NOT LISTED FOR SALE

3747 Martin Rd Duluth, MN 55803

Estimated Value: $444,000 - $544,089

4 Beds
3 Baths
3,100 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $429,900 $139 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,205/month

10 Days on Market

Highlights

  • Second Kitchen
  • Heated Floors
  • Deck
  • Homecroft Elementary School Rated A-
  • 5 Acre Lot
  • Traditional Architecture

About This Home

As of September 2023

Beautiful 5 Acre Property Complete with Hobby Farm! This home is a pretty rare find. As you enter the main door off the driveway, you start in a nice mud area with the main floor bathroom just off your left. As you move further into the home, you come into an open kitchen area with some new appliances and an open view looking out to the dining area and living room. Just left of the dining area is large heated sunroom/solarium that looks out to the newly expanded back yard and camp fire area. The top level of the home has 3 bedrooms, a den that is currently being used as a music room, an office area outside of the bedrooms, and an updated ensuite in the primary bedroom. The lower level features a really functional apartment area. There is a very nice sized bedroom, a family room with fireplace, a 3/4 bathroom and full kitchen! The lower level also has its own entrance, walking out to a fenced in area great for your pets. The largest of the garages has room for 3 cars, has in-floor heat in the slab, is plumbed for a bathroom if you wanted to add it, and has an office area. Right behind that garage is another 2 car garage mainly used for added storage. The hobby farm was added in 2022 with a great chicken coup and run and a huge pen for goats, pigs or whatever animal you'd like to raise. This amazing property won't last long. Make sure to schedule your appointment today to see it before it's gone!

Last Agent to Sell the Property

Ryan Bard

RE/MAX Results Listed on: 07/13/2023

RE/MAX Results

Last Buyer's Agent

Benjamin Funke

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,187

Year Built

  • Built in 1922

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 330x660
  • Poultry Coop
  • Partially Fenced Property
  • Many Trees

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Property Views

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 5 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Storage Shed
  • Rain Gutters

Utilities

  • No Cooling
  • Boiler Heating System
  • Radiant Heating System
  • Drilled Well
  • Gas Water Heater
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 520-0220-00460

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,187

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Rice Lake Rd to Martin Rd, Rt on Martin, home on Left
  • L O1 Office Phone1 Number: 218-722-8221
  • List Price/ Sq Ft: 138.68
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2023
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Tiled Floors, Patio Door
  • Amenities Exterior: Balcony, Deck, Fenced Yard - Partial, Gutter/Downspout
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2146
  • Below Grade Finished Sq Ft: 954
  • Garage Type: Detached
  • Heat: Boiler, Fireplace, In Floor, Radiant, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: 2nd Kitchen
  • Room 11: Bedroom
  • Room 12: Family Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 4
  • Year Built: 1922
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Upper
  • RoomLevel6: Upper
  • RoomLevel7: Upper
  • RoomLevel8: Upper
  • RoomLevel9: Upper
  • Property Style: Traditional
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Egress Windows, Walkout, Bath, Bedrooms, Family/Rec Room, Fireplace, Kitchen, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, 3/4 Main Floor, Full Upper
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Den/Office, Family/Rec, Second Kitchen, Storage Room, Sunrm/Solarium, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Sunroom/Solarium
  • Bedroom 5: Bedroom
  • Stories: 2 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Den/Office
  • Room 9: Other
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3100
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Chicken Coop, Storage Shed, Other Buildings
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Vinyl
  • Window Features:Insulated Windows: Vinyl Frame

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Electrical Service, Heat
  • Garage Capacity: 5
  • ParkingFeaturesGarageDimensions: irregular

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2023-07-13
  • Estimated Lot Dimensions: 330x660
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy
  • Parcel Number: 520-0220-00460

Rental Info

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

Tax Info

  • Tax Amount: 5187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Sep 1, 2023
Sold by
Scherer Dylan and Scherer Meaghan
Bought by
Kraft Daniel and Kraft Jessica
Seller's Agent
Ryan Bard
RE/MAX Results
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$429,900
Sold Price
$429,900
Current Estimated Value
$503,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,122
Avg. Annual Appreciation
4.14%
Original Mortgage
$303,900
Outstanding Balance
$298,728
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$167,119

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 31, 2023
Sold by
Scherer Dylan and Scherer Meaghan
Bought by
Kraft Daniel and Kraft Jessica
Seller's Agent
Ryan Bard
RE/MAX Results
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$429,900
Sold Price
$429,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,900
Outstanding Balance
$298,728
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$167,119

Purchase Details

Listed on
Oct 23, 2021
Closed on
Dec 6, 2021
Sold by
Petrich Jayne E
Bought by
Scherer Dylan and Scherer Meaghan
Seller's Agent
Rod Graf
Edmunds Company, LLP
Buyer's Agent
Ryan Bard
RE/MAX Results
List Price
$390,000
Sold Price
$390,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$370,500
Interest Rate
3.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 31, 2012
Sold by
Petrich Jayne E
Bought by
Petrich Ludwig L and Petrich Georgeann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,750
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2002
Sold by
Kunst Gregory J and Kunst Jeanne M
Bought by
Petrich Jayne E and Petrich Ludwig L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,800
Interest Rate
6.95%
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
Kraft Daniel $429,900 First American Title
Kraft Daniel $429,900 --
Scherer Dylan $390,000 Stewart Title Company
Petrich Ludwig L -- None Available
Petrich Jayne E $202,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraft Daniel $303,900
Closed Kraft Daniel $304,800
Previous Owner Scherer Dylan $370,500
Previous Owner Petrich Ludwig L $184,750
Previous Owner Petrich Jayne E $181,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2023 09/01/23 Sold $429,900 0.0% $139 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $429,900 +10.2% $139 / Sq Ft
12/06/2021 12/06/21 Sold $390,000 0.0% $126 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $390,000 -- $126 / 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 $5,562 $404,200 $73,700 $330,500
2022 $5,370 $371,800 $73,700 $298,100
2021 $4,522 $309,900 $43,200 $266,700
2020 $4,600 $295,900 $41,200 $254,700
2019 $4,474 $295,900 $41,200 $254,700
2018 $3,930 $289,000 $36,800 $252,200
2017 $4,332 $270,100 $34,800 $235,300
2016 $4,306 $287,900 $32,400 $255,500
2015 $3,967 $264,100 $30,900 $233,200
2014 $3,967 $250,500 $29,700 $220,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6109334

APN: 520022000460