NOT LISTED FOR SALE

4061 Midway Rd Hermantown, MN 55810

Estimated Value: $440,192 - $551,000

4 Beds
3 Baths
2,243 Sq Ft
$218/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $314,000 $140 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,156/month

4 Days on Market

Highlights

  • Spa
  • Sauna
  • Deck
  • Hermantown Elementary School Rated A-
  • 5.58 Acre Lot
  • Ranch Style House

About This Home

As of October 2019

Tucked off Midway road on a picturesque setting is this 4-bedroom home on 5+ acres. You're greeted by country charm as you arrive with the windmill in the front yard, the decorative fence along the driveway, and towering mature trees surrounding an open yard. The landscaped front patio leads you to the welcoming front entry. As you enter, you will see how well thought out this floor plan is. The kitchen has new appliances and countertops and opens up into the dining and living room space with patio doors to the back deck. There are 3 bedrooms located on the main level, including the master bedroom that features a ¾ bath, and another full bath on this level. Also, for your convenience, main floor laundry! Downstairs is a cozy place to hang out with a large family room with pellet stove and built in storage. The 4th bedroom is located on the lower level, as well as a ¾ bath with a sauna! This home has closets everywhere as well as a storage/utility room downstairs. An attached 2 car heated garage is great for our cold winters. A huge plus is the detached 24x30 heated garage, also known as ‘The General Store.’ Currently being used as a man cave and storage for toys, this garage can be used as you please! Hermantown school district and access to state snowmobile trail is just across the road. This home checks all the boxes!

Last Agent to Sell the Property

Alicia Lokke

Messina & Associates Real Estate Listed on: 08/27/2019

Last Buyer's Agent

Elyse Strapple

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,901

Year Built

  • Built in 1990

Lot Details

  • 5.58 Acre Lot
  • Kennel
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Modular or Manufactured Materials

Interior Spaces

  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room
  • Sauna
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Baseboard Heating
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Water Softener is Owned
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05057

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,901

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Midway Road, just east of the Maple Grove round about on the north side of the road.
  • L O1 Office Phone1 Number: 218-728-4436
  • List Price/ Sq Ft: 139.99
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • Twp Number: 50
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: Wall
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Hardwood Floors, Sauna, Tiled Floors, Patio Door, Main Floor Laundry
  • Amenities Exterior: Deck, Patio
  • Mfg And Park Info Construction Type: Modular
  • FinFootageAboveGrade: 1248
  • Below Grade Finished Sq Ft: 995
  • Garage Type: Attached, Detached
  • Heat: Baseboard, Fireplace, Forced Air, Oil
  • Fireplaces: 1
  • Reso Roof: Asphalt Shingles
  • Room 10: Spa/Sauna
  • Bedroom 3: Other
  • TotalBedrooms: 4
  • Year Built: 1990
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 2
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Bath, Bedrooms, Family/Rec Room, Fireplace, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Main
  • Bathroom 3 Level: Lower
  • Bathroom Description: 3/4 Basement, 3/4 Master, Full Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Family/Rec, Spa/Sauna, Storage Room, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Pellet
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Laundry Room
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Master Bedroom
  • Room 8: Family Room
  • Room 9: Bedroom
  • Total Bathrooms: 3
  • Total Fin Square Footage: 2243
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Kennel
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Brick, Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Capacity: 4
  • ParkingFeaturesGarageDimensions: 24x30 and 24x30

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-08-27
  • Estimated Lot Dimensions: Unknown
  • Estimated Number of Acres: 5.58
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium
  • Parcel Number: 395-0010-05057

Rental Info

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

Tax Info

  • Tax Amount: 3901

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2019
Closed on
Oct 18, 2019
Sold by
Collins Perry C and Collins Karen D
Bought by
Kotter Max R
Seller's Agent
Alicia Lokke
Messina & Associates Real Estate
Buyer's Agent
Elyse Strapple
RE/MAX Results
List Price
$314,000
Sold Price
$314,000
Current Estimated Value
$489,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,298
Avg. Annual Appreciation
8.14%
Original Mortgage
$251,200
Outstanding Balance
$222,533
Interest Rate
3.4%
Estimated Equity
$266,765

Purchase Details

Closed on
Mar 13, 2009
Sold by
Radovich David W and Radovich Margaret
Bought by
Collins Perry C and Collins Karen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,950
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
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
Kotter Max R $314,000 North Shore Title Llc
Collins Perry C $243,500 Arrowhead Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotter Max R $251,200
Previous Owner Collins Karen D $25,000
Previous Owner Collins Karen D $205,000
Previous Owner Collins Perry C $206,950
Previous Owner Radovich David W $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2019 10/18/19 Sold $314,000 0.0% $140 / Sq Ft
08/31/2019 08/31/19 Pending -- -- --
08/27/2019 08/27/19 For Sale $314,000 -- $140 / 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 $5,168 $344,500 $70,200 $274,300
2022 $4,710 $324,500 $65,900 $258,600
2021 $4,462 $305,800 $65,000 $240,800
2020 $4,062 $298,100 $63,900 $234,200
2019 $3,926 $269,000 $49,500 $219,500
2018 $3,574 $265,500 $46,000 $219,500
2017 $3,314 $245,100 $43,000 $202,100
2016 $3,080 $234,100 $41,600 $192,500
2015 $2,802 $205,600 $48,000 $157,600
2014 $2,802 $193,400 $44,700 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085884

APN: 395001005057