$145,000
SOLD MAR 31, 2025

3781 Needle Ln Duluth, MN 55803

1 Bed
-- Bath
315 Sq Ft
3.21 Acres

Recently Sold

$460 Per Sq Ft

12% Below List Price

71 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • 421 Feet of Waterfront
  • Main Floor Primary Bedroom
  • Homecroft Elementary School Rated A-
  • New Construction
  • No HOA

About This Home

As of March 2025

Secluded Lakeside Retreat on Thompson Lake – 3.21 Acres with 421 Feet of Shoreline Nestled on the tranquil shores of Thompson Lake, this 3.21-acre property offers an idyllic escape into nature. With an impressive 421 feet of private shoreline, this wooded lot provides both privacy and serenity, making it the perfect getaway for outdoor enthusiasts or those seeking a peaceful retreat. The property features a newly constructed yurt, blending rustic charm with modern comfort. The yurt offers a cozy and versatile living space surrounded by breathtaking views of the lake and forest. A well-maintained outhouse with a sealed holding tank provides convenient amenities, while a small storage shed adds practicality for storing gear and supplies. Whether you're looking to enjoy kayaking, fishing, or swimming in the pristine waters, or simply unwind surrounded by the beauty of nature, this property has it all. The possibilities are endless, whether you envision it as a seasonal retreat, a glamping getaway, or the future site of your dream cabin. Don’t miss this rare opportunity to own a slice of lakeside paradise on Thompson Lake!

Last Agent to Sell the Property

Jon Chapek

Odyssey Real Estate Group Listed on: 12/19/2024

Last Buyer's Agent

Nonmember NONMEMBER

Nonmember Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 3.21 Acre Lot
  • 421 Feet of Waterfront
  • Lake Front

Parking

  • No Garage

Home Design

  • Wood Frame Construction

Interior Spaces

  • 1 Primary Bedroom on Main
  • 315 Sq Ft Home
  • 1-Story Property

Outdoor Features

  • Deeded Waterfront Access Rights
  • Outhouse

Utilities

  • Space Heater
  • Heating System Uses Propane
  • Water Not Available
  • Sewer Holding Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 375-0020-01781

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Please use navigation and the property address, you will see a real estate sign on the private driveway where it comes off of Needle Lane and into the property.
  • L O1 Office Phone1 Number: 218-834-2495
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: Yes
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 315
  • Garage Type: None
  • Heat: Space/Wall Heater, Propane
  • MainFloorBath: No
  • RdBtwnWtrfrntAndHome: No
  • TotalBedrooms: 1
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: None
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Stories: 1 Story
  • Total Fin Square Footage: 315

Exterior Features

  • Waterfront Access: Deeded Access
  • Water Frontage In Feet: 421
  • Waterfront Name: Thompson
  • Construction Status: Completed New Construction
  • Exterior: Other

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Holding Tank, Outhouse
  • Water: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: irregular
  • Estimated Number of Acres: 3.21
  • Cultivated Acreage: LSAR
  • Geo Match Code: 3
  • Geo Subdivision: CA
  • Parcel Number: 375-0020-01781
  • Waterfront Type: Inland Lake

Tax Info

  • Tax Amount: 754.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2024
Closed on
Mar 31, 2025
Sold by
Rustad Nicholas and Greeley Travis
Bought by
Foss Jeremy Dustin and Foss Kerstin Sabrina
Seller's Agent
Jon Chapek
Odyssey Real Estate Group
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$164,900
Sold Price
$145,000
Premium/Discount to List
-$19,900
-12.07%
Views
198
Current Estimated Value
$150,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,988
Avg. Annual Appreciation
5.54%
Original Mortgage
$130,000
Outstanding Balance
$128,295
Interest Rate
9.25%
Mortgage Type
New Conventional
Estimated Equity
$22,693

Purchase Details

Listed on
Sep 8, 2022
Closed on
Jan 27, 2023
Sold by
Thene Terry and Thene Lynn
Bought by
Rustad Nicholas and Greeley Travis
Seller's Agent
Kris Lindahl
Kris Lindahl Real Estate
Buyer's Agent
Kris Lindahl
Kris Lindahl Real Estate
List Price
$160,000
Sold Price
$145,000
Premium/Discount to List
-$15,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$116,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $145,000 Watermark Title
Deed $145,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $130,000 New Conventional
Previous Owner $116,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2025 03/31/25 Sold $145,000 -12.1% $460 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
12/19/2024 12/19/24 For Sale $164,900 +13.7% $523 / Sq Ft
01/27/2023 01/27/23 Sold $145,000 -9.4% -- View Prior Sale
09/08/2022 09/08/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $160,000 -- --
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 $1,078 $108,500 $94,400 $14,100
2023 $1,078 $86,000 $86,000 $0
2022 $714 $73,400 $73,400 $0
2021 $204 $70,900 $70,900 $0
2020 $210 $17,100 $17,100 $0
2019 $206 $17,100 $17,100 $0
2018 $204 $17,100 $17,100 $0
2017 $206 $17,100 $17,100 $0
2016 $156 $17,100 $17,100 $0
2015 $164 $11,700 $11,700 $0
2014 $164 $11,700 $11,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117316

APN: 375002001781