NOT LISTED FOR SALE

4518 Lavaque Bypass Rd Hermantown, MN 55811

Estimated Value: $239,000 - $351,000

3 Beds
1 Bath
1,252 Sq Ft
$228/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $230,000 $184 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,854/month

39 Days on Market

Highlights

  • 2.55 Acre Lot
  • Main Floor Primary Bedroom
  • 4 Car Detached Garage
  • Hermantown Elementary School Rated A-
  • No HOA
  • Living Room

About This Home

As of July 2022

Beautiful brick home on over two acres in Hermantown! Property features a nice layout, two main-floor bedrooms and a bath, and one large upstairs bedroom that could work as a separate living space, flex room, or bedroom. Outbuildings include one oversized two-stall garage with room for all your hobbies and an older garage for everything else. The roofs on all structures (home and both garages) were replaced in 2020. This property also features air-conditioning, 200amp service to the house, a new furnace (2020), and an apple tree in the backyard. On top of all this, the property is already zoned for commercial use, meaning countless opportunities for how the new owners would like to use it. Don't miss your chance to see this one!

Last Agent to Sell the Property

Conner Linde

Real Estate Consultants Listed on: 05/05/2022

Last Buyer's Agent

Justin May

Messina & Associates Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,099

Year Built

  • Built in 1955

Lot Details

  • 2.55 Acre Lot
  • Lot Dimensions are 175x634

Parking

  • 4 Car Detached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Concrete Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,252 Sq Ft Home
  • Entryway
  • Living Room
  • Dining Room
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Mound Septic
  • Private Sewer

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 395-0106-00010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,099

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Travel north on Hwy 53 until you reach the Ugstad/Lavaque Byp intersection. Turn right. House is the second home on the right hand side of the road.
  • L O1 Office Phone1 Number: 218-724-9000
  • List Price/ Sq Ft: 183.71
  • Property Sub-Type: SF/Detached
  • Tax Year: 2022
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1252
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Bedroom 3: Dining Room
  • TotalBedrooms: 3
  • Year Built: 1955
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Upper
  • RoomLevel7: Main
  • RoomLevel8: Main
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: Full Main Floor
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Living Room
  • Bathroom 2: Kitchen
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1.25 - 1.75 Story
  • Room 6: Bedroom
  • Room 7: Entry
  • Room 8: Bathroom
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1252
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Brick

Garage/Parking

  • Garage Capacity: 4

Utilities

  • Power Company: Minnesota Power
  • Sewer: Mound, Private
  • Water: City

Condo/Co-op/Association

  • Association Fee: No

Schools

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

Lot Info

  • Geo Update Timestamp: 2022-05-05
  • Estimated Lot Dimensions: 175x634
  • Estimated Number of Acres: 2.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 395-0106-00010

Tax Info

  • Tax Amount: 3099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 15, 2022
Sold by
Torfin Dewayne D and Torfin Carol
Bought by
Dc Enterprises Of Duluth Llc
Seller's Agent
Conner Linde
Real Estate Consultants
Buyer's Agent
Justin May
Messina & Associates Real Estate
List Price
$230,000
Sold Price
$230,000
Current Estimated Value
$285,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,851
Avg. Annual Appreciation
7.10%
Original Mortgage
$15,000
Outstanding Balance
$11,911
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$269,289

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 13, 2022
Sold by
Dc Enterprises Of Duluth Llc
Bought by
Shelton Dylan and Ganz Vanessa
Seller's Agent
Conner Linde
Real Estate Consultants
Buyer's Agent
Justin May
Messina & Associates Real Estate
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Outstanding Balance
$11,911
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$269,289

Purchase Details

Closed on
Oct 24, 2018
Sold by
Fagan Curt and Fagan Renee
Bought by
Dc Enterprises Of Duluth L L C

Purchase Details

Closed on
Feb 15, 2013
Sold by
Torfin Dewayne D and Torfin Carol
Bought by
Fagan Curtis E and Leveille David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,800
Interest Rate
3.38%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 29, 2011
Sold by
Usande Llc
Bought by
27 West First Street Llc

Purchase Details

Closed on
Mar 7, 2007
Sold by
Torfin Dewayne D and Torfin Carol
Bought by
Usande Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 11, 2005
Sold by
Carlson Peter A
Bought by
Torfin Dewayne D
Source: Public Records

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Range of Values:

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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
Dc Enterprises Of Duluth Llc $146,800 North Shore Title
Shelton Dylan $230,000 North Shore Title
Dc Enterprises Of Duluth L L C -- None Available
Dc Enterprises Of Duluth L L C $110,513 None Available
Fagan Curtis E $146,800 None Available
27 West First Street Llc -- None Available
Usande Llc $170,000 Arrowhead A&T
Torfin Dewayne D $160,000 Arrowhead Abstract & Title C
Carlson Gloria M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ganz Vanessa $15,000
Open Shelton Dylan $223,100
Previous Owner Fagan Curtis E $139,800
Previous Owner Usande Llc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2022 07/15/22 Sold $230,000 0.0% $184 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
05/05/2022 05/05/22 For Sale $230,000 -- $184 / 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 $3,144 $223,000 $42,100 $180,900
2022 $3,124 $208,300 $39,900 $168,400
2021 $2,968 $196,300 $39,500 $156,800
2020 $2,708 $191,400 $38,900 $152,500
2019 $2,628 $170,900 $38,200 $132,700
2018 $2,438 $169,100 $36,400 $132,700
2017 $2,280 $157,300 $35,000 $122,300
2016 $2,124 $150,500 $34,300 $116,200
2015 $2,191 $159,000 $42,900 $116,100
2014 $2,191 $151,300 $40,700 $110,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Conner Linde

    Real Estate Consultants

    (218) 343-3107

    11 in this area

    130 Total Sales

    Conner Linde
    Section Image

  • J

    Buyer's Agent in 2022

    Justin May

    Messina & Associates Real Estate

    (218) 728-4436

    5 in this area

    47 Total Sales

    Justin May
    Section Image
See All Agents

Map

Source: Lake Superior Area REALTORS®

MLS Number: 6102625

APN: 395010600010

Minnesota St Louis County Hermantown 55811

4518 Lavaque Bypass Rd, Hermantown, MN

This home is located at 4518 Lavaque Bypass Rd, Hermantown, MN 55811 since 05 May 2022 and is currently estimated at $285,851, approximately $228 per square foot. This property was built in 1955. 4518 Lavaque Bypass Rd is a home located in St. Louis County with nearby schools including Hermantown Elementary School, Hermantown Middle School, and Hermantown Middle - Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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