NOT LISTED FOR SALE

4577 Island Lake Dr Duluth, MN 55803

Estimated Value: $242,000 - $641,000

3 Beds
2 Baths
2,200 Sq Ft
$178/Sq Ft Est. Value

Last Sold July 11, 2017

Last sale price $415,000 $189 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,320/month

33 Days on Market

Highlights

  • 150 Feet of Waterfront
  • Docks
  • Sauna
  • Homecroft Elementary School Rated A-
  • Spa
  • Bay View

About This Home

As of July 2017

Private land on Island Lake!! Enjoy lake life including fishing, water sports & beautiful sunsets! Very nice 3 Br 2 bath ranch. New kitchen with granite countertops, birch cabinets & tile flooring. Stainless sink, newer stove, microwave, dishwasher & refrigerator. Living room with wood flooring & panoramic lake view. New full bathroom, 3 spacious bedrooms. Great views!! New dock & stairs leading to water. You will love the wood burning sauna with additional room for entertaining. Brand new brick patio, new deck off back of home & new stainless steel cable railing on front deck. Central air, Lower level family room & office. Mud room & 3 car detached garage. Conveniently located only 15 minutes to mall area.

Last Agent to Sell the Property

Ken Truscott

Truscott Northland Realty Listed on: 05/05/2017

Co-Listed By

Jan Truscott

Truscott Northland Realty

Last Buyer's Agent

Sandy Plante

Edina Realty, Inc. - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 1965

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 150 x 260
  • 150 Feet of Waterfront
  • Lake Front
  • Property fronts a county road
  • Landscaped with Trees

Property Views

  • Bay
  • Lake
  • Panoramic

Home Design

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

Interior Spaces

  • Mud Room
  • Family Room
  • Living Room
  • Den
  • Lower Floor Utility Room
  • Utility Room
  • Sauna
  • Tile Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Patio
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 375-0023-00230

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,042

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: North on Hwy 4 to Abbott Road (northern most Abbott Rd access) then West to Island Lake Drive.
  • L O1 Office Phone1 Number: 218-726-1255
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2016
  • View Type:Pond View: Inland Lake, Bay, Panoramic
  • Lot Description Waterfront: Yes
  • Air Conditioner: Central
  • Reso Association Amenities: Garage Door Opener, Kitchen Center Island, Sauna, Tiled Floors, Cable TV
  • Amenities Exterior: Deck, Dock, Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1224
  • Below Grade Finished Sq Ft: 976
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Master Bedroom
  • TotalBedrooms: 3
  • Year Built: 1965
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Lower
  • RoomLevel7: Main
  • RoomLevel8: Lower
  • RoomLevel9: Lower
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Microwave
  • Basement Features: Finished, Walkout, Family/Rec Room, Utility Room
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom 1 Level: Main
  • Level 2 Three Quarter Bathrooms: Lower
  • Bathroom Description: 3/4 Basement, Full Main Floor
  • Extra Rooms: Family/Rec, Spa/Sauna, Utility Room
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Bedroom
  • Stories: 1 Story
  • Room 6: Family Room
  • Room 8: Den/Office
  • Room 9: Mud Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2200
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Sauna, Storage Shed
  • Road Frontage: County, Paved, Street Lights
  • Water Frontage In Feet: 150
  • Waterfront Name: Island
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Off Street, Driveway - Asphalt
  • Garage Capacity: 3

Utilities

  • Power Company: Coop Power & Light
  • Sewer: Private
  • Water: Private

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 150 x 260
  • Estimated Number of Acres: 0.9
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Medium
  • Parcel Number: 375-0023-00230
  • Waterfront Type: Inland Lake

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 3042

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2012
Closed on
Jul 20, 2012
Sold by
Farwell John Howard
Bought by
Holte Robert D and Holte Lisa M
Seller's Agent
Jack Singler
Adolphson Real Estate
Buyer's Agent
Jan Truscott
Prudential Truscott Northland
List Price
$329,900
Sold Price
$305,000
Premium/Discount to List
-$24,900
-7.55%
Current Estimated Value
$391,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,506
Avg. Annual Appreciation
1.88%
Original Mortgage
$311,550
Outstanding Balance
$214,083
Interest Rate
3.65%
Mortgage Type
VA
Estimated Equity
$177,423

Purchase Details

Closed on
Jun 23, 2003
Sold by
Reimer Miles J and Reimer Christine A
Bought by
Schuler Bryan D and Anderegg Amy B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holte Robert D $305,000 Rels
Schuler Bryan D $93,000 Consolidated Title & Abstrac
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holte Robert D $311,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2017 07/11/17 Sold $415,000 0.0% $189 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $415,000 +36.1% $189 / Sq Ft
07/20/2012 07/20/12 Sold $305,000 -7.5% $146 / Sq Ft View Prior Sale
06/07/2012 06/07/12 Pending -- -- --
04/18/2012 04/18/12 For Sale $329,900 -- $158 / 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
2024 $3,156 $310,300 $96,700 $213,600
2023 $3,156 $297,100 $92,700 $204,400
2022 $3,214 $302,500 $92,700 $209,800
2021 $3,270 $254,700 $78,900 $175,800
2020 $3,354 $260,700 $71,800 $188,900
2019 $3,292 $260,700 $71,800 $188,900
2018 $3,084 $260,700 $71,800 $188,900
2017 $3,148 $260,700 $71,800 $188,900
2016 $3,042 $260,700 $71,800 $188,900
2015 $2,684 $226,000 $63,100 $162,900
2014 $2,684 $206,600 $66,000 $140,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6028653

APN: 375002300230