NOT LISTED FOR SALE

4587 Midway Rd Hermantown, MN 55811

Estimated Value: $195,000 - $267,000

1 Bed
1 Bath
589 Sq Ft
$385/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $142,500 $242 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,277/month

1 Day on Market

Highlights

  • Main Floor Primary Bedroom
  • Den
  • Woodwork
  • Hermantown Elementary School Rated A-
  • Lower Floor Utility Room
  • Patio

About This Home

As of June 2020

Good things do come in small packages! Remodeled, cozy and inviting 1+ BR bungalow in Hermantown. New kitchen, 3/4 bath with tile shower and maintenance free exterior make this a great little home. Main floor bedroom and den that is currently used as a second bedroom (no closet). Other updates include roof & propane forced air furnace. Full basement with utility area, lots of storage and laundry room. Drilled well & compliant septic system. Electric: $72/mo average Propane: 630 gals last heating season Oct to April

Last Agent to Sell the Property

Julie Sathers

JS Realty Listed on: 05/04/2020

Last Buyer's Agent

Megan Wilson

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1943

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 90x265
  • Property fronts a county road
  • Level Lot
  • Few Trees

Home Design

  • Bungalow
  • Concrete Foundation
  • Fire Rated Drywall
  • Wood Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Woodwork
  • Combination Dining and Living Room
  • Den
  • Lower Floor Utility Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Bedroom in Basement

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Mound Septic
  • Private Sewer
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 395-0010-01725

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,236

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: Just south of the Midway Rd/Hwy 194 intersection.
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-729-9784
  • List Price/ Sq Ft: 241.94
  • PropAdjoinsPublicLand: No
  • Remodeled Addition: Yes
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2020
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Natural Woodwork, Tiled Floors, Drywalls, Dryer Hook-Ups, Washer Hook-Ups
  • Amenities Exterior: Patio
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 505
  • Below Grade Finished Sq Ft: 84
  • Garage Type: None
  • Heat: Forced Air, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Bedroom
  • TotalBedrooms: 1
  • Year Built: 1943
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Basement
  • Property Style: Bungalow
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Microwave, Range/Stove, Refrigerator, Washer
  • Basement Features: Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Estimated Basement Sq Ft: 505
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Formal Dining: Combine with Living Room
  • Extra Rooms: Non-Conforming Bedroom
  • Fireplace: No
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Den/Office
  • Bedroom 5: Bathroom
  • Stories: 1 Story
  • Room 6: Laundry Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 589
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Storage Shed
  • Road Frontage: County
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Gravel

Utilities

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

Schools

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

Lot Info

  • Geo Update Timestamp: 2020-05-04
  • Estimated Lot Dimensions: 90x265
  • Estimated Number of Acres: 0.55
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Light, Level
  • Parcel Number: 395-0010-01725

Rental Info

  • Lease Terms: Cash, Conventional, FHA, VA DVA

Tax Info

  • Tax Amount: 1236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2020
Closed on
Jun 30, 2020
Sold by
Mueller Jeremy R and Mueller Amanda
Bought by
Kautto Katie Ann
Seller's Agent
Julie Sathers
JS Realty
Buyer's Agent
Megan Wilson
RE/MAX Results
List Price
$142,500
Sold Price
$142,500
Current Estimated Value
$206,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,100
Avg. Annual Appreciation
8.55%
Original Mortgage
$135,375
Outstanding Balance
$121,578
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$95,298

Purchase Details

Closed on
Dec 12, 2014
Sold by
Mueller Kyle Paul
Bought by
Mueller James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Secretary Of Housing & Urban Development
Bought by
Mueller Kyle Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,200
Interest Rate
4.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2009
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 30, 2008
Sold by
King Nilka and King James E
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 27, 2003
Sold by
Mcmanus Randolph S and Mcmanus Wilma
Bought by
King James E and King Nilka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,317
Interest Rate
6.37%
Mortgage Type
FHA
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
Kautto Katie Ann $142,500 First American Title Ins Co
Mueller James R $125,000 Itasca County Abstract Compa
Mueller Kyle Paul -- Nw Title
Secretary Of Housing & Urban Development -- None Available
Wells Fargo Bank Na $89,829 None Available
King James E $87,000 Arrowhead Abstract & Title C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kautto Katie Ann $135,375
Previous Owner Mueller James R $125,000
Previous Owner Mueller Kyle Paul $53,200
Previous Owner King James E $86,317
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $142,500 0.0% $242 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
05/04/2020 05/04/20 For Sale $142,500 -- $242 / 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 $1,754 $139,700 $23,500 $116,200
2022 $1,620 $132,700 $23,000 $109,700
2021 $1,388 $125,000 $22,900 $102,100
2020 $1,236 $113,300 $22,300 $91,000
2019 $1,066 $102,700 $43,900 $58,800
2018 $986 $93,800 $39,300 $54,500
2017 $904 $89,100 $37,000 $52,100
2016 $832 $85,400 $37,000 $48,400
2015 $1,006 $43,300 $16,600 $26,700
2014 $1,006 $68,800 $26,500 $42,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6089709

APN: 395001001725