NOT LISTED FOR SALE

4448 Martin Rd Duluth, MN 55803

Estimated Value: $171,000 - $407,524

7 Acres
$43,786 Price per Acre
311,018 Sq Ft Lot

Last Sold June 23, 2022

Last sale price $350,000

Est. 9% decrease in value since last sale

Current estimated payment $1,873/month

11 Days on Market

About This Lot

As of June 2022

ATTENTION DEVELOPERS! The possibilities are endless with this recently rezoned, mixed-use, 7.5-acre parcel of land. Located next to Kwik Trip and minutes from Boomtown Grill, this area is thriving and will soon be full of new development. Currently this beautifully wooded land hosts a mobile home, barns, and outbuilding. Future possibilities include multi-family residential homes, retail, office, medical, fitness, restaurants, lodging, or more.

Last Agent to Sell the Property

Tracy Ramsay

RE/MAX Results Listed on: 03/21/2022

RE/MAX Results

Last Buyer's Agent

Benjamin Funke

RE/MAX Results

RE/MAX Results

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,227

Lot Details

  • 7.14 Acre Lot
  • Lot Dimensions are 234x1324

Utilities

  • Private Company Owned Well
  • Private or Community Septic Tank

Community Details

  • No Home Owners Association

Property Details

Property Type

Land

Est. Annual Taxes

$1,227

Lot Details

0

Listing Details

  • Class: LOT/LAND
  • Directions: Head North on Rice Lake Rd. and take a right on Martin Rd.
  • L O1 Office Phone1 Number: 218-722-2811
  • List Price/ Sq Ft: 49019.61
  • Property Sub-Type: Commercial
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Available Utilities: Electric, Private Septic, Private Well
  • On Site Utilities: Electric, Private Septic, Private Well

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Duluth #709
  • Junior High Dist: Duluth #709

Lot Info

  • Geo Update Timestamp: 2022-03-21
  • Estimated Lot Dimensions: 234x1324
  • Estimated Number of Acres: 7.14
  • Cultivated Acreage: LSAR
  • Builder Restrictions: None
  • Geo Subdivision: MN
  • Land Improvements: Yes

Tax Info

  • Tax Amount: 1227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jun 21, 2022
Sold by
Jean Ball Jennifer
Bought by
Jarnot Landscaping Llc
Seller's Agent
Tracy Ramsay
RE/MAX Results
Buyer's Agent
Benjamin Funke
RE/MAX Results
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$318,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,775
Avg. Annual Appreciation
-5.49%
Original Mortgage
$262,500
Interest Rate
5.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 7, 2018
Sold by
Ball Jeannie F
Bought by
Ball Jennifer Jean

Purchase Details

Closed on
Apr 18, 2002
Sold by
Arkulary Steven P and Doane Helen M
Bought by
Ball Jeannie F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jarnot Landscaping Llc $350,000 St Louis Title
Ball Jennifer Jean -- None Available
Ball Jeannie F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Jarnot Landscaping Llc $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2022 06/23/22 Sold $350,000 0.0% --
04/01/2022 04/01/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $350,000 -- --
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 $1,390 $106,300 $72,800 $33,500
2022 $1,252 $101,400 $69,500 $31,900
2021 $1,196 $77,400 $41,800 $35,600
2020 $1,218 $74,600 $40,600 $34,000
2019 $1,206 $74,600 $40,600 $34,000
2018 $1,088 $74,000 $40,600 $33,400
2017 $958 $70,300 $39,100 $31,200
2016 $952 $60,100 $36,600 $23,500
2015 $883 $55,100 $33,800 $21,300
2014 $883 $55,100 $33,800 $21,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6101763

APN: 520001900062