NOT LISTED FOR SALE

3941 Old Midway Rd Hermantown, MN 55810

Estimated Value: $462,000 - $550,000

3 Beds
2 Baths
2,344 Sq Ft
$211/Sq Ft Est. Value

Last Sold September 07, 2018

Last sale price $300,000 $128 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,112/month

3 Days on Market

Highlights

  • Sauna
  • Heated Floors
  • Deck
  • Hermantown Elementary School Rated A-
  • 2.5 Acre Lot
  • Recreation Room

About This Home

As of September 2018

What a pleasant surprise!! Tucked away, yet only a short drive to everything Hermantown has to offer. This move-in-ready home is situated on a private 2.5 acre lot with no neighbors in sight! The home features a perfect balance of defined space with an open feel. There are 3 main floor bedrooms, including a nicely sized master with a large ensuite that features double sinks, a garden tub, and a separate shower. Did I mention main floor laundry and brand new central air conditioning?! The lower level of the home boasts in-floor heat throughout with a large family room, a recreational room, an exercise room, and even a fourth bedroom. A third bathroom is also roughed-in for you to finish! The 3-car garage is insulated, sheetrocked, and heated for all of your storage needs. There is a fenced area for your furry friends and a large area for either a playground or raised garden beds -- you decide! Don't miss out on this one, it won't last long!!

Last Agent to Sell the Property

Sean Robinson

Duluth Realty Group LLC Listed on: 07/23/2018

Last Buyer's Agent

Benjamin Funke

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,045

Year Built

  • Built in 2006

Lot Details

  • 2.5 Acre Lot
  • Lot Dimensions are 367 x 296

Home Design

  • Ranch Style House
  • Poured Concrete
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Sauna
  • Home Gym
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Heated Floors
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05322

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,045

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: WEST ON HERMANTOWN RD TO OLD MIDWAY RD. RIGHT ON OLD MIDWAY RD HOME ON LEFT.
  • L O1 Office Phone1 Number: 218-722-7710
  • List Price/ Sq Ft: 127.99
  • Property Sub-Type: SF/Detached
  • Tax Year: 2018
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Eat-In Kitchen, Garage Door Opener, Kitchen Center Island, Sauna, Tiled Floors, Foyer Entry
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1344
  • Below Grade Finished Sq Ft: 1000
  • Garage Type: Detached
  • Heat: Forced Air, In Floor, Propane
  • Room 10: Bedroom
  • Bedroom 3: Kitchen
  • TotalBedrooms: 3
  • Year Built: 2006
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Basement
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Finished, Bedrooms, Family/Rec Room
  • Basement Material: Poured Concrete
  • Estimated Basement Sq Ft: 1344
  • Basement Style: Full
  • Bathroom 1 Level: SECOND
  • Bathroom Description: Full Master, Full Main Floor
  • Formal Dining: Eat-In Kitchen, Formal Dining Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Family Room
  • Room 8: Rec Room
  • Room 9: Fitness Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2344
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel
  • Garage Capacity: 3

Utilities

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

Schools

  • School District: Hermantown #700
  • Junior High Dist: Hermantown #700

Lot Info

  • Geo Update Timestamp: 2018-07-23
  • Estimated Lot Dimensions: 367 X 296
  • Estimated Number of Acres: 2.5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-05322

Rental Info

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

Tax Info

  • Tax Amount: 4045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2018
Closed on
Sep 7, 2018
Sold by
Ifland Christopher G and Ifland Janet R
Bought by
Bursik Nicholas and Larsen Cynthia
Seller's Agent
Sean Robinson
Duluth Realty Group LLC
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$300,000
Sold Price
$300,000
Current Estimated Value
$495,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,312
Avg. Annual Appreciation
7.33%
Original Mortgage
$270,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2012
Closed on
Sep 25, 2012
Sold by
Kari John G and Kari Mary A
Bought by
Ifland Christopher G and Ifland Janet R
Seller's Agent
Julie Sathers
J.S. Realty
Buyer's Agent
Barb Hanson
Adolphson Real Estate
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.85%
Original Mortgage
$269,000
Interest Rate
3.57%
Mortgage Type
VA

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bullyan Richard A
Bought by
Kari John G and Kari Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Bursik Nicholas $300,000 North Shore Title Llc
Ifland Christopher G $268,787 Rels Title
Kari John G $83,500 Pioneer Abstract & Title Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bursik Nicholas D $273,000
Closed Bursik Nicholas $270,000
Previous Owner Ifland Christopher G $269,000
Previous Owner Kari John G $229,000
Previous Owner Kari John G $207,400
Previous Owner Kari John G $79,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2018 09/07/18 Sold $300,000 0.0% $128 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
07/23/2018 07/23/18 For Sale $300,000 +11.5% $128 / Sq Ft
09/25/2012 09/25/12 Sold $269,000 -2.2% $115 / Sq Ft
08/22/2012 08/22/12 Pending -- -- --
07/24/2012 07/24/12 For Sale $275,000 -- $117 / 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 $5,812 $392,000 $59,900 $332,100
2022 $4,946 $352,200 $59,300 $292,900
2021 $4,818 $319,600 $57,500 $262,100
2020 $4,726 $319,600 $57,500 $262,100
2019 $4,510 $308,000 $62,000 $246,000
2018 $4,070 $300,600 $54,600 $246,000
2017 $3,748 $274,900 $48,200 $226,700
2016 $3,486 $260,900 $45,100 $215,800
2015 $3,029 $221,700 $33,300 $188,400
2014 $3,029 $209,200 $31,200 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6077239

APN: 395001005322