NOT LISTED FOR SALE

4514 Island Lake Dr Duluth, MN 55803

Estimated Value: $425,000 - $707,594

4 Beds
3 Baths
3,320 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $372,500 $112 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,804/month

5 Days on Market

Highlights

  • Second Kitchen
  • RV Access or Parking
  • Vaulted Ceiling
  • Homecroft Elementary School Rated A-
  • Deck
  • Ranch Style House

About This Home

As of September 2019

Single Level Country Living at it's finest! Island Lake Drive welcomes you to this ideal 4 bedroom 3 bath ranch style home on nearly 5 acres with a paved drive. The main floor offers a spacious great room with vaulted wood ceilings and a brick fireplace, a master bedroom with a private bath & laundry plus access to the wrap around deck. Also on the main floor you will enjoy two additional bedrooms, a generous foyer and a dining area that leads into the kitchen. The lower level walkout enjoys all the features of a great mother-in-law apartment including a family room with a brick fireplace, a full kitchen, a bedroom, a den, a bathroom and a laundry room. All of this on a beautiful country lot close to a variety of outdoor recreational opportunities.

Last Agent to Sell the Property

Jonathan Thornton

RE/MAX Results Listed on: 07/23/2019

RE/MAX Results

Last Buyer's Agent

Conner Linde

Real Estate Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,159

Year Built

  • Built in 1962

Lot Details

  • 4.8 Acre Lot
  • Kennel
  • Partially Fenced Property
  • Lot Has A Rolling Slope
  • Landscaped with Trees

Home Design

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

Interior Spaces

  • Woodwork
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Wood Frame Window
  • Entrance Foyer
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Den
  • Lower Floor Utility Room
  • Utility Room
  • Property Views

Kitchen

  • Second Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck
  • Separate Outdoor Workshop

Utilities

  • Boiler Heating System
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Private Sewer
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 375-0023-00413

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,159

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Rice Lake Road, Left on Abbott Road, Left on Island Lake Drive
  • InternetOptions: DSL, Fiber Optic, Satellite
  • L O1 Office Phone1 Number: 218-722-2810
  • List Price/ Sq Ft: 112.2
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2019
  • View Type:Pond View: Typical
  • Lot Description Waterfront: No
  • Reso Association Amenities: Ceiling Fans, Garage Door Opener, Natural Woodwork, Vaulted Ceilings, Walk-In Closet, Beamed Ceilings, Foyer Entry, Main Floor Laundry, 2nd Floor Laundry, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Deck, Fenced Yard - Partial
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1880
  • Below Grade Finished Sq Ft: 1440
  • Garage Type: Attached, Detached
  • Heat: Boiler, Oil
  • Fireplaces: 2
  • Reso Roof: Asphalt Shingles
  • Room 10: Utility Room
  • Room 11: 2nd Kitchen
  • Room 12: Family Room
  • Bedroom 3: Kitchen
  • TotalBedrooms: 4
  • Year Built: 1962
  • Level 1 Bedroom: Main
  • RoomLevel10: Lower
  • RoomLevel11: Lower
  • RoomLevel12: Lower
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Main
  • RoomLevel7: Lower
  • RoomLevel8: Main
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Egress Windows, Finished, Walkout, Apartment, Bath, Bedrooms, Den/Office, Family/Rec Room, Fireplace, Kitchen, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • 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, Full Master, Full Main Floor
  • Formal Dining: Combine with Kitchen, Informal Dining Room
  • Extra Rooms: Den/Office, Family/Rec, Second Kitchen, Utility Room
  • Fireplace: Yes
  • Den Fireplace Type: Wood Burning
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Dining Room
  • Main Residence Features:Family Room4: Master Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Bedroom
  • Room 7: Bedroom
  • Room 8: Foyer
  • Room 9: Den/Office
  • Total Bathrooms: 3
  • Total Fin Square Footage: 3320
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Kennel, Workshop, Other Buildings
  • Road Frontage: Paved, Township
  • Construction Status: Previously Owned
  • Exterior: Wood
  • Window Features:Insulated Windows: Wood Frame

Garage/Parking

  • Parking Driveway: Off Street, RV Parking, Driveway - Asphalt
  • Garage Capacity: 6
  • ParkingFeaturesGarageDimensions: 24' x 24' +

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2019-07-24
  • Estimated Lot Dimensions: Irreg.
  • Estimated Number of Acres: 4.8
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium, Rolling
  • Parcel Number: 375-0023-00413

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 5159

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2019
Closed on
Aug 30, 2019
Sold by
Clark Roberta D
Bought by
Forstner Lynnae
Seller's Agent
Jonathan Thornton
RE/MAX Results
Buyer's Agent
Conner Linde
Real Estate Consultants
List Price
$372,500
Sold Price
$372,500
Current Estimated Value
$595,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,149
Avg. Annual Appreciation
7.70%
Original Mortgage
$364,462
Outstanding Balance
$323,317
Interest Rate
3.7%
Mortgage Type
VA
Estimated Equity
$257,608
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
Forstner Lynnae $372,500 North Shore Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forstner Lynnae $364,462
Previous Owner Clark Roberta D $285,000
Previous Owner Clark Roberta D $35,764
Previous Owner Clark Roberta D $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $372,500 0.0% $112 / Sq Ft
07/28/2019 07/28/19 Pending -- -- --
07/23/2019 07/23/19 For Sale $372,500 -- $112 / 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 $6,784 $544,900 $74,800 $470,100
2022 $5,202 $476,400 $72,300 $404,100
2021 $5,634 $403,600 $65,900 $337,700
2020 $5,782 $440,300 $38,000 $402,300
2019 $5,528 $440,300 $38,000 $402,300
2018 $5,184 $429,000 $38,000 $391,000
2017 $4,664 $429,000 $38,000 $391,000
2016 $4,024 $379,200 $38,000 $341,200
2015 $3,668 $304,000 $38,600 $265,400
2014 $3,668 $282,000 $37,600 $244,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6085013

APN: 375002300413