-0010-02545

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,666

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: I35, north on Midway Rd, take driveway to the right (across from Marigold Ln). Go down this driveway to property on the left.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-729-9784
  • List Price/ Sq Ft: 150.34
  • Remodeled Addition: No
  • Road Maintenance: See Remarks
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Natural Woodwork, Tiled Floors, Walk-In Closet, Beamed Ceilings, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Electric Fenced, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1330
  • Below Grade Finished Sq Ft: 1330
  • Garage Type: Attached, Detached, Multiple
  • Heat: Baseboard, Dual Fuel/Off Peak, Forced Air, Wood, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Den/Office
  • Room 11: Entry
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 3
  • Year Built: 1985
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Basement
  • RoomLevel7: Basement
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Bath, Bedrooms, Den/Office, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Master
  • Formal Dining: Combine with Kitchen
  • Extra Rooms: Den/Office, Entry
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Den/Office
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Living Room
  • Stories: 1 Story
  • Room 6: Bathroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Laundry Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2660
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Stable, Storage Shed
  • Road Frontage: County, Private
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Bay Window, Energy Windows, Vinyl Frame, Wood Frame

Garage/Parking

  • Parking Driveway: RV Parking, Driveway - Gravel
  • Garage Features: Electrical Service, Heat, Insulation, Slab
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 26x28 + 32x32

Utilities

  • Power Company: Minnesota Power
  • Sewer: Private
  • Water: Private

Schools

  • School District: Proctor #704
  • Junior High Dist: Proctor #704

Lot Info

  • Geo Update Timestamp: 2021-05-03
  • Estimated Lot Dimensions: 535x550
  • Estimated Number of Acres: 6.82
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, High
  • Parcel Number: 450-0010-02545

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 3666

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
Jun 28, 2021
Sold by
Miles Hanon T and Hanon Elizabeth
Bought by
Rebecca Oikari J and Oikari Ryan J
Seller's Agent
Julie Sathers
JS Realty
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$399,900
Sold Price
$399,900
Current Estimated Value
$574,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,803
Avg. Annual Appreciation
7.33%
Original Mortgage
$362,598
Outstanding Balance
$329,714
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$210,070

Purchase Details

Closed on
Oct 30, 2014
Sold by
Halvorson Eugene J and Halvorson Cindy L
Bought by
Hanon Miles T and Hanon Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Rebecca Oikari J $399,900 Stewart Title Company
Hanon Miles T $296,000 Consolidated Title & Abstrac
Oikari Rebecca Rebecca $399,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rebecca Oikari J $362,598
Previous Owner Hanon Miles T $266,400
Closed Oikari Rebecca Rebecca $362,598
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $399,900 0.0% $150 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
05/02/2021 05/02/21 For Sale $399,900 +308.1% $150 / Sq Ft
12/05/2016 12/05/16 Sold $98,000 0.0% $74 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $98,000 -- $74 / 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
2023 $4,440 $386,200 $64,900 $321,300
2022 $3,766 $360,600 $62,200 $298,400
2021 $3,666 $297,600 $60,300 $237,300
2020 $3,194 $292,500 $59,700 $232,800
2019 $2,880 $253,400 $52,300 $201,100
2018 $2,962 $236,600 $50,100 $186,500
2017 $2,706 $236,700 $50,200 $186,500
2016 $2,720 $222,400 $50,200 $172,200
2015 $2,840 $209,700 $48,400 $161,300
2014 $3,095 $234,200 $82,900 $151,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6096429

APN: 450001002545