$295,000
SOLD APR 11, 2025

4892 Midway Rd Duluth, MN 55811

2 Beds
1 Bath
1,068 Sq Ft
19,602 Sq Ft Lot

Recently Sold

$276 Per Sq Ft

3% Below List Price

39 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 2 Car Detached Garage
  • Proctor Senior High School Rated 9+
  • Lower Floor Utility Room
  • Living Room

About This Home

As of April 2025

Welcome to your cozy lakeside retreat! This charming 2-bedroom, 1-bathroom home is nestled just across the street from the picturesque Pike Lake, offering you the perfect blend of tranquility and recreation. Step inside to discover a beautifully updated interior, where every corner exudes warmth and comfort. The electric built-in fireplace sets the tone for cozy evenings, while the expansive family room in the basement, complete with an egress window, provides ample space for relaxation and entertainment. This area could also be used as a third bedroom if desired. The property boasts a host of desirable features, including a new fenced yard for added privacy, a convenient two-stall garage for storing all your outdoor gear, and new decks plus a concrete patio for enjoying the fresh air and serene surroundings. With a generous half-acre lot, there's plenty of room to roam and soak in the natural beauty that surrounds you. Plus, being zoned commercial, this property offers versatile possibilities for both personal enjoyment and investment potential. It is currently used for short-term rentals. For outdoor enthusiasts, the location couldn't be more ideal. Just across the way, Pike Lake Beach Club features a full bar and restaurant, golf course, and public landing for your boat or water toys. Pike Lake is a great lake for fishing, swimming, boating and relaxing! Whether you're seeking a peaceful retreat or a lucrative investment opportunity, this fully furnished gem checks all the boxes. Don't miss your chance to make memories in this idyllic lakeview haven.

Last Agent to Sell the Property

Jarett Mickelson

Legacy Real Estate Group LLC Listed on: 01/22/2025

Last Buyer's Agent

Tommy Archer

Coldwell Banker Realty - Duluth

Coldwell Banker Realty - Duluth

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,009

Year Built

  • Built in 1952

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 95x195

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Wood Frame Construction
  • Wood Siding

Interior Spaces

  • Electric Fireplace
  • Family Room
  • Living Room
  • Lower Floor Utility Room
  • Washer and Dryer Hookup
  • Utility Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 1 Bathroom

Finished Basement

  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Recreation or Family Area in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Drilled Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 280-0030-00502

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,009

Year Built

Built in 1952

Lot Details

0.45 Acres

Listing Details

  • Class: SINGLE FAMILY
  • Directions: N. on 53 to Midway Road turn RT to house on the RT. Directly across the street from the Pike Lake Golf and Beach Club.
  • L O1 Office Phone1 Number: 218-393-4753
  • Property Sub-Type: SF/Detached
  • Tax Year: 2024
  • Lot Description Waterfront: No
  • Air Conditioner: Central
  • Mfg And Park Info Construction Type: Frame/Wood
  • FinFootageAboveGrade: 738
  • Below Grade Finished Sq Ft: 330
  • Garage Type: Detached
  • Heat: Forced Air, Propane
  • Fireplaces: 1
  • MainFloorBath: Yes
  • Bedroom 3: Bedroom
  • TotalBedrooms: 2
  • Year Built: 1952
  • Level 1 Bedroom: Main
  • RoomLevel3: Main
  • RoomLevel4: Main
  • RoomLevel5: Basement
  • RoomLevel6: Basement
  • Property Style: Ranch/Rambler
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Three Quarter Bathrooms: 1
  • Basement Features: Finished, Family/Rec Room, Utility Room, Washer Hook-Ups, Dryer Hook-Ups
  • Basement Material: Concrete Block
  • Basement Style: Full
  • Bathroom Description: 3/4 Main Floor
  • Fireplace: Yes
  • Den Fireplace Type: Electric
  • Bedroom Features:Main Floor Bedroom: Yes
  • Bathroom 1: Kitchen
  • Bathroom 2: Living Room
  • Main Residence Features:Family Room4: Bedroom
  • Bedroom 5: Family Room
  • Stories: 1 Story
  • Room 6: Utility Room
  • Total Bathrooms: 1
  • Total Fin Square Footage: 1068
  • Exercise Room Level2: Main

Exterior Features

  • Construction Status: Previously Owned
  • Exterior: Wood

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Power Company: Minnesota Power
  • Sewer: City
  • Water: Drilled

Condo/Co-op/Association

  • Association Fee: No

Schools

  • Junior High Dist: Duluth #709

Lot Info

  • Estimated Lot Dimensions: 95X195
  • Estimated Number of Acres: 0.45
  • Cultivated Acreage: LSAR
  • Geo Subdivision: MN
  • Parcel Number: 280-0030-00502

Rental Info

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

Tax Info

  • Tax Amount: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2025
Closed on
Apr 11, 2025
Sold by
North Shore Properties Llc
Bought by
Meyer Clo
Seller's Agent
Jarett Mickelson
Legacy Real Estate Group LLC
Buyer's Agent
Tommy Archer
Coldwell Banker Realty - Duluth
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
183
Current Estimated Value
$282,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,707
Avg. Annual Appreciation
-2.84%
Original Mortgage
$236,000
Outstanding Balance
$234,975
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$51,897

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 24, 2022
Sold by
Nordeen Deanna J
Bought by
Northshore Properties Llc
Seller's Agent
Justin May
Messina & Associates Real Estate
Buyer's Agent
Bob Franseen
Edina Realty, Inc. - Duluth
List Price
$245,000
Sold Price
$245,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Sep 24, 2021
Sold by
Nordeen Deanna J
Bought by
Nordeen Deanna J and Soderstrom Jeremie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
2.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2010
Sold by
Ralston Dennis Paul
Bought by
Nordeen Deanna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,671
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 18, 2005
Sold by
Ralston Ethel S
Bought by
Ralston Dennis Paul
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $295,000 Pioneer Title
Warranty Deed $245,000 Results Title
Interfamily Deed Transfer -- First American Title Ins Co
Warranty Deed $100,000 Rels Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $236,000 New Conventional
Previous Owner $175,000 New Conventional
Previous Owner $98,671 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/11/2025 04/11/25 Sold $295,000 -3.3% $276 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $305,000 +24.5% $286 / Sq Ft
05/24/2022 05/24/22 Sold $245,000 0.0% $229 / Sq Ft View Prior Sale
04/18/2022 04/18/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $245,000 -- $229 / Sq Ft
Source: Lake Superior Area REALTORS®

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 $1,962 $199,000 $38,600 $160,400
2023 $1,962 $196,100 $35,700 $160,400
2022 $1,352 $142,200 $34,400 $107,800
2021 $1,310 $132,100 $30,300 $101,800
2020 $1,298 $129,400 $29,600 $99,800
2019 $1,164 $126,400 $29,600 $96,800
2018 $1,200 $118,200 $29,600 $88,600
2017 $1,120 $118,200 $29,600 $88,600
2016 $1,014 $114,800 $27,500 $87,300
2015 $935 $80,400 $19,900 $60,500
2014 $935 $80,400 $19,900 $60,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lake Superior Area REALTORS®

MLS Number: 6117579

APN: 280003000502

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