NOT LISTED FOR SALE

3985 Old Midway Rd Hermantown, MN 55810

Estimated Value: $400,197 - $468,000

4 Beds
2 Baths
2,400 Sq Ft
$183/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $233,000 $97 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,625/month

241 Days on Market

Highlights

  • Spa
  • 7.59 Acre Lot
  • 4 Car Detached Garage
  • Hermantown Elementary School Rated A-
  • Deck
  • Eat-In Kitchen

About This Home

As of April 2013

Nicely updated move in ready home on 7.59 gorgeous acres in Hermantown. Inviting front deck welcomes you to step inside to front entry which leads to spacious living room w/built-in. Eat in kitchen w/oak cabinets, bay window & built-in hutch. Main level also has 2 bedrooms (one w/walk-in closet) and a full bath. Upper level has 2 very large bedrooms both with walk-in closets. Lower level has family room, 3/4 bath and loads of storage space. Exterior has great landscaping, 2 det garages (one is heated), shed, wood stove, lean-to, back deck w/hot tub, apple trees, play area for kids & trails in the woods! Home also has Central air, new roofs on garages & newer windows. Peaceful location and close to 35. Septic is sized for a 3 bedroom home.

Last Agent to Sell the Property

Jodi Olson

CENTURY 21 Gilderman Listed on: 07/14/2012

Last Buyer's Agent

Gary Kalligher

RE/MAX 1 - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,514

Year Built

  • 1950

Lot Details

  • 7.59 Acre Lot
  • Lot Dimensions are 250x1310
  • Kennel

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Woodwork
  • Combination Kitchen and Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Storage Shed
  • Lean-To Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Powered By Owned Propane
  • Private Water Source
  • Fuel Tank
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05267

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,514

Year Built

1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Eat-In Kitchen, Garage Door Opener, Hot Tub, Natural Woodwork, Tiled Floors, Walk-In Closet, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Hot Tub
  • Estimated Number of Acres: 7.59
  • Assessment Balance: 18
  • Construction: Previously Owned
  • Foundation Size: 1181
  • Mechanicals: Fuel Tank-Rented
  • Parcel Number: 395-0010-05267
  • Projected Closed Date: 04/19/2013
  • Stories: 1.25 - 1.75 Story
  • Taxes With Assessments: 1989.62
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1950

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: 3/4 Basement, Main Floor Full Bath
  • Total Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 2
  • Room 1: Foyer, 5.9x4.9, On Level: Main
  • Room 2: Living Room, 20x18.2, On Level: Main
  • Room 3: Bedroom, 11.3x10, On Level: Main
  • Room 4: Bedroom, 12x11.9, On Level: Main
  • Room 5: Bathroom, On Level: Main
  • Room 6: Kitchen, 15x10, On Level: Main
  • Room 7: 15x11.6, On Level: Upper
  • Room 8: Bedroom, 14.8x11.11, On Level: Upper
  • Room 9: Family Room, 16.8x14, On Level: Lower
  • Room 10: Bathroom, On Level: Lower
  • Room 11: Other, 23.7x9.6, On Level: Lower
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Basement Style: Partial
  • Finished Above Grade Sq Ft: 300
  • Below Grade Finished Sq Ft: 2100
  • Total Fin Square Footage: 2400
  • Total Square Footage: 1800

Exterior Features

  • Frontage Road: City
  • Construction Type: Frame/Wood
  • Exterior: Steel
  • Out Buildings: Hot Tub, Kennel, Lean-To, Storage Shed
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Detached
  • Garage Capacity: 4

Utilities

  • Cooling: Central
  • Fuel: Propane - Tank Owned, Wood
  • Heat: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Estimated Lot Dimensions: 250x1310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2015
Sold by
Picconatto Dennis W and Picconatto Patricia M
Bought by
Martalock Joshua and Martalock Anne
Current Estimated Value
$439,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,562
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 14, 2012
Closed on
Apr 19, 2013
Sold by
Draper Burrell J and Draper Andrea G
Bought by
Picconatto Dennis W and Picconatto Patricia M
Seller's Agent
Jodi Olson
CENTURY 21 Gilderman
Buyer's Agent
Gary Kalligher
RE/MAX 1 - Duluth
List Price
$249,900
Sold Price
$233,000
Premium/Discount to List
-$16,900
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$173,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2008
Sold by
Draper Burrell J and Draper Andrea G
Bought by
Draper Burrell J and Draper Andrea G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2008
Sold by
Isbell Aaron Joseph and Isbell Rebecca Louise Draper
Bought by
Draper Burrell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Isbell Aaron Joseph and Isbell Rebecca Louise Draper
Bought by
Isbell Aaron Joseph and Isbell Rebecca Louise Draper
Source: Public Records

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Range of Values:

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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
Martalock Joshua $245,000 Stewart Title Company
Picconatto Dennis W $233,000 Arrowhead Abstract
Draper Burrell J -- None Available
Draper Burrell J $200,000 Rels Title
Isbell Aaron Joseph $1,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martalock Joshua $288,156
Closed Martalock Joshua $252,000
Closed Martalock Joshua $240,562
Previous Owner Picconatto Dennis W $173,000
Previous Owner Draper Burrell J $194,851
Previous Owner Draper Burrell J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $233,000 -6.8% $97 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
07/14/2012 07/14/12 For Sale $249,900 -- $104 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $3,514 $314,100 $68,200 $245,900
2022 $4,216 $295,400 $63,600 $231,800
2021 $4,018 $278,600 $62,700 $215,900
2020 $3,758 $271,500 $61,500 $210,000
2019 $3,614 $251,100 $55,400 $195,700
2018 $3,282 $246,800 $51,100 $195,700
2017 $3,040 $227,500 $47,300 $180,200
2016 $2,826 $217,200 $45,700 $171,500
2015 -- $166,800 $49,200 $117,600
2014 -- $156,200 $45,600 $110,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4346594

REALTOR® Association of Southern Minnesota

APN: 395001005267