4892 Midway Rd Duluth, MN 55811
2
Beds
1
Bath
1,068
Sq Ft
0.45
Acres
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 2025Welcome 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$236,000
Outstanding Balance
$236,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$64,259
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%
Original Mortgage
$193,600
Interest Rate
5.1%
Mortgage Type
New Conventional
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
$3,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 2005
Sold by
Ralston Ethel S
Bought by
Ralston Dennis Paul
Similar Homes in Duluth, MN
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Home Values in the Area
Average Home Value in this Area
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 | $193,600 | New Conventional | |
| Previous Owner | $175,000 | New Conventional | |
| Previous Owner | $43,316 | Credit Line Revolving | |
| Previous Owner | $2,859 | Stand Alone Second | |
| Previous Owner | $3,000 | Purchase Money Mortgage | |
| Previous Owner | $98,671 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 Compared to Growth
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 | $1,962 | $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
-
Jarett Mickelson
J
Seller's Agent in 2025
Jarett Mickelson
Legacy Real Estate Group LLC
(218) 390-4010
208 Total Sales
-
Tommy Archer
Buyer's Agent in 2025
Tommy Archer
Coldwell Banker Realty - Duluth
(218) 393-5995
278 Total Sales
-
Justin May
J
Seller's Agent in 2022
Justin May
Messina & Associates Real Estate
(218) 728-4436
47 Total Sales
-
B
Buyer's Agent in 2022
Bob Franseen
Edina Realty, Inc. - Duluth
Map
Source: Lake Superior Area REALTORS®
MLS Number: 6117579
APN: 280003000502
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