NOT LISTED FOR SALE

4006 Five Corners Rd Hermantown, MN 55811

Estimated Value: $608,000 - $845,000

3 Beds
2.5 Baths
2,845 Sq Ft
$239/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $540,000 $190 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,250/month

14 Days on Market

Highlights

  • Heated Floors
  • 8.98 Acre Lot
  • Recreation Room
  • Hermantown Elementary School Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2022

HERMANTOWN LOCATION! This amazing home is a rare find situated on 8.98 secluded acres. Welcome to this 3+ bedroom, 3 bathroom home with large inviting foyer with tiled flooring and french doors leading in to bright den or perfect office area. The living room has very high vaulted ceilings, a beautiful wood staircase and a gas fireplace. There are tons of windows and an open layout concept allowing natural light to flow throughout the home. The kitchen offers a breakfast bar, ample amount of storage, under cabinet lighting and tiled flooring. Enjoy the french door leading to your huge private deck and back yard. The master suite also with vaulted ceiling, walk in closet and spacious private bath. Main level extras to enjoy include air conditioning split unit, main floor laundry, built ins, walk in storage closets and an attached over sized 2 stall heated garage. The second level has 2 bedrooms and a full bath and more storage closets. There is plenty of space for everyone in the family room with cabinets & wet bar area, plus a huge additional bonus room. The outside does not disappoint with covered front porch, maintenance free exterior, a nice big yard, long private driveway and a shed as well.

Last Agent to Sell the Property

Lynn Larson

Century 21 Atwood Listed on: 01/25/2022

Last Buyer's Agent

Len Sarvela

Real Estate Masters LTD

Real Estate Masters LTD

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,936

Year Built

  • Built in 2004

Lot Details

  • 8.98 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,845 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Heated Floors

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • Bathtub With Separate Shower Stall

Utilities

  • Boiler Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05500 & 05509

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,936

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Maple Grove Road to Five Corners Rd.
  • L O1 Office Phone1 Number: 218-722-8221
  • Property Sub-Type: SF/Detached
  • Tax Year: 2021
  • Lot Description Waterfront: No
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 2845
  • Garage Type: Attached
  • Heat: Boiler, Fireplace, In Floor, Propane, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Room 10: Bonus Room
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 2004
  • Level 1 Bedroom: Main
  • RoomLevel10: Second Floor
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Second Floor
  • RoomLevel8: Second Floor
  • RoomLevel9: Second Floor
  • Property Style: Contemporary
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: N/A
  • Basement Style: None
  • Bathroom Description: 1/2 Main Floor, Private Master, Separate Tub & Shower, Full Upper
  • Fireplace: Yes
  • Den Fireplace Type: Gas
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Utility Room
  • Stories: 3.25 - 3.75 Story
  • Room 6: Master Bedroom
  • Room 7: Bedroom
  • Room 8: Bedroom
  • Room 9: Rec Room
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2845
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Garage Capacity: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: 440x1050 irregular
  • Estimated Number of Acres: 8.98
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0010-05500 & 05509

Tax Info

  • Tax Amount: 5936

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Mar 31, 2022
Sold by
Bolen Troy C and Bolen Sarah J
Bought by
Helgeson Emily and Helgeson Saul
Seller's Agent
Lynn Larson
Century 21 Atwood
Buyer's Agent
Len Sarvela
Real Estate Masters LTD
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$681,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,182
Avg. Annual Appreciation
6.53%
Original Mortgage
$432,000
Outstanding Balance
$403,491
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$277,691

Purchase Details

Closed on
Nov 21, 2007
Sold by
Cortese Todd and Cortese Karin
Bought by
Bolen Troy C and Bolen Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Helgeson Emily $540,000 First American Title
Bolen Troy C $335,000 Rels Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Helgeson Emily $432,000
Previous Owner Bolen Troy C $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $540,000 0.0% $190 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $540,000 -- $190 / 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
2024 $7,966 $566,100 $78,400 $487,700
2023 $7,966 $525,400 $73,400 $452,000
2022 $6,222 $419,700 $63,800 $355,900
2021 $5,888 $394,300 $62,800 $331,500
2020 $6,540 $383,800 $61,600 $322,200
2019 $6,344 $414,800 $54,100 $360,700
2018 $5,796 $410,700 $50,000 $360,700
2017 $5,370 $378,900 $46,500 $332,400
2016 $4,998 $361,000 $44,700 $316,300
2015 $4,085 $299,500 $46,400 $253,100
2014 $4,085 $282,900 $43,300 $239,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101173

APN: 395001005509