NOT LISTED FOR SALE

4835 Terrace Cir Hermantown, MN 55811

Estimated Value: $618,000 - $756,000

4 Beds
2.5 Baths
2,975 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 03, 2013

Last sale price $412,000 $138 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,376/month

58 Days on Market

Highlights

  • Docks
  • Sauna
  • Open Floorplan
  • Hermantown Elementary School Rated A-
  • Heated Floors
  • Deck

About This Home

As of June 2013

Tucked away at the end of a cul-de-sac you'll discover this custom built four bedroom three bath gem. This property offers a very private setting only minutes from the mall area. Enjoy picturesque views of a 30 ft deep pond just a few steps from the home. The main level features an open floor plan with vaulted ceilings and a spacious main floor master suite with jetted tub and separate shower. A beautiful deck off the main level is perfect for entertaining and overlooks the secluded pond. The lower level features a family room with a new Quadrafire pellet stove. A walkout entry leads you to a paver patio overlooking the pond. The 3 car attached garage is heated and has loft storage above. Quality craftsmanship is evident throughout

Last Agent to Sell the Property

Jeffrey Digle

RE/MAX 1 - Duluth Listed on: 03/01/2013

Last Buyer's Agent

Carol Bloomquist

RE/MAX 1 - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,300

Year Built

  • 2002

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 174x125

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Combination Kitchen and Dining Room
  • Sauna
  • Walkup Attic
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Basement Window Egress

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway with Pavers

Eco-Friendly Details

  • Air Exchanger

Outdoor Features

  • Docks
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Pellet Stove burns compressed wood to generate heat
  • Heat Pump System
  • Boiler Heating System

Listing and Financial Details

  • Assessor Parcel Number 395-0010-03698

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,300

Year Built

2002

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Classification: Homestead
  • Style: SF Single Family
  • Amenities: Ceiling Fans, Eat-In Kitchen, Garage Door Opener, Hardwood Floors, Kitchen Center Island, Sauna, Security System, Vaulted Ceilings, Walk-up Attic, Washer/Dryer Hookups
  • Amenities Exterior: Deck, Dock, Driveway - Pavers, Patio, Sauna
  • Estimated Number of Acres: 0.51
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 1591
  • Mechanicals: Air to Air Exchange
  • Parcel Number: 395-0010-03698
  • Stories: 1 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2002

Interior Features

  • Dining Room: Combine with Kitchen, Eat-In Kitchen, Open Floor Plan
  • Fireplace: Yes
  • Fireplace Type: Pellet
  • Appliances: Dishwasher, Dryer, Range/Stove, Refrigerator, Washer
  • Total Bedrooms: 4
  • Bathroom Description: Full Basement, Full Master, Main Floor 1/2 Bath
  • Total Bathrooms: 3
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Room 1: Living Room, 15x11, On Level: Main
  • Room 2: Kitchen, 13x14, On Level: Main
  • Room 3: Bedroom, 18x13.4, On Level: Main
  • Room 4: Bedroom, 10.5x16, On Level: Lower
  • Room 5: Bedroom, 10.2x16, On Level: Lower
  • Room 6: Bedroom, 10.2x16, On Level: Lower
  • Room 7: 11.4x7.6, On Level: Main
  • Basement Features: Egress Windows, Finished, Walkout
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1591
  • Below Grade Finished Sq Ft: 1384
  • Total Fin Square Footage: 2975
  • Total Square Footage: 3182

Exterior Features

  • Frontage Road: City, Paved
  • Construction Type: Frame/Wood
  • Exterior: Cement Board
  • Roof: Asphalt Shingles

Garage/Parking

  • Garage Type: Attached
  • Garage Capacity: 3

Utilities

  • Cooling: Central
  • Fuel: Electric, Natural Gas, Pellet
  • Heat: Boiler, Forced Air, Heat Pump, In Floor, Wood Stove
  • Sewer: City
  • Water: City

Lot Info

  • Estimated Lot Dimensions: 174x125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2016
Sold by
Gotz Daniel P and Gotz Tony Ar
Bought by
Bray Kristin K and Bray David W
Current Estimated Value
$702,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$269,025
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$433,366

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 3, 2013
Sold by
Sutton Mark K
Bought by
Gotz Daniel P and Gotz Tonya R
Seller's Agent
Jeffrey Digle
RE/MAX 1 - Duluth
Buyer's Agent
Carol Bloomquist
RE/MAX 1 - Duluth
List Price
$419,900
Sold Price
$412,000
Premium/Discount to List
-$7,900
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.35%
Original Mortgage
$212,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2011
Sold by
Thielen Andrew J and Thielen Kathleen A
Bought by
Sutton Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bray Kristin K $420,000 North Shore Title Llc
Gotz Daniel P $412,000 Dqt
Sutton Mark K -- Dqt
Sutton Mark K $405,000 Natl Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bray Kristin K $336,000
Previous Owner Gotz Daniel P $212,000
Previous Owner Sutton Mark K $364,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2013 06/03/13 Sold $412,000 -1.9% $138 / Sq Ft
04/28/2013 04/28/13 Pending -- -- --
03/01/2013 03/01/13 For Sale $419,900 -- $141 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

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 $8,300 $586,000 $88,500 $497,500
2023 $8,300 $553,200 $67,100 $486,100
2022 $6,942 $492,200 $65,800 $426,400
2021 $6,716 $438,300 $64,400 $373,900
2020 $6,936 $435,200 $61,300 $373,900
2019 $6,482 $440,000 $84,400 $355,600
2018 $6,120 $419,400 $72,000 $347,400
2017 $5,858 $398,500 $72,100 $326,400
2016 $5,456 $391,100 $69,000 $322,100
2015 $5,168 $361,500 $68,000 $293,500
2014 $5,168 $358,500 $67,900 $290,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 4444723

REALTOR® Association of Southern Minnesota

APN: 395001003698