NOT LISTED FOR SALE

4475 Midway Rd Hermantown, MN 55811

Estimated Value: $262,877 - $287,000

3 Beds
2 Baths
924 Sq Ft
$293/Sq Ft Est. Value

Last Sold October 28, 2015

Last sale price $131,000 $142 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,641/month

33 Days on Market

Highlights

  • Spa
  • RV Access or Parking
  • Wood Flooring
  • Hermantown Elementary School Rated A-
  • 5 Acre Lot
  • 4-minute walk to Rose Road Field

About This Home

As of October 2015

Truly tranquil setting in Hermantown on just under 5 acres. The home has been added on to a few times and has multiple foundation styles. The original home has a crawl space under the kitchen floor where you can find the mechanicals. The garage was recently built. There is some work needed on the home or you can live in it for a few years while you build your dream home behind it. The new mound septic system is being installed on September first of this year and potential buyers can choose the placement. The hot tub and appliances all stay with the property.

Last Agent to Sell the Property

Mike Jorgensen

Edina Realty, Inc. - Duluth Listed on: 08/14/2015

Edina Realty, Inc. - Duluth

Co-Listed By

Matt Janousek

Edina Realty, Inc. - Duluth

Last Buyer's Agent

Mike Jorgensen

Edina Realty, Inc. - Duluth Listed on: 08/14/2015

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1930

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 165 x 1300
  • Landscaped with Trees

Home Design

  • Bungalow
  • Poured Concrete
  • Concrete Block And Stucco Construction
  • Cement Board or Planked

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Basement

  • Sump Pump
  • Crawl Space

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • RV Access or Parking

Outdoor Features

  • Spa
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Private Water Source
  • Electric Water Heater
  • Fuel Tank
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 395-0010-02090

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N on Midway Rd to home on left.
  • L O1 Office Phone1 Number: 218-728-7700
  • List Price/ Sq Ft: 141.77
  • Property Sub-Type: SF/Detached
  • Tax Year: 2015
  • Lot Description Waterfront: No
  • Reso Association Amenities: Eat-In Kitchen, Hardwood Floors, Hot Tub, Tiled Floors, Cable TV, Washer Hook-Ups
  • Amenities Exterior: Hot Tub
  • Mfg And Park Info Construction Type: Concrete Block, Poured Concrete
  • FinFootageAboveGrade: 924
  • Garage Type: Detached
  • Heat: Forced Air, Wood, Oil
  • Bedroom 3: Bedroom
  • TotalBedrooms: 3
  • Year Built: 1930
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Cooktop, Dryer, Exhaust Fan/Hood, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Material: Other
  • Estimated Basement Sq Ft: 924
  • Basement Style: Crawl Space
  • Bathroom 1 Level: Main
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Total Bathrooms: 1
  • Total Fin Square Footage: 924
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Construction Status: Previously Owned
  • Exterior: Cement Board

Garage/Parking

  • Parking Driveway: RV Parking, Driveway - Gravel
  • Garage Capacity: 2

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2015-10-28
  • Estimated Lot Dimensions: 165 x 1300
  • Estimated Number of Acres: 5
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Landscaped, Tree Coverage - Medium
  • Parcel Number: 395-0010-02090

Rental Info

  • Lease Terms: Cash, Conventional, USDA

Tax Info

  • Tax Amount: 973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 28, 2015
Sold by
Curtis Monson Kim S and Monson Michael G
Bought by
Giddings Michael D and Balaich Aili A
Seller's Agent
Mike Jorgensen
Edina Realty, Inc. - Duluth
Buyer's Agent
Mike Jorgensen
Edina Realty, Inc. - Duluth
List Price
$131,000
Sold Price
$131,000
Current Estimated Value
$270,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,719
Avg. Annual Appreciation
7.81%
Original Mortgage
$124,450
Outstanding Balance
$99,480
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$171,239
Source: Public Records

Range of Values:

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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
Giddings Michael D $131,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giddings Michael D $124,450
Previous Owner Curtis Monson Kim S $75,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $131,000 0.0% $142 / Sq Ft
09/16/2015 09/16/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $131,000 -- $142 / 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 $2,446 $169,900 $67,800 $102,100
2022 $2,250 $159,500 $63,200 $96,300
2021 $2,136 $152,000 $62,300 $89,700
2020 $2,240 $148,300 $61,100 $87,200
2019 $1,948 $156,100 $79,000 $77,100
2018 $1,708 $146,700 $69,600 $77,100
2017 $1,552 $132,600 $61,600 $71,000
2016 $1,200 $125,400 $57,800 $67,600
2015 $998 $66,200 $30,600 $35,600
2014 $905 $61,000 $28,000 $33,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6017896

APN: 395001002090