NOT LISTED FOR SALE

4081 Lavaque Rd Hermantown, MN 55811

Estimated Value: $484,000 - $541,415

4 Beds
2 Baths
2,399 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 25, 2022

Last sale price $400,000 $167 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,209/month

22 Days on Market

Highlights

  • 2.15 Acre Lot
  • Deck
  • No HOA
  • Hermantown Elementary School Rated A-
  • Ranch Style House
  • Wood Frame Window

About This Home

As of August 2022

Welcome to this move in ready 4-bedroom home set back from the street on a private setting that is just over 2 acres in lot size! All the interior paint colors are warm and welcoming and just naturally make it feel like ‘home’. The main floor features 3 bedrooms, a full bathroom, a combo kitchen/dining room featuring maple cabinets and stainless-steel appliances, living room, and the best feature of all, a HUGE family room on the main floor with a modern electric fireplace that can be turned on for ambiance and snuggled up to on the chilly nights. The lower level features the 4th bedroom, a nice ¾ bathroom, and another family/living room space which would also make a great office or workout area. Additional bonus of the lower level is a large workshop, formerly the tuck under garage, with a walk-out door to the yard. Outside, there is a private deck along the back of the house, a newer 2 car detached garage and a storage shed. The garage is partially insulated, has electricity, and plumbed with a gas line for a heater. There is city water and sewer and a well on the property. All of this located in the Hermantown school district! This home is sure to check all the boxes for your next move.

Last Agent to Sell the Property

Alicia Lokke

Messina & Associates Real Estate Listed on: 07/05/2022

Last Buyer's Agent

Doug Freeman

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,801

Year Built

  • Built in 1980

Lot Details

  • 2.15 Acre Lot
  • Lot Dimensions are 200x469
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • Ceiling Fan
  • Electric Fireplace
  • Wood Frame Window
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Tile Flooring
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom
  • Basement Window Egress

Parking

  • 2 Car Detached Garage
  • Insulated Garage
  • Garage Drain

Outdoor Features

  • Deck
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Drilled Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0010-05812

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,801

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Lavaque Road just south of Maple Grove Road.
  • L O1 Office Phone1 Number: 218-728-4436
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Ceiling Fans, Tiled Floors, Patio Door
  • Amenities Exterior: Deck
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1864
  • Below Grade Finished Sq Ft: 535
  • Garage Type: Detached
  • Heat: Fireplace, Forced Air, Natural Gas, Electric
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Room 10: Bathroom
  • Room 11: Family Room
  • Room 12: Storage Room
  • Bedroom 3: Bathroom
  • TotalBedrooms: 4
  • Year Built: 1980
  • Level 1 Bedroom: Main
  • RoomLevel10: Basement
  • RoomLevel11: Basement
  • RoomLevel12: Basement
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Main
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Microwave, Refrigerator, Range/Stove
  • Basement Features: Egress Windows, Finished, Partially Finished, Walkout, Bath, Bedrooms, Family/Rec Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Basement, Full Master
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Extra Rooms: Family/Rec
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Living Room
  • Room 7: Bedroom
  • Room 8: Laundry Room
  • Room 9: Bedroom
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2399
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Garage Features: Drains, Insulation, Slab
  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: City, Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: 200x469
  • Estimated Number of Acres: 2.15
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 395-0010-05812

Rental Info

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

Tax Info

  • Tax Amount: 3801

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 22, 2022
Sold by
Alan Lockhart Mark and Joy Stacie
Bought by
Golen Lonnie Kyle and Golan Jade Mauriana
Seller's Agent
Alicia Lokke
Messina & Associates Real Estate
Buyer's Agent
Doug Freeman
RE/MAX Results
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$513,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,854
Avg. Annual Appreciation
7.99%
Original Mortgage
$320,000
Outstanding Balance
$304,990
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$208,864

Purchase Details

Closed on
Oct 9, 2020
Sold by
Lockhart Keith G and Lockhart Deborah J
Bought by
Lockhart Mark Alan and Lockhart Stacie Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2010
Sold by
Premier Three Developers Inc
Bought by
Lockhart Keith G and Lockhart Deborah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2010
Sold by
Equitymax Inc
Bought by
Mickelson Ryan and Mickelson Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2009
Sold by
Mickelson Ryan and Mickelson Joanna
Bought by
Premier Three Developers Inc

Purchase Details

Closed on
Feb 8, 2009
Sold by
Mickelson Ryan and Mickelson Joanna
Bought by
Equitymax Inc

Purchase Details

Closed on
Nov 6, 2007
Sold by
Giernot Bruno and Giernot Erma
Bought by
Mickelson Ryan and Mickelson Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.27%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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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
Golen Lonnie Kyle $400,000 First American Title
Lockhart Mark Alan $280,000 First American Title Ins Co
Lockhart Keith G $180,000 Consolidated Title
Mickelson Ryan -- Rels Title
Premier Three Developers Inc $80,000 Rels
Equitymax Inc $94,861 None Available
Mickelson Ryan $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golen Lonnie Kyle $320,000
Previous Owner Lockhart Mark Alan $184,000
Previous Owner Lockhart Keith G $130,000
Previous Owner Mickelson Ryan $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $400,000 0.0% $167 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $400,000 -- $167 / 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 $6,032 $445,600 $70,500 $375,100
2023 $6,032 $405,200 $63,100 $342,100
2022 $3,826 $278,200 $58,500 $219,700
2021 $3,728 $254,100 $57,000 $197,100
2020 $2,726 $254,100 $57,000 $197,100
2019 $2,652 $172,000 $35,600 $136,400
2018 $2,458 $170,600 $34,200 $136,400
2017 $2,302 $158,600 $33,000 $125,600
2016 $2,022 $152,000 $32,500 $119,500
2015 $1,803 $130,800 $48,800 $82,000
2014 $1,803 $124,300 $46,200 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6104132

APN: 395001005812