NOT LISTED FOR SALE

4462 Lavaque Rd Hermantown, MN 55811

Estimated Value: $276,000 - $328,044

2 Beds
1 Bath
852 Sq Ft
$358/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $195,000 $229 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,928/month

2 Days on Market

Highlights

  • Multiple Garages
  • RV Access or Parking
  • Wood Flooring
  • Hermantown Elementary School Rated A-
  • 2.77 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of June 2020

Check out this conveniently located expansion bungalow! Exterior of the home is in great condition with steel siding, newer windows and doors. Interior of the home is dated with 2 bedrooms and 1 full bath all on the main floor. The furnace, A/C and electrical however are newer! The expansion could be finished into a 3rd bedroom. There is an attached 2 car garage through a breezeway plus a 22x42 detached garage, an old garage, and a newer very nice 2 story shed with heat and electric. All of this sits on approximately 2.7 acres close to Hwy 53.

Last Agent to Sell the Property

Jon Nelson

Market Point Real Estate Listed on: 05/12/2020

Last Buyer's Agent

Jamie Sathers-Day

JS Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,937

Year Built

  • Built in 1951

Lot Details

  • 2.77 Acre Lot
  • Elevated Lot
  • Corner Lot
  • Level Lot

Home Design

  • Bungalow
  • Poured Concrete
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Steel Siding

Interior Spaces

  • 852 Sq Ft Home
  • Multi-Level Property
  • Bay Window
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • 6 Car Garage
  • Multiple Garages
  • Gravel Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Enclosed patio or porch
  • Separate Outdoor Workshop
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Dug Well
  • Mound Septic

Listing and Financial Details

  • Assessor Parcel Number 395-0078-00060

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,937

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Hwy 53, left on Lavaque Rd to house on the left
  • L O1 Office Phone1 Number: 218-464-8053
  • List Price/ Sq Ft: 228.87
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Reso Association Amenities: Hardwood Floors, Dryer Hook-Ups, Washer Hook-Ups
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 852
  • Garage Type: Attached, Detached, Multiple
  • Heat: Forced Air, Natural Gas
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1951
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Second Floor
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Features: Unfinished, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Poured Concrete
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Formal Dining: Eat-In Kitchen
  • Extra Rooms: Enclosed Porch
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bonus Room
  • Stories: 1.25 - 1.75 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 852
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed, Workshop, Other Buildings
  • Road Frontage: City
  • Construction Status: Previously Owned
  • Exterior: Steel
  • Window Features:Insulated Windows: Bay Window

Garage/Parking

  • Parking Driveway: Off Street, RV Parking, Driveway - Gravel
  • Garage Capacity: 6

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound
  • Water: Dug

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-05-12
  • Estimated Lot Dimensions: 309 x 390 (approx)
  • Estimated Number of Acres: 2.77
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Corner Lot, High, Level
  • Parcel Number: 395-0078-00060

Rental Info

  • Lease Terms: Cash, Conventional

Tax Info

  • Tax Amount: 1937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 30, 2020
Sold by
Amborn Reid M and Amborn Erica N
Bought by
K & W Builders Inc
Seller's Agent
Jon Nelson
Market Point Real Estate
Buyer's Agent
Jamie Sathers-Day
JS Realty
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$299,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,149
Avg. Annual Appreciation
8.14%
Original Mortgage
$156,000
Outstanding Balance
$139,863
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$151,271
Source: Public Records

Range of Values:

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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
K & W Builders Inc $195,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & W Builders Inc $40,000
Open K & W Builders Inc $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $195,000 0.0% $229 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $195,000 -- $229 / 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 $3,478 $228,900 $59,000 $169,900
2022 $3,024 $206,900 $58,400 $148,500
2021 $3,204 $190,000 $56,800 $133,200
2020 $1,962 $206,800 $56,800 $150,000
2019 $1,890 $145,400 $40,900 $104,500
2018 $1,720 $143,300 $38,800 $104,500
2017 $1,588 $133,300 $37,000 $96,300
2016 $1,470 $127,600 $36,100 $91,500
2015 $1,659 $121,400 $39,400 $82,000
2014 $1,659 $113,600 $36,700 $76,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089923

APN: 395007800060