$92,000
SOLD DEC 29, 2017

4002 Old Midway Rd Hermantown, MN 55810

2 Beds
1 Bath
1,008 Sq Ft
3.43 Acres

Recently Sold

$91 Per Sq Ft

40 Days on Market

Highlights

  • 3.43 Acre Lot
  • Ranch Style House
  • 2 Car Detached Garage
  • Hermantown Elementary School Rated A-
  • Wood Frame Window
  • Walk-In Closet

About This Home

As of August 2024

Great location on a beautiful lot, 2br ranch, 2car det garage, minutes from mall shopping, restaurant, schools and amenities. Great potential to gain equity. This home has been totally gutted out and ready for a new interior. This is a Fannie Mae property.

Last Agent to Sell the Property

Baji Gill

North Point Realty Listed on: 10/30/2017

Last Buyer's Agent

Philip Johnson

Edmunds Company, LLP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1977

Lot Details

  • 3.43 Acre Lot

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Wood Frame Window
  • Combination Dining and Living Room
  • Unfinished Basement
  • Partial Basement
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05460

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,385

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midway Rd to Old Midway Rd.
  • L O1 Office Phone1 Number: 218-722-1471
  • List Price/ Sq Ft: 91.27
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Walk-In Closet
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1008
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1977
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 960
  • Basement Style: Partial
  • Bathroom 1 Level: 1
  • Bathroom Description: Full Main Floor
  • Formal Dining: Combine with Living Room
  • Fireplace: No
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1008
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Metal
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2017-12-30
  • Estimated Lot Dimensions: 3.43acres
  • Estimated Number of Acres: 3.43
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-05460

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2024
Closed on
Aug 23, 2024
Sold by
Schultz Sara and Sorlie Cody
Bought by
Cozzi John O and Cozzi Karlee M
Seller's Agent
Amanda Thomas
Coldwell Banker Realty - Duluth
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$345,000
Sold Price
$360,000
Premium/Discount to List
$15,000
4.35%
Total Days on Market
40
Views
15
Current Estimated Value
$375,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,541
Avg. Annual Appreciation
1.97%
Original Mortgage
$288,000
Outstanding Balance
$286,245
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$80,280

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jun 1, 2020
Sold by
Henshaw Brian and Henshaw Amy
Bought by
Sorlie Cody and Schultz Sara
Seller's Agent
Darcie Novak
My Place Realty, Inc.
Buyer's Agent
Nonmember NONMEMBER
Nonmember Office
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Original Mortgage
$242,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2019
Sold by
Envall Garett W
Bought by
Henshaw Brian and Henshaw Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Listed on
Oct 30, 2017
Closed on
Dec 28, 2017
Sold by
Fannie Mae
Bought by
Envall Garett W
Seller's Agent
Baji Gill
North Point Realty
Buyer's Agent
Philip Johnson
Edmunds Company, LLP
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.98%

Purchase Details

Closed on
Aug 10, 2016
Sold by
Martin Greta M
Bought by
Federal National Mortgage Association
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 Type Sale Price Title Company
Warranty Deed $360,000 Title Team
Warranty Deed $255,000 None Available
Limited Warranty Deed $240,000 Stewart Title Company
Limited Warranty Deed -- North Shore Title Llc
Sheriffs Deed $109,300 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Previous Owner $242,250 New Conventional
Previous Owner $240,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2024 08/29/24 Sold $360,000 +4.3% $200 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
08/02/2024 08/02/24 For Sale $345,000 +35.3% $192 / Sq Ft
06/01/2020 06/01/20 Sold $255,000 0.0% $142 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
04/20/2020 04/20/20 For Sale $255,000 +177.2% $142 / Sq Ft
12/29/2017 12/29/17 Sold $92,000 0.0% $91 / Sq Ft
12/09/2017 12/09/17 Pending -- -- --
10/30/2017 10/30/17 For Sale $92,000 -- $91 / 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 $3,750 $258,900 $39,300 $219,600
2022 $3,398 $244,400 $37,300 $207,100
2021 $3,056 $229,800 $36,900 $192,900
2020 $2,278 $213,600 $36,400 $177,200
2019 $2,478 $164,700 $46,600 $118,100
2018 $2,248 $159,600 $41,500 $118,100
2017 $2,080 $146,000 $37,100 $108,900
2016 $2,020 $138,500 $35,000 $103,500
2015 $1,577 $115,400 $31,600 $83,800
2014 $1,577 $107,900 $29,400 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6032135

APN: 395001005460