NOT LISTED FOR SALE

3985 Old Midway Rd Hermantown, MN 55810

Estimated Value: $436,172 - $498,000

4 Beds
2 Baths
2,344 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 29, 2015

Last sale price $245,000 $105 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,799/month

84 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Deck
  • Hermantown Elementary School Rated A-
  • 7.59 Acre Lot
  • 4 Car Detached Garage

About This Home

As of April 2015

Hermantown! Move in ready! Nicely updated 4 bedroom home. Main level features modern eat in kitchen with bay window overlooking backyard. Formal living room, 2 bedrooms and a full bath. 2nd level expansion with bedroom and extra room. Lower level family room, 3/4 bath, laundry room, and extra storage areas. 2 garages, 1 heated, outside wood boiler for extra heat source. A beautiful lot.

Last Agent to Sell the Property

Gary Kalligher

RE/MAX Results Listed on: 01/05/2015

RE/MAX Results

Last Buyer's Agent

Steve Braman

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,251

Year Built

  • Built in 1950

Lot Details

  • 7.59 Acre Lot
  • Lot Dimensions are 250x1316
  • Property fronts a county road
  • Few Trees

Home Design

  • Bungalow
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • Multi-Level Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Spa
  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05267

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,251

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midway rd to Old Midway Rd. Between Maple Grove to Hwy 2 upper side of Midway.
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 104.52
  • Property Sub-Type: SF/Detached
  • Tax Year: 2014
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Garage Door Opener, Hot Tub, Walk-In Closet, Washer Hook-Ups
  • Amenities Exterior: Deck, Hot Tub
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1453
  • Below Grade Finished Sq Ft: 891
  • Garage Type: Detached
  • Heat: Boiler, Forced Air, Wood, Outdoor Boiler, Propane
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Storage Room
  • Room 12: Laundry Room
  • Bedroom 3: Bedroom
  • TotalBedrooms: 4
  • Year Built: 1950
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Second Floor
  • RoomLevel7: Second Floor
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Dryer, Exhaust Fan/Hood, Range/Stove, Refrigerator, Washer
  • Basement Features: Partially Finished
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 1188
  • Basement Style: Full
  • Bathroom 1 Level: main
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Formal Dining: Combine with Kitchen, Eat-In Kitchen
  • Fireplace: No
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bathroom
  • Bedroom 5: Master Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Family Room
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2344
  • Exercise Room Level2: Main

Exterior Features

  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Steel
  • Pool: Above Ground

Garage/Parking

  • Parking Driveway: RV Parking
  • Garage Capacity: 4

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2015-05-01
  • Estimated Lot Dimensions: 250X1316
  • Estimated Number of Acres: 7.59
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light
  • Parcel Number: 395-0010-05267

Rental Info

  • Lease Terms: Cash, Conventional, FHA

Tax Info

  • Tax Amount: 2251.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 29, 2015
Sold by
Picconatto Dennis W and Picconatto Patricia M
Bought by
Martalock Joshua and Martalock Anne
Seller's Agent
Gary Kalligher
RE/MAX Results
Buyer's Agent
Steve Braman
RE/MAX Results
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$474,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,543
Avg. Annual Appreciation
6.00%
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 Atwood
Buyer's Agent
Gary Kalligher
RE/MAX Results
List Price
$233,000
Sold Price
$233,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.50%
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

Range of Values:

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Average Value
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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
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
04/29/2015 04/29/15 Sold $245,000 0.0% $105 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $245,000 +5.2% $105 / Sq Ft
04/19/2013 04/19/13 Sold $233,000 0.0% $97 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
07/14/2012 07/14/12 For Sale $233,000 -- $97 / 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 $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: Lake Superior Area REALTORS®

MLS Number: 6014033

APN: 395001005267