NOT LISTED FOR SALE

4860 Ugstad Rd Duluth, MN 55811

Estimated Value: $450,079 - $476,000

3 Beds
1.5 Baths
2,444 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $435,000 $178 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,609/month

3 Days on Market

Highlights

  • Multiple Garages
  • 20 Acre Lot
  • Ranch Style House
  • Hermantown Elementary School Rated A-
  • Deck
  • Pole Barn

About This Home

As of November 2024

Want to spread your wings? Look at all this 20-acre property has to offer. It is a beautiful hardwood setting with plenty of woods and open land for your garden space. One garden is already here tilled and fenced. There are also plenty of storage options with several garages ranging from a 26x30 detached which is insulated and heated and has its own separate power, a 40x72 Pole building, and a 16x24 garden shed. Located in the Hermantown School District & just minutes away from restaurants & shopping this location is truly prime. The 3 bedroom 1.5 bath ranch was built in 1974 and has several upgrades including a newer oak kitchen, updated bathrooms, and raised panel oak doors. The basement was used as a workshop with a laundry room, half bath, and room for crafts or imagination. Properties like this don’t come along every day!

Last Agent to Sell the Property

Wendy Lyytinen

RE/MAX Results Listed on: 10/15/2024

Last Buyer's Agent

Marta Swierc

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1974

Lot Details

  • 20 Acre Lot
  • Lot Dimensions are 660 x 1320
  • Elevated Lot
  • Many Trees

Home Design

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

Interior Spaces

  • Woodwork
  • Living Room
  • Workshop
  • Lower Floor Utility Room
  • Storage Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Finished Basement Bathroom

Parking

  • 2 Car Detached Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Deck
  • Pole Barn
  • Storage Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Private Water Source
  • Drilled Well
  • Electric Water Heater
  • Mound Septic
  • Private Sewer
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0031-00090

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,100

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: SINGLE FAMILY
  • Directions: From Hwy 53 take Lavaque Bypass Rd to Ugstad Rd
  • InternetOptions: DSL
  • L O1 Office Phone1 Number: 218-722-2810
  • Road Maintenance: Public
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: None
  • Reso Association Amenities: Garage Door Opener, Natural Woodwork, Drywalls
  • Amenities Exterior: Deck
  • Half Bathrooms: 1
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 1222
  • Below Grade Finished Sq Ft: 1222
  • Garage Type: Detached, Multiple
  • Heat: Forced Air, Wood, Propane
  • MainFloorBath: Yes
  • Reso Roof: Asphalt Shingles
  • Bedroom 3: Primary Bedroom
  • TotalBedrooms: 3
  • Year Built: 1974
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Main
  • RoomLevel6: Basement
  • RoomLevel7: Basement
  • RoomLevel8: Basement
  • RoomLevel9: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Stove, Washer
  • Basement Features: Bath, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 1/2 Basement, Full Main Floor
  • Formal Dining: Eat-In Kitchen
  • Extra Rooms: Storage Room, Utility Room, Workshop
  • 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 Story
  • Room 6: Laundry Room
  • Room 7: Workshop
  • Room 8: Storage Room
  • Room 9: Utility Room
  • Total Bathrooms: 2
  • Total Fin Square Footage: 2444
  • Exercise Room Level2: Main

Exterior Features

  • Out Buildings: Pole Building, Storage Shed
  • Road Frontage: Paved
  • Construction Status: Previously Owned
  • Exterior: Vinyl

Garage/Parking

  • Parking Driveway: Driveway - Asphalt
  • Garage Features: Electrical Service, Slab
  • Garage Capacity: 2
  • ParkingFeaturesGarageDimensions: 26x30

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Hermantown #700

Lot Info

  • Estimated Lot Dimensions: 660 x 1320
  • Estimated Number of Acres: 20
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Lot Description: Tree Coverage - Heavy, High
  • Parcel Number: 280-0031-00090

Rental Info

  • Lease Terms: Cash, Conventional, VA DVA

Tax Info

  • Tax Amount: 3100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2024
Closed on
Nov 8, 2024
Sold by
Markus Penny and Tarvas Penny
Bought by
Lathrop Brandon
Seller's Agent
Wendy Lyytinen
RE/MAX Results
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$429,000
Sold Price
$435,000
Premium/Discount to List
$6,000
1.4%
Views
19
Current Estimated Value
$466,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,770
Avg. Annual Appreciation
6.27%
Original Mortgage
$380,000
Outstanding Balance
$375,227
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$91,543

Purchase Details

Listed on
Oct 15, 2024
Closed on
Oct 16, 2024
Sold by
Markus Carl Eugene
Bought by
Tarvas Penny and Markus Penny
Seller's Agent
Wendy Lyytinen
RE/MAX Results
Buyer's Agent
Marta Swierc
RE/MAX Results
List Price
$429,000
Sold Price
$435,000
Premium/Discount to List
$6,000
1.4%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$375,227
Interest Rate
6.32%
Mortgage Type
VA
Estimated Equity
$91,543

Purchase Details

Closed on
May 22, 2002
Sold by
Markus Carl Eugene
Bought by
Markus Carl Eugene and Markus Penny
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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Purchase History

Date Buyer Sale Price Title Company
Lathrop Brandon $435,000 Results Title
Lathrop Brandon $435,000 Results Title
Tarvas Penny -- None Listed On Document
Markus Carl Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lathrop Brandon $380,000
Closed Lathrop Brandon $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $435,000 +1.4% $178 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $429,000 -- $176 / 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 $2,052 $361,900 $159,200 $202,700
2023 $2,052 $347,600 $144,900 $202,700
2022 $2,600 $311,300 $138,300 $173,000
2021 $2,532 $259,300 $85,900 $173,400
2020 $2,554 $254,000 $84,100 $169,900
2019 $2,356 $248,900 $84,100 $164,800
2018 $2,368 $235,100 $84,100 $151,000
2017 $2,278 $235,000 $84,000 $151,000
2016 $2,024 $227,300 $84,500 $142,800
2015 $2,078 $195,400 $75,900 $119,500
2014 $2,078 $195,400 $75,900 $119,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6116596

APN: 280003100090